The good news is that 9,290 houses were sold last year bringing 65 million Euros of revenue to regional and national government by way of taxes. The bad news is that only 500 new houses were sold.
Most of the sales were in Orihuela and Torrevieja. In fact these two, along with Guardamar, Pilar de la Horadada and Rojales, accounted for 81% of the sales with a further 510 houses selling in Ciudad Quesada.
It is in therefore in the coastal strip and tourist areas where the sales were generated presumably by people mopping up on low prices to obtain a holiday home.
So, whilst these figure are not encouraging for the construction industry, they do show an improvement over the situation of the last two years.