Lagos de Covadonga will comprise 239 homes and continues the development following the commercial success of Laguna Rosa. The new residential complex will cover more than 39,000 square metres and combine one to three-bedroom homes with swimming pools, landscaped areas and a comprehensive sports and wellness offering.
Alicante, 22 October 2026. Real Estate Group will invest €73 million in Lagos de Covadonga, the new residential development within Lagoons Village by TM, in Torrevieja. The project will comprise 239 homes, and its commercial launch follows the sale of virtually all properties in Laguna Rosa, the first residential development within the scheme.
A Residential Development Designed for Year-Round Living
Lagos de Covadonga will be developed on a site of more than 39,000 square metres and will offer one, two and three-bedroom homes, with one or two bathrooms and a parking space included.
The development will feature swimming pools for adults and children, heated jacuzzis, children’s play areas and landscaped gardens with an ornamental lake, fountains and pedestrian walkways. These amenities will enhance opportunities for outdoor leisure and relaxation while complementing the residential offering.
The project will also include the Sport & Wellness Club, the exclusive sports centre at Lagoons Village by TM, featuring a gymnasium, heated swimming pools, spa facilities, sports courts, changing rooms and coworking spaces. Its facilities will enable residents to combine sport, wellbeing and remote working throughout the year.
Its location provides easy access to beaches such as La Mata, as well as the natural surroundings of the Torrevieja and La Mata lagoons, while also benefiting from nearby shops, educational facilities and healthcare services.
A 1,800-Home Development in Torrevieja
Lagos de Covadonga forms part of Lagoons Village by TM, a project involving a planned overall investment of €375 million and the construction of 1,800 homes across eleven phases. The development covers 264,000 square metres, between the Pink Lagoon (Laguna Rosa) and the La Mata Lagoon, and includes new avenues, green spaces and improvements to local urban connections.
“Lagoons Village by TM is one of TM Real Estate Group major commitments and a strategic project for our growth on the Costa Blanca. The excellent market reception of Laguna Rosa encourages us to continue progressing with new phases, maintaining our commitment to Torrevieja and to developing a residential offering that responds to our customers’ needs,” says Pablo Serna, CEO of TM Real Estate Group.
