Spain

Grupo Insur invests €72M to launch 2 new residential developments in Marbella

Grupo Insur invests €72M to launch 2 new residential developments in Marbella
SOLEIL RESIDENTIAL DEVELOPMENT. IMAGE OF GRUPO INSUR.

Grupo Insur has launched two new residential projects in the Altos de los Monteros enclave in Marbella, with a combined investment of 72 million euros. The developments are Soleil, with 80 homes, and Origin, with 57 units, both aimed at the residential segment in one of the most active markets on the Andalusian coast.

Soleil will have two- and three-bedroom homes, all with large terraces and views of the Mediterranean Sea. The project, which involves an investment of 43 million euros, also includes penthouses with solarium terraces. The communal areas include an outdoor infinity pool, heated swimming channel, gymnasium, spa with Turkish bath, chill-out area with pool bar and social lounge.

For its part, Origin, whose construction work has already begun, will add 57 homes with an investment of 29 million euros. According to the company, the project will generate 421 direct and indirect jobs. The homes, with one to three bedrooms, will have terraces and communal areas that include a heated swimming pool, gymnasium, coworking room and social club with outdoor swimming pool. Completion of the works is scheduled for the summer of 2027.

Both developments are part of Grupo Insur's commitment to the Costa del Sol, where it plans to develop 900 homes this year, out of a total of 1,000 planned in Eastern Andalusia. With Soleil, the company adds its fourth project in Altos de los Monteros and its ninth in Marbella.

Juan Conejo, Grupo Insur's Director of Development in Eastern Andalusia, emphasised that ‘the two developments join Grupo Insur's commitment to the Costa del Sol, where in addition to Marbella, the company is promoting several projects in Mijas Costa and Estepona’.

In total, Grupo Insur has committed more than 405 million euros to the development of the more than 1,000 homes planned for this area. Currently, the developer has the developments Quintessence, Origin and Soleil (Marbella), Insur Scala (Estepona), Balance and Savia (Mijas Costa), and Las Terrazas de Macenas (Mojácar) being marketed in Eastern Andalusia.

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