Rafa Nadal expands his property empire
Tennis legend’s plan to spend 200 million euro to build luxury homes
Rafa Nadal is expanding his business portfolio. | Majorca Daily Bulletin reporter
Palma26/08/2024 11:54
Rafa Nadal has a new business venture with Abel Matutes. The hotel tycoon and the tennis player will jointly build several developments of luxury flats type branded residences on the Costa del Sol, according to the business daily newspaper Cinco Días. Through their new joint venture Palya Invest, they plan to invest more than 200 million euros in building around 100 villas and flats in the Estepona and Marbella area, which will bear the name of a luxury brand.
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Making good use of his earnings. Property is a sensible investment. If it is legally invested.
Sorry all we hear about is tourist overcrowding and no social housing and now everyone seems to think it’s ok for some this is really distorted reporting and please try to back up what you say Rafa is a Great Person but building luxury housing all over building permission no problem for some Hello !