Rehabilitation in Spain: a Business Vision. Could Rehabilitation Represent an Opportunity for the Spanish Economy?

Authors

  • Valentín Alfaya Arias

Keywords:

Urban rehabilitation, construction sector, Act 8/2013

Abstract

Over 1.6 million direct jobs have been lost in the Spanish construction sector since the
financial crisis began, with the impact being felt particularly in the building of new properties.
Current trends suggest no short-term recovery in this area, at least under the current business
model. In this article the author explores an alternative for the future of the building sector in Spain;
a new sector focusing on improving habitability and the energy performance of the existing housing
stock, capable of complementing the traditional model based on extensive urban development and
the building of new homes. To develop this proposal, the article reviews the current situation in the
sector, shows how the current model is not sustainable, and outlines the form that a new building
sector could take and the obstacles that must be overcome. Finally, the author proposes a number
of solutions to get this sector moving again in Spain, based on three approaches: financing, owner
involvement, and the new legal and institutional framework established by the Urban Rehabilitation,
Regeneration and Renewal Act 2013 (8/2013).

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Published

2014-03-20

How to Cite

Alfaya Arias, V. (2014). Rehabilitation in Spain: a Business Vision. Could Rehabilitation Represent an Opportunity for the Spanish Economy?. Ciudad Y Territorio Estudios Territoriales, 46(179), 99–107. Retrieved from https://recyt.fecyt.es/index.php/CyTET/article/view/76292

Issue

Vol. XLVI, núm. 179 (2014). Por la rehabilitación, la regeneración y la renovación urbanas

Section

Articles

License

Copyright (c) 2014 Valentín Alfaya Arias

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