Tag: show home

Taylor Wimpey & La Cala Resort Invest €11M In New Project In Mijas

27 September 2017 – Inmodiario

The collaboration between the Spanish subsidiary of the British property developer Taylor Wimpey Plc and the Irish hotel chain FBD Hotels and Resorts is pushing ahead. On Thursday 21 September, Taylor Wimpey España and La Cala Resort convened media and real estate agencies to unveil the new show home, which represents the launch of the sale of the 2nd and 3rd phases of the Horizon Golf development in La Cala de Mijas. This new initiative between the two large companies will involve an investment of approximately €11 million.

It is worth remembering that the strategic alliance signed between the two companies will result in the construction of more than 600 homes over the next ten years, with forecast investment of more than €125,000,000.

Currently, Taylor Wimpey España is selling 2- and 3-bedroom homes in the 48-unit Horizon Golf Apartments development. Asking prices start at €280,000 and the first phase of properties, which have all been sold already, is expected to be ready by March. The second phase, comprising 18 apartments, is currently being sold.

Similarly, also in Horizon Golf Adosados in the La Cala Resort in Mijas, Taylor Wimpey is selling 55 terraced homes. The first phase has been completely sold and those homes will be handed over to their owners before the end of the year.

The second phase is currently up for sale and has been since March, with asking prices starting at €410,000. Those homes are expected to be finished by June 2018. The third phase was the one presented last week.

Through this alliance with Taylor Wimpey, La Cala Resort is not only consolidating its position as a unique golf and leisure destination in Spain, with three 18-hole golf courses, an exclusive 4-star hotel with 107 rooms, a spa measuring 1,300 m2, tennis, paddle and squash courts and a football pitch; it is also positioning itself as a leader of international residential tourism, with one of the best and most varied offers of residential homes in low-density complexes, with panoramic views over the golf courses, sea and mountain, and all this just 5 km from the city centre and Mijas Costa’s beaches, and just 30 minutes from Málaga airport (…).

Original story: Inmodiario (by Carmen Durán)

Translation: Carmel Drake

Insur & Anida Launch New Development In Sevilla

27 September 2017 – Eje Prime

Insur and Anida, the real estate subsidiary of BBVA, are continuing to make progress with their joint business. Desarrollos Metropolitanos del Sur (DMS), the company constituted by the two companies, has started to market and construct the second phase of Selecta Arquímedes, located in the Entrenúcleos project, in Sevilla. The property developers will invest €31 million in these two initial projects, which mark the revitalisation of the area in the context of the real estate recovery.

In October, construction of this new development of 61 family homes is expected to begin. The developments, which form part of the residential project Sevilla Selecta Entrenúcleos, will start their journey with an open doors event, to be held this Thursday, Friday and Saturday, when interested parties can visit the show home.

DMS states that it has carried out the development of these new family homes given the success of the sale of the first development, Selecta Rodas, where it is building 54 family homes, which are expected to be completed by the end of 2018.

Selecta Entrenúcleos spans a buildable area of 292,726 m2, which will include, during the course of the various phases, 2,434 homes and retail space, comprising the most important real estate project in the Sevilla metropolitan area.

Original story: Eje Prime

Translation: Carmel Drake