Real estate developer Habitat Inmobiliaria is investing €40 mln in its second residential development in Tres Cantos in the municipality of Madrid.
The Habitat Encina development will be located on the site adjacent to the developer's first development in the area.
It will consist of two buildings with a total of 92 homes with two to four bedrooms. In addition to the residential units, the complex will have a swimming pool, gardens, gymnasium, community centre, chill-out area, paddle tennis court and a children's play area.
Ángel Gutiérrez, regional manager for the central area of Habitat Inmobiliaria, said: ‘We are particularly excited about the launch of our second development in Tres Cantos, a municipality where we have had a great reception with our first development. Habitat La Encina has been designed to guarantee the comfort of its residents, with an aesthetic that blends in perfectly with the natural surroundings of the town and which makes it a unique development in the area.’
Together, the two developments will offer more than 190 homes in the municipality, bringing the company's total investment in Tres Cantos to €76 mln.
Overall, Habitat has more than 800 homes being marketed in the community of Madrid, both in the capital Madrid, and the municipalities of Villalba, Valdemoro and Tres Cantos.
