Tourist & Residential
The asset is located on the beachfront, within the municipality of Casares (Málaga), located next to Estepona in Costa del Sol, one of the most popular touristic destinations in Europe. CG Capital Europe has acted as the exclusive advisor to the owner (a large institutional real estate investor with a broad international presence in Europe and USA).
The asset is comprised by 37 apartments that amounts to a total built area of 5,335 sq.m., 68 underground parking spaces (1,455 sq.m.) and 37 storage rooms. All the apartments have also a valid tourist apartment license. CG Capital Europe has managed to close this transaction with two reputable institutional investment funds brought to the transaction by CG Capital Europe