Orihuela land auction brings bonus to residents

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LAND AUCTION BRINGS BONUS TO RESIDENTS
FOR EVERYONE: Councillor Rafael Almargo pledges major reinvestment Photo credit: Ayuntamiento de Orihuela

ORIHUELA council has announced that they will receive more than previously expected for selling off plots of municipal land for a number of private construction projects. 

Councillor Rafael Almargo said that €14,500,000 will go into the council’s coffers from selling the land which was €2,606,000 more than the original starting price at a recent land auction.   A similar event held back in 2013 raised half this amount and, as Almargo said, shows a significant and encouraging recovery in the local construction industry.  “All the money we receive for this land will be reinvested to benefit out residents,” he said.  He was quick to emphasise that the council has pledged to divide the income from the sale between ALL the residents in the city, the Orihuela Costa and the outlying villages within their control, and invest in financially sustainable projects.

The long list includes a programme of work to repair roads and gardens and constructing a culture centre especially for the Orihuela Costa.  Old areas of the city will also be restored and a network of new cycle lanes will be created.

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