Cala Galiota II


  • Purpose: to finance the associated expenses for the real estate development of an 8-unit high-rise building.
  • Location: Colonia Sant Jordi, Les Salines,, Mallorca (Spain).
  • Type of opportunity: loan.
  • Type: fixed rate.
  • Scoring: A carried out by the company GLOVAL.
  • Guarantee: First-rank mortgage guarantee registered in the land registry.
  • Loan To Value (LTV): 47.36%
  • Nominal annual interest rate: 10%.
  • Maturity: 13 months.
  • Opportunity profitability: 10.83%.
  • Type of capital repayment: at maturity.
  • Interest payment: quarterly.
  • Building permit: granted by the Ses Salines City Council (all procedures initiated for the change of ownership)..
  • Sales: 1 of the 8 homes that make up the project has already been reserved, meaning that 12.5% of the development has already been reserved.
  • Project status: since the previous phase of the project was funded, construction work has progressed to 2%. Excavation work has been completed, and next week, April 15th, ironwork for the parking lot and concrete pouring will begin.
  • Minimum investment: 300€.


We present Cala Galiota II, a fixed-type project with first-grade mortgage guarantee aimed at financing the associated expenses for the real estate development of an 8-unit high-rise building in Colonia Sant Jordi, Les Salines, Balearic Islands (Spain)..

The building will have 3 floors distributed as follows:

  • Ground floor.
  • First floor. 
  • Second floor.

Distribution of the dwellings: 

  • 2 dwellings with 3 bedrooms, 2 bathrooms, living-dining room, kitchen, garden and private swimming pool.
  • 4 houses with 3 bedrooms, 2 bathrooms, living-dining room, kitchen and terrace.
  • 2 dwellings with 2 bedrooms, 2 bathrooms, living-dining room, kitchen, and terrace.

High-quality, designer homes featuring ground floor apartments with terraces and private swimming pools as well as penthouses with solariums. They include the possibility of parking and a storage room on the same property.

The total built area is 1.307,10 m2.

Building license granted in the name of Procares, pending change of ownership at the town hall.

This loan of €350,000 corresponds to the second tranche of a €2,000,000 project, whose final maturity date is June 9, 2025. The duration of this tranche is estimated, and it is conditional on the time in which the loan for this phase of the project is in financing, and therefore, the mortgage guarantee novation process is carried out from the previous tranche, since being a unique project, the maturity date will be the same for all tranches of the project. Five tranches are foreseen.


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The mortgage guarantee provided by the developer is the building of 8 dwellings which is the object of the project, located at Calle Goya-S Jordi, 28, Salines, Balearic Islands (Spain).

According to the appraisal certificate issued by Valum Sociedad de Tasación, dated 19/03/2024, the current mortgage/appraisal value of the described property amounts to €2,109,150.10.

Therefore, the appraisal of the mortgaged property on the loan is 211.12% (mortgage value €2,109,150.10 / loan amount €999,000). The Loan To Value (LTV) of the project is 47.36% (loan amount €999,000 / current appraisal value €2,109,150.10). The estimated value of the property upon completion according to the comparison method amounts to €4,762,348.54.


The Guarantee Agent chosen for this project is Collateral Gestión S.L., a professional firm with experience in financial sectors that provides advisory services and fiduciary services in the issuance of bonds, guarantees, or other securities. Collateral Gestión S.L. is not affiliated with any financial services group.


The developer of the project is Vae Colonial San Jordi S.L. (parent company) and Wigan Trade S.L. (subsidiary), the subsidiary belonging entirely to the parent company.

Wigan Trade is a group of professionals with numerous projects in the Mediterranean area. The promoter group has equity of 533.337,53€ on 31/12/2022 and share capital of 200.000€ on 31/12/2022. 

Wigan Trade has already financed four projects through Housers, all of which are up to date with payments and are evolving as expected..

The developer may in the future apply for other loans through the platform to obtain financing for the implementation of other projects, within the legal limits and provided that its financial situation allows it. The company's future leverage may therefore be higher.


The scoring is carried out by GLOVAL.

Glóval is a benchmark firm in comprehensive valuation, engineering, consultancy, and data analysis services. The result of the integration in 2017 of companies with a solid market position, more than 70 years of accumulated experience, and more than 5 million valuations carried out, it provides services throughout the value chain of the real estate sector.

The company has a team of more than 1,000 professionals, a nationwide presence, and international coverage through its presence in countries such as Portugal, Greece, Brazil, Cape Verde, Angola, and Mozambique. Glóval has the confidence of the main players in the real estate sector and its current diversification strategy is focused on increasing its portfolio of services, meeting the needs of new sectors and clients, and continuing its international expansion.

For more information, visit


GLOVAL will carry out the monitoring of this project, having a permanent control of the destination of the capital provided by the investors and delivering this capital to the promoter according to an agreed schedule after delivery of justification of compliance with certifications. To this end, the promoter and the monitoring company will open an escrow account where the funds financed by the investors will be transferred in such a way that each provision to the promoter must be justified to the monitoring company, thus not delivering the full amount of the loan to the promoter at once.


The project Cala Galiota is located in the south of Mallorca where the best beaches of white sand and crystal clear waters are located, such as Es Trenc. 

The property is only 200 metres from the sea, and has a perfect connectivity, as it is 40 km from the airport, 12 km from the countryside, 45 km from Palma, only 1 km from the famous beach Es Trenc or for example half a km from the beach Colonia de Sant Jordi.

It has an ideal location and it is a natural area where you can enjoy outdoor and leisure activities with the whole family.



