The Price of housing in Spain does not stop rising, but this unstoppable increase has not been a brake on closing the most expensive real estate sale in Andalusia. That the mansion that is the protagonist of the unusual record has its own name is already an indicator of the economic level to which this home points: Niwa, a mansion in Sotograndehas closed for more than 22 million euros.
To put it in perspective, that price implies that its new owner has paid about 5,116 euros for each of the 4,300 meters built of this property. Taking into account that the average price in the province of Cádiz is about 2,249 euros/m2, it places the operation at the level of the price of homes in the premium areas of large cities.
Niwa: 4,300 m2 of sustainable luxury
Niwa is located in The Seven, the most exclusive sector of the already exclusive luxury development La Reserva de Sotogrande. The property occupies a 10,000 m2 plot on a hill overlooking the Mediterranean and facing Gibraltar, surrounded by the Los Alcornocales Natural Park.
The mansion consists of 4,300 m2 built, distributed in nine suites, with an outdoor infinity pool, an indoor covered pool, spa, gym, cinema room, wine cellar and garage for eight cars.
The project came from the pencils of Manuel Ruiz of ARK Architects and was carried out with the most advanced and environmentally sustainable construction techniques since 95% of its structure was prefabricated in a factory and then assembled in the chosen enclave. This allowed us to reduce the impact on the environment and reduce emissions.
Sotogrande began its development in the early 1960s as a private residential area with 24-hour security. It currently has five golf courses and is considered one of the most luxurious urbanizations and exclusive properties in southern Europe, which attracts foreign buyers for its designer mansions, its privacy and its proximity to exclusive services.
In 2024, the average sales prices of their houses reached 1.9 million euros, with transactions reaching up to 17 million euros. Some of the new construction phases that began were 85% sold in phases such as Village Verde.
Plots in the most exclusive areas of Sotogrande, such as The 15, start at three million euros, while in The Seven, where Niwa is located, they can exceed eight million euros per plot. “Over the last ten years, Sotogrande has invested in its facilities, maintaining its essence as a low-density, high-quality destination. It is very exciting to see how this positioning is increasingly relevant for our clients,” he assured in statements to The Confidential Rita Jordão, Marketing Director at Sotogrande SA.
Luxury moves south
“The sale of NIWA marks the beginning of a new era for Sotogrande, where architecture and lifestyle multiply their value on the Costa del Sol and, I would dare say, on the entire Mediterranean coast. NIWA is a modern palace reinterpreted with a contemporary language that is situated halfway between the classic and the current, with a very special materiality,” confirmed its creator, pointing to a substantial change in the preferences of ultra-rich clients seeking to settle in Andalusia.
Given the growth in popularity of these new luxury enclaveshistoric luxury areas such as Marbella are losing relevance after decades of urban pressure, and foreign buyers have begun to set their sights on Sotogrande.
“The record sale of NIWA firmly consolidates Sotogrande as a destination among the best in the world. What is happening is not a change of course, but a natural consequence of what Sotogrande offers is increasingly valued in the luxury market,” confirmed Jordão.
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Imagen | ARK Architects
