TM Real Estate Group, the leading Alicante holding company in the residential, hotel and holiday tourism sector, has announced a 2024 financial year-end closing with record figures, reaching a consolidated turnover of 256 millones de euros or with a EBITDA of 35 million eurosThese results not only consolidate the company's position as the undisputed leader in residential tourism in Spain, but also firmly place it among the top 10 real estate developers nationwide.
Last year witnessed intense activity by TM Grupo Inmobiliario, which delivered a total of 525 homes and made a strategic investment of 36 millones de euros aimed at acquiring new land in prime locations along the Mediterranean coast, including Valencia, Benidorm, Marbella, and Mallorca. With these transactions, the group's land portfolio now exceeds million square meters, a volume that represents the potential for the construction of more than 12.000 homes.
The company's development division has once again demonstrated its strength and leadership in the Spanish residential tourism sector. The results obtained in 2024 align perfectly with the ambitious objectives set in its 2024-2027 Strategic Plan, which aims to exceed the figure of 1.100 billion euros in accumulated turnover during this period. Currently, TM Grupo Inmobiliario manages 22 projects in progress, which translates to approximately 1.600 homes under development.
A distinctive factor of TM's success lies in its marked international vocation. During the 2024 fiscal year, the company served clients from 34 different nationalities, with an impressive 80% of purchases come from the international market. Among the countries with the highest demand are Poland (30%), Belgium (9%), Germany (7%) and the Netherlands (7%). This strong international appeal is complemented by a customer satisfaction index that reached an average of 96% in 2024, a testament to TM's commitment to quality in design and construction, personalized attention, robust after-sales service, and an ethical and responsible governance model.
Under the brand The Fives Hotels & Residences, TM's hotel division in Mexico generated €53 million, 18% of the Group's consolidated total.
The group's hotel division, operated in Mexico under the brand The Fives Hotels & Residences, also contributed significantly to the overall results, generating 53,2 millones de euros, which represents a 18% of the Group's consolidated total. With the direct management of four high-end hotels Located on the Riviera Maya, with over 1.000 hotel rooms, The Fives continues to solidify its presence in the Mexican market. Its strategy is based on a commitment to omnichannel sales and a premium positioning focused on the "All Senses Inclusive" experience. The Fives' outlook is optimistic, aiming to reach a turnover of €80 million by 2027, which would establish it as a leading tourism destination in Mexico.
Beyond the real estate and hotel sectors, TM Grupo Inmobiliario has demonstrated its capacity for diversification. Under the brand Las Moreras Fruit & Veggies, the agricultural division experienced significant growth in 2024, surpassing three million kilos of citrus fruit produced and marketed. International expansion was also a key factor in this division, with exports to countries such as Germany, United Kingdom, France, Netherlands, Italy, Denmark and Poland.
Other divisions of the holding also showed positive results. Mar Holidays, the vacation rental division, successfully managed more than 2.400 reservationsFor its part, the renewable energy subsidiary continues to advance with four projects underway in the province of Alicante, reaffirming the group's commitment to sustainability.
In line with its vision for the future and its commitment to corporate responsibility, TM Grupo Inmobiliario has given new impetus to its Corporate Responsibility Master Plan in 2024, reaching the 86% compliance with the 50 commitments established in environmental, social and good governance matters. In the last four years, the company has allocated 1,2 millones de euros to the implementation of 225 initiatives, benefiting more than 50.000 people both in Spain and Mexico. In the coming days, TM plans to present its new Sustainability Report, which will detail its most significant ESG achievements.
The year 2025 is presented as a crucial period for TM Grupo Inmobiliario, marked by the launch of important real estate projects both in Spain and abroad. Mexico. In addition, the company is in the final stages of construction of its new corporate headquarters in Torrevieja, which is scheduled to open this summer. This state-of-the-art building, with a surface area of Sqm 7.000, will host 200 professionals and will be distinguished by its high standards of sustainability, well-being, smart building technology, and accessibility.
The momentum in the development business in Spain during the first quarter of 2025 already anticipates a promising year, with75% of the fiscal year's turnover targets are guaranteed.
Pablo Serna, CEO of TM Real Estate GroupHe expressed his satisfaction with the results obtained: “2024 was the first year of our Horizon TM 2027 Plan, and the results confirm that we are on the right track to achieve our strategic objectives thanks to the effort and passion of our professionals, suppliers, and partners, and the trust of our clients and all our stakeholders. We have strengthened our assets and made significant investments to face a very exciting 2025, with major projects that we will launch in Spain and Mexico that will reinforce our leadership in the residential tourism sector and They will project our brand and our Mediterranean DNA nationally and internationally.".
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