Abu Dhabi’s Modon Holding acquires Spain’s luxury La Zagaleta estate

The acquisition is seen as a major step in Modon Holding’s drive to further diversify its global portfolio, with a special focus on luxury residential communities in high-demand international markets

Modon Holding, the Abu Dhabi-based holding company, has completed the acquisition of 100 per cent of La Zagaleta, the owner of the ultra-luxurious La Zagaleta residential estate in Spain’s Costa del Sol.

The acquisition marks a significant step in Modon Holding’s international expansion strategy, further solidifying its presence in Europe’s competitive luxury real estate market.

La Zagaleta, located in the hills of Benahavís and just 20 minutes from Marbella, is one of the world’s most exclusive and prestigious gated communities.

Spanning nearly 900 hectares, the estate features over 400 luxury villas and plots, two private golf courses, an equestrian centre, sports facilities, and a private helipad, all set amid natural surroundings that provide breathtaking views of the Mediterranean, the Andalusian mountains, and the north coast of Morocco.

Residents of La Zagaleta enjoy unparalleled privacy and security, with easy access to the region’s iconic coastline and vibrant beach towns.

The estate’s land area extends to approximately 2.7 million square metres, presenting Modon Holding with a substantial development pipeline, including plans for additional luxury residential units and a hospitality offering on the property.

The acquisition also includes Majarambuz, a planned development within the Castellar Development Plan near Sotogrande, historically known as Valderrama II.

This land bank, totalling 2.2 million square metres, is in the process of being urbanised and will add further value to Modon Holding’s growing portfolio.

Modon Holding: A strategic move for international growth

Jassem Mohammed Bu Ataba Al Zaabi, chairman of Modon Holding, said: “The acquisition of La Zagaleta is an important milestone in Modon Holding’s strategy to pursue international growth, supporting our vision to develop new possibilities for scaled luxury living. La Zagaleta ranks among the world’s most prestigious and exclusive private communities and is a remarkable addition to the Modon Holding portfolio.”

“This acquisition sets a benchmark for future expansion, fully aligned with our ambition to consistently surpass expectations and brings new potential and capability to our international real estate strategy,” he added.

Modon Holding, known for its diversified real estate investments in the UAE and beyond, aims to extend the La Zagaleta brand and legacy across Europe and internationally. This move underscores the company’s strategy to acquire high-end properties in prime locations that align with its focus on delivering exceptional luxury experiences.

Expanding the legacy of La Zagaleta

Bill O’Regan, Group CEO of Modon Holding, highlighted the appeal of La Zagaleta’s established reputation for quality and its commitment to sustainability. “With an established reputation for outstanding design, diverse leisure and luxury amenities, and careful stewardship of the natural environment, La Zagaleta offers a location where luxury, privacy, and security are assured,” said O’Regan. “The potential to carry on La Zagaleta’s legacy, extend it across the Majarambuz development, and expand the Zagaleta brand internationally, will be a key part of our strategy for this acquisition.”

The La Zagaleta estate, with its world-class facilities and natural beauty, is well-positioned to attract high-net-worth individuals seeking an exclusive, private lifestyle. With Modon Holding’s backing, La Zagaleta is expected to further enhance its reputation and grow its global footprint.

Ignacio Perez, executive chairman of La Zagaleta, expressed confidence in the future of the estate under Modon Holding’s ownership. “The success of La Zagaleta is built on an absolute commitment to quality in every aspect of the community, which we believe offers our residents an unrivalled luxury and safe living experience,” said Perez.

“The added scale that comes with Modon Holding’s investment will allow La Zagaleta to realise the next phase of its vision and explore the full potential of its brand. We look forward to the journey ahead with great excitement,” he added.

The acquisition is seen as a major step in Modon Holding’s drive to further diversify its global portfolio, with a special focus on luxury residential communities in high-demand international markets. The addition of La Zagaleta complements the company’s broader strategy of fostering innovation in real estate development while maintaining a commitment to sustainability, exclusivity, and premium living standards.