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What is a turnkey project?
The construction sector has been evolving over time: new ways of building houses, innovative materials and, also, new formats of contracting or selling homes. You have probably already heard of the well-known turnkey projects. Also known as 'turnkey projects', they have become a very popular option...
The Rise in Construction Costs in Spain: Why Building Is Becoming Increasingly Expensive
The real estate market in Spain is facing an unprecedented structural challenge: a cumulative housing shortage that the Bank of Spain estimates at around 600,000 homes needed to meet existing demand, combined with little or slow growth in new residential supply. With the rate of household formation significantly outpacing the annual number of new building permits, the pressure on the sector to build more and faster has become unsustainable under traditional construction models. If you have requested a quote for a construction or renovation project in recent years, you have probably noticed that prices have risen considerably. Since 2019, construction costs have continued to increase, driven by this structural imbalance between supply and demand. In this article, personalHOME examines the key reasons behind these rising costs and explains how operational efficiency and advanced construction solutions are emerging as essential alternatives to make residential development in Spain economically viable. Why Are Construction Costs Rising...
How to Find and Evaluate Suitable Land for Housing Cooperatives
One of the biggest challenges a housing cooperative faces when launching a new project is finding the right plot of land. It must not only be affordable and comply with current urban planning regulations, but also fit the cooperative housing model and appeal to future cooperative members. At personalHOME, we explain how we search for, select, and evaluate land to develop future housing cooperative projects. 1. Before You Start Looking: Define the Cooperative’s Needs Before beginning the search for land, the cooperative should establish its key requirements: the expected number of homes, the type of development, the available budget, the preferred location, and its sustainability goals. Having a document that outlines these requirements will streamline the search process and help eliminate unsuitable options from the outset. 2. Where to Search for Land Public auctions and public land: Publicly owned land can...
Financing options for building your own home: a complete guide
Building your own home is a major project that requires proper financial planning. Unlike buying...
Build or buy a finished home? Tips for making the best decision
Every year, thousands of families face the same decision: buy a plot of land or...
Real cost breakdown for building your single-family home
When someone tells you that "building costs around €1,400/m² on average," that figure is incomplete....
Essential insurance in construction: before, during and after
Building or renovating a property is a significant investment that also involves risks: accidents, damage...
Urban Planning Regulations: What You Need to Know BEFORE Buying Land.
Buying land without knowing its urban classification is like signing a contract without reading it....
Construction Licenses and Permits: Complete Process
Starting construction without the necessary permits can lead to the suspension of the project, significant...
The 7 Most Common Mistakes in Planning the Construction of a Single-Family Home.
Building the house of your dreams is one of the most important and costly projects...
