Taylor Wimpey España reports strong demand for Mallorca homes as new Sa Galera development launches
Leading Spanish home builder Taylor Wimpey España has reported strong demand for its properties in Mallorca in May. Reservations across the company’s Balearic properties are up 37% when compared to 2019, with German, British, Austrian and Swiss buyers all racing to pick up second homes. The company’s Las Villas de Dalt de Sa Rapita development is now fully sold across all four of its phases, while details of new site Sa Galera have just been revealed.
Sa Galera’s eight townhouses are just 300m from the beach in Cala Estancia, delivering stunning views of the Bay of Palma, Bellver Castle and the cathedral from their solarium terraces. Each home has large terraces and private gardens, with three bedrooms and three bathrooms. The properties face south-west and west and come with landscaped grounds and a communal pool. Prices start from €725,000 plus VAT.
Property prices across the Spanish islands rose by 4.6% in the year to May, according to the latest figures from Tinsa, meaning the islands are leading the country in terms of growth. The second highest rise – of 3.2% – was seen along the Mediterranean Coast, while Spain as a whole saw prices increase by 1.3%.
New build homes continue to attract considerably more interest than previously owned properties, with both key-ready and off-plan homes performing well, according to Taylor Wimpey España.