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Friday, December 30, 2005

Valencia Life 30.12.05
URBANIZATIONS: UP IN THE AIR?
Whilst Benissa yesterday published in the Official Bulletin of Alicante Province the latest project for the coastal area of the municipality, many other building companies were raising the voice of alarm. It now is no secret that there clearly will not be enough water to go around to support the many thousand of homes that they hope to build in the ValencianCommunity. Accordingly it would appear that at least some of the new projects are being revised to include a desalination plant, whilst pressure is also being applied on the builders by the various town halls that are keen to increase their revenues from local taxes. A case in point is Alicante, where it would appear that the Town Hall is keen to maintain its annual growth rate of 50,000 homes a year.

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