PROPERTY SEARCH
New private urbanisation with 300 properties given planning permission behind IKEA in Murcia
A new residential development in Cabezo de Torres marks the latest expansion in Murcia’s growing housing market
The City Council of Murcia has given the green light to a major new housing project in Cabezo de Torres, located just behind the IKEA and Centro Comercial Thader shopping centre in the north of the regional capital, with the initial approval of a privately managed urbanisation featuring nearly 300 new homes.
The new development will cover a total area of 47,454.68 square metres. Of this, 28,472m² are buildable, allowing for the construction of homes across buildings of three to four storeys. The remainder of the space will include green areas, gardens, new streets and access roads.
This marks a fresh boost for housing construction in the municipality. Councillor for Urban Planning, Huerta and the Environment, Antonio Navarro, welcomed the move, highlighting it as “another step towards the municipality expanding its housing offer”. He also noted that this approval is a key milestone ahead of the final authorisation required for the execution of development works.
Navarro emphasised that the project aligns with the goals of the municipal strategic programme ‘Murcia Crece’ (‘Murcia Grows’), which aims to support sustainable growth and respond to increasing demand for housing in the municipality.
“This new private residential development reflects the dynamism of Murcia, demonstrates its balanced growth and consolidates it as an ideal place to live,” he said.
This latest initiative complements a broader trend of renewed activity in property development across the municipality of Murcia. Several resort-style developments have recently been granted building licences, including for more new builds at El Valle Golf Resort, the Altaona urbanisation (formerly Mosa Trajectum), the Sierra Golf resort in Finca Escobar (within Jerónimo y Avileses) and Corvera Golf Resort – the closest to Murcia’s International Airport.
There are also brand-new urbanisations growing across other parts of the wider Region of Murcia, including the luxury Santa Rosalía Lake & Life Resort, as well as renewed interest in building new homes at established urbanisations such as Condado de Alhama and Hacienda del Álamo.
Together, all these projects reflect a growing momentum in both residential and tourism-driven construction across Murcia, mainly aimed at the high-end sector. Whether the increased stock of housing will help to bring down housing prices for ordinary people looking to purchase property or whether this is the start of a new inflationary period such as Murcia witnessed pre-2008... only time and the market will tell.
Image: Google Maps
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