Taylor Wimpey España Launches Sun Valley II At La Cala
Despite Brexit and Covid, Britons bought more properties in Spain than any other foreign nationality in 2020. They accounted for 1.48 per cent of overall property sales, with total purchases by foreigners accounting for 11.3 per cent, according to the Colegio de Registradores. While the total number of sales inevitably shrank in 2020, it was the second-hand homes market that was the most heavily impacted. Nationally, home sales dropped by 16.7 per cent, but for second-hand homes, that figure reached 18.7 per cent. Sales of new build homes, meanwhile, dropped by just 7.3 per cent.
In fact, according to analysis by Valmesa Consultores, the number of new build transactions in August and September 2020 surpassed those in the same months of 2019.
“We’re seeing some very positive signs across the Spanish property sector right now, with demand and sales both increasing,” said Marc Pritchard, sales and marketing director of Taylor Wimpey España. “Buyers are looking for a mix of key-ready, newly completed homes, as well as off-plan properties on new developments. With renewed interest in the market, prices in coastal regions are beginning to increase, making now a great time to buy before they rise any further.”
Prices along the Costa del Sol rose by 0.1 per cent year-on-year in March 2021, according to Tinsa. However, the monthly increase since February stood at 2.7 per cent, as buyers continue to gain confidence in the light of ongoing vaccination programme rollouts.
Most recently, the company has launched the second phase of homes at Sun Valley at La Cala Golf in Mijas, Malaga. With all but four of the key-ready homes in phase I already sold, Sun Valley’s second phase of stunning golf resort properties are available for purchase with prices starting from €251.000 plus tax.
The two-and three-bedroom apartments’ large terraces have glass balcony enclosures to make the most of the fabulous views. Interestingly, the April 2021 Savills report on home-buying trends in Spain found that those buying property in Spain prioritise having a good view more than any other factor. 94 per cent of buyers ranked this as important, followed by 87 per cent who were focused on having high-speed internet – also something that comes as standard at Sun Valley.
Photo: Sun Valley II At La Cala.
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