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Cordia expands portfolio in Costa del Sol, Spain

Residential

Hungarian developer Cordia announced the expansion of its portfolio with a new luxury residential project and a new location in the popular holiday destination of Fuengirola, Spain, and also opened a purchase option for Hungarian, Romanian, British and Polish buyers.

Cordia has launched the sale of Jade Tower, its first luxury residential real estate project in Spain, in the four aforementioned countries. This means that customers from these countries can choose and purchase the properties with a Spanish sea view in the popular holiday destination of Fuengirola.

Costa del Sol has been a favorite international destination for many decades, due to its pleasant weather and easy accessibility. Thousands of tourists arrive every day on cruise ships to the Port of Malaga, and millions use the nearby Pablo Picasso International Airport every year.  Fuengirola is a 20-minute drive from the airport and a high-speed train connection is available too, which arrives at the city center, only an 8-minute walk away from Jade Tower.

Cordia’s luxury residential project in Fuengirola is being built on one of the last few free plots of the city's coastal strip, only 100 meters from the Mediterranean Sea. The complex will consist of 116 high-end one-, two- or three-bedroom apartments and penthouses with large terraces or private gardens, and all apartments will have their own storage and garage place.

“With Jade Tower, we are happy to be able to open up an outstanding investment opportunity for Hungarian, Romanian, British and very soon also for Polish investors. This is a huge achievement for us and a great chance for sophisticated customers as apartments of Jade Tower provide long-term value and comfortable, secure rental yields that exceed market averages” says Tibor Földi, chairman of board, Cordia International.

Jade Tower will also give access to an array of services and facilities: residents can use the exclusive health club which includes a full spa, gym, indoor and outdoor pools. 

This is also the first project in the city that has coworking spaces from where residents can operate their business. In addition, they can entertain guests and family at the Gastro Bar, and enjoy the comfort of the Cinema Room: in an acoustically isolated room, with a large screen, surround sound, and large seats, according to a press release sent to the Budapest Business Journal.

The residential complex will be constructed under the international seal BREEAM, the world’s leading sustainability assessment method for master planning projects, infrastructure, and buildings. When designing the project, architects used the BIM (Building Information Modeling) methodology, which helps optimizing the costs of conservation and future maintenance. The residential complex will have its own smartphone app, that allows residents to use all the services offered by Jade Tower.

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