€21 Million from Orihuela Costa Land Sales —But Will it Really be Spent on the Coast?

Source Summary

Seven companies have submitted bids for three municipally owned plots in Orihuela Costa, giving the City Council renewed confidence that the auction will raise at least €21.6 million. The level of interest is considered encouraging, particularly after warnings from within the property sector that the high starting prices could deter developers. Greater competition may also [...] The post €21 Million from Orihuela Costa Land Sales —But Will it Really be Spent on the Coast? appeared first on The Leader - The No. 1 Spanish Newspaper - Spain News, Sport, Spanish Property for Sale, Business Directory, Classifieds, and Advertising .