Spacious Frontline Golf Villa | 3 Bedroooms | Large Pool, Jacuzzi Area | Fresco Dining

 

 

Experience Unrivalled Golf Course Living

Nestled on a sprawling 670 sq. meter plot, this luxury frontline golf villa at Alenda Golf offers breathtaking views of the manicured greens and serene landscapes. With 3 spacious bedrooms and 2.5 bathrooms, this property epitomizes comfort, style, and tranquillity.

Elegant and Spacious Living Spaces

Step inside to discover a beautifully designed interior that seamlessly blends modern living with timeless elegance. The open-plan kitchen, fully fitted with modern appliances, flows effortlessly into the lounge and dining area. This harmonious space is perfect for both cosy family dinners and entertaining guests, with large windows that flood the room with natural light and offer direct access to the patio and garden.

Outdoor Oasis: Perfect for Relaxation and Entertainment

The villa’s outdoor areas are a true highlight. A large, private swimming pool invites you to cool off during the warm Spanish summers, while the surrounding patio provides ample space for sunbathing and alfresco dining. The mature gardens, dotted with olive trees and lush shrubs, create a serene backdrop for the dedicated barbecue area and covered Jacuzzi—ideal for hosting gatherings or unwinding after a day on the golf course.

Unmatched Location and Convenience

Situated just a stone’s throw from the Alenda Golf Club House, this villa is a haven for golf enthusiasts. Enjoy the convenience of an on-site supermarket within walking distance, while families will appreciate the proximity to a well-regarded private school. The villa is strategically located just 15 minutes from Alicante’s vibrant city centre and international airport, and only 10 minutes from the historic city of Elche, offering the perfect blend of peaceful living with easy access to urban amenities.

A Lifestyle of Luxury at Alenda Golf

Living at Alenda Golf is not just about the home; it’s about embracing a lifestyle of luxury and leisure. The community boasts top-tier amenities, including a fully equipped Olympic gym, a spinning studio, and a Paddle Tennis court. For those who enjoy socialising, the on-site tapas bar and restaurant offer delectable Spanish cuisine with stunning views of the golf course.

Whether you’re a golfer, a family, or simply seeking a beautiful place to call home, this villa at Alenda Golf represents an outstanding opportunity. While the property may require some refurbishment, it also offers incredible potential for expansion and personalisation, making it a unique investment in one of Spain’s most sought-after locations.

Property Overview

Location: Alenda Golf

Plot Size: 670 sq. meters

Bedrooms: 3

Bathrooms: 2.5

Features: Private pool, Jacuzzi, mature gardens, alfresco dining, off-street parking for 2-3 cars.

Why Choose This Villa?

Prime Frontline Golf Location with spectacular views.

Luxury Lifestyle with access to Alenda Golf’s exclusive amenities.

Close Proximity to essential services and top-rated schools.

Easy Access to Alicante, Elche, and international transport links.

FAQs

Is the villa ready to move in?

The villa is in good condition but would benefit from some refurbishment, offering an excellent opportunity to customise the space to your taste.

How far is the nearest airport?

Alicante International Airport is just 15 minutes away, providing easy access for international travel.

What amenities are available at Alenda Golf?

The community offers an Olympic gym, spinning studio, Paddle Tennis court, tapas bar, and a restaurant with stunning golf course views.

Is the property suitable for families?

Yes, the villa is located near a reputable private school, making it an excellent choice for families.

What are the key features of the outdoor space?

The villa boasts a large private pool, a Jacuzzi, mature gardens, a barbecue area, and ample patio space for alfresco dining and sunbathing.

Experience a seamless buying or selling journey with Alenda Golf.

Benefit from our deep market knowledge, extensive network, and comprehensive services all designed to maximise your experience.

