The eurozone debt crisis has left British construction firm Taylor Wimpey as the last homebuilder still actively developing on the Spanish island of Majorca.
Marc Pritchard, sales and marketing director of Taylor Wimpey de Espana, commented the rising interest from overseas investors demonstrates 'many buyers have been discerning enough to strike while the iron is hot and purchase properties that are well priced and in excellent locations'.
Marc Pritchard, sales and marketing manager at Taylor Wimpey España, commented: 'The Kyero.com report provides an interesting insight into what buyers want from Spanish property. In 2012 it is important to look at trends in buyer behavior and the interest generated regarding Spanish property to identify how to grab the attention of this year's property buyers.'
Earlier this week, Marc Pritchard, sales and marketing director at Taylor Wimpey de Espana, was positive about the outlook for Spanish property in 2012, commenting that further house price falls in highly desirable areas are unlikely, with growth anticipated in the most sought-after locations.
But those who purchase a new build property on the stunning Balearic island of Mallorca or Costa Blanca through leading house builder Taylor Wimpey Spain before 29th February 2012 can enjoy an extra 4% off the purchase price, in effect making the property VAT free. Offer on stock properties (limited units).
Many foreign buyers will be looking to the famous Costa Blanca to make property purchases. Among the Costa Blanca hot spots are the Lagunas Del Sol and Calpesol developments. Lagunas Del Sol features 2 and 3 bedroom townhomes in a rural part of Rojales, built in a natural setting. Calpesol features 2 and 3 bedroom properties with sun-roofed terraces, gardens, and private parking.
Taylor Wimpey España have properties to offer prospective buyers in Costa Blanca, and in other locations in Spain including a new property development in Lagunas del Sol.
This is the opinion of Marc Pritchard, sales and marketing manager at Taylor Wimpey de Espana, who noted that even more people are expected to holiday in the nation during 2012 than in 2011.
Here you can obtain free tickets for A Place in the Sun exhibition. Come an see us on stand B51
But those who purchase a new build property on the stunning Balearic island of Mallorca or Costa Blanca through leading house builder Taylor Wimpey Spain before 29th February 2012 can enjoy an extra 4% off the purchase price, in effect making the property VAT free.
Taylor Wimpey group registered some improvement in its small Spanish business, where although the number of properties sold dipped, the average selling price rose to £238,000 from £214,000 in 2010, meaning it made a 'marginal' profit.
While emphasising that the Spanish market overall remains “very challenged,” Mr Redfern said the company benefited from operating in a smaller pool of active developers and because half the business was based on the island of Majorca, where constrained land supply makes properties more expensive.
Via www.ft.com
The market has reached the bottom according to Marc Pritchard, sales and marketing manager of Taylor Wimpey España and will move in a positive direction this year. Sale prices in Spain for quality properties in prime locations were stable in 2011 and Pritchard indicates that this trend will continue into 2012 while properties in less popular inland locations that have reduced infrastructure or no views will drop further in price.
With years of experience in building some of Spain's most highly regarded properties, Marc Pritchard, sales and marketing manager of Taylor Wimpey España, suggests that the Spanish market has now reached the bottom and will move in a positive direction this year, highlighting a number of aspects that will aid Spain's recovery.
"The Spanish government maintains the reduced VAT (4%) on new homes in 2012"
And until 29 February: Taylor Wimpey will pay the remaining 4%. Your new home in Spain without VAT!
Special offer on stock properties with legal completion on or before 29st of February of 2012. Limited amount of properties available
