According to the Andimac study, the aid for housing reforms would revalue the rent and there would be a take-off in the construction sector oriented towards reforms. Previously, at Inmonews.es we talked about the new State Housing Rehabilitation Plan that was finally approved in March. Well, according to a study by Andimac, 1.6 ...

The aid in reforms of houses would revalue the rent

According to the Andimac study, aid for housing reforms would revalue the rent and there would be a take-off in the construction sector oriented towards reforms.

Previously, in Inmonews.es we talked about the new State Plan for Housing Rehabilitation that finally was approved in March .

Well well, according to a study by Andimac, 1.6 million homes could be reformed this year (6% of the total park) thanks to the help for the works inside the buildings and is calculated the average cost of housing in 710 euros. And what are these figures translated into? Well, in that the association calculates that a renovated apartment can get up to 30% more rental income .

That is, aid reforms can greatly promote the market of rent, even more than the sale market. A market that is still booming because of the tourist interest and of the young people for the lease.

To all this we must add that the housing stock in Spain ages 3% each year and that 80% of the total of housing is more than 18 years old, that is why it is necessary to resort to rehabilitation.

This new context will also contribute to the take-off of the construction sector oriented towards housing reforms , but the economic value of construction materials will be increased by 9% (some 22,350 million euros).

Can the deduction be recovered for housing rehabilitation?

Andimac points out that it would be necessary to recover the deduction for rehabilitation in the rent in the state and economic section, which would favor 200,000 homes.

If the autonomies resort to aid of the new State Housing Plan, households could have access to funds that would benefit more of half of the homes in our country.

How much is spent by autonomous community?

The data collected by Andimac show that the households of the regions that would spend an average more on reforms would be found in the Balearic Islands, Madrid and Extremadura. The least: Cantabria and Asturias.

Reforms: Revaluation of a home

Real estate is losing value as time passes, which is a great inconvenience for the owner who wants to sell the house. However, there is the possibility of making reforms so that the property is revalued. And if, with these arrangements, insulation and energy efficiency are improved, the investment ......

Indications and presumptions: The c...

This time we will comment on a ruling that rejects the demand of a real estate agent against the owner who sold a property to a final buyer who had not been presented to the owner by the agency, but who turned out to be the boyfriend of the person who went to the real estate to know and talk about the property. ......

Madrid creates the Registry of Real...

Registration will be voluntary and professionals must prove their professional training. On February 13, a communiqué was published confirming that the Government Council has approved the decree creating the Real Estate Registry of the Community of Madrid. The main purpose of this registry is to defend and protect the rights ......

FADEI supports the Andalusian Real...

FADEI (The Federation of Real Estate Companies) proposes the extension of the CACI (Andalusian Code of Real Estate Quality) to all the autonomous communities. The president of the Federation, Montserrat Junyent, has declared that "the CACI is a pioneering initiative in our country that benefits the sector. Therefore, our will is to extend this model to the rest of ......