Construction industry could be on the up in Alicante Province

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BUILDING BOOM: Construction of houses is being kickstarted in the province.

THE construction industry could be on the up as a report by the Provincial College of Architects of Alicante found that during the first quarter of the year permit applications to build homes have increased.

Applications were made to build on 279,019 square metres (around 1,850 homes) in the province, a figure that far surpassed 2012, the worst year of the economic crisis, and marked an increase of 50 per cent compared to data for the first quarter of 2015.

Architects estimate that by the end of the year applications for around 7,400 homes will be made, closer to the ideal figure of 15,000 housing projects per year in the province, but still far off the peaks of 46,000 licence approvals that were made in 2006, at the height of the building boom.

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Antonio Macia, president of the College of Architects, welcomed the data, but warned that “if we forget what happened we will be creating a new problem for the future. Right now we are on the right track, not only in housing for foreigners, but there is demand for first homes throughout the province, especially in the areas of Torrevieja and along the coast of Marina Alta.”

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