Avantespacia Expands in Catalonia

30 September 2019 – The developer Avantespacia is finalising the acquisition of two plots of land in Catalonia, enough to build more than one hundred homes. The firm, which is controlled by Manuel Jové’s holding company, Inveravante, began operations in the province this year when it acquired another plot of land on Calle Roger de Flor, in Granollers, to building a 48-flat apartment building. The company is simultaneously finalising the acquisition of a new plot of land in the city to develop another fifty homes.

The company hails from Andalusia, where it has developments in Estepona, Fuengirola, Teatinos, Málaga and the San Roque Golf Club.

In August, the company began sales of a 128-home development in Pamplona, where it plans to begin construction in October. Avantespacia is planning on launching five new developments in Zaragoza, Vigo, the Canary Islands and Oviedo before the end of the year.

The company currently has 925 homes on sale and expects to deliver 260 units by year-end, with a turnover of 110 million euros.

Original Story: Eje Prime – Marta Casado Pla

Adaptation/Translation: Richard D. K. Turner