The recovery of the Spanish economy, competitive mortgages and an investing appetite to put product in the rental market are the causes of growth in the real estate sector. The data for the end of 2016 and the first months of 2017 encourage us to be reasonably optimistic.
We architects are the first one to feel the crunch and the first ones to appreciate any improvements in the building industry. I am glad to say that this time we are appreciating an advance in the construction business.
After the implementation of the so called Omnibus Law in Spain, any company or individual can install a security camera system without having to comply with the requirements demanded by the Ministry of the Interior. Thus, many communities of neighbours may choose to install the CCTV cameras themselves. But the results are not always as expected.
The price of housing grew by 4.7% in 2016 and adds three consecutive years to the rise, according to data published Wednesday by INE. The most pronounced price increases were in the communities of Madrid (+ 8.6%), Catalonia (+ 7%) and the Balearic Islands (+ 6.2%). I believe that there is no bubble, but a price recovery after the 'brick bubble' punctured in 2007. The lack of new housing supply and the scarcity of land are the two major concerns in the sector in the face of future increases in...
In my previous article we looked at the different places where we could look for inspiration. We also recommended starting by defining your own personality or taste then proceeding by making coherent decisions regarding colour, layout and style of kitchen that we want to use etc.
The air quality of some cities is not good, but the quality within homes or offices can be even worse. Contaminants of all kinds can be present in indoor areas with various harmful effects. The increasing use of plastics, detergents, varnishes, and the use of more efficient external joinery which hermetically seal off the incoming of fresh air is causing cancer figures to rise each year.
Everyone connected to Spanish electric grid had a good scare when on the coldest days of the year, around the 11th of January the Spanish electricity wholesalers announced that the price of electricity has reached its highest value since December 2013. The price boom has intensified in the last hours of the afternoon, when the cost of the megawatt hour (mwh) exceeds 92 Euros, a very high quota if you take into account that just a year ago the same mwh was worth 60 Euros, 33% less.
Many clients do ask me about the cost of construction and being an architect it is a forthcoming question, nonetheless every now and again I do get ask for other costs associated to the actual purchase of a home, in which case I have done a little research and here are the results.