Specifically, the development is located on Isla Zorrozaurre, the most important area of urban development and urban renewal in Bilbao in recent years.
The promoter Urbas continues to drive the market Houses for rent. After selling a project of more than 300 homes on the island of Zorrotzaurre to the management company M&G three months ago, it has now announced the sale to Q-Living of a project in Bilbao for 24 million euros. 143 homes official protection of the general regime.
The development, which is also located on the island of Zorrozaurre, the main area of urban development in the capital of Biscay in recent years, consists of 143 homes distributed in two towers of nine and ten floors, 185 parking spaces, 143 storage rooms, bicycle sheds, green and landscape facilities and three business premises. The complex will offer one, two and three bedroom homes ready for rental in 2026.
The prediction is that the action will be labeled A for energy efficiency. The company, specialized in global and diversified sectors such as efficient housing, water and renewable energy, will promote and build this project, focused on social and affordable rentals, which will be handed over to Q-Living on a turnkey basis.
The total income for the listed company from the project amounts to more than 30.5 million euros after adding a subsidy from the Basque Government of 6.5 million euros to promote affordable rental housing, the application for which has already been formalized by Urbas.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
