Barceló Real Estate
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New Build Property for Sale in Guardamar del Segura

The visas to build in Spain increased by 37.5% in the first 8 months of 2016 compared to the previous year

According to data published by the Spanish Ministry of Development, in the accumulated since January, new building permits have increased 35.7% over the same period of 2015, with 42,869 visas, the best data of the last five years.

The official statistics on the construction of new construction, which is collected from the data collected from the colleges of technical architects, confirms that housing construction is again in vogue in the real estate sector.

Far from the peaks of the real estate bubble: much better.

Despite this strong increase, new-work visas are still far from the highs recorded in 2006, when they reached 551,350 permits until August, 92.2% more than those registered in 2016.

The new developments, on the rise.

As for the type of housing to be built, the majority of visas that have been granted in this period has been to build flats. In many areas of Spain there have been redone terraces and cranes, especially on the Costa, whose demand is special since there is a large foreign population interested in this type of housing for holidays or retirement.

Check out our selection of new build property for sale in Guardamar del Segura

At Barceló Real Estate we have been working for more than 10 years to offer our clients the best properties in Costa Blanca and Costa Calida. Our firm is part of the Barceló Group, a company with more than 20 years of experience in the real estate sector.

We work tirelessly to offer the best selection of new build properties and second hand. Our desire is that through us you can find the ideal property in which to get the most out of the sun and the Mediterranean Sea. Get in touch with us today.