A New Gem in Abu Dhabi’s Crown: La Zagaleta

In a significant move, Abu Dhabi-based Modon Holding has snapped up one of Europe’s premier luxury housing developments—La Zagaleta on the sun-kissed Costa del Sol. This sprawling estate in Benahavís spans a jaw-dropping 900 hectares, boasting not one but two world-class golf courses and even its own private heliport.

This acquisition marks Modon Holding’s maiden foray into the European real estate market, aligning perfectly with their ambitious international expansion and investment strategy. And what a debut it is!

La Zagaleta, renowned for its opulent offerings, features over 400 luxury villas, with some fetching prices as high as €34 million. But that’s not all—the estate also includes prime land ripe for future development.

Adding to the allure is the inclusion of the Majarambuz project, historically known as Valderrama II. This exciting venture is part of the broader development plan for Castellar, near the upscale area of Sotogrande, and is well underway.

Jassem Mohammed Bu Ataba Al Zaabi, the visionary chairman of Modon Holding, hailed the La Zagaleta acquisition as a “significant milestone” in their global expansion efforts, reflecting their commitment to creating unparalleled luxury housing on a grand scale. “The potential to continue the legacy of La Zagaleta, extend it to the entire Majarambuz development, and the potential to expand the Zagaleta brand internationally, will be a key part of Modon Holding’s strategy for this acquisition,” he said.

Ignacio Perez, executive chairman of La Zagaleta, added that the scale of Modon Holding’s investment ‘will allow La Zagaleta to realize the next phase of its vision, explore the full potential of the brand and the experience of La Zagaleta, and we look forward to the journey that awaits us’.

Bill O’Regan, CEO of Modon Holding, echoed this sentiment, emphasizing that La Zagaleta’s location epitomizes the pinnacle of luxury, privacy, and security.

With this stellar addition, Modon Holding is poised to redefine luxury living in Europe. Stay tuned for more updates as this prestigious development continues to evolve.

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Looking Ahead: The Future of La Zagaleta and the Costa del Sol

The acquisition of La Zagaleta by Modon Holding marks a significant milestone in the ongoing evolution of the Costa del Sol. This luxurious enclave, already renowned for its exclusive amenities and stunning natural surroundings, is set to benefit from innovative developments and international investment. The introduction of new projects like the Majarambuz/Valderrama II promises to enhance the region’s appeal, offering unparalleled luxury living experiences.

This wave of development brings with it numerous benefits, including job creation, economic stimulation, and a boost to the local real estate market. As Modon Holding brings its vision to life, La Zagaleta is poised to become an even more prestigious and sought-after destination for discerning buyers from around the globe.

With a commitment to sustainability and cutting-edge design, the future developments at La Zagaleta will set new standards for luxury living while respecting the environment. The Costa del Sol’s blend of breathtaking landscapes, vibrant culture, and world-class amenities continues to captivate and attract international interest. As we look ahead, the Costa del Sol’s star is clearly on the rise, heralding a bright and prosperous future for this magnificent region.

Stay tuned for more exciting updates as the transformation unfolds.