French Developer Plans

LHR Luxury French UrbanizacionLa Herradura could be seeing a new luxury urbanización, thanks to a French developer ploughing 16m euros into a project.

The building developer, Les Rivages, based in Estepona, is actually planning two such urbanizaciones – one in La Herradura and one in Almuñécar.

The Herradura one comprises of ten luxury dwellings with views of the bay. Each will have a spacious terrace, pool, a large garden area. The dwellings will have a floor space of 150 sq/m, plus a 55 sq/m terrace, according to the Les Rivages representative, Michel Dupey

According to the press release, Urb. Sanntonio, as the urbanización is known, will be situated near the existing Urbanización San Antonio.

Twelve million of the 16-million investment is destined for a project in Almuñécar called Panoramic. The first stage will consist of twelve dwellings; six individual ones and twelve duplex. This project is above Playa Velilla.

This is the first time that the French, property developer has operated outside Estepona and it appears that the company now has its eyes firmly set on the Costa Tropical.

(News: Almunecar/Herradura, Costa Tropical, Granada, Andalucia)

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