The Southeast Savings Bank is renamed as the Savings Bank of Alicante and Murcia, being the only institution maintaining a consolidated property management service with an extended office network in Alicante, Playa de San Juan, Benidorm, Arenales del Sol, Calpe, Jávea, Dénia, Cartagena, and La Manga del Mar Menor. These offices have either remained or merged with others subsequently.

The Foreign Property Management Service of the Savings Bank of the Mediterranean, formerly known as the Savings Bank of Alicante and Murcia, becomes Mediterráneo, Real Estate Management Services Ltd (MSGI), with offices in the provinces of Alicante and Murcia.

The organization as a company leads to the creation of the first comprehensive software applied to community management, designed and developed by the internal IT department with experience in managing thousands of properties. Mediterráneo continues its policy and history of technological innovation since it was, in past decades, the first entity in the sector to implement banking aggregations.

The company expands its areas of business, from property community management to payroll management, social security contributions, accounting, and insurance brokerage. New offices are opened, and professionals from different nationalities are recruited.

Significant changes occur in the company’s structure and objectives with the entry of Next Capital. A strong investment in technology facilitates the development of different service lines. The company changes its name to Mediterráneo Integrated Management Services Ltd.

In Madrid, two major property management companies, AFM and Afinco, are incorporated, marking Mediterráneo’s expansion beyond its original area. The same year, the President’s Manual is published, an original publication that guides those who hold the position in property communities, starting its presentation in several cities.

The creation of Mediterráneo’s first app for its managed properties and individuals introduces a novel and agile model of direct communication, management, access to documents, and the possibility of fee payment through the mobile phone in the sector

After accumulating experience working with over 4,000 providers, Mediterráneo launches a digital platform to connect service professionals with individuals and companies in need of services for their properties.

Mediterráneo Homes is born to offer advice and real estate buying and selling services. They have all kinds of properties, both new construction and second-hand.

A insurance brokerage is established, enhancing the management and service offering of the Mediterráneo Group. With expertise in the sector, advice is provided on various insurance policies from major companies, seeking a balance between coverage, prices, and guarantees.

With the incorporation of Corpfin Capital, a leading entity in the private equity sector in Spain, as the main shareholder of Mediterráneo, the new strategic plan focuses on consolidating the Group and enhancing the property management service through the integration of experienced professionals.

The sixtieth anniversary of the creation of the Property Management Service of the Southeast Savings Bank is celebrated, now in an environment of great growth and expansion of the company, which among its advantages highlights the demonstrated sustainability with its professional presence. Sixty years later, the Ramsa Building in Benidorm, the first to choose our services, continues to be managed by Mediterráneo.