91% increase in home completions for the first half of 2018

Spanish home builder Taylor Wimpey España has reported a 91% increase in home completions for the first half of 2018, when compared with the same period in 2017. The company has reported a strong first half of the year and expressed optimism regarding the rest of 2018 and beyond.

The news comes against a backdrop of continuing positive growth in the Spanish property market. The latest Tinsa data shows a price rise of 4.3% nationally in July, with urban areas, the Balearics/Canaries and the Mediterranean Coast all recording positive movement.  Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España, says:
“We are delighted to report such a positive start to 2018 and to see the Spanish property market performing so well. We have worked hard over the past several years to ensure that our customers are not only provided with a great product, but also with superb customer service. This approach has supported the positive results that we have achieved in terms of completions and has positioned Taylor Wimpey España well for the future.”
Taylor Wimpey España report that their customer satisfaction rate is currently running at 98%. The company’s blend of outstanding beach and golf homes, together with impeccable service, has delighted buyers from across Europe (and beyond) so far this year.
German buyers were the largest nationality group for January to June, accounting for 25% of Taylor Wimpey España’s total reservations, followed by Britons (at 14%), Scandinavians (10%) and Russians (9%).
Interestingly, most British buyers seem un-phased by the impending Brexit date when it comes to buying Spanish property. Instead, they are focusing on the myriad benefits of living in Spain, from its climate to its golf courses.
One development to particularly benefit from this is Horizon Golf. The 55 spacious townhouses are located within La Cala Golf Resort’s famous Campo Asia golf course. The gated development boasts communal swimming pools and beautiful gardens, while each house benefits from large terraces and solarium of over 50 m² with panoramic views.  Pritchard continues:
 
“There’s definitely an air of ‘keep calm and carry on’ when it comes to Britons buying Spanish property at the moment. Brexit’s there in the background, but few buyers are seeing it as much more than a possible future irritation. They’re not letting Brexit get in the way of their dream of holiday home ownership.”
In terms of regional focus, buyers remain positive about the Costa del Sol and Costa Blanca, as well as the largest of the Balearic Islands, Mallorca.
 

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