Call Alenda Golf Property at + 34 649 649 018 or email us at info@alendagolfproperty.com

#GolfCourseInvestments #AlendaGolf #RealEstateInvesting #LuxuryHomes #SpainPropert

An Alenda Golf Focus – Understanding Golf Course Property Investments

Introduction

 

Definition of Golf Course Property

Golf course property refers to real estate situated within or adjacent to a golf course. These properties can include residential homes, condominiums, and land plots that are part of an exclusive golf course community. The allure of these properties lies in their scenic surroundings, the lifestyle associated with golf, and the prestige that comes with such a location.

Relevance of Golf Course Property Investments

Investing in golf course property is more than just purchasing real estate; it’s about investing in a lifestyle. These investments are particularly appealing to those who value the tranquillity, community, and recreational opportunities that come with living near a golf course. The global rise in luxury property demand has seen a renewed interest in these types of investments.

Overview of the Article

This article delves into the various aspects of investing in golf course properties, with a special focus on Alenda Golf—a premier golf course community in Spain. We will explore the types of properties available, the financial and market considerations, potential returns, risks involved, and practical tips for investors.

Understanding Golf Course Properties

 

What is a Golf Course Property?

Golf course property encompasses real estate that is either situated within or adjacent to a golf course. These properties offer unique benefits, including access to golf facilities, scenic views, and often a gated community lifestyle.

Types of Golf Course Properties

  • Residential Homes: Private homes located directly on or near a golf course, often within exclusive, gated communities.
  • Condominiums: Multi-family units that offer access to golf course amenities, providing a blend of luxury and convenience.
  • Land Plots: Undeveloped land within a golf course community, offering the opportunity to build custom homes tailored to specific tastes.Alenda Golf: A Premier Golf Course Community

Overview of Alenda Golf

Alenda Golf is one of Spain’s most prestigious golf course communities, nestled in the picturesque province of Alicante. Known for its meticulously maintained golf course, stunning natural surroundings, and luxurious residential options, Alenda Golf offers a lifestyle that blends relaxation with elegance.

Types of Properties at Alenda Golf

At Alenda Golf, you’ll find a variety of property options, including spacious villas, modern apartments, and land plots for custom builds. Each property offers proximity to the golf course, ensuring residents enjoy the best of what the community has to offer.

Lifestyle and Amenities at Alenda Golf

Living at Alenda Golf means access to world-class amenities, including the 18-hole golf course, a clubhouse, gym, tennis courts, and dining facilities. The community also offers a peaceful and secure environment, perfect for those seeking a high-quality lifestyle.

Historical Perspective on Golf Course Investments

 

Evolution of Golf Course Property Investments

Historically, golf course properties have been seen as a symbol of luxury and status. The value of these properties often mirrors the health of the real estate market and the popularity of golf as a sport. Alenda Golf, in particular, has seen sustained demand due to its reputation and the quality of life it offers.

Historical Success of Alenda Golf Properties

Alenda Golf has consistently attracted buyers due to its strategic location, premium facilities, and strong community appeal. Over the years, properties here have shown resilience and appreciation in value, making it a favoured choice among investors.

Financial Considerations

 

Initial Investment Costs

Purchasing property within a golf course community like Alenda Golf requires a significant initial investment. The property prices here reflect the premium location, and additional costs such as closing fees and possible renovations should also be considered.

Maintenance and Upkeep

Owning a property at Alenda Golf comes with ongoing costs, including landscaping, community fees, and potential membership dues for the golf course. These costs are vital to maintaining the property’s value and the community’s appeal.

Taxes and Insurance

Given its prime location, property taxes at Alenda Golf may be higher than in non-golf course communities. Additionally, insurance costs could rise if the area is prone to natural risks or if additional coverage is needed for the golf facilities.Market Trends and Demand

Current Market Trends at Alenda Golf

There has been a recent surge in interest in golf course properties, particularly in well-established communities like Alenda Golf. The appeal of such properties has broadened beyond retirees and golf enthusiasts to include high-net-worth individuals seeking a serene lifestyle.

Buyer Demographics

Typical buyers at Alenda Golf include retirees, international investors, and those seeking a luxurious second home. The community’s international appeal ensures a diverse demographic of property owners.

