History and Background of SAGA Property Management and Development

SAGA Property Development and Real Estate Services is a family business with over 60 years of excellence in the Spanish real estate sector.

Metodio Andrés Caro began operations in Madrid in 1961. Since then we have evolved from a small Madrid-based developer into a benchmark on the Northern Costa Blanca, combining innovation, sustainability and personalization to offer secure and profitable investments in high-end properties.

With roots in Madrid and a strategic expansion to the Mediterranean since 1999, we overcame challenges such as the 2008 crisis with solvency, focusing on the premium segment: a demanding European clientele seeking quality, design and A-rated energy efficiency — aspects not covered by the standard offer.

Our mission: to provide added value and be the strategic partner for investors and discerning families seeking designer-quality homes, with prospects for returns both from operation and capital appreciation in Alicante and Madrid. With comprehensive advice, professional management and a premium agency, we offer contemporary architecture, energy efficiency and Mediterranean quality of life in privileged areas such as Alfaz del Pi, El Albir, Calpe, Altea, Finestrat, La Nucía and Benidorm.

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The History of SAGA: From Its Origins in Madrid to Its Consolidation on the Costa Blanca

Beginnings in the Real Estate Sector (1961-1991)

The career began in 1961, when Metodio Andrés Caro began his activity as Treasurer of the housing cooperative "El Arca" (200 homes in Moratalaz, 70 on Calle Villaescusa – Barrio Bilbao – and others in Madrid). In 1974 he expanded into management of communities linked to Hogar de Ávila, notably the "Edificio Sierpe" in Ávila (19 homes, a commercial-office space, garage, and pool). Since 1988 he has devoted his career exclusively to real estate.

In 1991, together with his son Ángel Andrés Araoz, they founded SERVICIOS DE ASESORAMIENTO Y GESTIÓN ADMINISTRATIVA, S.L. (S.A.G.A. S.L.), focused on cooperative and community housing developments in the Community of Madrid.

Expansion and Developments in Madrid (1992-1999)

In the 1990s we consolidated our reputation with multiple high-quality projects in Madrid:

Castilla Development (1992): 13 homes, 4 commercial units, 24 garages – 2,000 m².
Remonta Development (1993): 6 homes, swimming pool – 1,200 m².
Triton Development (1994): 8 homes with garden – 520 m².
Quintana Development (1995): 11 homes – 950 m².
Dehesa de la Villa Development (1997): 24 homes, paddle tennis courts – 3,167 m².

In 1997 SAGA VIVIENDAS DE CALIDAD, S.L. was established for our own developments: Dehesa de la Villa II (terraced houses), Alto de Extremadura (17 homes), Falcinelo (8 homes), Marquesa de Argüeso (12 homes) and Colonia Fin de Semana (8 single-family homes).

Expansion to the Mediterranean: Costa Blanca as a New Horizon (1999-2008)

Since 1999 we have positioned ourselves in Costa Blanca due to its tourism potential:

Residencial Oasis (2001): 28 bungalows in El Albir – 2,900 m².
Las Terrazas del Albir (2002): 39 residences + aparthotel – 5,500 m².
El Balcón del Albir (2001): 29-unit apartment building.
El Balcón de Calpe (2002): 15 semi-detached chalets.
Los Leones (2007): 6 residences in El Albir.
Jardines del Ponoig (2008): 12 chalets in Polop – 3,732 m².

Overcoming Challenges and Current Focus (2008–2026)

The 2008 crisis led us to downsize and sell assets (including our Madrid offices) to meet obligations while remaining solvent. We focused on the Costa Blanca, targeting the high-end segment: selective European clients who demand quality and design.

Key Projects:

Pagell (2012): 2 bespoke villas – 380 m².
San Marcos (2015): 2 premium homes – 480 m².

In 2015 we founded IDONEO REAL ESTATE DEVELOPMENT S.L. (50% SAGA – 50% Cubico Gestión) to deliver developments with A energy efficiency ratings and customization.

Sarset (2016): 2 villas with sea views - 642 m².
La Sonrisa (2018): 2 semi-detached homes with garden and pool - 510 m² (first homes with energy rating A in the area).

Completed and Ongoing Projects 2026

Villa Zen Infinity
(Benidorm): Maximum luxury in an exclusive area with views.
Villa Vega
(El Albir): A unique concept in a prestigious area with sea and mountain views.
Villas del Sol
(Alfaz del Pi): Last available villa with panoramic views, delivery November/December 2026.
Villa Mallorca
(Sierra Cortina - Finestrat): The most advanced in design, quality, and technology. Customization options available.

Values and Commitment of SAGA

At SAGA, our values are not just words: they are the foundation of everything we have done for over 60 years. As a family business, we are guided by clear principles that allow us to offer exceptional service and homes that truly make a difference on the Costa Blanca.

Honesty
We always act with complete transparency. We keep our promises, communicate clearly, and prioritize the client's interests above all else. We overcame the 2008 crisis by fulfilling 100% of our obligations, and that same integrity remains the foundation of our reputation today.
Design and Quality
We are obsessed with detail. We create homes with modern architecture, noble materials and high-end finishes. We do not pursue volume, but excellence: each project is a work designed to endure over time and stand out for its beauty and functionality.
Sustainability
We build with the future in mind. All our recent developments include A-class energy efficiency, photovoltaic installations, superior insulation and passive solutions that reduce consumption and respect the Mediterranean environment.
Reliability
We take deadlines and budgets seriously. Thanks to our experience in comprehensive project management and exhaustive control of each phase, we deliver projects on time and as promised, without unpleasant surprises for the client. Your peace of mind is our priority.
Completely Personalized
We believe every person is unique, and their home should be too. We offer a completely bespoke service: from choosing the plot to the final finishing touches. Because we don't make houses in series… we make unique homes for unique people.

These five values guide every decision we make at SAGA. They are the reason why discerning clients from across Europe trust us to find, manage or build their ideal home on the North Costa Blanca.