Financing the opportunistic acquisition and refurbishment of a residential complex in Estepona, Marbella with a potential sale price of €18.0mn. The development is located in El Paraíso, 20 minutes from the center of Marbella and 15 minutes from Estepona. The loan has been granted to a local developer with extensive experience in residential projects and a track record of more than 40 projects executed between Marbella, Ibiza and Madrid.
