"Optimism is spreading in both refurbishment and new construction".
Construction levels in 2022 have surpassed those of 2019, surprisingly or not. The recovery after the pandemic has taken place, according to data from the Consejo Superior de Colegios de Arquitectos de España (CSCAE). Not only in the field of new construction, but also the number of homes approved for refurbishment is growing and growing.
The growth in new residential construction has been unevenly distributed, Community by Community. Thus, the Balearic Islands (50.3%) and the Canary Islands (50.1%) recorded the highest increases, followed by Catalonia (18.1%) and Andalusia (12.1%), also notably.
Optimism, therefore, is spreading in both refurbishment and new construction. And this, despite inflation and the situation of international uncertainty, starting with the energy scenario. An optimism that, in part, is based on the impulse of the European 'Next Generation' funds destined to help homeowners.
DEXTER finances 100% of the work for entrepreneurs with land purchased, paid for and free of charges. It also finances the purchase of assets that are subsequently refurbished or completed or upgraded in order to be marketed and sold. And this, in operations in excess of one million euros.
In this regard, Guillermo Díaz, the company's Commercial Director, points out that "We are detecting, to put it in colloquial terms, a hunger in the market on the part of developers. There is a desire to promote projects with alternative financing because of the business opportunity, at a time of certain banking paralysis. Likewise, the purchase of assets, financed up to 50% with private capital, is a trend that has taken hold, that has taken hold, and that we have no doubt will increase in 2023".concludes Díaz.