Major Uk-backed Project Brings 86 High-end Homes To Denia

British spot developer Taylor Wimpey España is pushing up pinch its description successful Denia, targeting buyers pinch precocious purchasing powerfulness and fuelling ongoing statement astir nan area’s capacity and nan trouble of securing affordable housing. The company, whose UK-based genitor reported complete €4 cardinal successful world gross past year, has announced a caller task successful nan Marina Alta capital: six residential buildings comprising a full of 86 apartments successful La Pedrera.

€23 cardinal finance complete 2 phases

The scheme, named Sora, represents an finance of €23 million. Construction will return spot successful 2 phases, pinch completion and handover expected for September 2027. Prices statesman astatine €315,000 for two-bedroom homes of astir 87.5m², rising to €425,000 for penthouses and €470,000 for duplex units offering up to 126m² of space.

‘Ten minutes by car to nan centre of Denia’

To pull prospective buyers, nan developer highlights that Sora is simply a backstage residential analyzable featuring communal swimming pools, landscaped gardens pinch section vegetation, a children’s play area and an on-site gym. The La Pedrera location, connected Calle Apolo, is promoted arsenic offering “panoramic views of nan sea, nan Montgó and Denia”, supported by nan south-facing predisposition of galore of nan units. The patient besides emphasises that nan municipality centre is “easily reachable successful nether 10 minutes by car”.

Housing prices astatine grounds highs

In its promotional notes, Taylor Wimpey España states that this improvement strengthens its committedness to “one of nan astir move coastlines successful nan Spanish spot market”. The institution expects beardown returns, pointing retired that spot prices successful Spain person reached “historic highs”, averaging €2,303 per m². In Denia, figures are importantly higher astatine €3,232 per m², according to October information from Idealista.

The British patient is good known locally. Before Sora, it launched Bella Beach connected Almadrava beach, marketed betwixt 2023 and 2024, pinch 55% of buyers being Spanish—mostly couples aged 40 to 60. “Denia has cemented its position arsenic a highly reliable destination for nationalist clients, who worth its climate, gastronomy, connectivity and safety,” said Lola Mira, Taylor Wimpey España’s location head for nan Costa Blanca, successful a erstwhile statement.

Listed connected nan London Stock Exchange

Taylor Wimpey is listed connected nan London Stock Exchange, employed astir 6,000 group successful 2021 and has been operating successful Spain since 1958, pinch offices successful Alicante, Palma and Malaga—its 3 main improvement hubs.

In Spain, nan institution delivered 504 homes successful 2024, up from 410 nan erstwhile year. Its gross reached €225 million, generating €56.4 cardinal successful profit, a 42% summation compared to 2023. Unsurprisingly, nan developer welcomes nan crisp emergence successful marketplace prices. It presently holds onshore for 3,196 early homes successful Spain, providing ample room for further maturation successful years to come.

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