Inside the 93 coastal villas with a combined value of a whopping $616 million – realestate.com.au

Nearly 100 luxury villas are coming to the Gold Coast across two communities, with a total value of $616 million.

Monaco Property Group (MPG) has announced the completion of Capri at Surfers Paradise, worth $116 million and comprising 48 three- to four-bedroom villas.

This will allow the company to move forward with the development of NALU, a Miami-based collection of 45 boutique homes valued at half a billion dollars.

There are only a few of the three to four bedroom villas left in Capri, priced from $2.4 million.

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Jonathan Grasso, co-founder of Monaco Property Group, said the success of Capri has helped them continue NALU’s progress, with each project designed to create “a lifestyle-rich community” on the Gold Coast.

“Capri has attracted a lot of interest from both local and interstate buyers,” he said. “The response for Capri has been incredible and is a testament to the hard work and meticulous craftsmanship of our team.”

Residents who have already purchased a home in Capri have now moved into the shared community.

The completion of Capri allowed developer Monaco Property Group to turn its attention to NALU, valued at approximately $500 million.

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In addition to open-plan living and private courtyards for each villa, the new owners will share a range of group spaces, such as a designer swimming pool with sunken lounges, a dining pavilion and a residents’ lounge.

Only a limited number of villas remain available, each priced from $2.4 million.

MPG’s next project NALU received development approval in October and is located on the former site of Nobbys Outlook: an old holiday resort first built in the 1970s.

With 7,238 m² of land and 80 meters of ocean frontage, the community was a large-scale collaboration with BDA Architecture, LDG Landscape Architecture and Tom Mark Henry interiors.

NALU recently received development approval for construction in 2026 on top of the old Nobbys Outlook resort site.

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The boutique community sits on over 7,000 m² of land, with an estimated completion date of Q3 2028.

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The homes have a layout of approximately 237 m² and share a lifestyle area of ​​2,200 m², including a swimming pool, fitness center, bathhouse and concierge.

“The Council’s approval marks an exciting milestone for NALU,” said Mr. Grasso. “The highly anticipated launch is scheduled for the first quarter of 2026.”

Construction will begin shortly after sales begin in 2026. The project has an expected delivery date of Q3 2028.