14 companies bidding for homes in Altea

Altea town Credit: Tim Ove, Flickr

14 companies are bidding for buildings in Altea, intending to rehabilitate properties with great potential.

Altea City Council presented the 24 buildings to tender divided into 13 lots, subsidized by the EU´s Next Generation Funds.

Within the wider plan of rehabilitating 346 homes and renovating two streets, the Urban Planning Councilor, Jose Orozco stated that the aim is to make the properties “more sustainable“, “benefiting practically 1,000 people.”

So far, each of the 13 lots offered obtained bids. The budget for each of the lots ranges from €21,000 to €55,000, taxes included. 

These are located at Avenida Rei Jaume I, Zubeldía, Metge Adolfo Quiles, Camp Preciós, Bon Repós, Conde de Altea, Garganes and Gabriel Miró. The contracting table is currently reviewing the bids from the 14 companies.

Once obtaining the contracts for technical assistance in project drafting, construction management and health and safety coordination, the companies will have 12 months to execute their developments.

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Written by

Anna Akopyan

Originally from Moscow, with Russian and Armenian origins, Anna has lived in Costa Blanca for over ten years. She is passionate about singing, acting and traveling.