La Quinta Real Estate Group firmly continues with its activity despite the exceptional circumstances we are experiencing. We continue to work at full capacity, strictly complying with the safety and health protocols of our company and advancing as much as the established restrictions allow us.
As you know, our value proposition does not only imply excellent dwellings, but also an innovative project with the most complete range of amenities on the Costa del Sol (lake, lake club, golf, tennis, paddle tennis, horse riding, trails, etc. .). We want to be a benchmark in luxury residential tourism, with a strong commitment to sustainability and care for the environment and with a unique leisure offer within our own facilities.
By applying these sustainable construction measures, we wanted to go one step further and certify their environmental and social benefits. Today, we are the first infrastructure development project certified in Spain with the Breeam seal and we are firmly committed to obtaining this certification in all of our housing projects.
The company’s commitment and values remain intact: to offer our clients, agents and collaborators a solid, innovative and sustainable residential leisure project. This is the responsibility of all of us who form the human team of La Quinta Grupo Inmobiliario. We have been building exclusive residences for more than thirty years with the aim of offering a first-class service and maintaining close and lasting relationships with our clients.
It is no less true that the situation we are living in may cause a slight slowdown in the completion of all leisure facilities, but we insist on our commitment to our clients and our suppliers to successfully carry out all these amenities, with your help in the commercialization and consolidation of our project.
On the other hand, we would also like to remind you our solvency as a business group with extensive experience in the real estate sector. La Quinta Real Estate Group has a solid and solvent balance as evidenced by the market value of our assets is 10 times higher than the value of the debt, which allows us assuredly and confidently to face the final phase of the project.
We have started the earthworks in the plots of the U1A sector, giving access to some plots where villas will be built soon, and also for the construction of the golf course and the lake. Likewise, we are working on the design of the Lake Club buildings and we hope that our clients will be enjoying them in a not too distant future. In total, we will have 600,000 square meters of green areas. Allow us also to inform you that we have just started the construction of our second project of luxury apartments Quercus, with a prestigious construction company on the Costa del Sol, Bonifacio Solis.
Let us conclude by reiterating the importance for our company of the definitive integration of this recreational and leisure project into the entire urban work. Both the plot of land and the sports and social complex attached, form an indissoluble unit that we hope to make a reality soon.
The development of these amenities is a basic element of our business plan and has always been an essential condition to give continuity to the project. Not only financially, but also from the point of view of its fitting into the values of our company to offer our clients quality of life in natural, manicured and sustainable environments.
We continue to move forward firmly to make this leading project on the Costa del Sol a reality, from exclusive residences together with transforming leisure facilities, all in a unique environment of sustainability. We count at all times on your trust, your collaboration and your understanding.