Maslow Capital, a leading pan-European provider of specialist real estate finance, has provided €44.2 million in funding for the development of a residential project by Concept Homes in Elviria West (Marbella, Málaga).
The financing will enable the completion of the development, which comprises 88 apartments across 11 buildings, together with 203 parking spaces and 88 storage units. The scheme is aimed at the high-end second-home market and responds to the strong international demand that continues to drive the Costa del Sol residential sector.
Located in Elviria West, one of the fastest-growing residential areas in East Marbella, the development will feature swimming pools, a gym, spa, coworking spaces and landscaped gardens. Designed by Ismael Mérida Arquitectos, one of the leading architectural practices specialising in high-end residential projects on the Costa del Sol, the scheme embraces architecture that blends seamlessly with its surroundings, open-plan living and high sustainability standards.
The development has attracted significant interest from international buyers, particularly from the Netherlands, Poland, Belgium, Sweden, the United Kingdom, the United States, Germany, Lithuania, the Czech Republic and Italy, reflecting Marbella's enduring appeal as one of Europe's leading residential markets.
The project is also targeting an EPC A energy rating and will incorporate solar energy and aerothermal systems, alongside a comprehensive construction waste management plan.
Francisco Conde, Head of Origination in Spain at Maslow Capital in Spain, commented: "Marbella is consolidating its position as one of Europe's most attractive residential markets, driven by strong international demand. We are delighted to finance a project that reflects this momentum and reinforces our commitment to supporting the development of best-in-class residential schemes across Spain."
This transaction further strengthens Maslow Capital's activity in the Spanish market, where the company continues to expand its presence through the financing of real estate projects across the country's key market segments. Having financed more than €10 billion of real estate projects across Europe, Maslow Capital combines deep local market expertise with strong structuring capabilities to support developers and institutional investors on projects of varying scale and complexity.
About Maslow Capital
Maslow Capital is a leading pan-European real estate finance provider with a track record of financing more than €10 billion of real estate projects. With local offices in eight countries, Maslow combines on-the-ground origination capabilities with pan-European underwriting and structuring expertise. The platform provides loans ranging from €2 million to €750 million across Europe, covering a broad range of real estate asset classes.