Which are the Seville neighbourhoods with the highest number of homes under development and new construction, and which are the areas with the greatest urban expansion? is it still an interesting market for developers? Activuma leading real estate consultancy, has developed an analysis in which it provides answers to all these questions.
In order to carry out such a study, Activum has analysed the data for the city of Seville and its outlying areas of the Metropolitan Area and Aljarafe, as these are the areas where most urban development activity takes place.
Seville and its outskirts offer more than 6,000 homes in more than 100 new developments.
At present, 63 developers are present in these areas, building a total of 117 new developments, both multi-family and single-family homes.
Of the 63 operating in the areas surveyed, the majority of the supply of housing under development is shared between only 15 developers with a portfolio of more than 5,000 homes.
The largest market share is shared by Habitat with 14,58% of the new housing supply, Vía Célere (13,70%), Grupo Insur (9,10%), Anida (8,63%) and Aelca (8,44%).
Seville capital is the sector with the largest supply of housing under development
As of today, in More than 2,800 dwellings are being developed in Seville city.of which 96% are multi-family dwellings and only 4% are single-family dwellings. Meanwhile, if we refer to the peripheral areas such as Aljarafe and the metropolitan area, the percentage of single-family dwellings rises to 25.41% and 27.20%, respectively. This is to be expected due to the limitation of developable land that most cities in Spain are experiencing.
In the top 3 of the developers with the highest market share in the city of Seville we find ourselves at Grupo Insur, with 18.37%, followed by Vía Célere and Aelca with 13.91% and 11.34% respectively.
With more than 1,000 homes, Sevilla Este is positioned as the leading neighbourhood for off-plan sales.representing 36% of the total number of newly built dwellings. in Sevilla city. This neighbourhood, located in the easternmost part of the city, is the one with the highest population density, especially young couples between 30 and 45 years of age. It is a neighbourhood that is in continuous development and has all the necessary services; schools, health centres, shops, green areas, and it also has excellent connections with direct bus lines to the centre.
In next place is Cerro Amate, with 12.10 %. The rest of the housing supply is divided between Nervión (9.94%), Pino Montano (8.30%), Centro (7.45%), Santa Justa (6.74%), Bellavista (6,39), Las Palmeras - Los Bermejales (5.32%), Prado de San Sebastián (3.55%), Triana (2.34%), Macarena (1.63%) and Los Remedios (0.17%).
Taking into account the average prices of all new developments under development in the capital city of Seville, the most expensive neighbourhood in which to buy a 3-bedroom property is in central Sevillewhere it will pay around 477,785 for 119 m². Whereas the cheapest neighbourhood is Cerro Amatewhere a house with the same characteristics has a cost of 154,770 for 105 m². As a result, we find a variation of more than €300,000 depending on the neighbourhood where the property is purchased.
Seville, one of the Spanish cities in continuous growth.
The metropolitan area of Seville is one of the most anthropised areas in the whole of the Autonomous Community of Andalusia. It can be divided into three areas, distinguished as bands to the north and south: the Aljarafe, the city of Seville itself and the Alcores area to the east.
The metropolitan area of Seville concentrates a powerful and developed service sector and more than a quarter of the industrial employment in the Autonomous Community, giving rise to a space of more than 1.2 million inhabitants, making it the fourth largest metropolitan area in the country.
Since 2011, there has been a phenomenon of population displacement to neighbouring municipalities in search of new affordable housing.
Municipalities such as San Juan de Aznalfarache or Mairena del Aljarafe and the municipality of Dos Hermanas have grown significantly in recent years, absorbing the existing demand that the city of Seville has not been able to meet.
Source: Data from the Ministry of Public Works. Own elaboration: Activum.co.uk.
Aljarafe, a market in which more than 30 developers operate with more than 1,8000 homes under development.
The property market in the Aljarafe area, which includes towns such as Mairena de Aljarafe, San Juan de Aznalfarache, Bormujos, Camas, Gelves, Tomares and Bollullos de la Mitación, is constantly growing thanks to its proximity to the capital and good access to it.
There are more than 30 developers operating in this area, but those that share the majority of the new-build market are Habitat with 15.91% of the dwellings, Vía Célere, (8.75%), Neinor Homes, (7.68%,) and Aedas Homes and Gedais, with 7.52% and 5.52% respectively.
Of the 43 developments under development, with more than 1,800 homes, 74.58% are multi-family dwellings compared to 25.42% single-family dwellings.
For to buy a 3-bedroom detached house you will have to pay around 194,500 euros for 127m², compared to 140,700 euros and 112m² for a multi-family house.
Metropolitan area, lower distribution among real estate actors and higher number of dwellings
Para el estudio de esta zona, la consultora ha analizado las promociones ubicadas en los siguientes municipios de la corona metropolitana de Sevilla: Dos Hermanas, Alcalá de Guadaira y Montequinto. Destacando el sector Entrenúcleos, ubicado en la localidad de Dos Hermanas, el cual ha crecido de forma relevante durante los últimos años.
En la actualidad, son 12 las promotoras que están realizando trabajos en la zona, levantando más de 2.000 viviendas. En esta zona periférica nos encontramos que el mercado está mucho menos repartido que en Aljarafe, ya que la oferta se reparte en tan solo 12 promotoras.
Para el análisis realizado por Activum, se han seleccionado las 6 principales promotoras con mayor presencia en el Área Metropolitana. La mayor cuota de mercado se reparte entre Grupo Insur y Anida BBVA con el 21,24% de la oferta de viviendas nuevas, Bekinsa (16,69%), Habitat (12,80%), Metrovacesa, Vía Célere (11,65% y 11,22% respectivamente) y Aelca (8,92%).
Teniendo en cuenta las 24 promociones que se están desarrollando actualmente, 13 son proyectos plurifamiliares, es decir, un 72,80% de la oferta, mientras que el 27,20% son viviendas unifamiliares, lo que supone un total de 11 promociones.
Respecto al precio medio de una vivienda de 3 dormitorios, se sitúa en 153.500 € por 112 m² para una vivienda plurifamiliar, mientras que para una unifamiliar de 130m² el precio medio asciende a 213.200€.
