MARBELLA - BRITISH housing, property and construction company Taylor Wimpey is to invest 8.5 million euros in a real estate project in the Elviria area of Marbella, which is due to begin this year and will be surrounded by golf courses. The project includes 53 holiday homes on a 14,724 square metre plot with green areas. The first phase will include the construction of two three-storey buildings with 23 houses, two swimming pools and car parks which should be complete by the end of 2011. For 2012, three more buildings with 30 homes are planned.
Taylor Wimpey has said that it has sold 80 per cent of the houses it has built on the Costa del Sol, making it one of the most profitable areas for the company. They are planning to invest in the area again within two years.