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Tag Archives: construction

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

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

New Housing in Malaga Exceeds Madrid

The Costa del Sol has the largest amount of new housing available in all the Mediterranean coastal areas, with 2,482 new properties. The Costa Blanca comes next with 2,110, according to data provided by ST-Valuation Society (ST) at the end of 2016. The amount of new property around the coast of Malaga surpasses that of Continue Reading

Ojén Development Gets Green Light

The small town of Ojén (population approximately 2,000) sits in the mountains behind Marbella. Despite its proximity to the coast it has remained relatively unspoilt, not attracting development in the way many local towns have. However, London-based investment fund Round Hill Capital plan to invest 250 million euros in the area over the next seven Continue Reading

New Property For Sale in Cancelada

New property is making a dramatic comeback on the Costa del Sol with new developments springing up along the coast. Marbella For Sale are pleased to present two of the best new developments in Marbella: The Residences, and The Villas. The properties are close to the village of Cancelada, () to the west of Marbella, Continue Reading

Construction Resurgence Continues

Construction in Spain continued its resurgence in May with 7,085 new building licences issued, the highest monthly figure so far this year. In April there were only 4,795 licences issued. May’s figure was 79.5% more than in the same month last year, and showed a significant jump from the previous month which recorded this year’s Continue Reading

Fewer Than 50,000 New Homes Built in 2015

Spain’s housing stock increased only slightly (0.19% year-on-year) in 2015 with fewer than 50,000 new homes being built, bringing the total number of households in Spain to 25.5 million. The number of new properties represents the lowest figure of the historical series, which began in 2001, and is 11 times less, or 91.2% less, than Continue Reading

Andalusia and Valencia Have Most New Property

As the recovery continues and Spain begins to see the return of construction, it appears that the majority of new build free housing is concentrated in a few regions. Free housing refers to properties that are not subject to any public protection system and can be transferred between parties without any restriction. Together, Andalusia and Continue Reading

Madrid, Andalusia and Catalonia Need More Property

Madrid, Andalusia and Catalonia are the autonomous communities of Spain with the highest demand for new property, according to a new report from the IESE. The report suggests that Spain needs to build an average of 100,000 homes per year until 2020 to meet the increased demand for property. From 2020 to 2025 the demand Continue Reading