Reply To: Long term, things don’t look too bad

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@katy wrote:

New developments are still taking place. Saw a large one taking shape yesterday in Calahonda, bulldozers just started!

Looks like things are slowing down around Alicante. The number of licences granted for the construction of new property there has fallen over the first quarter of the year by 80% when compared to a year ago.
Expect there are a lot of already-granted licences around though.

http://www.typicallyspanish.com/news/publish/article_16331.shtml