Knight Frank's European Lifestyle Report 2024 has identified Europe as offering "good value compared to other global markets," with Spain standing out for its exceptional value. Two Spanish locations-Barcelona and Marbella-ranked among the top four destinations worldwide for the value of their prime residential prices. As of Q2 2024, prime properties in Barcelona are priced between EUR 8,000 and EUR 8,900 per square metre, while in Marbella, prices range from EUR 8,900 to EUR 9,800.

Leading Spanish home builder Taylor Wimpey Espana supports the report's findings, noting that second home buyers in Spain are not only looking for value but also for a swift and straightforward purchasing process. Many buyers prioritise the immediate enjoyment of their new property, making key-ready homes particularly sought after.

According to Marc Pritchard, Sales and Marketing Director at Taylor Wimpey Espana, "Whether it's investors seeking rapid returns, second home buyers wanting to enjoy a holiday as soon as possible or relocators keen to start a new life in Spain, there is strong demand for key-ready homes at present. Many buyers also want expert support to help them navigate the purchase process as swiftly as possible. Our 65+ years of experience selling homes in Spain is invaluable in this respect; it means our buyers can move ahead with their purchase with full confidence."

Purchasing a brand new, key-ready home comes with numerous advantages. Newly constructed homes typically appreciate at a faster rate, making them a solid investment. In Spain, current market preferences for design include spacious terraces, open-plan living areas, and adaptable spaces suitable for various activities, from leisure to remote work, as highlighted by Taylor Wimpey Espana experts.

New homes also feature the latest advancements in energy efficiency and construction quality. Bella Beach in Denia (Alicante) exemplifies this, with a two-bedroom key-ready apartment priced at EUR 380,000 plus VAT. Rated 'A' for energy efficiency, it includes aerothermal heating, double glazing, and pre-installation for electric vehicles, all within a beautifully bright and airy interior. This superior energy efficiency allows owners to enjoy substantial savings on utility bills. Residents also benefit from sea views, communal gardens, and a shared pool, situated just 100 metres from the beach.

Another advantage of purchasing new is that everything in the home is in excellent condition, including electrical systems and plumbing, which minimises the need for additional expenses in the short to medium term. Homebuyers can thus relax and enjoy their property without the worry of major repairs or renovations, often required with older homes.

This aspect is especially pertinent for buyers keen to make the most of the local area immediately. At Almazara Hills in Istan on the Costa del Sol, there is plenty to enjoy, allowing buyers to avoid the stress of maintaining an aging property. The stunning Sierra de las Nieves provides an ideal setting for nature lovers, while the vibrant attractions of Marbella and Puerto Banus appeal to those who enjoy a lively urban atmosphere combined with beautiful beachscapes.

Key-ready, three-bedroom penthouses at Almazara Hills start from EUR 520,000 plus VAT, while off-plan two-bedroom apartments begin at EUR 360,000 plus VAT. Nestled on the slopes of La Concha and near the Sierra Blanca Country Club resort, these homes are set in an exceptional natural environment, with golf courses and international schools just a 10-minute drive away.

Marc Pritchard further stated, "Key-ready homes in Spain meet a wide range of buyer needs and preferences. From beachfront properties at the heart of the action to homes tucked away on the doorstep of incredible natural environments, there are homes to suit every taste. Easy access from airports across the UK adds to the attractions, while Spain's outstanding road and rail infrastructure also opens up greener forms of travel."

In conclusion, the appeal of key-ready homes in Spain is undeniable, attracting a diverse range of buyers seeking immediate enjoyment and investment potential. With modern amenities and strategic locations, these properties are positioned to meet the growing demand for hassle-free living in vibrant settings. Spain's allure as a top real estate destination continues to rise, driven by both lifestyle and investment opportunities, making it a compelling choice for prospective homeowners.