The most established British developer in Spain, Taylor Wimpey de España, announced this week that 2010 has seen increases of up to 50% in sales from last year. And it is the Balearic island of Mallorca that has played a major part in bolstering the figures by doubling their year on year sales.
Javier Ballester, Managing Director of Taylor Wimpey de España comments on the news ahead of the official yearend figures:
“Sales to foreign buyers have been driven by the price adjustments that the Spanish market has seen; in Mallorca properties have seen reductions of up to 25%. Taylor Wimpey de España has of course followed the market closely and worked with the market conditions to maintain a buoyancy of sales which has proved effective. We are now looking at launching more developments to keep up with the current demand.”
“Mallorca has seen particularly positive figures due to two important factors. Firstly, we were not hugely overstocked as the recession hit so the supply and demand was always in our favour. Secondly, Mallorca is still considered a unique place and in many ways superior to some of the mainland destinations.
“Taylor Wimpey de España prides themselves on selecting development areas that have not been over exposed and still retain a great deal of Spanish charm.”
El Puerto II, Cala D’Or, Mallorcaare two bedroom apartments located on the south east coast of the island very close to the glamorous Marina de Cala D’Or, one of the best known marinas on the island. This development boasts three communal swimming pools and are surrounded by stunning scenery. Local amenities also include other activities such as water sports, biking and golf in the local area. These properties are available now from €200,000.
For more information on great quality property in Spain contact Taylor Wimpey España on 08000 121 020 or visit www.taylorwimpeyspain.com. Outside the UK call 00 34 971 706 244.