Maslow Capital provides €63 m facility for residential development on the Costa Blanca

Maslow Capital has provided a €62.7 million facility to Propea La Sella, backed by Valencian developer Blauverd, to finance the acquisition and construction of a new 131‑home residential community within the Denia Marriott La Sella Golf Resort & Spa in Dénia, Alicante. Construction is scheduled to begin in October 2026.

The scheme will deliver 131 single‑family homes with a total buildable area of around 22,800 sq m. Homes will average approximately 174 sq m and feature terraces, solariums, private gardens and parking, alongside shared amenities including swimming pools, gyms and landscaped grounds. Positioned between Dénia and Jávea and close to Montgó Natural Park, the development sits within one of Costa Blanca’s most established resort destinations, attracting strong domestic and international demand from second‑home buyers and residents seeking high‑quality homes in a resort setting.

Francisco Conde, director, origination, Spain at Maslow Capital, said the transaction demonstrates the firm’s ability to support experienced sponsors from site acquisition through construction. He highlighted La Sella’s strong demand fundamentals and Blauverd’s 40‑year track record as key strengths underpinning the project.

The financing further strengthens Maslow Capital’s activity in Spain. Recent transactions include a €40 million facility for Dunas Capital Real Estate’s Alma Meco logistics project, financing for Selecto’s first hotel portfolio backed by Tikehau Capital and Quest Capital, and a €44.2 million facility for the development of 88 homes in Marbella.