Rafa Nadal to Invest €200 Million in Luxury Housing Development on the Costa del Sol

The tennis legend enters the real estate market with an exclusive residential project in Estepona and Marbella

Spanish tennis icon Rafa Nadal is making a major move into the luxury real estate market with a €200 million investment in high-end residential developments along the Costa del Sol. Partnering with former Foreign Affairs Minister Abel Matutes, Nadal has launched a new property firm, Palya Investe, which has formed a strategic alliance with renowned Marbella-based developer Sierra Blanca Estates.

Together, they plan to develop 100 luxury homes in two of the most sought-after locations in southern Spain: Estepona and Marbella.

Prime Locations: Los Llanos (Estepona) and Nagüeles (Marbella)

The real estate plan consists of two main developments:

• * Los Llanos, Estepona: The first phase will feature 42 premium apartments and 6 luxury villas, located on a 36-hectare beachfront plot. This exceptional piece of land, acquired in 2019 by Mabel Capital, offers direct sea views and unrivaled exclusivity — key attributes for discerning international buyers.
• * Nagüeles, Marbella: Located in one of the most prestigious areas of Marbella’s Golden Mile, this project will include 45 luxury apartments, to be built in two stages: the first with 33 residences and the second with the remaining 12 units.

Both projects are aimed at the high-net-worth clientele looking for top-tier design, prime location, and the Mediterranean luxury lifestyle.

A Rafa Nadal Tennis Club in Málaga? A Potential Project on Hold

In parallel with the real estate developments, there’s also buzz around a Rafa Nadal-branded tennis club in Málaga. Following the confirmed launch of the first Rafa Nadal Tennis Center in Spain at the iconic Don Carlos Hotel in Marbella, Nadal is exploring the idea of establishing a larger-scale club in collaboration with Sierra Blanca.

Initially, the project was to be located near Málaga’s José María Martín Carpena Sports Arena, but has since been relocated to the Inacua sports complex, close to the Málaga Towers and Sierra Blanca Towers. However, this site is public land currently managed by Serveo — a company backed by Portobello fund and construction giant Ferrovial — with a concession still valid for 10 years. A financial settlement would be necessary to make this land available through a public tender.

A Bold Commitment to Luxury Real Estate on the Costa del Sol

With this major investment, Rafa Nadal joins the ranks of high-profile investors betting on Spain’s booming luxury housing market. The Costa del Sol continues to attract both national and international capital thanks to its year-round sunshine, elite lifestyle, connectivity, and investor-friendly environment.

These new projects not only reinforce the global appeal of Marbella and Estepona as luxury destinations, but also raise the bar for premium residential living in Spain.