Azora, Naiz Homes form joint venture for nearly 600 homes in Malaga’s La Térmica development

  • Azora Capital formed a joint venture with Naiz Homes to acquire Nueva Marina Real Estate, securing the R3 and R5 plots at Málaga’s La Térmica.
  • The venture plans to develop nearly 600 beachfront homes within the La Térmica regeneration project, a major redevelopment of a former power plant site.
  • La Térmica is planned as a mixed-use district spanning more than 120,000 sq. m of buildable area, targeting over 800 homes overall.


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