PropHero launches the sale of Castellón Sur Residence, a complex of 68 new-build homes in Almassora (Castellón) — 64 two-bedroom apartments and 4 penthouses — starting at €138,000 including a parking space. It is the first new residential development in the town since 2007.
The article highlights a severe structural shortage of rental housing in Almassora: available stock fell 74% in two years, rents rose 63.6% over three years, and the average time to rent a property is just 5.4 weeks (vs. 22.4 weeks nationally). The root cause is the sustained housing demand driven by the town’s 14 industrial estates and its growing population.