TM Grupo Inmobiliario

TM Grupo Inmobiliario
TM launches ‘Lagoons Village by TM’, a large residential project in Torrevieja in which it will invest 375 million euros

TM launches ‘Lagoons Village by TM’, a large residential project in Torrevieja in which it will invest 375 million euros

12.01.2024 |  Blog TM  | Corporativo | News TM | Press release 

Lecture time: 2 minutes

Lagoons Village by TM is one of the biggest and most emblematic projects for the Alicante holding company in Torrevieja, as it plans to invest 375 million euros in the construction of 1,800 homes in the La Hoya Partial Plan.

 

TM Real Estate Group, Alicante’s leading holding company in the residential, hotel and responsible holiday tourism sector, specialising in the construction and development of second homes along the Mediterranean and Caribbean coast, presents Lagoons Village by TM, a large residential project in Torrevieja in which it will invest 375 million euros to build 1,800 homes.

Located between Laguna Rosa and Laguna Salada de la Mata de Torrevieja, covering an area of 264,000 m2, Lagoons Village by TM will be developed in 11 phases that will feature communal areas with large gardens, swimming pools, Jacuzzis, decorative lakes and paths within the development. Likewise, the company will also develop new roads as part of the La Hoya Partial Plan, as well as wide avenues and green areas and a sports centre for the owners of the homes that will be equipped with a heated pool, indoor and outdoor gym, sports facilities, a spa, beauty treatment and physiotherapy rooms, among other services.

 

 

The size of the new development and its excellent location, next to the Torrevieja International Auditorium, 400 metres from Quirón Hospital and with a wide variety of food, leisure, schools, pedestrian paths and beaches nearby, makes Lagoons Village by TM one of the company’s most emblematic projects.

“Torrevieja is currently a leader in the residential tourism sector nationally and internationally and our project will consolidate that position by creating one of the biggest urban developments in Spain. We are fully convinced that the success of Lagoons by TM will strengthen the economic and social development of the area and consolidate our leadership in residential tourism,” said Pablo Serna, CEO of TM Real Estate Group.

 

 

Laguna Rosa, the first Lagoons Village development by TM

For this first development, called Laguna Rosa, the real estate company will allocate over 63 million euros, continuing with its development and expansion in Torrevieja and once again promoting residential tourism on the Costa Blanca.

Laguna Rosa will host a wide variety of homes including apartments, bungalows and villas. They all come with large outdoor spaces and communal areas covering 15,200 square metres. The development will also benefit from excellent connections both with the N-332 and the future widening of the CV-95, as well as from a wide range of services with the Mediterranean Sea as a backdrop. These homes are already for sale and are scheduled for delivery in July 2025.

 

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