Abu Dhabi’s Modon Holding announced the completion of its acquisition of 100% of La Zagaleta S.L., the owner of the exclusive La Zagaleta residential estate in Costa del Sol, Spain. The acquisition marks Modon Holding’s entry into Europe’s luxury real estate market.
Located in the hills of Benahavís, just 20 minutes from Marbella, La Zagaleta is an ultra-luxury gated residential development offering a private and secure lifestyle. The estate provides residents with access to the Mediterranean coastline, vibrant beach towns, and the region’s scenic beauty.
“La Zagaleta is one of the world’s most prestigious private communities and a significant milestone in Modon Holding’s strategy to achieve international growth,” said Jassem Mohammed Bu Ataba Al Zaabi, Chairman of Modon Holding. “This acquisition enhances our portfolio and positions us to expand further into luxury real estate markets worldwide.”
