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Investment group buys 430 holiday apartments in Estepona, Valle Romano.

  • Investment Costa del Sol

In Costa del Sol   Valle Romano is a large residencial area  surrounded by  a 18 holes Golf Course  on the west side of Estepona . This new project  Golf & Resort  Residential Apartment, is located on the famous Costa del Sol, between Estepona and Sotogrande and  is a high-quality residential estate built around a first-class golf course.

Investment Costa del Sol

The investment group HIG Capital has bought 430 tourist apartments  and   the property deal, valued by sources close to the transaction at 32 million euros, also includes  garage spaces, storerooms and 12 business premises.

The properties purchased by HIG amount to the equivalent of 46,000 square metres and come with facilities such as swimming pools,  gym, restaurants and padel courts.

Many of this  430 new apartements  are currently managed by the Meliá group under the name Tryp Estepona Valle Romano Golf. The property deal paves the way for the rest of the properties to be managed by Meliá in the future.

The managing director of  HIG in London,  Riccardo Dallolio, pointed out that this is the firm’s seventh investment in Spain in the last three years, describing this country as “a key area for our European strategy”.

Just one year ago,  Valle Romano started to carry out urbanisation  work to improve road links and utilities for the houses and apartment blocks that are being built in this area of real estate expansion.GlamourHouses Campo-de-Golf

It is a luxury, high-quality urban development in a privileged location, lying between the sea and the mountains.

In this unique enclave, as attractive for its location as it is for its range of services and easy acces, with 122 hectares where luxury properties share the space with a stunning 18-hole golf course, where is possible to  practice  this  sport 365 days a year.

An exceptional golf course, constructed to meet the highest quality standards used by the United States Golf Association, with a “Tif sport” grass surface, certified by the University of Georgia, and a latest technology irrigation system. The Golf Course has been created by Cabell B. Robinson, one of the best golf course designers in the world.

 

 

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