Four Seasons, Ritz, Banyan and SLS go for five-star apartments
With more than a dozen promotions in development or in project, Spain enters the top 10 of the countries preferred by the investor to launch homes linked to luxury firms.
Spain has become a leader in Europe and 10th globally for branded residences, with nearly 800 luxury units expected in the next three years. Currently, Madrid, Marbella, and Barcelona host five complexes linked to prestige brands like Four Seasons, Mandarin Oriental, and Epic by Fendi. The first branded residences project in Spain was Four Seasons in Madrid, with 22 exclusive apartments sold in 2020 for an average of 15,000 euros per square meter.
New projects, including Ritz Residences Madrid and Banyan Tree, are set to launch in the capital, while Marbella will see more developments from brands like Dolce and Gabbana and Karl Lagerfeld.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
