Activum SG develops luxury resi projects in Spain’s Costa del Sol region

Activum SG develops luxury resi projects in Spain’s Costa del Sol region

Published at: 2017-01-10 09:57 | Author: CIJ Journal
The newest fund established by Activum SG Capital Management has acquired two sites in Spain’s Costa de Sol region for luxury residential developments. The projects include the development of up to 40 prime condominiums with communal gardens and underground parking in Marbella as well as a 119-unit condominium development with a rooftop swimming pool on a plot in downtown Estepona, the beach resort near Marbella. The total cost of the investments including the purchase of the land and construction is estimated at €50m. No completion date has been announced. Activum SG’s Spanish affiliate, ASG Iberia, advised the fund on the purchase, while Ismael Mérida Arquitectos is assisting on the project.

Similar Stories:

Peter Noack, Zeitgeist: interest in rental housing to increase sharply in Czech Rep.
The Czech Republic is among the countries with the lowest share of rental housing in the E  »
Berlin’s battle over resi rents heats up with referendum call
With a rise in rent provokes anger in Berlin, some residents are hoping to put the squeeze  »
Rising residential prices driving up Prague rents
Demand for rental apartments is growing rapidly, driving up the price of rents, according  »
Kovanda: Flats in Prague could double in price by 2030
Prague is missing 20,000 flats, writes the economist Lukáš Kovanda, and with 160,000 new  »
Investors from China, Russia and other countries are leading a growing influx of foreign f   »
Czech Republic  ♦  Round Hill plots European growth
The buildings are located in Helsinki and in regional towns near the south of the country.   »
The 340 apartments, built in a total of nine buildings, have long since sold out as Slovak   »
Emotions are running high on the Romanian residential market where demand is outstripping   »