Wilma Europe Holding enters the luxury Spanish real estate market together with Sierra Blanca Global
Last 2nd of April, Wilma Sierra Blanca celebrated a press conference at the Townhall of Benahavis to announce the the joint venture between Wilma Europe Holding and Sierra Blanca Global.
Wilma Europe Holding, touches down in Spain thanks to the construction company Sierra Blanca Global to promote distinct luxury property projects in the Costa del Sol. The first of these, The View Marbella, which already has its planning permission, entails a development value of 130 million euros.
Under the name Wilma Sierra Blanca, the joint venture makes its debut in Spain with the acquisition of approximately 50,000m2 of land in the area of Benahavís, where The View Marbella will be built. An ambitious project of more than 120 luxury apartments with a spa, pools, landscaped gardens, 24h private security and exclusive concierge services. But what distinguishes the project is its impressive panoramic views thanks to the circular glass design of some apartments, into which exclusive solar protection technology will be incorporated to ensure both comfort inside and energy saving.
For the architectural design of The View Marbella, we have had to bear in mind each criteria of construction, engineering and amenities, from decoration to home automation, in order to achieve total integration from the start. The View Marbella boasts an A energy certificate, leading the market for such projects. With all of this, Wilma Sierra Blanca is looking to set a benchmark in the construction and luxury property development sector in the Costa del Sol. The properties have a starting price of 609,000 euros and they are aimed at Norwegian, Swedish, Danish and particularly Belgian and German buyers, who in recent years have shown particular interest in the Costa del Sol.
The first Real Estate Project
The View Marbella, the first project of Wilma Sierra Blanca on the Costa del Sol will have a final market value of 130 million euros, and will generate 250 direct job opportunities in the area during peak periods, a figure that doubles if indirect employment is included. The completion date is predicted to be spring 2021.
There are already numerous reservations made by northern and central Europeans seduced by the timeless and spacious design, highest qualities, top luxury amenities and its beautiful, peaceful, secure and also accessible and convenient location above the Golf valley.
The View Marbella will be the first of Wilma Sierra Blanca’s real estate projects to be developed in prime areas of southern Spain, a destination that is becoming increasingly preferred by central Europeans. As part of an ambitious expansion plan, the board of directors is studying other projects for future investments.
Pedro Antonio Rodríguez, managing partner of Sierra Blanca Global and Wilma Sierra Blanca, stated that “Wilma comprises of a total of 300,000 projects and a history of 450,000m2 of constructed land, and our synergy with Sierra Blanca Global signifies a strategic step for our diversification into the luxury property sector in Spain.”
Also he highlighted that both of these companies and Wilma Europe Holding “are very aligned, as they share the same values and it is for that, with the creation of Wilma Sierra Blanca, we are shaping long term prospects and are convinced that we will establish fruitful relations with new alliances in the sector.”