Property in Spain: Spanish properties are getting older
Property in Spain:
Spanish properties are getting older
More than half of all residential buildings in Spain were built more than 40 years ago.That’s 25.2 million buildings that were constructed in 1971 or earlier
These are the findings 
which found that the greatest proportion of old buildings in Spain were in the Basque Country (63,5 percent built more than 40 years ago), Catalonia (59,8 percent) and Aragón (56,2 percent).
The Spanish government has at its disposal almost €4.4 billion in funds from the Next Generation EU scheme with which to renovate many of these decaying residential structures, improve their energy efficiency and more. For private property owners, this includes an upcoming 60 percent tax deduction for certain renovation works.
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