The brits are back in town

This summer saw the British home buyer return to the Spanish sun, according to a leading British developer in Spain, Taylor Wimpey de España...

With leads and property enquiries up 80% in August 2010 compared to August 2009 and visits from Brits on viewing tours to the property developments have also rocketed by 67% compared to the same period last year.

Despite the challenging market conditions Taylor Wimpey Spain has also seen sales increase for the first 8 months of 2010. Developments in Mallorca and the Costa del Sol have sold out leading to the launch of new developments in these regions.

Victor Sague, Sales & Marketing Director or Taylor Wimpey de España comments:

"We have found that there has always been the interest throughout the downturn, however, buyers have been waiting for the market to bottom out before they invest. In the premier destinations, like Marbella, this is without doubt now the case hence the spike in interest and serious buyers.

"Many interested buyers have sat on the fence for the last couple of years, sensibly watching the market, in my opinion, now is an excellent time to buy to make the most of the reduced prices and excellent stock property on offer."

Source: MyIntroducer