Evening inside an Alhama villa, the terrace doors open to the sunset

Arrive
Belong
Return

Your own private villa in Spain, ready for you every year for fifteen years.

A home in Spain that's waiting for you, with people who are glad you're back.

A white two-storey Alhama villa with its private pool

Arrive

Walk in to a home that's already ready, down to the office with a door that closes.

Three friends raising a drink on the course at golden hour

Belong

Familiar faces on the first tee and at your favourite restaurant, season after season.

A green beside the lake at Alhama Signature Golf, with the sierra behind

Return

Everyone gets their month. Every year, for fifteen years.

Estancia cover: a man standing in still water at dusk on the Mar Menor

ESTANCIA

Immersion, a month at a time

The Murcia
Issue

Issue 001 · Winter 2026

Estancia, Issue 001

The Murcia Issue is out.

Our magazine for people who like to stay a while. Valverde's mountain, the courts where Alcaraz learned the game, three thousand years of Cartagena and the long Murcian table.

Read it free, then join the waitlist to hear first when Member places open.

A short form, with no obligation.

A white two-storey Alhama villa with its private pool Open-plan living room in an Alhama villa Paella, tapas and wine shared at a long lunch A bright bedroom in an Alhama villa Friends sharing a laugh on the golf course An Alhama villa with its rooftop solarium

Your villa

Alhama, Murcia

Founding
Access

From €85,000

Clear inland air, quiet roads made for cycling and championship golf. Two-storey villas with three bedrooms, a private pool and a private office, on a nature resort with its own hotel on the way.

Fifteen years of Residential Access 31 days or more, every year No annual maintenance fees 24-hour gated security

Join the waitlist

A set number of contracts at this price. Prices rise in 2027.

Life at Alhama

Mornings in the sierra, evenings on the terrace.

Alhama sits in the green, quiet countryside of inland Murcia, between the Sierra Espuña and the Mediterranean. Here is how a day tends to unfold.

A road cyclist climbing a quiet mountain road

Morning

Ride or walk the quiet climbs of the Sierra Espuña, Murcia's mountain park, while the air is still cool.

Golfers on the fairway at Alhama Signature Golf

Midday

Tee off on Alhama Signature, the resort's championship course, with the sierra as your backdrop.

A turquoise cove on the Costa Cálida

Afternoon

Head down to the coves and beaches of the Costa Cálida, a short drive south, or stay home by your own pool.

Dinner on the hotel restaurant terrace at Alhama

Evening

Long dinners on your terrace, or at the resort's new hotel restaurant once it opens.

Wellness

Space to move, rest and feel good.

Every Terano resort is welcoming its own hotel, gym and wellness centre, with pools and treatment rooms for holistic therapies that look after body and mind.

Start with laps in your own pool or a session in the gym, ride quiet roads or walk the trails, then let our concierge book your massage, holistic treatment or yoga class.

Guests relaxing in the palm-lined hotel pool at Alhama A gym with floor-to-ceiling windows looking out to palms and the sea A spa pool with a stone waterfall

Exclusive Access, by request

More room, closer to the coast.

Las Colinas, Costa Blanca. Fully detached villas on larger plots, with an outdoor kitchen and firepit, in a valley the World Travel Awards named Spain's Best Villa Resort. From €185,000.

Ask about Exclusive Access

Eight steps to your month in Spain

1

Join the waitlist

A short form, with no obligation. You'll hear first when places open.

2

Talk to the founders

A relaxed call to see if Terano fits your year.

3

Choose your season

Pick your resort and the month that suits you best.

4

Book in your life

Our concierge organises your transfers, your shopping and your tee times before you land. No waiting around: your trip is taken care of, from the airport to the first tee.

5

Arrive and live

The villa is ready, the fridge is full and your month begins. All you need is the key.

6

Make it yours

Golf, the spa, long lunches or nothing at all. Spend your month exactly how you like, with the founders a message away.

7

Leave the rest to us

No annual maintenance fees, no cleaning and no renting it out. When your month ends, hand back the key and we look after everything until you return.

8

Return every year

Your month is yours again next year, and every year for fifteen years. Come back to friends, favourite tables and a place that knows you.

The Journal

All stories

Be first when Member places open.

Join the waitlist. A short form, with no obligation, and one of the founders will be in touch at a time that suits you.

Join the waitlist

Founding Access at Alhama, Exclusive Access at Las Colinas, or both. Tell us which on the next page.