Are you hoping to purchase an overseas holiday home in Spain? If you’re looking at different areas and wondering where might be best to set your sights on, you will be interested to know where other holidaymakers have decided to settle…
The National Statistics Institute (INE) in Spain release information regarding property sales throughout the country, and its latest report shows positive results for the region of Andalusia!
In the year to March 2019, there was an increase in sales by 19.7% in Andalusia, clearly showing a boom in interest. This southern region is home to Brit hotspots such as Marbella and Malaga – strong favourites for UK holidaymakers wanting to return to the same area they know and love each year.
The Costa del Sol as a whole is admired by many, and it certainly makes sense to invest in a holiday home abroad, if you do intend on going back there again and again.
Spanish property developer Taylor Wimpey España has been building homes in Spain since 1958, and has therefore witnessed the increasing attention from Brits looking to buy a second home overseas. Marc Pritchard is the Sales and Marketing Director for Taylor Wimpey España, and has shared his thoughts on this surge in Spanish property purchases: “There’s no single factor that makes the Costa del Sol so appealing – rather, it’s the way that the area blends so many charms into one overall package.
“The beautiful climate is of course a major draw, as are the area’s outstanding Blue Flag beaches and multiple golf courses. The charm of the local towns is another key factor, as is the fantastic cuisine. And all of it at some of the most affordable prices in Europe.”
Taylor Wimpey España has also pointed out that Spain appeared three times on the 2019 Post Office Holiday Costs Barometer. Ranking the cheapest holiday destinations in Europe, Torremolinos, Benidorm and Alicante featured on this list. They were positioned fourth, fifth and tenth respectively.
There are also plans from airline company Jet2 to expand, making it even easier to travel over to Spain from the UK. It aims to expand by 10% in 2019, following a growth of 20% during 2018. This will mean an increase in seats (54.3% more offered out of season during 2019). The opportunity to visit holiday homes all-year-round will make it even easier for overseas property owners to visit as often as they like.
Pritchard also went on to say: “One of the other appeals of the Costa del Sol is the sheer variety of holiday home options available. Buyers can opt for key-ready homes for instant holiday gratification or buy off-plan and enjoy having an input into the design process of their new second home.”