20 July 2015 – Expansión
The property developer Bonavista Developments and the British investment fund Europa Capital will invest around €20 million in the construction of 12 luxury homes on the beach front in Gavà (Baix Llobregat).
The two companies have acquired a plot measuring 11,500 m2 on the beach front, where they will build individual and semi-detached homes aimed at buyers with high purchasing power.
Homes in the development will come onto the market in December and will be designed by the architectural firm GCA, which is responsible for buildings such as the Hotel AC Diagonal Mar and the Gran Marina del World Trade Centre, both in the Catalan capital.
The houses will each have a surface area of between 300 m2 and 500 m2, with a private swimming pool and underground parking, as well as a communal garden area measuring 3,500 m2.
According to the Catalan property developer, Gavà Mar has become one of the most desirable areas for high-end international clients looking for a home next to the sea and a fast connection to the city of Barcelona.
With this development, Bonavista Developments expands its commitment to luxury real estate investment in Barcelona, following its acquisition of Casa Burés, a modernist building located in the Eixample district of Barcelona that the Generalitat sold a few months ago, and the development of a building on Calle Caspe, 33B.
Original story: Expansión
Translation: Carmel Drake