“Neinor Homes has 173,000 square metres of land to build 1,450 housing units”

Neinor Homes residential developer on Tuesday presented their business plans for Andalusia and Malaga Province which has 173,000 square meters floor finalist, with a value of about € 127 euros and capacity to build 1,450 housing.

Neinor Homes featuring one of their big business in Andalucia, namely in Cordoba and Malaga, on whose shores has launched 12 residential developments, in towns like Estepona, Benalmádena, Marbella or Fuengirola Malaga; that will bind Teatinos Homes, the first in the capital, which will house 110 houses in the newer area of the city, next to the University.

The presence of the company in Malaga responds to their desire to “focus its activity in those areas in which the residential market shows clear signs of recuperacion”, they have indicated. “Thus, both the capital and the coast of the province are “favorable markets given the current shortage of supply of housing of quality against a growing and informed demand requiring features such as innovation, sustainability and design. “

During the presentation, the CEO of Neinor Homes, Juan Velayos, explained that the company plans to continue growing in the province through new purchases of soil finalist, to be announced in the coming months, “in a clear commitment to the region, to which Neinor Homes has a strong link from your birth”. “

After investing more than € 200 million in Malaga, these new acquisitions will serve to put up new homes, both first homes as rentals. “While it is not the heart of the company’s business, the economic situation of the region allows to put part of the focus in this type of product, contributing to the characteristics of design, I+D;  and differential architecture which gives Neinor Homes”, said.

“We have plans to continue growing in Andalucia in general and in Malaga in particular. We are convinced that it is a region with great potential and shows it the demand that we receive as well. We want to respond to those customers who want a designed housing for them, that combines design with comfort. Neinor Homes responds to these needs “, explained Velayos.

In regards to the situation in the industry, Velayos pointed out that “the company wants to contribute their grain of sand to the recovery of the sector along with the local companies”. “

“Our objective is to become a reference for the sector in the area, contributing to the transformation and modernization of the industry. We want to be part of the growth of the province boosting the sector and the economy through the creation of direct and indirects jobs “, it said.

Neinor Homes has in Andalucia soil amounting to € 236 million with capacity of 2,750 homes. At the national level, it has a buildable surface over 1,250,000 square meters, divided between Madrid, Cataluña, Islas Baleares, País Vasco, Andalucía and Valencia, and worth € 1,300 million, representing more than 10,700 homes.