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ARC Homes Will Invest €50M To Build New Homes Over Next 3 Years
2 November 2017 – El Confidencial
The real estate firm ARC Homes plans to invest €50 million over the next two or three years in the construction of new homes in various municipalities in the district of Baix Llobregat, Barcelona.
The first development, comprising 47 homes, will be constructed in Los Jardines de Can Mercader, in Cornellà de Llobregat and will be completed by the end of 2019, according to a statement made by the company today.
The building work will begin during the first quarter of 2018, although the property sales already started on 15 September.
All of the homes will be completely “exterior” (overlooking the street/gardens) and will have large terraces with views of the Can Mercader green space. Prices will range between €260,000 and €450,000, with parking space and storeroom included.
Lane Auten, founder and manager of ARC Properties, the parent company behind the ERC Homes projects, explains that the firm “is in the process of searching for and buying land in towns located in the first and second belt of Barcelona”, in the municipalities of Baix Llobregat, El Vallès and El Garraf, as well as in Sabadell, Sant Cugat del Vallès and Sitges.
Original story: El Confidencial
Translation: Carmel Drake