{"id":11695,"date":"2018-03-03T17:10:58","date_gmt":"2018-03-03T17:10:58","guid":{"rendered":"http:\/\/blog.tmgrupoinmobiliario.com\/?p=11695"},"modified":"2019-08-13T16:35:46","modified_gmt":"2019-08-13T14:35:46","slug":"tm-set-to-build-1200-homes-in-benidorm","status":"publish","type":"post","link":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/2018\/03\/03\/tm-set-to-build-1200-homes-in-benidorm\/","title":{"rendered":"TM set to build 1,200 homes in Benidorm"},"content":{"rendered":"<p>TM Real Estate Group is delighted to announce its largest investment since it was founded in 1969. It has officially acquired <strong>165,000 m<sup>2<\/sup> of land<\/strong> on the second line of <strong>Benidorm\u2019s Playa Poniente Beach.<\/strong> The project will see around <strong>1,200 homes built <\/strong>across a number of residential developments, 90% of which will boast <strong>sea views<\/strong>. They\u2019re due to go on sale by the <strong>summer of 2019,<\/strong> supplying demand primarily from domestic and European buyers.<\/p>\n<p>The acquisition, the<strong> fourth one by TM<\/strong> in Benidorm over the last 3 years, secures its real estate activity for the next <strong>10 years<\/strong>. Over this period, an estimated <strong>260 million euros<\/strong> will be invested in the construction. This venture will provide a significant economic investment boost to the local area of Benidorm, generating <strong>hundreds of jobs<\/strong>. The land purchase on one of Costa Blanca\u2019s most coveted locations follows a string of TM successes. These include the residential complexes of<strong> Sunset Drive, Ocean Drive<\/strong> and <strong>La Ermita del Mediterraneo<\/strong> in El Tosal.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11702\" src=\"http:\/\/blog.tmgrupoinmobiliario.com\/wp-content\/uploads\/2018\/03\/Benidorm-inversion2.jpg\" alt=\"\" width=\"3192\" height=\"1874\" \/><\/p>\n<p><strong>Angeles Serna<\/strong>, TM Real Estate Group\u2019s <strong>President<\/strong>, was recently interviewed about the business venture by the Spanish financial magazine, <a href=\"https:\/\/economia3.com\/2018\/02\/20\/132646-benidorm-ha-una-apuesta-estrategica-va-marcar-la-actividad-del-grupo\/\"><strong>Economia3<\/strong><\/a>. When asked how a family business became a prominent leader in the Spanish real estate sector, she cited a number of factors at play. Among them was the creation of its <strong>Family Office and Corporate Governance Department<\/strong>, both of which were key in developing the holding company\u2019s structure from the outside in. Serna also highlighted the rebound effect of the previous year\u2019s success in <strong>surpassing Business Plan objectives<\/strong>. The <strong>2017<\/strong> financial year closed with around <strong>750 sales and 24 properties <\/strong>built along Costa Blanca, Costa de Almeria, Costa del Sol, Murcia and Mallorca. This makes up a portfolio of 1,605 properties in construction, with a consolidated net turnover of around <strong>222 million euros<\/strong>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-11708\" src=\"http:\/\/blog.tmgrupoinmobiliario.com\/wp-content\/uploads\/2018\/03\/Angeles-Serna-02.jpg\" alt=\"\" width=\"900\" height=\"550\" \/><\/p>\n<p>Reinvestment of profits and self-financing were among the intrinsic family values inherited from the President\u2019s father and company founder, <strong>Jos\u00e9 Lu\u00eds Serna Almod\u00f3var<\/strong>. \u201cDuring the last few years we have been autonomous in making our decisions, without having to depend on banks\u201d, stated Angeles Serna. Construction of the first <strong>275 homes<\/strong> in Benidorm are forecast to be underway in <strong>2018<\/strong>. This is an exciting year of sustainable growth both for the company and the municipality of Benidorm. A symbolic milestone along the TM\u2019s trajectory towards leading the real estate sector on Costa Blanca and beyond.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TM Real Estate Group is delighted to announce its largest investment since it was founded in 1969. It has officially acquired 165,000 m2 of land on the second line of Benidorm\u2019s Playa Poniente Beach. The project will see around 1,200 homes built across a number of residential developments, 90% of which will boast sea views. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-11695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualidad-tm"],"better_featured_image":{"id":12841,"alt_text":"","caption":"","description":"","media_type":"image","media_details":{"width":405,"height":270,"file":"2018\/03\/Benidorm-inversion-2.png","sizes":{"thumbnail":{"file":"Benidorm-inversion-2-150x150.png","width":150,"height":150,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-150x150.png"},"medium":{"file":"Benidorm-inversion-2-300x200.png","width":300,"height":200,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-300x200.png"},"blog-medium":{"file":"Benidorm-inversion-2-320x202.png","width":320,"height":202,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-320x202.png"},"tabs-img":{"file":"Benidorm-inversion-2-52x50.png","width":52,"height":50,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-52x50.png"},"related-img":{"file":"Benidorm-inversion-2-180x138.png","width":180,"height":138,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-180x138.png"},"portfolio-three":{"file":"Benidorm-inversion-2-300x214.png","width":300,"height":214,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-300x214.png"},"portfolio-four":{"file":"Benidorm-inversion-2-220x161.png","width":220,"height":161,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-220x161.png"},"portfolio-five":{"file":"Benidorm-inversion-2-177x142.png","width":177,"height":142,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-177x142.png"},"portfolio-six":{"file":"Benidorm-inversion-2-147x118.png","width":147,"height":118,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-147x118.png"},"recent-works-thumbnail":{"file":"Benidorm-inversion-2-66x66.png","width":66,"height":66,"mime-type":"image\/png","source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2-66x66.png"}},"image_meta":{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0","keywords":[]}},"post":11695,"source_url":"https:\/\/blog.tmgrupoinmobiliario.com\/en\/wp-content\/uploads\/sites\/2\/2018\/03\/Benidorm-inversion-2.png"},"acf":{"imagen_destacada_desktop":null,"imagen_destacada_mobile":null,"formato":null,"entradilla":null,"etiquetas":null,"cabecera_escritorio":null,"cabecera_mobile":null,"galeria":null},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.6 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TM set to build 1,200 homes in Benidorm - English<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blog.tmgrupoinmobiliario.com\/en\/2018\/03\/03\/tm-set-to-build-1200-homes-in-benidorm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TM set to build 1,200 homes in Benidorm\" \/>\n<meta property=\"og:description\" content=\"TM Real Estate Group is delighted to announce its largest investment since it was founded in 1969. 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It has officially acquired 165,000 m2 of land on the second line of Benidorm\u2019s Playa Poniente Beach. The project will see around 1,200 homes built across a number of residential developments, 90% of which will boast sea views. 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