Luxury real estate in Spain: a market reaching historic figures

Aspects such as sustainability, technological innovation, and privacy are reshaping the concept of luxury, now more closely linked to a holistic lifestyle.

Aspects such as sustainability, technological innovation, and privacy are reshaping the concept of luxury, now more closely linked to a holistic lifestyle.

The Cazorla - Piemonte III project continues the development of two luxury villas in Marbella, with a 60% construction progress.

The project involves the development of six luxury residences—one of which is already reserved—with a 15% preferred IRR for Urbanitae investors.

The luxury real estate market in Spain has shown great resilience

We continue the development of Villa Alcalá, an exclusive home in Nueva Andalucía, Marbella, with Cogitari Homes. This time, with a 10% loan over 15 months.

The developer will close 2024 with the delivery of 1,500 homes and a portfolio of over 18,000 units in Spain and Portugal, 9% more than in 2023.

We are financing the development of 22 luxury homes in the Lisbon district, with construction 45% complete and a preferred IRR of 15% for Urbanitae investors.

In this case, it is a 21-month loan at a fixed rate of 10% to develop six prime homes in El Plantío, Madrid.

Which are the most desired complexes among luxury investors? We highlight eight locations known for their consolidation, international prestige, and average price.

This is the second tranche of debt to the developer SB Property Group to continue the renovation of a luxury villa in Marbella, with a 28% progress.