EXCLUSIVE by Jon Clarke and Mason Jones
SITTING atop a high hill inside Spain’s most exclusive private estate, it is just the sort of mansion fitting for a king… or Russian president.
So, it is intriguing to learn that ‘a wealthy Russian politician’ has recently secured the purchase of this €19 million palace project in the heart of Zagaleta estate, near Marbella.
Olive Press sources claim that the 4,000m² villa is being built on order for President Putin.
One construction company boss, who has done a lot of work in Zagaleta over recent years, told the Olive Press the property had been bought by the Russian leader.
“He has already knocked down the former home and it is now being rebuilt from scratch. It is an amazing project,” he said.
Developed by the Bolt Property Group, the home was purchased from British computer mogul Alan Sharam.
Local agent Adam Neale of Terra Meridiana revealed: “I have been told it has been bought by a politician in the Russian
Duma, but I haven’t found out who exactly yet and I guess it could easily be President Putin.
“It is certainly an incredible project, but it is a place to get lost in rather than live in.
“You own the hill, in fact you’re king of Zagaleta.
“The retaining wall alone is said to have cost around €5 million.”
Sitting on an 18,000m² plot, the project – one of the largest in Marbella – boasts its own spa and gym, a cinema, piano bar and two swimming pools.
The epitome of extravagance, it has 10 bedrooms with spectacular views towards Gibraltar, North Africa and inland to the Serrania de Ronda.
Conveniently, it counts its own heli-pad and there are now direct flights to Moscow from nearby Malaga airport to make life easier for its new Russian owner.
The landscaped gardens have sunken pools and fountains and there is a 10-car garage, as well as parking space for 22 friends.
The development, which has 24 hour high security, already counts the former Mayor of Moscow as an owner and Hugh Grant and Rod Stewart are said to have homes there.
Once owned by arms dealer Adnan Khashoggi, the membership fee for the golf club and clubhouse alone cost over €100,000 a year.