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Jacaranda III Project | Marbella

• Debt project in Marbella, Málaga 

• Tranche C Amount: 1,565,000€ // Term: 8 months 

• 9.75% Simple annual interest

• 6.50% total return 

• Loan guarantees

   1. First rank mortgage on the asset.

   2. Pledge of the shares of the SPV owning the asset.

   3. Pledge of the bank accounts of the SPV owning the asset.

We present the third tranche (Tranche C) of a loan granted in December 2024 by Urbanitae investors to Vesta Enterprises S.L., intended to finance the construction costs of two semi-detached villas located in Nueva Andalucía, Marbella.

The first tranche (Tranche A), formalized in December 2024, was used to finance the demolition costs of the existing single-family home on the plot, as well as its subsequent segregation into two independent plots, and the start of the construction of the luxury villas.

The second tranche (Tranche B), formalized in July 2025, was used to continue with the construction works of the project.

Currently, the project has a progress rate of over 46%, and it is expected that the works will be completed during the fourth quarter of 2026.

The project contemplates the development of two semi-detached villas, each with a built area of 466 m² on a plot of 972 m². The houses will have a basement and two floors above ground, and will include 3 bedrooms, 5 bathrooms and a toilet. In addition, both will have a gym, games room, garden with outdoor pool, outdoor kitchen and barbecue area, as well as several covered and uncovered terraces distributed throughout the house.

The development is located in Nueva Andalucía, one of the five districts that make up the municipality of Marbella, specifically in the prestigious residential environment of Las Brisas Frontline Golf. The house is surrounded by landscaped areas and natural vegetation, very close to the Las Brisas golf course, although not directly bordering it.

Marbella, located on the Costa del Sol, is one of the main destinations in the province of Málaga. It stands out for its wide beaches, natural spaces, numerous golf courses, exclusive residential developments, as well as a wide commercial and gastronomic offer. All this makes it one of the main tourist attractions, both nationally and internationally, especially among visitors with high purchasing power.