A growing number of experts believe that the Spanish property market is showing signs of recovery following the well documented economic crash which has plagued numerous global property markets.
At least that's how Taylor Wimpey Espana sees the upcoming year in Spain.
With years of experience in building some of Spain's most highly regarded properties, Marc Pritchard, sales and marketing manager of Taylor Wimpey España, suggests that the Spanish market has now reached the bottom and will move in a positive direction this year, highlighting a number of aspects that will aid Spain's recovery.
Sale prices in Spain for quality properties in prime locations were stable in 2011 and Pritchard indicates that this trend will continue into 2012 while properties in less popular inland locations that have reduced infrastructure or no views will drop further in price.
Pritchard predicts that a greater number of lifestyle buyers will enter the second home market this year with very few looking for rental returns. He suggests that the average age of the property buyer will rise up to 55 years old, signaling that lifestyle attributes will be of greater importance in 2012.
Source: http://www.worldpropertychannel.com/europe-residential-news/homes-for-sale-in-spain-taylor-wimpey-espana-costa-blanca-real-estate-spain-holiday-homes-calpesol-residential-complex-in-calpe-costa-blanca-vacation-homes-for-rent-5185.php