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Showing posts from December, 2015

Real estate giant Crystal Lagoons to invest €121 million in Europe’s first ‘megapool’ and resort.

It will be Europe’s largest outdoor swimming pool being similar to the one they have built in Chile. At a cost of €121 million the luxury resort is set to bring the biggest pool in Europe, with 450 homes scattered around it. The hectare and a half sit in Casares, Alcazaba Hills Lagoon will create a huge area for swimmers and for other water sports. Estimated to take eight months to build, some 350 new properties are part of the plans to be built alongside an existing 100 properties, which have sat unsold since 2009. Spelling great optimism for the abandoned development, the scheme plans to target wealthy European tourists, principally British, German and Dutch. The Estepona, Marbella and Mijas property landscape has seen a magnificent year with €376 million of investment scheduled in so far alone.