Impact of Location

Alenda Golf’s location in Alicante, known for its pleasant climate and proximity to the Mediterranean, greatly enhances the value of properties here. The region’s popularity as a golfing destination further boosts demand.

Potential Returns on Investment

 

Rental Income Potential

Alenda Golf properties offer strong rental potential, particularly during peak golfing seasons. Investors can tap into the vacation rental market, attracting golf enthusiasts and tourists looking for a premium experience.

Property Appreciation

Properties at Alenda Golf have shown consistent appreciation, driven by limited availability and high demand. The community’s reputation and the quality of its golf course contribute to long-term value retention and growth.

Resale Value

The resale market at Alenda Golf is robust, with properties often fetching premium prices. However, resale success depends on broader market conditions and the continued appeal of the community.

Risks Involved

 

Market Volatility

As with any real estate investment, golf course properties are subject to market fluctuations. Economic downturns or a decrease in golf’s popularity could affect property values at Alenda Golf.

Environmental and Regulatory Risks

Environmental challenges, such as water restrictions or climate change, can impact the viability of maintaining a golf course. Additionally, regulatory changes regarding land use or environmental protections could pose risks.

Competition and Oversupply

An oversupply of golf course properties, either locally or in competing regions, could drive down prices. However, Alenda Golf’s established reputation helps mitigate this risk.

 

Expert Insights and Case Studies

 

Insights from Real Estate Experts

Experts often highlight the importance of choosing a reputable and well-maintained golf community when investing in golf course properties. Alenda Golf is frequently cited as a prime example of a successful, sustainable golf course community.

Case Studies of Successful Investments

Investors in Alenda Golf have seen strong returns due to the community’s consistent demand and premium location. Case studies often show that properties here maintain their value and offer substantial rental income opportunities.

Future Outlook and Trends

 

Emerging Trends in Golf Course Investments

The future of golf course properties may see a focus on sustainability and eco-friendly developments. Alenda Golf is likely to attract buyers interested in properties that offer both luxury and environmental responsibility.

Future Developments at Alenda Golf

Alenda Golf continues to evolve, with plans for new residential developments and amenities that cater to a growing and diverse community. These developments are expected to enhance the community’s appeal and increase property values.

Impact of Climate Change

Climate change presents both challenges and opportunities for golf course properties. Alenda Golf is proactively addressing these by implementing sustainable practices to ensure the long-term viability of its course and community.

Practical Tips for Investors

 

Researching Potential Investments

Thorough research is crucial before investing in a golf course property. Potential buyers should assess the financial health of the golf course, the real estate market in Alicante, and the specific characteristics of the property.

Negotiation Tips

Effective negotiation requires understanding the property’s value, current market trends, and any potential issues that might affect the investment. At Alenda Golf, working with experienced local agents can provide a significant advantage.

Diversifying Your Portfolio

While investing in golf course properties like those at Alenda Golf can be lucrative, it’s important to balance these investments with other assets to spread risk and enhance overall financial stability.

Conclusion

 

Summary of Key Points

 

Investing in golf course property, particularly at a prestigious community like Alenda Golf, can offer substantial rewards. These include property appreciation, rental income, and a luxurious lifestyle. However, investors must carefully consider the associated costs, risks, and market conditions.

Final Thoughts

Golf course property investments are ideal for those seeking a blend of lifestyle and financial return. Alenda Golf stands out as a premier choice, offering both a strong community and the potential for significant returns.

The warm and sunny climate in Costa Blanca allows for year-round golfing, making it an ideal destination for golf enthusiasts who want to play in perfect weather conditions.

Experience a seamless buying or selling journey with Alenda Golf.

Benefit from our deep market knowledge, extensive network, and comprehensive services all designed to maximise your experience.

Call Alenda Golf Property at + 34 649 649 018 or email us at info@alendagolfproperty.com

#GolfCourseInvestments #AlendaGolf #RealEstateInvesting #LuxuryHomes #SpainProperty

External Sources

Insights from real estate market trends in Spain.

