Construction

Challenges Ahead in Developments in Spain’s Housing Market

Despite these positive indicators, challenges persist: Housing Shortage: Spain faces a housing shortage, needing 225,000 new homes annually to meet demand. Empty Properties: The Bank of Spain's 2023 annual report highlighted approximately four million empty properties, including unsold units and those in disrepair, underscoring inefficiencies in the housing market. In summary, while Spain's...

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