Abu Dhabi’s Modon Holding Acquires La Zagaleta Luxury Estate
Modon Holding P.S.C., based in Abu Dhabi, has recently announced its acquisition of the entire company that owns the prestigious La Zagaleta luxury residential estate in Benahavís. This marks the first venture of the Emirates group into the high-end European real estate market.
La Zagaleta Set for Expansion Under New Ownership
With this acquisition, La Zagaleta is poised to embark on its next phase of expansion. The estate aims to leverage the strength of its brand and experience, as stated by the company’s executive chairman, Ignacio Pérez. However, the financial details of the transaction remain undisclosed.
La Zagaleta: A Glimpse into Europe’s Most Exclusive Residential Estate
Located just 20 minutes from Marbella, La Zagaleta is recognized as one of the most exclusive residential estates in Europe. The estate spans 900 hectares and has the capacity to accommodate more than 400 villas, each with their own private land. The estate also boasts two golf courses, two private club houses for members, an equestrian centre, a private heliport, and sports facilities.