Information on the impact of climate change on golf courses.

Case studies on successful golf course property investments.

Ryan Air Expand Flights from Alicante-Elche Miguel Hernández Airport

Ryan Air Alicante Flights

Ryanair will expand the number of routes from Alicante-Elche Miguel Hernández Airport to a total of 80 this summer, 10 of which will be brand new destinations.

The company’s spokesperson in Spain and Portugal, Elena Cabrera, stated that this will also involve increasing the number of aircraft based at Alicante-Elche Airport, which will go from eleven to thirteen, with an investment of around 200 million euro and the creation of 390 new direct jobs, and up to 5,100 indirect jobs, according to Ryanair.

The new destinations that Ryanair incorporates from Alicante are Belfast (United Kingdom), Fez (Morocco), Frankfurt Hahn and Paderborn (Germany), Lodz and Warsaw (Poland), Klagenfurt (Austria), Rome Fiumicino and Turin (Italy) and Santander (Spain).

The eighty routes represent “Ryanair’s largest schedule in its history in Alicante”, a city where it has been operating for 16 years, and will make it possible to offer 6.3 million seats per year (4.7 million of them in the summer campaign: from 1 from April to September 30).

In addition to the new routes, Cabrera has highlighted that the frequencies of 30 of the existing destinations will increase by an average of 19%, including Bordeaux, London Stansted, Milan Bergamo, Porto and Bologna.

Four of the 13 aircraft based in Alicante during the summer will be new Boeing “Gamechangers” units, which are more environmentally sustainable by emitting 16% less carbon dioxide (CO2), carrying 4% more passengers and having 20% less acoustic impact, Cabrera reported.

Alicante-Elche Miguel Hernández Airport closed the month of January 2023 with 795,148 passengers, which means exceeding by 1.3% the data for the same month of 2019, the pre-pandemic year, and registering the best January in its history, with a traffic increase of 68.1% compared to the same month last year.

Another Great Read | https://theleader.info/2023/02/16/ryanair-adds-10-new-routes-from-alicante/ Written by Mark Nolan

 

Property Sales Increase by 16% in Valencia Region

Alenda Golf Property | Alenda Golf Apartments

Figures released this week show that the sale of real estate in the Valencian Community grew by 16% in November compared to the same month of 2020, the third autonomous region with the highest increase after Andalusia and Catalonia, while total mortgages rose 7.2%.

Throughout Spain, 93,178 real estate sales were registered in November, according to the data released by the College of Property and Mercantile Registrars.

Due to the effects of the pandemic on the national economy, the College of Registrars has offered a preview of the Real Estate Registry Statistics for the fourth quarter of 2021, which reveals that the sale of all types of properties across Valencia grew in November by 16,1%, compared to the same month of the previous year, although the figure is two and a half points lower than the national average (+18.7%).

In total, 13,234 transactions were registered in Valencia, compared to the 11,399 transactions registered in November 2020, a period in which real estate activity was affected by the confinement.

If we make the comparison with November 2019 (the year before the pandemic), the growth is however higher (+28%), exceeding the national average (+25%) by three points, according to the figures from the College of Registrars.

The total data places the Valencian Community in third place in a number of operations behind only Andalusia (19,047) and Catalonia (13,300), surpassing the Community of Madrid by almost 3,500 operations, and with respect to November 2020, all the autonomies present increases except Navarra.

As for mortgages, their behaviour during the month of November is similar in terms of their evolution to that indicated for purchases and sales, although slightly lower.

Thus, the number of total mortgages in the Valencian Community through their registration during the month of November shows a growth of 7.2% in relation to November 2020 and of 12.2% if we compare it with the same month of year 2019.

In any of the cases, the growth is lower than the average registered in all Spain, with all the regions in positive with the exception of the Canary Islands.

