Between January and September 2017

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

In the first nine months of 2017, 192 buildings were licensed, increasing by 3.2% over the corresponding period of the previous year. The number of completed buildings rose by 43.1% to a total of 186.

59.9% of the licenses of construction and demolition works were for new constructions (115), 86.1% of which were destined for family housing (99). The number of licensed dwellings (214) recorded a sharp increase (45.6%).

49.5% of the completed buildings were new constructions for family housing (92) which went up by 70.4% year-on-year. The number of completed dwellings stood at 140, increasing by 41.4% compared to the same period of the previous year.

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