Project La Algaba II | Malaga

• Debt project in Finca Cortesín

• Amount Tranche B: 2,525,000€ // Term: 19 months

• 10.75% Simple annual interest

• Minimum guaranteed return Tranche B: 13.44% (equivalent to 15 months of interest)

• Loan guarantees

     1. First rank mortgage on the asset

     2. Pledge of the project's bank accounts

     3. Cash sweep for 100% of the sale amount, both total and partial, of the underlying guarantee

We present the second tranche (Tranche B) of the loan intended to partially finance the outstanding construction costs of a luxury development of 5 blocks with a total of 19 homes in the Finca Cortesín complex, Casares, Malaga. Tranche A of this loan was granted by Urbanitae investors in October 2025, and construction is currently underway, with a progress rate of over 7%.

The project includes the construction of a development consisting of 5 blocks with a total of 19 homes located in the vicinity of the exclusive Finca Cortesín Hotel. All homes will have sea views, most will have a private pool and all will have private terraces, in addition to a communal pool with sea views and access to all the facilities of the 5* Finca Cortesín hotel, one of the most exclusive luxury complexes in Europe. Residents will have an internal cleaning, security and maintenance services team. Currently, 8 of the 19 homes are already marketed.

The project has a Building License granted in October 2025, with earthworks started in September 2025 and with a degree of execution over 7%. The developer expects to complete the project within a 24-month construction period from its start. 

The development is located a 5-minute drive from the 5* Hotel and Golf Finca Cortesín, within the Finca Cortesín complex, an exclusive complex with world-renowned services and golf course.

Casares, in the heart of the Costa del Sol, combines a natural environment with proximity to exclusive destinations such as Marbella and Sotogrande. In this privileged enclave is the Finca Cortesín Hotel, an international benchmark for luxury and exclusivity, whose prestige and first-class services add a unique added value to any residential development. The location within this complex guarantees exclusivity, security and an incomparable appeal for a high-income public seeking to acquire a home in one of the most distinguished areas of the Mediterranean.