In total numbers (5,452 operations), the Valencian Community is fourth after Andalusia, Madrid and Catalonia.

At the national level, it goes from 38,474 mortgages on all types of properties (November 2020) to 47,449 in November 2021.

In reference to mortgages exclusively on homes, Valencia recorded 3,835 transactions compared to 2,999 in November 2019 (+27.9%) and 3,442 in November 2020 (+11.4%). Of these, there were 1,471 in Alicante, 329 in Castellón, and 1,642 in Valencia, concludes the report.

Fully Furnished Frontline Golf Apartment | For Sale

Frontline Golf Apartment | Fully Furnished | Everything Included | Underground Trastero & Parking | 2 Bedrooms – 1 En-Suite | 2 Bathrooms | 119,000€

This Frontline Golf Apartment is being sold complete with everything, Furniture, Appliances, TV, Security, Plates and Cutlery.

It also includes 2 sets of golf clubs and an electric golf trolley.

It’s clean and does not need any redecoration which makes it ideal for a first-time buyer or investor who is looking for a golf rental holiday business.

It is in an ideal location for those seeking access to golf 365 days a year (no winter greens).

The area is peaceful and quiet, yet close to some interesting and active Spanish local Towns and Cities.

Being up in the mountain foothills there is easy access to nature, mountain walks and great biking routes, both mountain and road.

The apartment has 2 bedrooms, a family bathroom and the Master Bedroom has an ensuite.

Both bathrooms have the latest bathrooms with showers.  The boilers have been replaced with a larger modern type so there is plenty of hot water.

The Kitchen is fully functional and complete with washing/drying and dishwashing machines, cups, cutlery, fridge freezer, electric hobs – everything you will need for instant move in or let.

This property is well decorated throughout and needs no modernisation.

There is plenty of space to relax on the large balcony with views across the golf course, over the 9th and 10th holes on the back 9.

It has off-street underground parking and a large (trastero) storage room.

In addition, the apartment is very close to all the facilities offered by Alenda Golf, which include a fully equipped modern Olympic gym, a Pilates area, a Paddle Tennis court and a Supermarket that has a complete range of food and drink to suit all needs.

The clubhouse has a tapas bar restaurant that serves all types of European food and drinks which you can have inside or out on the very large terrace, that has spectacular views over the course towards the sea.

Alenda Golf is a popular 18 holes golf course located just a few minutes from the town of Elche, 10 minutes from Alicante and only 15 minutes from Alicante International Airport with cheap flights to and from most European destinations.

It is situated at the foot of the Sierra de Las Aguilas mountains, the Alenda Golf Club has built a wonderful 18-hole golfing experience with gentle terrain but still a challenging par of 72.

It’s a varied course suitable for all skill levels but you will probably have to use every club in your bag.

The tricky undulating greens in particular demand a good putting line that allows for the slope. Flag positions are changed on a regular basis so each green challenges your ability to read greens and pase.

Designed by Roland Favrat and opened in 1999, the course is mature, well planned and provides a relatively quick round as all the holes are linked together with short distances between the tees and greens.

There is a driving range, a practise area of 6 holes and a putting green.

The Golf School guided by the Golf Federation of the Valencian Community has an excellent practice area with 25 driving range stations and areas where you can practice all short and medium game levels.

Alenda Golf is also a European Tour Qualifying Venue.

There are also four other quality golf courses within 30 a minute drive from Alenda Golf.

Price of Housing Rises 13% in Valencia

The cumulative price of housing for sale has risen in the Valencian Community by 13% in five years -compared to 2016- and 0.8% more in one year -compared to 2020-, according to the study ‘Cumulative variation of housing in Spain in 2021’, based on the prices of housing for sale in December of the last 16 years of the Fotocasa Real Estate Index.

However, this latest house price marks a decrease of -14% in 10 years -compared to 2011- and -40% in 15 years -compared to 2006-.

