10 Sep 2008

Contract for construction of new motorway Puerto Rico-Mogán signed!

Published in News

The Transport Counsellor in Gran Canaria, Juan Ramón Hernández, has just signed the contract for the construction of the new motorway Puerto Rico-Mogán. The amount of the contract is 111,7 million Euros and the construction time will be 4 years. The works will start as soon as the land is made ready for construction. The stretch will be ONLY 6,3 km. long and will have 2 dual-carriageways. This means you will be able to reach Puerto de Mogán from Arguineguín safely and in NO MORE THAN 10 minutes! No doubt that this, together with the currently attractive property prices in Gran Canaria (as in other places in Spain, many developers and also private sellers are struggling with their bank loans and have therefore reduced their prices significantly) promises a very interesting middle-term value increase for property investments in such an exclusive and charming place as Puerto de Mogán! Source: www.maspalomasahora.com