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.
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