Albacete is the capital of the province by the same name. It is the economic headquarters of the autonomous community Castilla-La Mancha. With its 175,000 inhabitants, the city boasts five major commercial areas in the immediate outskirts for tens of thousands of employees. In addition, Airbus runs a manufacturing and maintenance plant for the Eurocopter and the capacity and staff will most likely be doubled over the next few years. A NATO air force base has stationed some 3,000 soldiers on the outskirts of the city.
A great deal more has been planned, such as major international high-tech companies and mega-players in international logistics. Last, but not least, the impressive project of a puerto seco (dry harbour) as a logistics platform, will be subsidized by the government of Castilla-La Mancha with an investment of EUR 50 million. In three years’ time more than 100,000 grain containers will travel by train from the railway station in Albacete to its destination in Valencia. Albacete’s railway station also accommodates the AVE high-speed train, making it is easy to reach destinations like Madrid in the time that it takes to play a game of football.
Peter Renk, Head of Residential and Country Manager Germany has written an article about the Spanish residential market. Read full article here.
Source picture Albacete: https://rare-gallery.com/thumbs/735901-Castilla-Albacete-Spain-Houses.jpg