Avila is one of the capitals of Spain with the “youngest” housing stock

Avila is one of the capitals of Spain with the “youngest” housing stock

Avila is one of the Spanish capitals with the “youngest” housing stock, while more than half of the housing stock in Spain is over 40 years old, according to Idealista.

There are 34,243 registered houses in the capital Avila, 61.5% of which are less than 40 years old, and the rest, 38.5%, are over 40 years old. These figures put the city in fifth place in the ranking of cities with the youngest real estate fund, which contrasts with the situation in many country’s provincial capitals.

Barcelona and Bilbao, where 84.5% and 78.2% of houses are over 40 years old, respectively, are at the bottom. After these two cities, 12 capital cities now have more than 60% of houses aged 40 or more. It:

  • Valencia (69.5%).
  • San Sebastian (68.8%).
  • Madrid (67.2%).
  • Cadiz (64.2%).
  • Palm (63.4%).
  • Santander (63%).
  • Seville (62.2%).
  • Las Palmas de Gran Canaria (61.5%).
  • Valladolid (61.1%).
  • Granada (60.5%).
  • The cities of Pamplona and Segovia (both with 60.3%).

According to an analysis by Idealista, more than 50% of census housing is over 40 years old in other 16 provincial capitals.

In Spain as a whole, these are the Basque provinces of Vizcaya (66%) and Guipuzcoa (65.1%), as well as the Aragonese province of Teruel (62.4%), which join Barcelona (65.5%), where on average 6 out of every ten houses are 40 years old or more. On the other hand, the province of Almeria (68.3%) and the autonomous cities of Melilla (67%) and Toledo (61%) together with the provinces of Alicante (60.6%) and Malaga (60.2%) form the “youngest” markets in a country with more homes under 40.

Homes that are 40 years old and older can be included in the EU funds plan to expand and improve the housing stock. It is planned to invest 4 420 million euros in this direction.

The main goal is to improve the quality of buildings, especially in terms of their energy rating and energy consumption. 3.42 billion has been allocated for investment in a rehabilitation program for economic and social recovery in the residential environment.

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