Developers launch 250-million-euro residential complex in El Higuerón

Ana Mula and founders of Urbania opened the cycle track running through the complex's green areas.
Ana Mula and founders of Urbania opened the cycle track running through the complex's green areas. / I. G.
  • Urbania International plans to build a thousand homes on an area of land covering 500,000 square metres

Developers Urbania International launched the first phase of the Higuerón West 217 project in Fuengirola on Monday.

The 250-million-euro scheme involves the construction of a luxury apartment complex in the Higuerón Capellanía area in Fuengirola next to the Reserva del Higuerón DoubleTree by Hilton Resort and Spa.

The new residential project, which has been described as “sustainable and innovative”, has been designed by the Broadway Malyan architecture and design studio. The complex will be surrounded by 100,000 square metres of nature, gardens and sports facilities.

The launch of the initial phase of the new development was attended by the mayor of Fuengirola, Ana Mula, along with the founders and partners of Urbania International, Mark Farber and Tomás Gasset. Mula highlighted the close collaboration between the town hall and Urbania that has enabled the project to get off the ground.

“It's a different product that is going to generate significant wealth and a lot of jobs. Attracting investment of this magnitude puts Fuengirola on a level with other Costa del Sol municipalities and in a better position than others that haven't got their planning in order,” said the mayor.

The founding partner of Urbania International, Tomás Gasset, offered details of the project and thanked Fuengirola town hall for its “receptiveness and understanding”.

Gasset went on to explain that the firm would invest 250 million euros over the next four years to build around a thousand homes. This, he said, would create a thousand jobs - directly and indirectly.

“One of the main differences,” he said, “is that this is not a development aimed just at foreign buyers but it is open to all nationalities, including Spanish people looking for a first residence.”

First phase

Further information provided by the firm reveals that the first phase of the project will include 76 apartments with two, three or four bedrooms with prices ranging from 289,000 to 775,000 euros. Modern construction materials are being used, said the representatives (“always respectful of the environment”), and design features will improve the properties' energy efficiency.

Higuerón West will be connected to the neighbouring Reserva del Higuerón Resort and residents will have access to the services and sports facilities, being members of the Sports Club and Nagomi Spa.

The future users will also have access to a beach club, swimming pools, electric vehicles, country footpaths, circuits for pedestrians and cyclists, nine restaurants, including one with a Michelin star, a coworking space and a concierge service, as well as business premises on the complex.

During its 15 years in Spain, Urbania International has built more than 2,000 homes in exclusive locations on the Costa del Sol, and has taken part in the restoration of old buildings in Madrid, Barcelona and Malaga.

The firm's most recent investments include Icon Marbella, which explained the firm, consists of 212 exclusive villas in Santa Clara Golf (Marbella), involving an investment of 150 million euros.