While the eurozone construction sector recorded an increase in activity of 12.4% in March 2012 over the previous month according to Eurostat, there is no denying that some nations, such as Spain, have seen a decline. Specifically, while there seems to be an air of doom and gloom surrounding property in Spain, Spanish house builder Taylor Wimpey España appears to be bucking the trend.
Marc Pritchard, Sales and Marketing Manager at Taylor Wimpey España, comments,
"In Spite of what has been a testing time, we have experienced incredible success of late particularly with our off plan projects. We are currently building our last 30 units at our development Los Robles de Los Arqueros, Costa del Sol where we have already sold 19 units. As well as this, we have already sold 50% off plan at Lagunas del Sol, on the Costa Blanca. However, our biggest success story has to be our complete sell out in just 13 months of our off plan development at Cala Anguila, Mallorca.
"We aren't surprised that Cala Anguila is completely sold out. The development not only benefits from being one of the last few plots of land for a home next to a beach in Mallorca – just 100 metres to be exact but from an unbeatable price tag starting from just €200.000. It just goes to show that even in difficult times; it's still possible to sell a complete development in Spain off plan. We've proved it!"
Meanwhile, when it comes to who's buying, Brits still remain the strongest purchasing nation according to Taylor Wimpey España with the Balearics ranking as one of the most popular destinations for British buyers.
"The Balearic island of Mallorca, where celebrities such as Claudia Schiffer and Boris Becker have homes, has bucked the trend seen on mainland Spain and still remains a highly sort after second home location. As an island, Mallorca's restriction of available land to develop combined with conscientious planning has meant that the isle is not over developed allowing prices to remain steady. Indeed, along with Mallorca's resilience, any properties in prime locations that are well-constructed are selling fast – this was certainly Cala Anguila's USP!"