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Here you will find news, views, events and information relating to real-estate in Spain.

Category Archives: Construction

New Housing Stock Decreasing

Unsold new stock is at pre-crisis levels

The number of unsold new housing stood at 476,938 units, at the end of 2017. This figure is not far from those seen before the bubble burst. In 2007, unsold stock amounted to 413,642. In 2016, the stock fell by 3%, and from the highs of 2009 (649,780 units), the stock has fallen by 26.6%, Continue Reading

Who is Looking For New Build Property?

29% of Spanish buyers opted for a new property

Over the last 12 months, 4% of Spaniards bought a home in Spain, and of these, 29% opted for a new build property, compared to 71% who bought a resale property. This is according to the report “Profile of a New Property Buyer 2017-2018”, published by fotocasa. The aim of the report was to gain Continue Reading

New Build Licences Increased in February

Over 8,000 new permits granted in February

The number of permits for new build property reached 8,305, in February, representing a 26.9% increase year-on-year. This is the third highest figure since the worst of the crisis hit new property in 2013, according to figures from Fomento. In the first two months of this year there have been 14,999 visas granted, 17.4% more Continue Reading

Marbella Sees Boost in Hotel Investment

The iconic hotel will reopen next year

The economic recovery that, according to multiple indicators, is being seen in Marbella is noticeable in the increase of hotel projects in the area. Marbella closed 2017 with a net increase of 924 new companies. In January, more than 28,000 tourists visited the town, an increase of 18.5% over the same month in the previous Continue Reading

New Housing Plan 2018-2021 Approved

Minister for Development, Íñigo de la Serna

The Spanish Government has approved the new Housing Plan 2018-2021, which includes aid for tenants and buyers. The effects will be retroactive from January 1st. According to the Minister of Public Works, Íñigo de la Serna, “it is a plan that tries to satisfy real needs and that is especially focused on young people, the Continue Reading

Spanish Property Market in Good Shape for 2018

Some cities suffer from lack of space for new builds

A report by pisos.com says the good performance of the Spanish property market has been clearly demonstrated by the statistics for 2017 and has continued to move in a positive direction throughout the year. Everything seems to indicate that prices, purchases, mortgages and new construction licences are in a state of stable growth and may Continue Reading

Construction Worth Millions Approved in Marbella

Numerous properties will be built in Nueva Andalucía

The number of building permits issued by the Marbella council has increased over recent months. At a meeting earlier this week, the council approved licences for the construction of various real estate projects in the town which amount to 17 million euros. 90% of that capital will be invested in Nueva Andalucía in the construction Continue Reading

Málaga To Create 1,000 New Homes

1,000 new homes will be built in Málaga

Malaga City Council has taken the first steps to creating a new urban development in the city. The project will create around 1,000 homes, most of which will be protected, although there will be free-rent properties included. The council has selected five projects which will now be put out to tender to developers. The project, Continue Reading

Marbella Approves Planning Licences for 7.4 million

Javier Porcuna

It is clear that construction has made a comeback along the Costa del Sol with many new developments springing up. The once familiar horizon filled with cranes is once again visible up and down the coast; great news for the economy and for consumers. In this regard, Marbella officials say they have experienced a surge Continue Reading

Puerto de la Bajadilla Expansion Will Proceed

http://www.marbella.es

Marbella’s Mayor, José Bernal, and the Minister of Development, Felipe López, visited the Puerto de la Bajadilla, in Marbella, over the weekend and made assurances that there will be “full cooperation” between the two administrations to ensure that the port expansion project becomes a reality. The visit follows the failed project involving Sheikh Al-Thani which Continue Reading