84.9% of homes in Spain would need to be renovated to comply with the European Union's energy efficiency regulations that will come into force in 2033. This is the result of a study carried out by Masteos in collaboration with The Fringe Labs, which reminds us that this legislation requires all homes for sale or rent to have at least D energy certification.
The analysis details that currently only 5.5% of homes in Spain have an energy certificate considered optimal (A, B or C), while only 9.6% achieve certification D. This means that, under current conditions, only 15.1% of residential properties would meet the requirements for their commercialisation in the market from 2033 onwards.
Cadastre data indicate that there are approximately 68.5 million dwellings in Spain, of which around 58 million would require an intervention to improve their energy efficiency if their owners wish to sell or rent them once the new regulation comes into force.
Under current conditions, only 15.1% of residential properties in Spain would meet the requirements to be put on the market from 2033 onwards.
With regard to the age of buildings, more than 67.6% of dwellings are over 23 years old and more than 36.2% are over 43 years old. This suggests an urgent need for modernisation in a significant portion of the Spanish property market.
The distribution by autonomous community shows that the Basque Country leads the list of regions with the greatest need for refurbishment, with 93.7% of dwellings pending energy efficiency upgrading. It is followed by the Canary Islands, Catalonia and Cantabria, with percentages exceeding 87%.
In contrast, Andalusia is positioned as the region with the most modern housing stock, and Soria stands out for having the best energy rating for its dwellings, with 30% of them having an A, B, C or D certification.
Despite having a relatively new housing stock, Alicante is in seventh place in the ranking of worst energy certifications, with only 11.1% of its dwellings having an A to D certificate.
The percentage of homes that need improvements or refurbishments to be sold or rented is very high, but at the same time is very high, but at the same time, it is an opportunity to modernise and make our housing stock more sustainable, especially rental housing".
The deputy general manager of Masteos in Spain, Beatriz Toribio, emphasises the importance of the challenge of adapting to European regulations. "The percentage of homes that need improvements or renovations before they can be sold or rented is very high, but at the same time it is an opportunity to modernise and make our housing stock more sustainable, especially rental housing". Toribio stresses the importance of regional, state and European aid to achieve the objectives without compromising the supply of housing.
Finally, Toribio reminds homeowners of the need to be informed and aware of the climate neutrality imposed by the EU, stressing that "it will be less and less obvious to rent a home without quality and sustainability standards, not only because of the new regulations, but also because of an increasingly demanding demand in this regard".