17 December, 2015

The British real estate developer, Taylor Wimpey, and the Cala Golf Resort consolidate their joint venture, which was established one year ago, with new projects

In January, 2016 they will be developing a new residential complex of 55 town houses named horizon golf. This new project will involve a direct investment of more than 12 million euros.

The company, Taylor Wimpey in Spain, affiliated to the British Real Estate Developer, Taylor Wimpey PLC, a company listed in the FTSE 100 of the London stock market, and La Cala Resort, the prestigious leisure resort located in Mijas with 3 golf courses and a luxury spa hotel owned by the international group whose central branch is in Ireland, FBD Property & Leisure Ltd., have signed a new joint venture agreement which, initially, will allow them to continue developing a new project with 55 luxury town houses right on the golf course destined to the international public, with an estimated investment of over twelve million euros.

At the end of 2014, Taylor Wimpey and La Cala Resort commenced their first experience with the commencement of the development of the Miraval complex, 60 luxury apartments with golf and sea views. After 12 months of activity, more than 80% of the complex has sold and the construction has accelerated in order to hand over all the properties to their owners throughout 2016.

Due to the great interest generated by foreign clients, both companies have decided to go one step further and extend their link on a long term basis, starting with the construction of 55 town houses in January 2016.

This association consolidates La Cala Resort as a referent in the Costa de Sol, not only as a favourite destiny by golfers but also as one of the most attractive areas from an international tourist residential view. The beauty of its three 18-hole golf courses, and its exclusive four star hotel and Spa in addition to its recreational, sports facilities and its excellent location at less than thirty minutes by car from Málaga Airport, are great attractions to capture the growing European demand for second home properties on the Costa del Sol.

Uniqueness of the new project HORIZON GOLF

Taylor Wimpey has designed a new generation residential project of three bedroom townhouses with terraces, a solarium and an underground private parking. In addition, the project will have panoramic views of the golf course and La Cala de Mijas with landscaped gardens and communal pools. The complex will have the best qualities in the market and “C” energy rating, the highest rating for residential properties in the area.

A British company with developments in Spain

Taylor Wimpey is an international developer, although its foundation and main activity are in the UK, where it is listed in the London stock market. Currently, Taylor Wimpey is a company of the FTSE Top 100, and one of the principal residential developers of the UK, with over 12,000 properties delivered in 2014 and more than 3,000 employees in the UK and Spain.

Taylor Wimpey has been established in Spain since 1958, dedicated to residential real estate development in privileged areas such as the Balearic Islands, Costa Blanca and the Costa del Sol. In these coastal areas, Taylor Wimpey has built urbanisations in a sustainable and respectful manner, both with the environmental surroundings and local communities. In 2014, the company handed over 220 properties in Spain only.

The experience of nearly 60 years in Spain developing real estate, guarantees Taylor Wimpey as the best option when buying a property on the Costa del Sol, especially given that among one of the main objectives of the company is the construction of properties to improve its clients quality of living; therefore, adding value to the properties.

In addition to Taylor Wimpey´s own values and social responsibility, to become a renowned property developer, one has to do much more than simply build houses: one has to provide places of a high standard of living as well as provide adequate facilities in attractive surroundings. Likewise, it is an absolute priority for Taylor Wimpey to add social, financial and environmental values to the communities where it works.

Quality, confidence and services

Three fundamental premises rule Taylor Wimpey: the quality of its constructions, providing total confidence to its buyers and offering first class service. This new joint venture with La Cala Golf Resort will maximise these three premises