New Build Property for Sale in Villamartin

The number of new build homes in Spain rose by 0.3%

Between January and March 2017 the construction of 10,715 houses in Spain was completed.

Between January and March 2017 construction in Spain of 10,715 homes was completed, a rise of 0.3% compared to the same period of the previous year, according to data from the Ministry of Public Works.

In this way, the number of finished homes in Spain is positive at the beginning of 2017, after 2016 totaling nine consecutive years of falls. Since the peak of 2007 (641,419 homes), the figure has dropped 94% compared to the end of 2016.

Much more private residential construction.

Of the total finished floors in the first quarter of 2017, 98.5% (10,554) corresponded to private developers and 1.5% (161) to public administrations. With respect to 2016, the construction of floors of private developers rose by 1.2%, while in the case of administrations fell by 34.8% from 247 to 161.

Of the private initiative, 6,269 corresponded to commercial companies, with a year-on-year fall of 3.7%; 3,827 to individuals and communities of owners (3.3%), and 356 to cooperatives (more than double than a year ago). In addition, there are 102 end-of-work visas from another type of private developer.

ES Property for Sale in Spain helps you find new build property for sale in Villamartin.

In ES property For Sale in Spain we fully understand that purchasing a property in Spain can be both complex and stressful for you. That´s the reason why our team of estate agents are approachable, knowledgeable and importantly passionate about Spain.

We offer you a great selection of new build, resale and bargain properties for sale in Orihuela Costa (Alicante) and other points of the Costa Blanca and Costa Calida.

Contact us if you see something that catch your attention. We offer a tailored solution to your property search.