Maslow Capital, a leading pan-European provider of real estate finance, has announced the completion of an €8.24m development facility for Aurea Villas, supporting the delivery of a 10-villa residential scheme in Estepona, Málaga, on Spain’s Costa del Sol.
Aurea Villas is located in an established residential setting close to local amenities and lifestyle infrastructure and is positioned directly opposite Estepona Golf. The scheme sits within the wider Marbella–Benahavís–Estepona “Golden Triangle” catchment, which continues to attract domestic and international demand for high-quality residential product.
The financing supports delivery in a market where new-build villa supply is often limited, particularly in well-connected coastal locations. Estepona also benefits from access to Málaga Airport, supporting its appeal to international buyers and second-home purchasers, alongside owner-occupiers.
Real estate advisory firm RiskLink acted as introducer and adviser to the borrower.
The transaction reflects Maslow Capital’s continued ability to support high-quality schemes across Spain, underpinned by on-the-ground origination and execution capability. Maslow Capital structures tailored financing across bridging, development and bespoke lending solutions, with local teams supporting clients from acquisition through to delivery and stabilisation. This is particularly relevant where traditional bank funding can introduce structural constraints that materially impact project economics, including minimum pre-sale requirements, forced pricing discounts to accelerate sales, and limited flexibility to deploy deposits during construction.
Roger Ramos, Managing Director, Origination, Spain at Maslow Capital, commented: “Spain continues to be an important market for Maslow Capital, and our local team is focused on delivering certainty of execution for experienced sponsors. This facility demonstrates our ability to support well-located residential schemes with a clear delivery strategy, while partnering closely with borrowers to navigate the development process from start to finish.”
Mohamed Nedham Khonji, Director of Golf View Assets, said: “Securing this financing marks an important step in progressing Aurea Villas and delivering our vision for a high-quality residential scheme in Estepona. Maslow Capital’s pragmatic approach, reliability, and local market understanding made them the right funding partner for this project, and we look forward to working collaboratively as the development progresses.”
