Every seasoned investor knows that the time to buy property is during the bust, and it’s no secret that ‘bust’ is the best word to describe the Spanish property market today. Put the two together and it’s hard not to conclude that now might be a great time to buy a home in Spain.
That’s the argument being put forward by leading developer Taylor Woodrow de España, a major UK house builder that also builds great quality new developments in Spain. It may help explain why Taylor Woodrow is starting to see a definite improvement in the market.
“For many months confidence in the property market has been low and, quite frankly, who can blame house hunters for holding back when it comes to making one of the biggest investments of their lifetime,” says Victor Sague, Marketing Director of Taylor Woodrow de España. “However, now we are seeing a number of people returning to the market, anxious not to miss out on some of the excellent deals that are currently available.”
The problem is the window of opportunity won’t last forever. “With the market looking up, inflationary pressures may start to build on house prices, as confidence returns. Indeed, house hunters who hesitate might miss the chance of a lifetime to buy at the bottom of the market,” argues Sague. “I believe history will show that people who buy in the present climate did so at just the right time. Not taking advantage of the most affordable moment of the decade in the property market could turn out to be an expensive missed opportunity!”
For proof of the great deals to be had today, look no further than Taylor Woodrow de España’s current discounts of up to 35% on a selection of 30 homes across its developments in Mallorca, Costa del Sol and Costa Blanca. Prices start from as low as €173,000 in Costa del Sol, €190,000 in Mallorca and €173,531 in Costa Blanca.
One of the developments that is currently offering this fabulous discount is Taylor Woodrow de Españas’ Las Encinas de los Arqueros development situated on the Los Arqueros Golf Club, just a few minutes from San Pedro Alcántara, Puerto Banús and Marbella, in the Costa del Sol. Las Encinas consists of 30 two and three bedroom apartments in the style of a Mediterranean village with magnificent terraces, swimming pool, gardens and an over-ground parking space. All apartments are southeast facing with magnificent views over the golf course and sea. Prices at this internationally renowned resort now start from a credit crunching €197,000.
But tumbling prices in Spain are no excuse for leaving your brain on the plane. “If you decide to take advantage of today’s prices, don’t forget that quality still counts,” cautions Sague. “It is still important to buy from developers, such as Taylor Woodrow de España, who have retained their commitment to quality new homes through thick and thin.”
With a reputation for trust, Taylor Woodrow de España provides a specialised service and dedicated team within the UK and Spain who can help and advise homebuyers through the entire process of choosing, buying and settling into a new Spanish home.
For more information on the great deals available from Taylor Woodrow de España call 08000 121 020 or visit www.taylorwoodrow.es