170
170
  • Transaction / Assets
    2 plots of land (Sevilla)
  • Seller
  • Buyer
    Habitat Inmobiliaria
  • € MM

Habitat Buys 2 Plots of Land in Sevilla on which to Build 330 Homes

21 December 2018 – El Mundo

Habitat Inmobiliaria has announced the purchase of two plots of land, spanning almost 10,000 m2 in Sevilla, on which it is going to build more than 330 homes.

The property developer is going to invest more than €50 million in the development of the homes and the plot will have a buildable surface area of around 32,000 m2. The project is located fifteen minutes from the centre of the city and ten minutes from the airport, in the Sevilla Este neighbourhood, near to the Conference and Exhibition Centre. It is considered to be an area with high demand for housing and it is equipped with a full range of services.

With this new project, Habitat is now working on three developments in the Sevillan capital, which forms part of its strategic plan through which it plans to deliver more than 2,000 homes over the coming years. For this, the company’s roadmap is committed to an investment of around €120 million by the end of 2019 and of €500 million by the end of 2021.

Original story: El Mundo 

Translation: Carmel Drake