PALO ALTO MARBELLA

A New Chapter on the Costa del Sol

Palo Alto Sur (also referred to as Palo Alto II) is the second phase of one of the most iconic residential developments in Southern Europe. Nestled in the hills of Ojén, just minutes from Marbella, the project represents the perfect fusion of contemporary luxury, long-term urban planning, and environmental sustainability.
Set on more than 100,000 sqm of land with over 42,000 sqm of buildable area, Palo Alto Sur will comprise an exclusive mix of detached villas, semi-detached homes, and high-end apartments within a protected natural setting. The project offers panoramic sea and mountain views, in a gated and secure community.

A Strategic Investment for Ibérica Capital

Ibérica Capital Partners, will participate in Palo Alto as a reflect of a broader strategic vision:

  • Investing in large-scale masterplans designed to foster sustainable, integrated communities with long-term value creation.

  • Addressing the growing international demand for second-home residential projects with integrated services, privacy, and distinctive design.

  • Partnering with best-in-class development teams, such as Roel Homes, who bring over 50 years of experience on the Costa del Sol and a multidisciplinary team of more than 30 professionals.

  • Leading the development of projects with a genuine ESG focus, offering strong financial returns while meeting the highest environmental and social standards.

Project Highlights

  • Prime location: Marbella / Ojén, with immediate access to Marbella town, beaches, international schools, and top-tier services.

  • 235 residential units:
    • 10 detached villas
    • 60 semi-detached villas
    • 165 premium apartments

  • Gross Development Value (GDV): €290.6 million

  • Estimated project duration: 6 years

  • Target returns: IRR of 10.5% | MOIC: 1.4x

  • Conservative leverage: LTV of 38%

  • Planning approvals and infrastructure works already completed

A True ESG-Led Project

Palo Alto Sur is a benchmark in sustainable real estate, developed under globally recognized frameworks such as BREEAM:

  • Energy: 30–70% energy savings, aerothermal heating/cooling systems, efficient lighting, and passive design.

  • Resources & Materials: 85% of materials are recycled or locally sourced, with modular construction methods to reduce environmental impact.

  • Water: Native landscaping, efficient irrigation systems, and eco-friendly pool water treatment.

  • Mobility: Integrated co-working areas, electric vehicle charging stations, and bicycle storage.

  • Well-being: Open-air design, natural light and ventilation, indoor air and water quality control, comfort-driven architecture.

 

Execution and Project Management
The development is led by Roel Homes, the same team behind the successful delivery of Palo Alto Norte, where over 90% of the 298 units have been sold and handed over. Roel brings technical capacity, access to financing, strong alliances with top-tier contractors, and next-generation sales technology powered by Unreal Engine 5 for immersive, real-time property visualization and customization.

 

A Residential Destination with Global Appeal
Palo Alto is more than just a development—it is a fully integrated lifestyle destination designed for discerning residents seeking quality, nature, security, and community. The success of the northern phase and the upcoming launch of Palo Alto Sur confirm its place as a cornerstone of next-generation urbanism on the Costa del Sol.

 

More Than an Investment
For Ibérica Capital, this project is a clear expression of our forward-looking philosophy:

  • Resilient developments

  • Solid returns

  • ESG leadership

  • Global brand vision

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Development 2 (Coming soon)