19 July 2019 – Richard D. K. Turner
The Benidorm City Council has approved the modified project for the Intempo high-rise. Its new owner, the Strategic Value Partners (SVP Global) fund, can now finish the development and put the flats up for sale.
While the building’s structure is complete, the common areas and individual flats still require work, especially has construction on the project halted in 2013. The developer forecasts that work on the development will wrap up in 18 months. The building will have 256 luxury flats, with prices running from 250,000 euros up to one million.
Original Story: Alicante Plaza – Alba Mercader
Photo: Rafa Molina