Spain construction sector swings back into action, what can the UK learn?
Spain construction sector
- Spain construction swings back into action
- Taylor Wimpey España shares experiences of lockdown easing
- Virtual viewings and social distancing here to stay
- Fully refundable deposits and furniture vouchers helping to kickstart sales
Spain and the UK have a number of striking similarities in terms of their COVID-19 journey, with the Iberian country leading the UK by a few weeks both in terms of implementing its lockdown and easing it.
This means that the UK has plenty to learn from the Spain construction sector. In that vein, leading Spanish home builder Taylor Wimpey España has been sharing its experiences of trying to establish a ‘new normal’ for property viewings and sales.
“The Spanish construction industry, and indeed its property market as a whole, ground to a halt when the country went into lockdown. Thankfully we were able to start building again on 20 April and will be reopening our show homes on 18 May, but that doesn’t mean that everything is back to normal. We have strict new safety guidelines in place across our construction sites and show home viewings will be by pre-booked appointment only. We will also continue to encourage potential buyers to visit our properties virtually, to get a feel for them from a distance.”
With the real estate sector accounting for 10.5% of Spain’s GDP (2019), kickstarting the market rapidly is essential to the country’s recovery from the economic impact of COVID-19. It’s a process in which each company has a role to play, according to the Taylor Wimpey España team.
“It’s time for companies to innovate like never before. We need to get the economy moving again as swiftly as possible. That’s why we’re introducing a range of new measures in order to support buyers to move forward with their second home ownership plans once more.”