WITH an ever-growing population, property developers are constantly looking for ways to create enough new housing to meet supply.
And while house prices also continue to boom, a need to create more affordable property for the younger end of the market has led to a rise in the prefabricated home.
No longer the preserve of the 1950s, these properties are now a stylish, economical, and often ecologically-friendly alternative to traditional bricks and mortar.
Idealista.com agrees that prefabricated homes present an interesting opportunity for aspiring home owners to afford their dream property given the abundance of land for sale in Spain. According to the site: “One of the great advantages of buying a prefab is the price, which is usually significantly lower than traditional buildings and does not have the risk of cost overruns.”
Fernando Agudo, general manager of prefabricated building firm, Atlantida Homes, agrees but says the price of these properties very much depends on choice. He explained: “In a prefabricated house, just as in a traditional one, the most visible parts are the materials used and the finishes.What will set the price apart is the quality of the construction.”
Mr Agudoadded the pre-formed nature of some parts of the house mean the construction time is often lower, however, which in turn can decrease the cost to the buyer. He estimatesthe price of a basic and functional prefab home at around €1,000 euro per square metre, or €93 per square foot, meaning a two bedroom, two bathroom home could cost as little as around €30,000.
So if you are considering a new home, and like the idea of a property you can design from scratch on land you have chosen, why not consider a prefabricated home? Just make sure to always seek advice on planning and building regulations before buying a land and always ensure to follow any local laws.