14 Jun, 2015 @ 14:00
1 min read

Spain’s new-builds back in business


craneNEW-BUILDS are back in business all over Spain, as construction cranes return to the skyline after a long leave of absence.  

The number of licence applications grew by a quarter in the first four months of the year, with over 10,000 permits dished out by the Ministry of Development.

In total, new-build licence applications have been on the rise for nine months, the longest sustained increase since 2006.

Rob Horgan

DO YOU HAVE NEWS FOR US at Spain’s most popular English newspaper - the Olive Press? Contact us now via email: [email protected] or call 951 273 575. To contact the newsdesk out of regular office hours please call +34 665 798 618.


  1. Instead of starting new builds why not finish those that have been sitting derelict for the past 5-7 years. The banks would love to sell and make some money out of these stagnant assets.

  2. Ironically, new builds are perhaps more risky than re-sales. There are a whole glut of new-build properties on the market with retrospective legal issues. It might be a buyers market, but be sure not to buy a turkey instead of a turnkey.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Marbella e
Previous Story

Marbella set to boom again this summer

spain out of fifa world cup
Next Story

FIFA’s foul play

Latest from Property

Go toTop

More From The Olive Press