Beyome will invest €30M in 2021 to build 200 homes

Beyome will invest €30M in 2021 to build 200 homes

The company has two operations being developed in Madrid and Malaga and is tracking the Barcelona and Valencian markets, according to EjePrime. The project is led by the companies Projecto Consortium and the architecture studio Enorme Estudio, and the financial support is guaranteed by Xelto Investments

The property in Madrid is located in the prime area of ​​the city and is intended for young professionals. While the Costa del Sol home is aimed at the elderly. The company is finalizing the purchase of a building in Valencia and scanning the Barcelona market for opportunities. In addition, the company is also studying the acquisition of a shopping center in Madrid to convert it into an apartment building.

Performing both the design and the management of the apartments, the company foresees the construction of its projects through its own promotion and reforms, combined with the alliance with investment funds. The company's long term ambition is to be present in twenty cities around the world in 2022, among which are cities such as London, Paris and Miami. To do this, Beyome will use partners established in the local market to identify opportunities.

Beyome has four apartment lines for young professionals, families and seniors.

The project is based on the construction of flexible housing and has four commercial lines: Thrive, for young professionals; Family, for families; Health, for those over 65, and Care, with additional care. Enorme Estudios, the design partner of the project, realizes homes for individuals with modular systems of fifty sqm. The ultimate goal of the company is to build 10,000 homes and reach earnings of 120 million euros in 2025.

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