The Galician property developer Grupo Dismare is expanding its presence in the popular tourist municipality of Mogán, located in the south of Gran Canaria, with two major luxury housing projects.
According to La Provincia, the company is currently constructing an exclusive development of ten luxury villas in the area of Tauro. Each villa is expected to sell for around €900,000 and will feature a private infinity pool and two gardens, offering high-end amenities for discerning buyers.
Simultaneously, in the Motor Grande neighbourhood of Puerto Rico, Grupo Dismare is developing a residential complex comprising 159 apartments. The first phase, which includes 70 units, is due for completion this summer.
Branded the Gran Oasis de Puerto Rico, the project stands out for its sustainable approach, involving the redevelopment of an abandoned building. All apartments will include private terraces and be arranged across low-rise blocks adapted to the hillside terrain.
Residents of the complex will benefit from a wide range of facilities, including an infinity pool, indoor pool, spa, and gym. According to Edgar Rial, CEO of Grupo Dismare, all units have already been sold, with 95% purchased by local Canaries based buyers, indicating strong domestic demand.
Additionally, Grupo Dismare is expanding its footprint to Lanzarote, where it is working on the conversion of a tourist apartment complex in Yaiza into residential use, in collaboration with the local council.
