More than 47´000 homes built here in past five years

A total of 47'054 homes were built on Majorca between the years of 2000 and 2005, and 32 percent of them were in Palma, according to a report produced by the Majorcan College of Master Builders and Technical Architects. This statistical review shows that during this period of time the amount of residential building varied between a maximum of 8'875 homes built in 2001 and a minimum of 6'270 built last year. According to the College, building activity in Palma lost its impetus during this period, while it grew in towns such as Manacor, Inca, Llucmajor, Marratxi, Calvia, Andratx and Capdepera. The College puts the growth in residential building outside of Palma down to the restrictions laid down by the Council of Majorca's moratorium during this period, although they also said that the main reasons were the lack of space in Palma and the high prices. The breakdown of residential building on Majorca by towns (in this case from 1999 to 2005) highlights that the city of Palma led the urban growth with 16'593 homes, followed by Llucmajor with 4'163, Calvia with 4'119, Marratxi with 3'805, and Manacor with 2'441. The total number of homes built on Majorca during this period (1999 to 2005) was 53'378.
As for the existing and future situation for building on Majorca, the President of the College, Jaime Gilbert Salamanca, forecast that residential construction would stabilise in the amount of 8'000 homes per year. He highlighted that the number of homes planned and finished is drawing level. According to the Majorcan College of Master Builders and Technical Architects, the town which had the least growth during the period 1999 to 2005 was Estellencs, where just 14 homes were built. This was followed by Escorca with 16 homes, Lloret with 20, Ariany with 23, Banyalbufar with 32, Costitx with 36 and Mancor de la Vall where 38 new homes were built.