Obtaining work licenses on time is one of the biggest problems in the Spanish real estate market. In addition, almost nothing changes in crisis or bonanza. This situation delays the start of the new construction works with the damages that this entails.
During 2018 the visas of new work in Spain reached the 100.000 requests, according to calculations of BBVA Research. The figure is double that registered three years ago and occurs in parallel with the increase of the annual 25% that has occurred in the granting of licenses.
However, the experts agree in affirming that it is a priority to streamline the procedures of these by the municipalities, given the negative effects that the delays in the beginning of the new construction projects can suppose, especially to the clients.
For Luis Corral, CEO of Contact UsIn addition to the expansion in the concession, the promoters are currently experiencing a series of problems in the implementation of their new construction projects. Among the most relevant, according to Corral, also stands out the lack of finalist land available to build, with extreme cases such as Madrid and Barcelona, where said shortage is affecting "the final price of homes".
Experts of the sector have analyzed the five keys on the situation of the licenses of new work in Spain in pisos.com. How delays affect, in addition to reviewing the situation of the real estate market.