Taylor Wimpey Espana has continued growth in the business as ‘the Spanish market continued to be positive’ during 2016. 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 2016, of 8.5% to 293 homes at the close of the year. Alongside this, and as part of their commitment to delivering quality developments as the trusted name in Spain, Taylor Wimpey Espana revealed an increase in completions of 21% in 2016 compared to 2015 (from 251 homes in 2015 to 304 homes in 2016).
Highlighting the improving Spanish market, the developer also confirmed an increase in average selling prices compared to a year ago. The average selling price of a Taylor Wimpey Espana property in 2015 was €315,000, by 2016 this had increased by 14% to €358,000.
Javier Ballester, Managing Director for Taylor Wimpey Espana comments on the end of year figures, ‘We are extremely proud of the fantastic results Taylor Wimpey Espana has seen in 2016, figures which have confirmed our position as the leading homebuilder in the Spanish property market. Our outlook for 2017 is positive, despite wider macroeconomic uncertainty created by the EU referendum result which has and is affecting sales to British buyers in Spain.’
‘However, the rest of the European markets, specifically Germans, Belgians, Swedish and Spanish, have performed very well in 2016 and we would expect these to continue on an upward trajectory in 2017. Low interest rates and easy access to mortgages in Spain and the rest of Europe will continue to enable buyers the opportunity to purchase their dream Spanish home’
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