Overseas property news - Spanish property sales up by 40pc

Spanish property sales up by 40pc

 

According to the National Institute of Statistics, there has been a further rise in the number of people taking advantage of bargain priced properties across Spain throughout September of this year, with sales rising for the second consecutive month.

The figures reveal that there were 22,648 residential property sales in September, up 3% on the corresponding month last year with enquiry data from leading house builder, Taylor Wimpey España revealing that proximity to beaches and golf courses the main sales appeal.

Marc Pritchard, Sales and Marketing Manager at Taylor Wimpey España explains,

"Despite turbulence in the domestic property sector, demand for second or holiday homes in Spain from international buyers remains high. Half of our British buyers wish to own a property which is in close proximity to a beach, followed closely by almost 40% that aspire to live near a golf course reinforcing the importance of prime location to today's buyers."

Indeed, a recent study by the Spanish Ministry of Tourism showed that golf contributed 4.5% of tourist revenues to the Andalucía region alone, with a surge of 427,000 tourists visiting the area and its world class courses last year.

The Costa del Sol is quite simply a golfer's paradise; there are some 72 golf resorts and courses in Andalucía which rank in the top 10 in Europe. Add to that a fantastic all year round climate and easy access from the UK and you are most definitely in golfing heaven.

For example La Floresta de la Mairena is a new residential development from Taylor Wimpey España located near the charming village of Elviria and its golden beach, very close to Marbella and Malaga. Set in beautiful surroundings which have been declared a natural biosphere reserve by UNESCO, this development benefits from stunning views towards the oak and pine forest as well as towards the sea.

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