Firce Capital, an international real estate company

launchs the development of a unique luxury program in the heart of Marbella

Designed by the architect Ernesto Palanco, the complex is located in one of the few free plots in the city center

The works of ‘La Fuente’ will last from spring 2021 to 2022

Marbella, October 13, 2020. Firce Capital, an international real estate company, will build an exclusive complex of 15 luxury villas in Marbella. It will be located in the area known as ‘La Fuente’, one of the few free plots currently existing in the urban area of the city and located next to the Vigil de Quinones. The project construction will start from Spring 2021 and will be ready by 2022. With this project, which will be marketed exclusively by Engel & Völkers Marbella Golden Mile, it is once again demonstrating that real estate development in Marbella does not suffer the consequences of the health crisis.

The new real estate development was presented this morning at a press conference by the Councilor for Urban Planning, Francisca Caracuel, the CEO of the International real estate company Firce Capital, Christophe Fournage, the director of the Engel & Völkers Marbella Golden Mile office, Smadar Kahana. ‘La Fuente’is one part of the investment  that Firce Capital plans to make  in Spain.  Firce Capital, is a powerful European Real Estate company that manages a portfolio of assets of 400,000 m2 and over 2 billion euros in France, Luxembourg, Spain and Portugal. Until now, it had focused on the residential, office and retail sectors, as well as the ‘mix-use’, but its managers understand that it is time to take a leap towards luxury residential and their bet goes first to the Coast del Sol.

Christophe Fournage, President of Firce Capital explains:.” We are very pleased to invest in Spain, and especially in Marbella this magnificent region, which has become one of the most attractive and probably the most cosmopolitan in the whole of Spain. Our project in Marbella is partly aimed at a new clientele called “Next-pats”. These citizens (80% European) wants a beautiful, comfortable and ultra-connected environment. To  succeed these, they are dissociating the country or countries of their professional activity from their country of residence.. Of course, they need to use  new technologies and international transport infrastructurs » Firce Capital’s has been particularly visionary, with current circumstances who have reinforced the need for a natural and “cool” living environment and limited travel.

This is why, after the development of the ‘Abantos Hills’ development in Benahavís, of exclusive homes in the exquisite urbanization of Monte Mayor, the following project will be carried out in the center of Marbella, with sale prices of between 1.9 and 2,9 million euros. The company acquired a 1.5-hectare plot of land in one of the most emblematic areas of the city, the start of the Golden Mile and a few meters from the beach, and they already have a building license. In fact, ‘La Fuente’ was the first project to obtain municipal permits in collaboration with the College of Architects of Malaga in times of Covid. All the houses will be built at the same time, so the project will employ about 200 people.

The exclusive complex has been designed by the architect based in Marbella Ernesto Palanco, member of DOM3 and that guarantees a Mediterranean and timeless style. In this case, characterized by the predominance of natural light and the use of the best quality materials, with an infusion of stone and noble wood to complement the elegant white walls. Surrounded by lush natural gardens and next to the Parque Vigil de Quiñones, ‘La Fuente’ has been conceived as an oasis of privacy and tranquility that respects the already existing trees.

Its managers highlight “the uniqueness” of finding a similar project in the urban environment of Marbella, since its excellent location allows quality of life and tranquility with all the services at your fingertips, without having to take the car. The 4-bedroom homes are particularly suited to the plot with a selection of different options, but all positioned to create a personal oasis and maximize views. “Engel & Völkers is very satisfied to be chosen as the exclusive real estate agency for the sale of this extraordinary project. La Fuente is absolutely the best project to be built in Marbella in recent years! Many clients, both national and international are looking today for a safe community, new villas and that are within walking distance of the beach and all the amenities in the center of Marbella. This product did not exist: a gated community of newly built villas in such a central location as the start of the Golden Mile is a dream come true. We are more than convinced that these magnificent villas will sell very quickly” Smadar Kahana, Director of Engel & Völkers declared.

The design of ‘La Fuente’ was already ahead of the trends in the taste of customers that have been confirmed after the confinement forced by the coronavirus pandemic, and that can be summarized in privacy and large spaces, preferably with a garden and private pool.

Thus, inside each villa, the large common spaces such as the living room, dining room and kitchen open onto large covered terraces with views of the pool and the well-kept gardens, as well as a solarium from which to admire the mountains or the sea. Each home can also be customized according to the buyer’s tastes with an office area, private gym, spa, cinema and / or entertainment area. An excellent way to enjoy a modern community of Mediterranean villas that brings the best of contemporary style, technology and luxuries accompanied by an environment that provides a superlative quality of life.

 

About Firce Capital

Firce Capital, founded by Christophe Fournage and Eric Pinon, is a global real estate asset manager that manages assets over two billion euros, in Luxembourg, Spain, France and Portugal. Its activity focuses on the development of real estate assets with high added value, as well as the management of a volume of 400,000 m² of offices, retail and residential.

About Engel & Völkers Marbella Golden Mile

Engel & Völkers is one of the world’s leading service companies specializing in the brokerage of luxury residential properties, commercial real estate, yachts and aircraft. Present in more than 800 locations in 34 countries on 4 continents, Engel & Völkers offers both private and institutional clients a wide variety of professional services to suit them, providing access to a wide range of potential international buyers and with a proven track record of success during years. Consulting, sale and rental make up the key competencies of the more than 12,837 people who are part of E&V.

Kinvara Vaughan

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