Overseas property news - Spanish construction activity growth double that of eu

Spanish construction activity growth double that of eu

According to Eurostat, Spain's construction sector increased by 14.4 per cent year-on-year to January 2015, compared with an EU average rise of only 3 per cent. In monthly terms, Spanish construction activity grew by 2 per cent from December 2014 to January 2015 – double the figure for the EU.

"We're providing good value for money in the best locations, with the best build quality and from a name that buyers can trust," says Marc Pritchard, Sales and Marketing Director of leading Spanish homebuilder Taylor Wimpey España.

"A lot of work goes into choosing the locations for our developments, so that our buyers really do get the best there is."

It's an ethos that is apparent at Costa Beach, where Taylor Wimpey España is offering high spec, frontline properties from €262,000. Indeed, the building of such high-end developments has helped push Spain ahead of the rest of the continent when it comes to construction.

It is indicative of buyers' trust in Taylor Wimpey España that the company was able to keep building throughout Spain's difficult economic times. With the right product, the market remained solid, despite tales of desperation elsewhere in the property sector.

Indeed, while sales of existing homes climbed 52 per cent in the 12 months to March 2015, sales of new build homes fell 30 per cent year-on-year according to the National Institute of Statistics. Despite this, Pritchard remains confident:

"We've been doing this a long time, some 50 years," he concludes. "And one of the reasons for that is that we listen to our customers and respond to their needs. From the ability to personalise their new apartments during construction, to selecting the perfect location, we make sure that we never stop learning from those who buy from us."

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