Spain’s leading property developer Taylor Wimpey España are offering VAT of 4 % on properties in a number of fantastic locations throughout Spain, allowing buyers to qualify for half future Capital Gains Tax until the end of 2012.
The growing strength of the pound against the euro and low interest rates are making holiday homes attractively affordable to Brits.
Marc Pritchard, Sales and Marketing Manager at Taylor Wimpey España has revealed that 53 per cent of the company’s property sales last month were made to UK clients, the most sales made in a month to buyers from the UK since September of 2011. He went on to explain that British investors are making the most of the current market situation in Spain.
“The decline in real estate prices in some top locations has seen an influx of interest from foreign investors as more and more people believe that this is the best time to purchase a holiday home in Spain,” says Pritchard.
La Floresta de la Mairena
One of the gorgeous new Taylor Wimpey developments attracting British buyers is La Floresta de la Mairena (site pictured above) on the Costa del Sol, near the beach at Elviria, and close to Marbella and Malaga. Set in beautiful surroundings 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.
These beautiful properties are available now from just €178.000, with just 4% VAT if you buy before the end of this year.