Exceptional opportunity for purchase and sale in Tetuan (Madrid). 6,5% in 12 months.
Type of Opportunity: Loan
Modality: Investment
Alvarado is an INVESTMENT opportunity where a loan is given to a project developer for the purchase, complete renovation, and decoration under the turnkey model to accelerate the commercialization for the sale of the property in 12 months.
The building is currently being renovated, including the installation of an elevator (paid by the vendors). The apartment is a second floor exterior apartment of 66m2 that will be distributed into the most solicited layout in the area:
The result of the integral decoration that the apartment will go through, will increase the success opportunities of a very solicited and unique asset in the area. The future buyer or investor will obtain an apartment fully reformed to live in starting day 1, and in one of the most solicited districts in the capital.
The project developer will be responsible for carrying out all the tasks and necessary steps to carry out the sale, execute and control the rehabilitation of the property, carry out the marketing strategy (rent and subsequent sale in this case) by itself; or through third parties. In addition, the project developer will do a follow up during the entire timeframe of the project and carry out the necessary tasks for the management of the day of the property.
You can learn more about the project developer here.
The building is located in the Tetuan district, more specifically in Calle Jaen 14, next to the streets of Basilica and Hernani, between General Peron and Raimundo Fernandez de Villaverde, in the Cuatro Caminos district. This area is in one of the most representative business areas in Madrid, the Central Business District (CBD) of Azca. This neighborhood is where senior executives work given that this area is the national headquarters to several large consulting/auditing companies.
In addition, Raimundo Fernandez de Villaverde, is one of the main residential areas in the capital, that goes from Cuatro Caminos up to the Corte Ingles store in Paseo de la Castellana, dividing the districts of Chamberi and Tetuan. It is without a doubt one of the most commercial avenues in Madrid, full of traditional residential buildings and retail spaces on the ground floors of these. On another hand, Bravo Murillo, is full of pharmacies, gymnasiums, franchises of the main bank entities in the country and local shops. The main areas that stand out here are Cuatro Caminos, Orense street, Avenida General Peron, and the Moda shopping center as well as the Picasso tower and the Bernabeu stadium.
Why invest in Alvarado?
In the following image you can see the yield-risk relationship for these type of opportunities: investment for reform.
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In Spain, Housers is a crowdfundig platform registered next to CNMV (Spanish Regulator) with register number 20. Housers is a platform that facilitates access to loans related to real estate transactions promoted by third-party companies, previously analyzed and validated. Housers does not offer financial advice and none of the proposed activities should be considered as such. The analyzes shown in these pages are general information and do not in any way constitute specific advice. The projects illustrated are not subject to the supervision of any national or international financial authority or regulator. The transactions presented are forecasts only and as such, they may be subject to change. Investing through Housers involves risks, including illiquidity, loss of investment, and it should only be done as part of a diversified portfolio. Your capital is at risk.
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