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Costa del Sol’s new state-of-the-art luxury residential property: Picasso Towers

Malaga’s 320 days of sun a year is an asset that Picasso Towers have harnessed…

Malaga’s 320 days of sun a year is an asset that Picasso Towers have harnessed in both the exterior and interior of the property via a detailed study measuring sunlight according to seasons and time frames.

Picasso Towers is the latest addition to Malaga and Europe’s residential world-class choice. The exclusive £200 million development created by leader property developer Metrovacesa and luxury specialist Sierra Blanca Estates involves three towers featuring 213 luxurious apartments.

This project is a reflection of the renaissance that Malaga has undergone in the last two decades. Recently, Malaga’s economy grew 4.47%, positioning the city as one of Europe’s top residential and holiday destinations.

The popularity of the city and Costa del Sol region has soared due to national and international investment, and it is no surprise that British are the main international buyers of second residential properties in south Spain followed by North Americans, Germans, Belgians, Dutch and Scandinavians.

Sport celebrities such as Spanish Real Madrid midfielder, Isco and tech entrepreneurs have acquired some of these exclusive apartments in Picasso Towers. The Real Madrid star who recently bought a residence at Picasso Towers, explained: “I don’t think there is any other similar project to this one in Southern Europe. This luxury development is very attractive due to the fantastic weather of my city”.

This high-end premium residential development with the qualities and amenities of a luxury villa ranges from £640k to £2.5M for the 4,348sq. ft. penthouse.

The Spaniard and his family will enjoy a unique and exclusive range of services such as private cinema and keep his physique in check with the stunning spa-gym covering over 650sq. ft. He will be able to take advantage of a nursery for when his family gets bigger, as well as co-working areas, playroom, a co-working area, restaurants and shops, the latest technology, security and health safety, and all with a unique view of the Mediterranean Sea from Picasso Towers’ 3 infinity pools.

According to Carlos Rodriguez, CEO at Sierra Blanca Estates Developments “Buyers are drawn to the exceptional services that will be provided to all owners and residents in Picasso Towers, which are the epitome of true luxury residences”.

Picasso Towers are decorated by top interior designers and the award-winning architect Carlos Lamela, known for designing Amsterdam’s Schiphol airport, Madrid’s new Barajas airport terminal and the renovation of Real Madrid’s Santiago Bernabeu football stadium. Isco, who confesses his happiness with this real estate investment explains that “it is extremely positive to know that local real estate as Sierra Blanca Estates, Metrovacesa and firms such as Estudio Lamela are involved in this stunning project.”

Picasso Towers, a turnkey development in Malaga, which in recent years has undergone a true makeover thanks to Spanish and international investment.

More than a quarter of the apartments are already sold to buyers from Europe, Middle East and the United States. Referring to the new purchasers, Daniel Raya, Land Development Manager at Spanish leading real estate Metrovacesa said “They choose Picasso Towers for its high quality, prime location, astonishing sea views, the pleasant Mediterranean climate and the fact that Malaga is the fastest growing city in Spain at the moment.”

The first phase of Picasso Towers apartments will be ready by the end of 2021, and the whole resort is expected to be completed by 2023. END

About Metrovacesa
Metrovacesa builds innovative and sustainable housing, unique and welcoming homes following the highest quality, design, and safety standards.The property firm determined to create spaces that combine sustainability and comfort. Metrovacesa counts with the best architects, interior designers, and local suppliers to offer you spaces that are worth living in, paying attention to the small details and providing high-end design solutions. Every real estate property that Metrovacesa develops is projected following the most stringent criteria in terms of energy saving and respect for the environment.

About Sierra Blanca Estates Developments
Sierra Blanca Estates Developments is a luxury property developer since 1986 operating exclusively in prime residential areas in southern Spain offering premium luxury residences in villas and apartments. The group offers fully integrated services to its exclusive clientele, real estate brokerage, conceptualization, design and turn-key projects to the highest standards in quality control with innovative and advanced building technology. Sierra Blanca Estates Developments’ philosophy is to offer to the most innovative high-end residences to investors and end-users alike always providing a substantial return on investment and the ultimate in luxury living.

Media contact:
Roman. Reputation Matters London t + 44 207 009 2008 / m + 44 7511 388809
Nuria Corominas-Rovira: n.corominas@romanrm.com / Alba Regidor: a.regidor@romanrm.com / Álvaro Litrán: a.litran@romanrm.com

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