Dazia Capital Acquires Building in Chamberí for New Luxury Development

8 November 2019 – The Spanish investment firm Dazia Capital has finalised the acquisition of the building located at Calle de Santa Engracia 3, in Madrid where it intends to build nine luxury flats.

Located in one of the capital’s most sought-after neighbourhoods, Chamberí, Dazia Capital will transform the 19th-century building into a luxury residential development. The firm’s €14-million investment will result in nine luxury flats with common areas including a spa, indoor pool, gym and wine cellar. The flats will have up to five bedrooms, some with private pools and large terraces.

Original Story: Expansión – Rocío Ruiz

Adaptation/Translation: Richard D. K. Turner

Dazeo to Invest €20M in Construction of 52 Homes in Madrid

3 April 2019 – Eje Prime

The residential joint venture between Dazia Capital and Eurazeo Patrimoine has acquired a plot of land at number 107-109 Calle Embajadores, in Madrid. The firm plans to invest €20 million in the development of a 5,500 m2 property on the site, which will contain 52 homes, a gym, a swimming pool and a parking lot.

Following this purchase, Dazeo now owns four assets in Madrid, plus a plot of land on the beachfront in Estepona (Málaga).

Dazia Capital will be responsible for the management of the project, under its property developer brand Darya Homes.

Original story: Eje Prime

Translation/Summary: Carmel Drake