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Showing posts from January, 2016

Developers Zagaleta Ltd to buy Valderrama golf.

This new development is set to become one of the most exclusive golf projects in Europe. The luxurious project called Valderrama 2 of over 200 hectares , in the Castellar municipality will consist of a  hotel and possibly some residential homes built to the standard in La Zagaleta’s, where homes start from around €3 million. Zagaleta, just outside Marbella, is Spain’s most luxurious residential development with many celebrity residents, while Valderrama’s golf course has known international prestige since it hosted the 1997 Ryder Cup. The Valderrama purchase itself is reported to be €40 million, while the total investment, building another Championship golf complex ‘of the highest level’ is set to reach around €240 million. The project will unfold over the next decade, and La Zagaleta group has expressed its cooperation with the Real Club Valderrama, to preserve the exclusivity that the brand has built up over many years to become a European landmark.