The number of licenses issued for construction in Spain increased by almost 25%

Oct. 12, 2016

The number of licenses issued for construction in Spain increased by almost 25%

The latest data from the Ministry of development of Spain confirm the fact that the housing sector in the country is gradually recovering. In July 2016 were issued 39 497 construction permits. That's 37% more than in June, and at the same time it is the best result for the second summer months starting in 2011.

The total number of licenses for the construction of new housing, reconstruction and expansion of already commissioned facilities has risen by 24.6% yoy.

The number of documents for the construction of tenement houses has increased on 45,5% (29 362), and for detached houses the increase was 17% (10 129).

However, the figure for the pre-crisis period is still far away – in July 2007 in Spain was issued 448 991 permits.

Based on the materials of idealista.com

Photocredit Depositphotos.com