TM Grupo Inmobiliario to Invest €307M in a New Project in Murcia

25 February 2019 – Alimarket

TM Grupo Inmobiliaria has just added a new project to its portfolio in Murcia, which is going to be located in Águilas and which will be constructed over the next ten years.

In this way, last Thursday 21 February, the firm presented the urban plan know as the Partial Plan SUNP-II Costa Playa de la Cola alongside the Town Hall of Águilas. The project will involve an investment of €307 million, as well as the creation of 5,133 jobs over the ten years that its execution is expected to take place. Present at the event were Mari Carmen Moreno, mayor of Águilas (pictured above, second from left); Tomás Consentino, councillor for Town Planning (pictured above, second from right); Cristóbal Ruiz, Director of Development at TM Grupo Inmobiliario (pictured above, far left); and Agustín Rodríguez, architect of the project (pictured above, far right).

The Partial Plan SUNP-II Costa Playa de la Cola in numbers

Specifically, the future development, which will be similar to Mar de Pulpí in San Juan de los Terreros (Almería) forecasts the construction of 2,313 tourist homes in total, and also reserves one plot for hotel use. Moreover, and with the aim of becoming an example of sustainable development, the project will dedicate 270,000 m2 to a public natural park, which will include more than 7km of scenic routes along natural paths with lookouts and picnic areas. It will also have 130,000 m2 of public parks and gardens (…).

Grupo TM Inmobiliario, which has set itself the objective of handing over 4,000 homes between 2018 and 2020, is also present in the hotel segment (…) and recorded sales of €222.53 million in 2017, up by 45.8%.

Original story: Alimarket (by Mónica de la Fuente)

Translation: Carmel Drake