Maslow Capital provided a €62.7 million facility to developer Propea La Sella, a company backed by Valencian developer Blauverd, to finance the acquisition and construction of a new residential community comprising 131 single-family homes within the Denia Marriott La Sella Golf Resort & Spa.
Located in Dénia, Alicante, construction of the 131-home development is expected to begin in October 2026. The scheme will have a total buildable area of approximately 22,800 sq m, with homes averaging around 174 sq m and featuring terraces, solariums, private gardens and parking. The development features various swimming pools, gyms and landscaped grounds.
Situated between Dénia and Jávea, close to Montgó Natural Park, the development is located in an established Costa Blanca destination attracting strong domestic and international demand. The area is particularly popular with second-home buyers and residents seeking high-quality homes within a resort setting.
Francisco Conde, Director, Origination, Spain at Maslow Capital, said: “This transaction reflects Maslow Capital’s ability to support experienced sponsors from site acquisition through construction. La Sella benefits from strong domestic and international demand, an established resort setting and the enduring appeal of the Costa Blanca. These fundamentals make it a compelling location for a high-quality residential development delivered by a developer with more than 40 years’ experience.”
Vicente Girbés, Director of Business Development at Blauverd, said: “Maslow Capital understood both the ambition of the project and the practical requirements involved in delivering it. Its support gives us the funding certainty to move forward with confidence and bring a high-quality residential community to this exceptional location.”
The transaction further strengthens Maslow Capital’s activity in Spain, where it has built a proven track record across the residential, logistics and hospitality sectors.
Recent activity in Spain includes a €40 million facility provided to Dunas Capital Real Estate for the development of Alma Meco, one of the country’s largest logistics projects; financing for Selecto’s first hotel portfolio, backed by Tikehau Capital and Quest Capital, with a gross development value exceeding €200 million; and a €44.2 million facility for the development of 88 homes in Marbella.