Before March ends, we bring you a new project. We return to the Costa del Sol to participate in the early stage of developing a 40-home residential complex in Fuengirola, led by an experienced developer in the area. Interested? You can invest next Monday, March 31, at 4:00 PM (UTC+2).
The El Higuerón TB51 project involves contributing equity capital for the purchase of a plot of land in Fuengirola (Málaga). The project will materialize in the development of 40 single-family homes averaging 165 square meters, featuring green areas, parking, and a communal pool, located in the exclusive El Higuerón area. This is a strategic location with sea views and direct access to the Mediterranean Highway (A-7), already one of the fastest-growing areas on the Costa del Sol.
A Renowned Developer in the Market
The project will be developed by Top Gestión, a leading real estate development company in Spain. With a portfolio of over 2,300 homes and a business volume exceeding €1.175 billion, the company specializes in comprehensive residential development management.
Top Gestión has a strong presence on the Costa del Sol, with projects in Fuengirola, Marbella, and Málaga, as well as key locations like Ibiza, Alicante, Madrid, and Guadalajara. The company has delivered over 150 homes in Fuengirola and has marketed more than 450 properties in the area.
Investment Strategy
This project follows a capital appreciation strategy, involving the acquisition of land and its subsequent development. Specifically, Urbanitae investors will co-invest alongside the developer in the purchase of the asset, which will be developed into a residential complex. They will also contribute to covering costs not financed by the bank. The developer will contribute 25% of the necessary capital for the operation.
Urbanitae investors will participate with a total investment of €5,000,000—which includes €10,000 retained in the project vehicle for administrative and management expenses.
The project plans to apply for a construction permit in Q2 2025 and begin construction in 2026, with a structured financing plan in collaboration with top-tier financial institutions.
In this video, we explain the key aspects of the project: