Maslow Capital provided a €11.2m development facility to support a five-home luxury residential scheme in Benahavís, Málaga, on Spain’s Costa del Sol, for KASA Developers, the development arm of Katch Investment Group.
Altura Residences is located in La Quinta, Benahavís, within La Alborada urbanisation, a sought-after residential enclave within the wider Marbella area. It will comprise five high-specification homes, each measuring 400 sq m, with exceptional panoramic see views, private outdoor space and pools.
The scheme has been designed to appeal to the upper end of the international prime buyer market that underpins demand across Costa del Sol sub-markets. Maslow Capital structured the facility to align with a phased build-and-sales strategy, supporting construction delivery where specification, programme certainty, and micro-location are central to value creation.
With local offices across eight countries, Maslow Capital combines on-the-ground origination with pan-European underwriting and structuring capability. The lender’s platform supports loan sizes from €5m to €750m in Europe, providing tailored solutions for developers and investors across a wide range of asset classes, including the living sector, hospitality, and logistics.
Francisco Conde, Origination Director at Maslow Capital, commented: “In markets like Benahavís, the micro-location matters as much as the headline destination, and buyers tend to prioritise privacy, layout, and build quality, all areas where this project is particularly strong. We approached this as a delivery-led facility, aligning funding with the construction programme and a sensible sales cadence. We are pleased to support KASA Developers and look forward to seeing the scheme progress through delivery.”
Youssef Sbai, Managing Partner at KASA Developers, added: “We are delighted to bring forward a gated community residence of five exceptional villas that reflect what this part of Benahavís demands. We were also pleased to forge this relationship with Maslow Capital, who moved quickly and brought clarity to the process from day one, with a pragmatic, solutions-led approach as the build programme progresses. The team has been highly responsive throughout, giving us confidence that we can stay focused on delivery and execution.”
