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The secrets behind the rise of new housing on the coast of Alicante

It is a known fact. After the bubble burst in the housing market and subsequent crisis, that new construction in the province of Alicante is recovering pace slowly. In this article we explain why.

2015 has left us with significant numbers of housing recovery, since, according to the report of the College of Technical Architects at the end of the year, developers have begun construction of 4,000 new homes in the province of Alicante. This figure, even looking back from those recorded before the crisis, it is, the highest recorded since 2009.

Prices however have not registered large increases, so it is still an excellent time to buy, especially new construction properties. If you're looking for this type of property on the Costa Blanca and Costa Calida please take a look at our online catalogue of properties.

In this article we mention the most noteworthy aspects of this new wave of urban developments on the Costa Blanca.

Higher quality in the buildings.

It should be noted that these new promotions that are being built now have little or nothing to do with those that rose at the height of the building boom. The collapse of land prices and the fact that they were no longer selling all their properties, have led developers to build housing with care and caring qualities.

The lower the price of the land, the larger the construction.

The key to this change has been the lesser impact it now has for the cost of the land on the final price of construction. A cost at the time of the boom, could easily be up € 60,000 per home, but since then, after the deep devaluation of the land, it currently stands at around 20,000 €. It is this difference that allows us to offer more for your money as the end buyer, and this is another factor that has contributed equally to reviving sales.

So with this with respect to the constructions dimensions, housing an average of 100 m² built when pre-crisis studies looked 23 m² and most of the floors were between 60 and 70 m², since then prices were prohibitive. Regarding the quality, now takes into account parameters such as energy efficiency, finishes, home automation and accessibility that ultimately give rise to more comfortable homes.

Sector stabilization phase.

It is also important that the fact that the industry is now following a turbulent period of the last year, over a period of stabilization rather than recovery, in that the number of houses built will reach what were sold in 2004 or 2005.

GOLF SUN, specialists in the sale of new build properties.

If you are looking for newly built homes in the Costa Blanca and Costa Calida, you're in the right place. Golf Sun Spanish Properties works with the best developers to offer the best houses, apartments, townhouses and bungalows in the region. Contact us today, tell us what you're looking for and we can get to work to find housing that fits your needs.

Call us on 0034 965 322 863 or email us

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