Branded penthouse collection in central Escaldes-Engordany — pure equity play with full project upside on exit. Major institutional ticket size.
The opportunity
This project in Escaldes-Engordany is a landmark luxury residential development in the heart of the parish. The project comprises 24 penthouses and 6 sky-villas across two connected towers, each unit benefiting from full-height glazing, private terraces, and views over the river to the Pyrenees. Building amenities include a concierge service, private gym, indoor pool, treatment rooms, and a residents' lounge. The pure equity structure gives investors uncapped upside on project profits at exit.
Why invest
The high end of the Andorran residential market — €15k+ per square metre prime — has structurally limited supply and growing international demand. Active-residency permits and the country's tax framework continue to attract ultra-HNW relocations from across Europe. A landmark branded scheme at this scale and quality has no comparable competitor in the current pipeline. The pure equity structure is designed for institutional and family-office investors who want concentrated exposure to the top of the market.
Deal strengths
Capital deployment
Timeline
Architect due diligence completed
Q2 2026Investor financing open
Q1 2027 (expected)Financing closed & capital deployed
Q3 2027Project execution
Q3 2027 – Q4 2029Project completion / stabilization
Q4 2029 – Q4 2031Investor exit & capital return
Q2 2032Liquidity
Primary exit is individual unit sales during the final 18 months of construction and the 24 months following completion. A bulk sale of remaining inventory to a family office or institutional buyer is retained as a fallback. Sponsor distributes profits to equity holders pro-rata after senior debt repayment.
Compliance & structure. Investment is made via an Andorran SPV with Equity Partners as asset manager. Given the ticket sizes, all investors are processed under the professional / qualified investor framework, with full KYC, AML, and source-of-funds checks handled by Equity Partners prior to capital call.