“Indeed, the data indicates that the price of second-hand housing has increased in the last five years, but contrary to popular perception, it has not done so as high as is estimated among citizens, presenting 16% of cumulative rise at a national level”, explained María Matos, Director of Studies and Spokesperson for Fotocasa.

Analysing the prices paid for a home for sale in 2016, the average price per square metre of housing has increased by 13% in the Valencian Community (from 1,287 euro/m2 in December 2016, to 1,448 euro/m2 in December 2021), according to the Fotocasa study. Thus, Valencians five years ago (2016) had to pay an average of 102,928 euro for the sale of an 80 m2 home, compared to the 115,805 euro paid on average in 2021.

By provincial capitals, housing in the capital of Valencia has increased its value by 32% since 2016 and, in other words, for an 80-square-meter home for sale, 129,392 euro were paid 5 years ago (€1,617/m2 in 2016), while in 2021 170,410 euro have been paid (€2,130/m2 in 2021).

Meanwhile, two more Valencian cities have a positive cumulative compared to five years ago (2016) and they are Alicante (16%) and Castelló de la Plana (7.0%).

Mark Nolanhttps://www.theleader.info/

Alenda Golf has a full driving range

Alenda Golf has a full driving range that allows full drives from the 25 placement mats, there is also a Bunker and pitch & putt practice area.

Alenda Golf has a full driving range that allows full drives from the 25 placement mats, there is also a Bunker and pitch & putt practice area.

The Driving range is illuminated and allows you to practice up until 22:00 h.

There is also an excellent practice area which consists of 6 tees of various distances that all converge on to the same green that has three holes cut.

It is ideal for beginners and experts who want to practice the short game.

Tour operators returning to Costa Blanca

The confidence that many British tour operators have with the Costa Blanca seems to be returning. As reported by Turisme de la Comunitat Valenciana, following a meeting at Fitur, states that the UK company, Jet2.com, has confirmed that it plans to triple the number of seats in 2022 compared to those that were available in last year. The commitment will see passenger numbers increase from 180,000 to 460,000.

This would bring them much closer to pre pandemic levels, as in 2019, during the tourism boom,  the airline had 670,000 travellers.

Turisme highlights the importance of such forecasts, which denote that the demand and confidence in the Costa Blanca is beginning to return.

This was confirmed by the regional secretary of Tourism, Francesc Colomer, who said on Monday that “as soon as sanitary conditions allow, and the omicrom situation improves, international demand will return to the Costa Blanca.”

He said that the United Kingdom is slightly ahead of the rest of Europe, and have already begun to remove many of the restrictions imposed until now to avoid contagion, which will allow greater mobility among tourists.

One main problem, though, which is one of the sector’s requests to the Spanish government: the relaxation of measures for minors, coming from countries where they are not yet included in the national programs for second vaccinations or boosters. Hoteliers too demand this exception so that families with children are not prevented from taking their holidays in Spain

Kevin Reardon | https://www.theleader.info/

 

Renting in Murcia soared by 6.4% last year

The price of renting a home in the Region of Murcia soared by 6.4% last year, reaching 7.17 euros/m2 per month in December.

This is the third highest increase in all of Spain behind the Balearic Islands and La Rioja, which have both registered a jump of 6.5%.

By province, the annual increase registered in the Region occupies the eleventh position after Huelva, León, Badajoz, Alicante, Málaga, Palencia, Castellón, Almería, the Balearic Islands and La Rioja, while by capitals, Murcia is in ninth place, with an increase in 2021 of 7.40% and a price of 7.40 euros/m2.

The Region of Murcia isn’t alone in this phenomenon, however, as the average price of rentals has increased in 13 of the 17 autonomous communities in Spain. Despite skyrocketing inflation, none have risen by more than 10%, and Andalucía has seen the most modest boost at just 0.1%, followed by Catalonia (0.4%),

Aragón (1.6%) and the Canary Islands (2.4%).

Interestingly, in four communities, which reported double digit annual increases until recently, the rental prices actually dropped in 2021: Madrid (-3.4%), Navarra (-1.7%), Castilla-La Mancha (-1%) and the Basque Country (0.4%).

