owen2024
Do³±czy³: 25 Lut 2024
Posty: 1
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 Wys³any: Nie Lut 25, 2024 07:56 Temat postu: Ibiza and affordable housing, an oxymoron that becomes chron |
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In 2023, the island of Ibiza has produced the best interannual employment data in all of Spain. It practically borders on full employment in the summer season and enjoys great health in terms of employment data all year round, however, the majority of workers have the worst quality of life in the country. It may sound paradigmatic, but it is the harsh reality faced by local and foreign workers in the largest of the Pitiusas. Where does the problem lie? As explained by Pablo Romaní, Director of Strategic Consulting and Business Development at Savills Barcelona, in housing, especially in accessible housing for low and medium incomes. The expert analyzes a series of data from the island of Ibiza before starting to speak.
Average income per household: 39,306 euros Average area of new construction permits: 320 m2 The two most expensive municipalities in Spain are in Ibiza Four of the 6 most Lebanon WhatsApp Number List expensive municipalities in Spain are in Ibiza Average price above 6,000 euros/m2 Year-on-year increases in housing prices of up to 34% (Sant Antoni de Portmany 2022-2023). “With this data, you don't need to be an expert to see that something doesn't add up,” says the expert, who continues giving more examples. Average new construction area: 320 m2 €/sqm unit: 6,000 euros Average price: 1,920,000 euros Average income per household: 39,306 euros With an average income per household that does not reach 40,000 euros, it would be necessary to allocate this full income (100%) for almost 50 years to buy the standard home that is being built in Ibiza.
Access to a small house with a garden is inaccessible and the option would be a somewhat more modest apartment. But every year the construction of multi-family housing is decreasing to the detriment of single-family housing, last year the construction of apartments fell by almost 10% while the construction of luxury villas rose by over 11%. ( COAIB data ). If we focus on an officially protected apartment (VPO), only 17 new VPO homes between Ibiza and Formentera in 2023 according to data from the Official College of Architects of the Balearic Islands . One VPO home almost for every 10,000 inhabitants. The dream of owning a house in Ibiza is blurred for most, and the search for a rental apartment is impossible. There are no apartments available for rent in Ibiza all year round at affordable prices.
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