#Spain #Modon Holding #La Zagaleta #Marbella

Modon Holding Enhances Portfolio with La Zagaleta Acquisition

In a major strategic move, Modon Holding, based in Abu Dhabi, has completed the acquisition of La Zagaleta, a luxuriously exclusive residential golf estate located in the picturesque hills of Benahavís, near Marbella, Spain. This acquisition, which involves 100% of La Zagaleta S.L., represents a significant leap for Modon into the European luxury real estate market.

La Zagaleta is renowned for its grandeur and exclusivity, encompassing a sprawling 900 hectares of land that includes over 400 luxury villas, two prestigious golf courses, and numerous facilities designed for a premium lifestyle. With its own private helipad, this gated community promises not just opulence, but also a level of privacy and security highly sought after by affluent clients.

As one of Europe’s most coveted residential estates, La Zagaleta offers breathtaking views of the Mediterranean coastline, wildlife, and surrounding mountain ranges. Residents have access to a varied range of amenities, including fine dining options, a state-of-the-art equestrian center, and extensive sports facilities, all contributing to its unique luxury lifestyle. What's more, the estate's impressive land area of approximately 2.7 million square meters allows for ongoing development of additional luxury residential properties, further enhancing Modon's investment portfolio in Costa del Sol.

The acquisition aligns seamlessly with Modon Holding's wider strategy for international growth and investment. As stated by H.E. Jassem Mohammed Bu Ataba Al Zaabi, Chairman of Modon Holding, acquiring La Zagaleta is a hallmark step forward in expanding the company's footprint in the global luxury market. He emphasized that this purchase sets a standard for future endeavors, reflecting Modon's ambition to exceed client expectations and enrich their offerings.

In addition to the immediate benefits brought by La Zagaleta, Modon Holding aims to enrich the existing community and explore further opportunities with an extension project named Majarambuz. Previously known as Valderrama II, this development will add another dimension to La Zagaleta, with future plans to urbanize 2.2 million square meters of land, integrating environmentally conscious designs within protected green areas.

Bill O'Regan, Group CEO of Modon Holding, highlighted La Zagaleta’s established reputation for exceptional design and high-class amenities that resonate with the values of luxury, privacy, and security. O'Regan mentioned that alongside maintaining La Zagaleta's legacy, the company also envisions extending the brand’s reach; demonstrating Modon’s ambitious plans for international expansion in the high-end real estate sector.

La Zagaleta’s former executive chairman, Ignacio Perez remarked on the potential for new opportunities now that Modon has stepped in. With augmented resources and investment, he shared excitement about unlocking La Zagaleta’s full potential and continuing to elevate the quality of living experience for its residents.

This acquisition underscores Modon Holding's commitment to development and innovation, aimed at crafting extraordinary lifestyle experiences and vibrant communities. Their ambition extends beyond immediate developments to fostering sustainable living and smart community design.

For those interested in purchasing luxury residences or investing in forthcoming projects, more information can be obtained through leasing inquiries at Modon’s official website.

In conclusion, Modon Holding’s acquisition of La Zagaleta not only marks a significant milestone in the company's expansion strategy but also reflects its dedication to shaping future possibilities for luxurious living in prime locations within Europe.