Brits Are Buying Homes On The Costa Del Sol Once Again

13 October 2017 – Inmodiario

The latest figures from the property developer Taylor Wimpey España relating to the sale of homes in urbanisations on the Costa del Sol to British citizens are encouraging. During the third quarter of the year, the number of citizens from the United Kingdom buying homes in developments such as Botanic, in the Reserva del Alcucruz, and Horizon Golf, in La Cala de Mijas, increased considerably, to make Brits the top-ranking nationality in terms of the sales made by Taylor Wimpey España.

Brits accounted for 19% of the buyers of Taylor Wimpey residential homes on the Costa del Sol, followed by Belgian citizens in second place and Swedes in third place.

For the Director of Sales and Marketing at the company in Spain, Marc Pritchard, “this data is a clear sign that citizens from the UK are continuing to choose the residential areas that Taylor Wimpey is creating when it comes to acquiring holiday homes”.

Moreover, adds Pritchard, another piece of data is noteworthy: the Brits who are buying holiday homes on the Spanish coast are very aware of sustainability and the environment and so prefer to invest a bit more in homes that fulfil those requirements (…).

This means that homes are being conceived to ensure minimum energy consumption and maximum environmental protection, through the use of solar panels, thermal insulation and maximum acoustic-protecting materials. As such, these homes have the highest energy rating in the market (“B”). In the same way, green spaces are becoming particularly important in the Botanic development, and the ecological environment of the Mediterranean pine tree wood is being further strengthened by the creation of a botanical garden for the enjoyment of all the neighbours.

These credentials that are respectful of the environment increase ownership values to 38%, according to CBRE Residencial, a company that also says that 82% of citizens from the United Kingdom are willing to pay more for a sustainable home.

The Botanic urbanisation on the Costa del Sol comprises 92 bright and spacious 3-bedroom homes, featuring large south-facing terraces. The 4-storey buildings have spacious penthouses with modern designs and spectacular solariums from where residents can enjoy the sunrise and sunset, with panoramic views over Los Arqueros Golf course, the sea and Gibraltar. The asking prices for these homes start at €365,000 (…).

Original story: Inmodiario (by Carmen Durán)

Translation: Carmel Drake

Solvia To Build 100 Sustainable Homes In Madrid

12 March 2015 – Expansión

Build homes that consume minimal energy and are carefully designed, at an affordable price. That is the goal that has been set for Solvia, the real estate arm of Banco Sabadell and the College of Architects (COAM), with the launch of a competition where Spanish architects will submit their proposals to create the most energy efficient residential development possible. “When COAM suggested this project to us, we looked at which one of our plots (of land) would be the most suitable and economically viable (a construction cost of €600 per square metre has been set) and we chose one in Torrejón de Ardoz with the capacity for up to 100 homes in two phases”, explains Anna Guantar, Innovation Director at Solvia.

The competition has been very successful and the developers have already selected five finalists. “The winner will be chosen this month and will receive €20,000, and if it is economically viable, then the project will be built”, says Pilar Pereda, Head of COAM.

Following the development of these homes, Solvia does not rule out the construction of other homes with zero emissions on foreclosed plots of land.

Original story: Expansión (by R. R.)

Translation: Carmel Drake