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Habitat Debuts in A Coruña with a €19M Investment in a 96-Home Development

16 January 2019 – Eje Prime

Habitat has arrived in Galicia. The property developer is making its debut in the region with a development comprising 96 homes in A Coruña and an investment of €19 million, according to reports made by the company to EjePrime.

The company has acquired a plot of land with a buildable surface area of 10,500 m2, on which it is going to build a seventeen-storey tower. The marketing of the homes, located on Calle Aurelio Aguirre Galarraga, in the San Vicente de Elviña neighbourhood, will start during the first quarter of this year.

“With the start of this new project in A Coruña, Habitat has launched itself in Galicia, an area with a high degree of urban development and which has enormous potential for growth over the coming years”, as highlighted by José Carlos Saz, the CEO of the company.

This latest acquisition forms part of Habitat’s business strategy, which will involve an investment of €500 million by 2021. The company’s plans involve constructing new developments with the objective of delivering more than 2,000 homes per year from 2021.

Original story: Eje Prime 

Translation: Carmel Drake