Construction of new residential properties in the Poniente area of Benidorm


The Poniente area of Benidorm is set to see the construction of a large residential property project. 


An area of land stretching 165,000 square metres located near to the beach along the Poniente area of Benidorm has been purchased by the TM Real Estate Group with the intention to build residential properties in the vicinity. 


The development company that was established in 1969 specialise in building large residential projects, will see the fourth project that will be erected by the company across the Benidorm area. 


The project is set to see construction works take approximately 2 years with the development to be complete in 2020, whilst the constructed properties will be available to buy in 2019. 


The planned works will see an estimated 800 jobs in the local area, with a budget of approximately 260 million euros being invested by the company.


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