Highest level in construction since 2008
The recovery in Malaga province seems to continue in an upward trend. Figures issued by the Malaga “Colegio de Arquitectos’ (College of Architects) show it had approved 61% more residential properties than the previous year. This is the third consecutive year of growth which means that the sector is coming out of the economic crisis.
Read more in the Sur in English.
Do you know the local urban planning?
MDCI has noticed an increase in the field of development. However, a big issue international developers face is understanding the urban and local planning laws. Too often we have to advise our clients that they do not have the right or up-to-date licenses and that the planning schedule of their project is not realistic which will result in many delays to the project with consequences to the bottom line.
One of our clients needed help and confirmation with their process of validating planning. An external opinion and advice was needed regarding their estimated timeline for planning and licensing. With our confidential report, which contained credible next steps with realistic deadlines, they were able to make the right decision for their investment. We can provide a planning service independently from our other services helping the developer to understand what the opportunities and challenges of his investment will be. Contact us if you need any advice.