In the 1st half of 2017

Number of building permits and completed buildings increased in the Autonomous Region of Madeira

In the 1st half of 2017, 136 buildings were licensed, increasing by 5.4% over the corresponding period of the previous year. The number of completed buildings rose by 30.3% to a total of 116.

61.8% of the licenses of construction and demolition works were for new constructions (84), 85.7% of which were destined for family housing (72). The number of licensed dwellings (155) recorded a sharp increase (26.0%).

47.4% of the completed buildings were new constructions for family housing (55) which went up by 20.8% year-on-year. The number of completed dwellings stood at 98, increasing by 14.0% compared to the same period of the previous year.

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