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Taylor Wimpey to Invest €27 million in San Roque

Martín Serrano • Photos: Fran Montes

Taylor Wimpey’s Regional Director, Mr Ignacio Oslé, announced an investment of €27 million for a development at the San Roque Club.

The ‘Emerald Greens’ project, which will consist of 80 apartments and 29 semi-detached houses located in “the heart of the golf course”, was applauded by the mayor, Mr Juan Carlos Ruiz Boix, as well as by the many people present at the presentation.

The commitment of Taylor Wimpey real estate to San Roque is unquestionable.

Its Regional Director, Mr Ignació Oslé, made this clear at a conference held today at the San Roque Club, in the presence of Mayor Ruiz Boix.

The ‘Emerald Greens’ project is an ambitious plan with an investment of €27 million and which will see the construction of 80 apartments and 29 semi-detached houses “in the best area of the club, in the heart of the golf course, next to the golf driving range”.

Mr Oslé stressed the attractive selling points of this development such as its low density, its proximity to sandy beaches and charming villages, level 1 golf courses, international schools as well as its proximity to the Parque de los Alcornocales (Cork trees park).

The housing estate will only take up 25% of the plot, the remaining land will be taken up by green areas and a meadow with 143 cork trees.

To this project must be added the 56 apartments whose construction has already started at Sotogrande Marina.

Taylor Wimpey is a real estate company focused on the construction of self-funded development. It has been operating in the United Kingdom for more than 100 years and for more than 60 years in Spain, although it started its activity in San Roque two years ago with the ‘Pier’ project in Sotogrande.

This is a project valued at €15 million, without taking into account the cost of the plot.

Mr Oslé announced that already 23% has sold and that those from abroad seem to be really interested in this area. There are buyers of a great variety of nationalities.

Mayor Ruiz Boix stressed that until 2016, real estate activity in San Roque was minimal, but in the last two years, especially in the Valle del Guadiaro, there has been an increase in building license applications.

He also presented a report from ‘Tinsa’ (a valuation company) which stated that San Roque is one of the municipalities where there has been an increase in licenses being granted for new developments and constructions.

The Mayor also announced that more than 600 dwellings are being built by different developers and highlighted the attractiveness of his municipality and dynamic government, which has resulted in a 41% reduction in the number of unemployed workers in the construction sector.

Finally, the Mayor stressed the importance for investors to negotiate with stable governments that have an absolute majority, and highlighted the healthy economy of the San Roque municipality, which has a budget of more than €66 million and the lowest IBI (Spanish real estate tax) in Andalusia.

As the mayor said: “San Roque is a safe investment.”

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