Leading Spanish homebuilder, Taylor Wimpey España, announced in January that there is continued growth in the business due to a ‘meaningful improvement in the Spanish market in 2015’.
The company, which has been building homes in Spain for over 50 years, released figures that show an increase in the total order book, as at 31 December 2015, of 15.9 per cent to 270 homes at the close of the year.
Highlighting the improving Spanish market, the leading developer also confirmed an increase in average selling prices compared to a year ago. The average selling price of a Taylor Wimpey España property in 2014 was €250,000, by 2015 this had increased by 26 per cent to €315,000. The increasing average amount spent on a Spanish holiday home indicates the growing trust in a Spanish market that is going from strength to strength. This trust is being restored as the market continues to gain and increasing numbers of buyers look again at this popular second home market. This has been shown in the recent General Council of Notaries figures, which showed an increase of 8.7 per cent in sales of Spanish properties in September.