Skip to main content

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.

Comments

Popular posts from this blog

Sunshine, Seaside, and Financial Incentives: Property Investments Surge on the Costa del Sol Following Wealth Tax Elimination

Property investment on the Costa del Sol has grown increasingly appealing in 2024, largely attributed to its enhanced tax benefits for expatriates. One key development is the elimination of the wealth tax, which was formerly imposed on individuals with global assets over €700,000, affecting both residents and non-residents. This change has opened doors for affluent individuals considering buying properties and possibly settling in the region. This transformation is pivotal for potential investors, particularly when coupled with the area's array of tax incentives. These benefits include low inheritance or gift taxes, favourable rates for investment income and capital gains taxes ranging between 19% to 26%, and advantageous treatment of private pensions as investment income. Moreover, modifications to the Model 720 form, mandatory for declaring foreign assets over €50,000, have enhanced clarity and eased worries about hefty fines. Previously, non-compliance or errors in filing could ...

"Marbella Mosaic: Sports Triumphs, Healthcare Hurdles, and Cultural Flourishes on the Sunny Costa del Sol"

Marbella and its surrounding areas have been bustling with events, developments, and notable incidents in recent weeks, reflecting the dynamic nature of this popular Costa del Sol destination. Sports enthusiasts had something to cheer about as FC Marbella showcased their prowess with a 3-0 victory over Cártama, thanks to a stunning second-half performance. This local football action underscores the region's vibrant sports scene, which continues to draw attention and support from locals and visitors alike. The area's commitment to health and wellness was highlighted by the offer of high-quality, affordable hair transplants for less than €3,000 in Spanish clinics, demonstrating the Costa del Sol's growing reputation as a hub for medical tourism. However, the healthcare system faced challenges, as reports emerged of patients enduring over a year-long waits for surgery at a Marbella hospital, raising concerns about healthcare accessibility. Marbella's cultural landscape is ...

"Every Five for Festive Lights: Metro Trains on a Rapid Roll to Malaga's Yuletide Glow"

Starting this Friday, when Malaga's festive lights burst into life, the pulse of the city's metro services will quicken. From 5.30pm to 11pm, the heart of the city will pulse with trains arriving every five and a half minutes. The anticipation is building. November 24, circled in crimson in countless calendars, heralds the beginning of Christmas in Malaga. At 7pm, the city's authorities will unveil the seasonal splendour along the premier shopping avenue, Calle Larios, signalling the start of holiday festivities. An impressive array of over 2.2 million LED lights will adorn 500 thoroughfares, plazas, and landmarks, turning the city into a luminescent wonderland. This spectacle is set to draw throngs to the city's core. In response, Metro de Málaga is ramping up its train schedule, promising a train every 5 minutes and 20 seconds from November 24th, as announced on their X social media platform. This enhanced train schedule kicks off on the lighting ceremony day, offerin...