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Construction slowdown clear in Alicante
By h.b. - May 2, 2008 - 8:16 AM
ALSO SEE : • Plan for new 50 floor hotel in La Vila Joiosa - Apr 16, 2008 - 8:28 AM

Archive Photo EFE
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Despite the economic slowdown, the beaches of the province have been packed with visitors.
Contrasting evidence of the economic slowdown from the Costa Blanca yesterday. The number of licences granted for the construction of new property in Alicante has fallen over the first quarter of the year by 80% when compared to a year ago.

The first three months of this year a mere 265 licences compared to 1,400 over the same period last year, with the numbers being released by the Councillor for Town Planning in Alicante City Hall, Sonia Castedo, who said that the request for new building licences was ‘practically halted’.

Meanwhile the beaches of the province, and in Benidorm in particular, were full of sunbathers and visitors, many of whom had battled long traffic queues to get out of Madrid for the May day bank holiday. Hotel occupancy levels are reported to be better than Easter in many places.


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ALSO SEE :
• Plan for new 50 floor hotel in La Vila Joiosa - Apr 16, 2008 - 8:28 AM
• Nine charged in new real estate scam in Chiclana - Apr 11, 2008 - 6:37 PM
• Alicante construction company applies for bankruptcy protection - Apr 9, 2008 - 8:12 AM
• More building planned at Alicante port - Apr 8, 2008 - 6:09 PM
• Report confirms the slowdown in the property market on the Costa del Sol - Mar 26, 2008 - 8:20 AM
• Thirteen municipalities in Málaga challege the new POT territorial plan - Mar 21, 2008 - 8:48 AM
• New United Nations report attacks the housing speculation seen in Spain - Feb 19, 2008 - 8:37 AM
• Alicante City Hall announces plans to collect more fines for building irregularities - Feb 12, 2008 - 8:46 AM
• In two years Málaga goes from first to last for the sale of tourist property in Spain - Feb 1, 2008 - 8:29 AM
• Deal for more new housing in Andalucía - Dec 15, 2007 - 11:49 AM