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Colliers has been appointed as a sole advisor for the sale of the iconic residential project, Liora Estepona by Pininfarina

· The legendary Italian studio, creator of design icons such as the Ferrari Testarossa, enters the Spanish residential market in collaboration with Excem Real Estate
·  Liora, with its impressive biophilic architecture project, will offer 37 fully customized High-End apartments from 1.5 million euros.


The Residential Sales Advisory division of Colliers International has been appointed by Excem Real Estate and Pininfarina as the exclusive advisor for the sale of the most emblematic residential project on the Costa del Sol, Liora Estepona de Pininfarina.

Pininfarina enters the Spanish High-End Residential market by means of an innovative project with spectacular design based on the principles of biophilic architecture and home automation. Excem Real Estate, a prestigious national developer that has consolidated its presence in this segment of the market, will be in charge of the project, offering 37 intelligent houses with an area ranging from 250 to 700 sq.m. and to be sold from 1.5 million euros.


The imposing building will be located in a magnificent botanical garden of more than 15,000 sq m. Each of the apartments will feature qualities that are highly demanded by the High-End home buyers, such as spacious area with ceilings of up to 6 meters, terraces with hanging gardens or a revolutionary “concierge” service. The common areas are one of the main attractions of the project, with an infinity pool integrated into the atrium and the roof of the building, the private club with the culinary area or the wellness area. Furthermore, Liora will provide adequate facilities for smart-working in common areas, which will facilitate the creation of community, responding prematurely to emerging trend in the market to be consolidated in the coming years, placing Estepona as a privileged destination of residence and work.


“At Colliers we are experts in the sale of extraordinary residential projects. Our extensive experience in projects that have meant “a before and after” in the residential real estate market - such as Lagasca99 and Four Seasons Residences - allows us to take on the challenge of positioning Liora as a benchmark on the Costa del Sol and an indisputable icon in design and innovation ”. - says Luis Valdés, Director of Residential Sales Advisory at Colliers.

“Liora will mark a milestone in the real estate market of the Costa del Sol, making Estepona a first class tourist and residential destination. We are delighted to be in charge of the sale of this extraordinary project that combines the innovation and exceptional quality, values that we share with Pininfarina and Excem Real Estate. ”- concludes Mikel Echavarren, CEO of Colliers International.


Know more about the Project >>

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Colliers International | Residential Sales Advisory

Colliers International Spain, through its Residential Sales Advisory division, is the residential market leader in conceptualisation, marketing and commercialisation of avant-garde projects. It has an extensive history in unique residential projects, which due to their special characteristics have supposed a challenge in design, management and marketing strategy.

They currently manage emblematic residential projects for more than € 900 million for clients such as Arcano, OHL Desarrollos, Levitt, Terralpa Investments or Excem Real Estate. Since 2018, it has transacted more than € 320 million in high-end residential product.


Aboutre Colliers International Spain

In Spain, Colliers International is synonymous with real estate and hotel sector specialisation and knowledge. It offers advice in: Corporate Finance; Capital Markets; Hotels; Residential Sales Advisory; Valuation & Consulting; and REMS & Technical Services. These services are provided with the client proximity of a local firm and the capabilities of a global leader, through a network that extends across 68 countries.


About Colliers International


Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at, Twitter @Colliers or LinkedIn.


Related Experts

Alejandra Folgado

Marketing & Comms. Director Spain & Portugal


As Marketing and Communications Director Alejandra is responsible for building a marketing and Comm. strategy that grows brand awareness; drives lead generation and works across business lines to support Colliers International in Spain  achieve its growth and customer acquisition goals.

She began her career at Atlas Capital Close Brothers in 2001 and joined to irea in 2006, where she was Knowledge & Organization Manager for almost 4 years. After a 5 years  of professional and personal experience in Italy, she returns to irea as Marketing & Communications Manager.

From January 2015 she has been Head of Marketing and Communications at irea until March 2018, when the spanish firm integrates in Colliers International.

Alejandra studied at Carlos III University (Madrid)  where she has a bachelor degree in Information Sciences. She holds an International Marketing and Communications Master from Polimoda Business School (Italy).

She has worked in Marketing and PR across various industries including Financing, Real Estate, Fashion and Hospitality. Alejandra  also has experience in managing and coordinating  events including conference, congress and trade fairs.

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Luis Valdés

Managing Director


I joinned Colliers International in March 2015

My previous experienced is detailed below:

Since 2010: Quercus Investments. Manager.

2007 – 2010: CBRE. Senior Consultant on Capital Markets.

2006 – 2007: RIGMA. Investment Analyst.

2004 – 2006: Group Gesinar. Investment Consultant.

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Mikel Echavarren

CEO Spain & Portugal


Mikel Echavarren is CEO of Colliers International Spain. He was President and CEO of irea since its foundation in 2002 until March 2018, when irea joined Colliers International. Prior to joining irea, Mikel was a partner in the Spain and Portugal real estate corporate finance division of Arthur Andersen. 

With over 30 years of experience in the real estate sector, he is an expert in strategic planning for real estate groups and in complex mortgage debt portfolio, real estate company and property transactions. He has managed financial restructurings involving over €8,000 million worth of debt belonging to real estate, construction and services companies. 


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