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Bloom Holding, LEAD Development, and Mabel Real Estate partner to develop luxury residences in Marbella

Spanning over 100,000 square metres of land in the Golden Mile area, Mabel Marbella Residences promises a high-end living experience

Bloom Holding, LEAD Development, and Mabel Real Estate partner to develop luxury residences in Marbella

Bloom Holding and LEAD Development have partnered with Mabel Real Estate from Spain to co-develop a luxury residential project in Marbella. The joint venture will combine expertise from the UAE and Spain to create the premium development, known as ‘Mabel Marbella Residences’. Spanning over 100,000 square metres of land in the prestigious Golden Mile area, the project will be a collaboration between leading players in the real estate industry, promising a high-end living experience.

Marbella’s real estate market is thriving due to its exceptional climate and cultural offerings. Both international buyers and Spanish nationals are interested in purchasing prime properties in this coastal city, with many seeking second homes.

Carlos Wakim, CEO of Bloom Holding, on the collaboration, mentions, “This announcement marks a major milestone in our journey to fulfil our international expansion strategy, explore opportunities in high-growth real estate markets, and launch our premium projects in Europe. By joining forces with LEAD Development and Mabel Capital, we can leverage our expertise, strengths, and a common approach to developing residential properties as we mark our first expansion in Europe and enter this mature market.”

He continues, “Spain, and Marbella in particular, remains a global destination for luxury homes that continues to attract both investors and homeowners from across the globe presenting an attractive entry point for Bloom Holding. This strategic partnership aligns with Bloom Holding’s forward-looking aspirations to broaden its development horizons.”

Manuel Campos Guallar, Chairman of Mabel Capital echoed this sentiment, adding, “We are honoured to collaborate with such high calibre partners as Bloom Holding and LEAD Development in such a prime location and project. We plan to develop Marbella’s most exclusive gated community, creating an environment of refinement, tranquillity, and breathtaking sea and mountain views. Architecture will blend the Al-Andalus traditional heritage of the region with cutting-edge contemporary features, surrounded by a majestic landscape.”

Mounir Haidar, Co-founder and Managing Partner of LEAD Development shares, “LEAD is excited to embark on its first international opportunity and is pleased to collaborate with Bloom Holding and Mabel Capital, who will lead our entry into Spain, Europe, and potentially beyond. Leveraging the expertise and experience of both Bloom Holding and LEAD, we are poised to make a significant impact in one of the most sought-after real estate markets in Europe.”