Balearic house price growth double national average, as Taylor Wimpey España announces Sunset Ibiza launch

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New Delhi, April 25, 2019: 

  • New Sunset Ibiza homes mark developer’s first site on island since 2014
  • Balearic and Canary Islands enjoying property price growth of 8% (Tinsa)
  • Balearic tourism up 15.93% in February (IBESTAT)

The Balearic and Canary Islands are leading Spanish property price growth, with prices increasing at more than double the national average, according to the latest data from Tinsa. The IMIE General Index shows an annual rate of increase of 8.0% across the islands, compared to a national price rise of 3.9%.

“Spring heralds the start of the buying season in the Balearics, as it does in many other parts of Spain. On islands such as Mallorca and Ibiza, the property markets will be busy from now until the end of the summer. Foreign buyers play a significant role in these island markets as they vie with locals to find the perfect property in the perfect location.”

 Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España.

On the island of Ibiza, those seeking their ideal home (whether as a second home or a permanent residence), now have a superb new development to consider. Leading Spanish home builder Taylor Wimpey España has just announced the launch of Sunset Ibiza – the company’s first development on the island since 2014.
Offering incredible views over the bay at Cala Gracio and Conillera island, Sunset Ibiza is an exclusive collection of two and three-bedroom apartments, priced from €410,500. Large private terraces and the communal pool and gardens are perfect for enjoying the spectacular sunsets for which the island is so well known. Internally, the light-filled apartments offer spacious, elegant island living, making this frontline development an extremely attractive option for those looking to enjoy the best of the Ibiza lifestyle.

“We are delighted to be building on Ibiza once again, having spent quite some time scouring the island for the perfect site. Sunset Ibiza will be a truly outstanding new frontline development, which maximises the very best elements of life on the island.”

Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España

The launch is well timed. Not only are property prices in the Balearics rising faster than anywhere else in Spain, visitor numbers are also up significantly. According to the latest figures from IBESTAT, tourism to the Balearic Islands was up by 15.93% in February 2019, compared with the same month in 2018. Whichever way you look at it, Ibiza is thriving, making now the ideal time for Taylor Wimpey España to announce the launch of its beautifully positioned new homes.
Corporate Comm India(CCI Newswire)