Housers will not charge any fee to the investor for this opportunity. The developer will be charged a fee that is determined based on a % of the funds raised for the project, provided that the project is successfully closed, i.e., that the funding target published on the platform is reached. In case it is not successfully closed, Housers will not charge this fee. Once the campaign is finished and as a previous step to the delivery of the money to the developer, this commission is deducted from it in favour of Housers. It does not affect the final profitability obtained by the investors, since the developer is the one who assumes its cost. In this opportunity, Housers' commission is 6.5% + VAT being the commission financed within the opportunity.


Housers complies with Regulation (EU) 2020/1503 of the European Parliament and of the Council of 7 October 2020 on European providers of equity finance services for businesses, and amending Regulation (EU) 2017/1129 and Directive (EU) 2019/1937 and is authorised by the CNMV as a Participatory Finance Platform registered under number 20.

Housers is not a credit institution or an investment services company. It is not a member of any investment guarantee fund or deposit guarantee fund. Therefore, the invested capital is not covered by these funds.

Housers is neither a credit institution nor an investment services company nor does it supply financial advice, so nothing on this website should be interpreted as such. The information on this page is for general information purposes only and does not constitute specific advice.

The participatory financing projects published on the website are not subject to authorisation or supervision by the Comisión Nacional del Mercado de Valores or the Bank of Spain or any other national or foreign regulator. The information provided by the developer has not been reviewed by the CNMV and does not constitute a prospectus approved by the CNMV. 

The developer of the project is responsible to investors for the information it has provided to the crowdfunding platform for publication within the project on the website. The information shown has been prepared by Housers based on available information provided by the developer. Neither Housers nor its collaborating companies or suppliers accept responsibility or liability concerning the accuracy or sufficiency of the information referred to in the project. The statements or declarations with future projections refer exclusively to the date on which they were expressed, they do not form any guarantee of future results.

Both the financing aim and the maximum term to invest in this opportunity may be extended by an added 25% to the initially planned term, following Law 5/2015, of 27 April, on the promotion of business financing. Likewise, Housers will be able to close the financing of this opportunity/project when it has been 90% financed. These possibilities that the legislation offers to the platform will be used when the typology and characteristics of the project make it advisable so that the execution deadlines are not prejudiced. You can find more information here.

In accordance with REGULATION (EU) 2020/1503 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 7 October 2020 on European crowdfunding service providers for businesses, it is hereby informed that this project may involve related parties, in accordance with Housers' Internal Code of Conduct, who may acquire the status of investors and therefore of lenders. The final amount and participation of these parties will be communicated to all project investors once the funding has been completed.

The references to law 5/2015 are as a consequence of being a tranche of a project contemplated under a loan contract signed for that law, prior to the entry into force of the European Regulation.


Before investing in this project, the investor must know the risks of his investment: Housers recommends carefully reading the Basic Information for the Investor.

In compliance with Article 2.1 of Regulation (EU) 2020/1503 of the European Parliament and of the Council of 7 October 2020 on European providers of equity crowdfunding services for businesses, and amending Regulation (EU) 2017/1129 and Directive (EU) 2019/1937, Housers hereby informs investors of the risks they will run when investing in this project:

Risk of total or partial loss of the invested capital: the main risk associated with any type of investment is the total or partial loss of the money invested, as well as the probability that the return obtained, will be lower than expected or estimated. In general, the higher the return on an investment, the higher the risk.

Risk of not obtaining the expected financial return: there is no such thing as a safe investment. There is always a risk of losing everything invested or of not obtaining the expected financial return. Investments are based on future expectations that may not necessarily be realized, so the expected financial return on the investment may never occur or may occur differently than expected.

Operational risk: failures or problems in systems, people or operational flows can have a significant impact on the investment. In any activity in any market, there is always an operational risk.

Inflation risk: the possibility of rising inflation may cause the return on investment to decline due to the inevitable loss in the value of money in such circumstances.

Risk of Lack of liquidity: investing in this project may mean that the investor may not be able to dispose of the money invested when needed, having to pay attention to the estimated timeframe for the liquidity of the investment and obtaining the corresponding return.

Risk of not being able to influence the management of the developer: investors, as borrowers, like any other person outside a commercial company, have no right to influence the management of the developer or its assets unless this is provided for in the investment contract, and the investment contract may influence the developer's management of the developer.

Fraud risk: as in any other economic operation, there is a risk of fraud due to improper use of the money obtained for the project. To minimize this risk, the drawdowns of the loan amount that are delivered to the developer will be made using a company external to Housers that will check the progress of the project, making the drawdowns to the developer according to a calendar of drawdowns and after administratively verifying the fulfilment of each earlier milestone of the calendar. The amounts of the loan not drawn down by the developer while waiting to reach the next milestone of the drawdown calendar will always be in the Housers Account of the developer in the payment entity used by the platform ("Lemonway") until the developer requests the drawdown, which will be authorized by the monitoring company if the developer meets the requirements established by the monitoring company.

The invested capital is not guaranteed by the investment guarantee fund or the deposit guarantee fund.

Investment in real estate should be conducted as a diversification strategy of a larger portfolio, and investment in projects published on the Housers platform is not recommended for people who do not have sufficient knowledge to understand the risks of investing in projects published by the crowdfunding platform.

Mallorca | 1 building
Project Funded
Funded capital:
350,000 €
Financing goal:
350,000 €
13 months
Development loan
47.36 %
Annual yield:
10.00 %
Total yield:
10.83 %
Minimum investment:
300 €
Without incidence
Scoring done by Gloval
Visible only to investors in the opportunity.