What do buyers want from Spanish property in 2012?

Thursday 12th January 2012

Having waved goodbye to what was a relatively tough year for the global property market, Kyero.com's latest analysis of the forever popular Spanish property market highlights some interesting findings, identifying that foreign buyers will continue to look for bargain properties focusing in Spain's best known areas.

Kyero.com's enquiry report analysed almost 130,000 enquiries made by email during the second half of 2011 showing that between July 2011 and December 2011 47.3% of enquiries for properties in Spain sat within the £50,000 to £100,000 price range.

Further statistics show that across Spain 31.6% of enquiries made wanted an apartment while 32% desired a 3-bedroom property. Meanwhile, unsurprisingly over half of enquiries - 55% - requested a pool.

Marc Pritchard, sales and marketing manager at Taylor Wimpey España, commented: "The Kyero.com report provides an interesting insight into what buyers want from Spanish property. In 2012 it is important to look at trends in buyer behavior and the interest generated regarding Spanish property to identify how to grab the attention of this year's property buyers."

Pritchard continued: "Indeed, the findings show that by province, Alicante and the Costa Blanca remain the favorite locations for foreign property hunters accounting for nearly 35% of enquiries according to Kyero.com's findings while Malaga in the Costa del Sol followed behind with 14.4%. With this in mind, we at Taylor Wimpey España feel we can meet the needs of customers not only because many of our properties are located in these popular areas but because we can deliver on property type and budget as highlighted in the report."