
Emirati group Modon Holding buys La Zagaleta on the Costa del Sol
The iconic luxury development La Zagaleta, located north of Marbella, has been acquired by Modon Holding, a firm based in Abu Dhabi. The transaction includes the Majarambuz project in Sotogrande, solidifying the Emirati group’s foothold in the European luxury real estate market and marking a significant milestone in bringing residential exclusivity to the international stage on the Costa del Sol.