Construction climbs on the costa blanca
Der Hafen von Calpe, Costa Blanca Photo: Thomas Dolby
Alicante alone ended the year 2013 with 2,037 new dwellings, a staggering 362 per cent increase in housing construction compared to 2012.
Marc Pritchard, Sales and Marketing Manager for leading Spanish home builder
Taylor Wimpey España, operational in Alicante, comments: "It comes as no surprise that official data such as that from the College of Technical Architects and Surveyors of Alicante confirms that construction in the Costa Blanca region is showing pre-recession levels again. We have experienced this resurgence on the ground ourselves with four new developments on the Costa Blanca and more on the horizon as sales continue to rise."
The mini-boom in house building follows a report from the Department of Infrastructure Development for Statistics showing that Spain remains a firm favourite for foreigners to establish permanent residence or find their perfect holiday home. Of the 11,501 home sales in Q3 2013, 32.4 per cent were acquired by foreign residents in Spain.
Furthermore, the report reveals that foreigners staying in a property or homes of family visit the Costa Blanca area an average of 15.2 nights per year, with 83 per centw of arrivals travelling by air, which supports the strong increase in passenger numbers passing through the international airport of El Altet last year.
In terms of nationalities visiting the region, Norwegians arrivals increased by 31 per cent throughout 2013, Danish 56 per cent and Finnish 46 per cent. Also flocking to Spanish shores are Russian tourists, who increased in number by 54 per cent last year compared to 2012.
"There is clearly a high demand for second properties in the area as more and more visitor'sdescend," adds Pritchard. "Nearly 6 million foreigners visited the region last year attracted by the stunning beaches, delicious cuisine, warm Mediterranean climate and ease of access with ever increasing flight routes from budget airlines across Europe and the world."