Overall in Spain last year, Catalonia was the most expensive place to rent a house or apartment, with each square metre costing a whopping 14.06 euros per month, knocking Madrid into second position with 13.62 euros.

Seen in https://murciatoday.com/murcia-registers-third-largest-rental-price-increase-in-spain_1723422-a.html

 

Sales of Homes Rose by 26%

Alenda Golf Property | Alenda Golf Apartments

The sale of homes rose 26.7% in the Valencia region in November in relation to the same month of 2020, to add 7,529 operations, as reported this Thursday by the National Institute of Statistics (INE).

As for the total number of rural plots transferred in the records of the autonomy, they were 26,345 in November, which represents an annual increase of 19%.

Meanwhile, in Spain as a whole, the sale of homes soared 24.4% year-on-year, to add 49,895 operations in November, its highest figure in this month since 2007, when it exceeded 56,000 transactions.

With the interannual advance of November 2021, the sale of homes has chained nine consecutive months of positive rates after the increases of 32.4% and 65.9% registered in March and April, respectively, of 107.6% in May, 73.5% in June, 53.5% in July, 57.9% in August, 40.6% in September and 22.2% in October.

The year-on-year rise in home sales in November was a consequence of the increase in operations on new homes, which grew by 30.5%, to 10,341 operations, as well as the increase in the sale of used flats by 22.9%, up to 39,554 transactions.

In monthly terms (November 2021 over October of the same year), the sale of homes increased by 7.9%, its greatest advance in a month of November since 2017.

In the first eleven months of last year, the sale of homes accumulated a rise of 34.7%, with increases of 38.4% in operations on new homes and 33.8% in the case of second-hand.

In November, the highest number of Spanish property sales per 100,000 inhabitants occurred in Comunitat Valenciana (188), La Rioja (186) and Cantabria (169).

In absolute values, Andalusia was the region that carried out the most home transactions during the penultimate month of last year, with 11,075 purchases, followed by Comunitat Valenciana (7,529), Cataluña (7,431) and Madrid (6,094).

Kevin Reardon

https://www.theleader.info/

 

Britons flock to Spain to buy second homes

Kiruna Hills | Alenda Golf Property | Costa Blanca

As demand for vacation homes in the sun soars, Britons are flocking to Spain to buy second homes.

Taylor Wimpey, a housebuilder, has reported “excellent” results for 2021, citing rising demand in Spain.

The developer expects strong demand for homes in 2021, thanks to low mortgage rates and the stamp duty holiday.

The relaxation of travel restrictions in Spain has resulted in a surge in prospective buyers looking for a second home in the sun.

According to Taylor Wimpey, demand has increased, particularly in the second half of 2021, and the company is now planning to increase construction as property prices in the country rise.

Taylor Wimpey completed 215 homes in 2021, with an average selling price of £348,000 (€417,000), up from 190 in 2020, when the average selling price was £313,000 (€375,000).

Its order book stood at 324 homes at the end of 2021.

The company’s Spanish arm recently announced that some months in the second half of 2021 saw reservation numbers unprecedented in the 64 years the company has been building in Spain.

With Taylor Wimpey ramping up production, demand in the UK has remained high.

In 2021, home completions in the United Kingdom increased by 47%, with 18% of new homes being affordable.

During this time, average selling prices increased by 3%, fully offsetting rising construction costs, according to the firms.

However, this is still less than the increase in house prices in many parts of the country, with the UK House Price Index indicating a 10.2 percent increase nationally in 2021.

Pete Redfern, Taylor Wimpey’s Chief Executive, stated, “Looking ahead, we are well positioned to deliver against our targets.”

“The future looks bright, and Taylor Wimpey is in a particularly strong position.”

“Over the long term, we remain laser-focused on delivering sustainable growth, strong profitability, and increased cash returns to shareholders.”

