TM Real Estate Group, a leading Alicante-based company in the residential tourism, hotel, and holiday sector, specializing in the construction and development of homes on the Mediterranean coast and in the Caribbean, has launched its new residential project ‘Sunrise Canet by TM’, located in Canet d’en Berenguer, 25 minutes from the center of Valencia and 10 minutes from Parc Sagunt.

With a planned investment of €70 million, the project includes the development of two residential towers, each with 19 floors, totaling 252 homes distributed across two phases. The project will help stimulate the local economy through the creation of thousands of direct, indirect, and induced jobs during its development and commercialization. Phase 1, corresponding to Block 1, will initially be launched to the market with 109 homes.

“Sunrise Canet by TM” is located in a privileged setting between the town center and the sea, just over one kilometer from Canet Beach, one of the most emblematic beaches in the province of Valencia and one of the most valued destinations on the Valencian coast due to its family-friendly character, its natural environment surrounded by dunes, and its low urban density. The development is designed both as a primary residence and as a holiday home, targeting national and international clients seeking quality of life, connectivity, and services.

The complex will consist of 1-, 2-, and 3-bedroom apartments with spacious terraces, different orientations, and open views, as well as extensive communal areas. These include swimming pools (adult, children’s, and a heated pool), jacuzzis, a panoramic gym, a chill-out area, social club, coworking space, paddle tennis court, multi-sport area, and large landscaped gardens. Many of the homes will offer panoramic views of the sea, the Sierra Calderona mountains, and Sagunto Castle.

The architectural design embraces a modern, organic, and avant-garde aesthetic, integrated into the surrounding environment and aligned with sustainable construction and energy efficiency standards—hallmarks of all the company’s residential projects.

This new launch forms part of the Group’s 2024–2027 Strategic Plan, which aims to reach a business volume of €1.1 billion in the Valencian Community, with the province of Valencia as one of its main areas of expansion. “Valencia is a key element in our growth model and a region where TM Real Estate Group has a long-term commitment. Here we have taken firm steps and are already developing a land portfolio for more than 500 homes, with committed investment currently exceeding €130 million. Valencia is a strategic enclave for us, and we want to continue contributing to its economic, social, environmental, and urban development,” said Pablo Serna, CEO of TM Real Estate Group.