Three months into the activity, urbanization studies marked a milestone with the first residence as part of a major plan. The Lagoons Village project sits inside La Hoya’s Partial Plan in Torrevieja, standing as one of the Valencian Community’s most significant urban developments in recent years. The developer TM Grupo Inmobiliario, a principal landowner in the area, announced Lagoons Village, a project that envisions the construction of up to 1,800 homes across eleven stages.
It represents a flagship residential area and ranks as the second major project in the Serna family developer’s portfolio after Mar de Pulpí in Almería. The latter already hosts around 2,600 properties, with approximately 1,500 completed and plans to invest at least 375 million euros, according to company communications.
Located between Laguna Rosa and Laguna Salada in La Mata de Torrevieja, Lagoons Village will cover about 264,000 square meters. The area will feature generous communal spaces, including expansive gardens, swimming pools, jacuzzis, decorative lakes, and walking paths integrated into the urban fabric.
The development, within La Hoya’s Partial Plan, will create new roads and access routes, wide streets, green spaces, and a fitness center. To enhance homeowners’ quality of life, plans include a heated pool, indoor and outdoor gyms, sports fields, a spa, and rooms for beauty and physiotherapy services, among other amenities.
The Lagoons Village project is presented by the developer as one of its most symbolic investments, highlighting its location near the Torrevieja International Auditorium, just 400 meters from Quirón Hospital, and surrounded by a wide array of dining options, entertainment venues, schools, pedestrian paths, and beaches.
“Torrevieja stands as a reference point in residential tourism on both national and international stages, and this project will reinforce that position by promoting one of Spain’s most important urban developments,” stated Pablo Serna, CEO of TM Real Estate Group. He added that Lagoons by TM is expected to bolster regional economic and social development and reinforce the company’s leadership in residential tourism.
first stage
Marketing will begin with the first promotion named Laguna Ros, which will include 240 homes with an investment of 63 million euros. The promotion comprises apartments, townhouses, and semi-detached villas, with prices ranging roughly from 210,000 to 516,000 euros. Company projections suggest that most buyers will come from international markets, aligning with TM Real Estate Group’s traditional clientele.
In Laguna Rosa, 15,200 square meters of open spaces and common areas have been planned. The area also benefits from strong connectivity with both the N-332 and the future CV-95 extension. Delivery of these initial homes is anticipated for July 2025.
As additional stages unfold, TM intends to adjust its launch pace in line with sales performance and market demand.
Billing
TM Real Estate Group operates as an Alicante-based holding company established in 1969. Its core activities focus on real estate development, tourism, and hotel projects, with notable emphasis on creating secondary vacation residences and promoting real estate ventures. The group has delivered around 20,000 homes and maintains other lines of business such as hotel management, hotel operations, and related services across the Mediterranean. The portfolio includes hospitality projects and property ventures in various regions, including the Riviera Maya and related leisure activities.
TM Real Estate Group reports record turnover for the second consecutive year with 260 million euros
In a recent interview with Activos, the economic supplement of a prominent regional press group, TM Real Estate Group’s leadership highlighted a turnover near 300 million euros for the year, up from about 260 million the prior year, and noted the delivery of roughly 700 homes. The company’s near-term projects include the opening of a fourth hotel in the Mexican Caribbean, to be operated by its private division, The Fives Hotels & Residences. The group employs more than 1,500 people and continues to expand its hotel and real estate footprint across its markets.
(Cited from TM Real Estate Group communications and interviews.)