One of the most exclusive urbanisations in Southern Spain and arguably Europe, La Zagaleta in Benahavis, plans to export its formula to other countries, Sur in English reports. The development firm that owns the private estate has recently appointed a new president, German Oswald Grübel, the former CEO of two of the most important Swiss banks, UBS and Credit Suisse.
Grübel lives on the estate and was already a board member. This latest appointment completes the renovation process that began at the end of last year when Jacobo Cestino was named director general. The new La Zagaleta project aims not only to establish the estate’s position as the most exclusive place to live on the continent, but also to branch out internationally. The possibility of investing in projects in Greece, Turkey and Germany is being studied said sources from the firm, who stressed that their financial situation, with profits and no debts, puts them in an optimum position to grow. While the rest of the real estate sector has been practically flattened by the crisis, the luxury end of the market where La Zagaleta moves, attracting wealthy and mainly foreign clients, has escaped the turbulence. Its shares on the Swiss stock exchange have not been affected by the Spanish crisis. Not only is La Zagaleta considered one of the most exclusive places to live in Europe, it is also among the safest. Its properties are either the permanent or holiday homes of business leaders from all over the world. Around 30 per cent of property owners are British and the same proportion are German. The rest are Swiss, Danes, Spaniards and Arabs. For its international expansion La Zagaleta’s strategy is to form an alliance with an international group that works within the luxury sector and not to move from within the margins of exclusivity that have become its hallmark. La Zagaleta covers 900 hectares of land with its own road infrastructure that can be accessed at two points along the Ronda road. The no more than 230 properties are worth between four and 30 million euros, according to Sur in English. The estate also boasts two golf courses, a riding club with 23 stables, tennis courts and a heliport. There is room to grow to a maximum of 420 properties, all between 3,000 and 10,000 square metres each. La Zagaleta employs 180 people. Despite wanting to keep its current low profile the company that owns La Zagaleta will continue to organise the Brand and Trend Forum. The first two editions of this event in Marbella were attended by executives from leading firms.
One of the exceptional luxury villas currently for sale in La Zagaleta Country Club is this ultra-modern villa surrounded by spectacular landscaped gardens and boasting marvellous panoramic views towards the bay of Marbella and Sierra Blanca. Space demonstrated through the generous sizes of the rooms throughout is a predominant characteristic of this property which has been designed for maximum enjoyment and entertaining making this the ideal family home. The property is approached via a sweeping driveway leading onto a large private parking area, with enclosed garage accommodating up to 4 cars. Set over 3 floors, with each floor accessible via an elevator, the accommodation comprises of a large porch leading out to the exterior swimming pool, spacious lounge with high ceilings opening on to a dining room with picturesque views to the coast and luxurious fully equipped kitchen with centre isle. The living accommodation is completed with seven spacious bedroom suites, each with their own bathroom and terrace. In addition there are a complete range of leisure facilities where one can work out or just simply relax including a fully equipped gymnasium with state-of-the-art exercise equipment, a TV room and mini cinema, indoor heated pool and spa, bar and entertainment area, wine cellar, library and study. There is also separate accommodation for staff and the outdoor infinity pool is surrounded by two vast open terraces, designed for outdoor living during the warm Spanish evenings. The quality of the materials selected in the construction of this property mark the difference with beautiful stone floors, noble wooden materials such as oak, and a careful design of the bathrooms with fittings sourced from the most recognized International brands all creating a perfect and harmonious home. This is a naturally privileged location embraced by the magic of the Mediterranean with an incomparable beauty, where just a select few can find relaxation and peace. For more information about this luxury villa for sale in La Zagaleta click here
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