The company is now looking to return cash to shareholders, possibly through a share buyback, in which it would buy its own shares and increase the value of those still held by investors.

A tougher Government stance on the cladding crisis has presented a recent challenge to UK housebuilders, with Housing Secretary Michael Gove warning developers that they will have to pay to fix issues.

Mr Gove has set a deadline of early March for the industry to agree on a fully-funded plan to repair the unsafe cladding on the affected buildings.

Taylor Wimpey said in a trading statement.

BY PASCAL NALAT ON JANUARY 17, 2022 Brinkwire

Alenda Golf Practise Area

Alenda Golf Practise Area

Tokens to get buckets of balls can be purchased in the Pro Shop, they also have clubs to hire should you need to. Alenda Golf has a full driving range that allows full drives from the 25 placement mats, there is also a Bunker and pitch & putt practice area.

Tokens for Buckets of Balls can be purchased in the Pro shop along with some golf clubs should you need to hire some.

The Driving Range is illuminated and allows you to practice up until 22:00 h.

There is also an excellent practice area which consists of 6 tees of various distances that all converge on to the same large green, that has three holes cut.

Some of the tees are a real test of golf, as you have to go over the lake which can be very daunting for a high handicap player and very difficult for beginners.

However, it is an ideal practice ground for beginners and for those experts who want to improve the short game.

At Alenda Golf there is also an Olympic styled full gym where you can train to improve your swing.

Alenda Golf Practise Area
Alenda Golf Practise Area

January 1st Alenda Golf | Costa Blanca

The Alenda Golf Property team has lived here at Alenda Golf for over 17 years and believes it is truly a unique place to live.  It offers the peacefulness of country living, a high quality lifestyle surrounded by the famous local grape vineyards of Monforte del Cid and the pine forests of the Sierra de Las Aguilas mountain range. 

Alenda Golf is conveniently located within 15 minutes of Alicante Airport and the historic towns of Elche, Alicante, and Monforte del Cid.  It is also close to the white sandy beaches of the Costa Blanca.  

For the last 17 years, Alenda Golf Property have helped their clients to buy new homes, sell their property, and have also managed property for those who have purchased here at Alenda Golf but live overseas.   

Come and check it out, or call the Alenda Golf specialists today on + 34 649 649 018 and ask to speak to Gloria.

Fluent Spanish and English

ALENDA GOLF PROPERTY For Sale

6 Important Points to Consider Buying in Spain

Buying a Property in Spain | 6 Important Points to Consider

Buying a Property in Spain | 6 Important Points to Consider

NIE Number
Bank Account
Lawyer
Deposit
Mortgage
Completion

To buy any property in Spain you will need an NIE number which must be applied for in person at an appropriate police station.

It only takes max an hour to do this and your NIE number is issued a few days later (certificate).

This can be collected by someone else and doesn´t have to be collected by you

You will need a bank account in Spain to pay things like community fees, electric and general expenses etc

It is recommended that buyers retain a lawyer to assist with the purchase.

If you wish you can give your lawyer Power of Attorney to act on your behalf so you wouldn´t have to fly over just to complete the purchase.

This is simple to arrange and costs about 100 euros.

When you wish to make an offer on a property you will normally be asked to pay a 3000-6000 euro deposit for re-sales and 6000 for a new property.

If your offer is accepted by the vendor then this deposit becomes non-refundable and is considered part payment towards the full purchase price.

If you need a mortgage, then the offer can be made subject to mortgage approval.

This normally gives you 2-3 weeks with the property reserved to try and arrange a mortgage.

In this case the deposit only becomes non-refundable when you have a mortgage offer – for that reason vendors only usually give a couple of weeks to organise a mortgage as they have no guarantee that the sale will go through until your mortgage is approved.

If completion is to take place quickly (4-6 weeks) then usually the rest of the money is paid on completion.

If the completion is to be delayed longer than this then the vendors usually ask for the 3000 or 6000 deposit to be made up to 10% of the purchase price and the rest paid on completion.

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