At Urbanitae, we continue to focus on well-defined projects with attractive returns. Today, we present Villa Generalife III, the third and final financing tranche for a luxury villa located in Nueva Andalucía, Marbella. This new opportunity will open for investment on Tuesday, May 27 at 4:00 p.m. (UTC+2).
To learn more about this project, we recommend watching the webinar held for Tranche A.
Final phase of a high-end renovation
Villa Generalife III aims to finance the completion of a comprehensive luxury renovation. This new loan totals €725,000, with a 12-month term and a fixed annual return of 9.5%. The maximum investment per investor will be €2,000.
Structured as a loan, this final tranche closes out a project that began in February 2024. The villa is currently 44% complete, according to the April 2025 progress certificate. Works began immediately after acquiring the property under a fast-track building permit known as Declaración Responsable.
Once completed, Villa Generalife will feature six bedrooms, eight bathrooms, and a range of luxury amenities including a spa, heated pool, gym, cinema room, wine cellar, and rooftop leisure area with jacuzzi, bar, and mini-golf. Outside, it will include a large garden with a swimming pool, pizza oven, BBQ, and outdoor kitchen.
Prime location in Marbella
Villa Generalife is located in the exclusive Las Brisas Frontline Golf area, in the heart of Nueva Andalucía, Marbella—one of the most desirable and high-value locations in southern Spain. It’s surrounded by top-tier golf courses and just minutes from the glamour of Puerto Banús.
Marbella remains a hotspot for high-net-worth tourism and luxury real estate investment, making this property extremely well-positioned for resale.
Loan structure and guarantees
The three tranches (A, B, and C) of this project total €4,080,000. Tranche A (funded in March 2024) was used for partial acquisition and the initial phase of the renovation. Tranche B (July 2024) covered part of the construction and general costs. Tranche C will complete the renovation and cover remaining project expenses.
The project offers strong investor protections:
- First-ranking mortgage on the asset.
- First-ranking pledge on the shares of the SPV.
- First-ranking pledge on the SPV’s bank accounts.
As with all Urbanitae debt projects, a Project Monitor will oversee construction progress, verify monthly certifications, and authorize loan disbursements.