Oviedo

Development Loan Development Loan
ES

For the first time at Housers; OVIEDO! Development Loan opportunity: 10% in 12 months! 

Type of Opportunity: Loan Modality: Development Loan1

Invest in Oviedo, the second most populated municipality of Asturias with an exceptional development loan opportunity that consists of conceding a loan to a project developer for the construction of a residential building with 17 apartments in La Florida, one of the neighborhoods in Oviedo with the highest growing index.

Some key points of this opportunity:

  • Several bank entities have shown interest in financing the construction.
  • The project developer is awaiting the final construction permit that was presented to the authorities last august. 
  • This is a development loan opportunity, meaning there is no need to wait for the sale of the residences, you will begin obtaining returns from the first month up until the project developer amortizes the loan. The yield is 10% in only 12 months! 

The residential building will be located on the street Bermudo 1, with direct access towards the center of the city in 10 minutes by car and 15 minutes with public transport. 

The building benefits from great views from all angles with two sides of the building facing the garden while the other has views to the main street. The apartments will have 1, 3 or 4 bedrooms, there will be a penthouse, as well as storage space and a parking space. The distribution will be as follows:


  • The floor -1 of the building will have 15 storage rooms. 
  • The ground floor will have 8 garages. 
  • The first floor will be composed of 5 apartments of approximately 40m2 with one bedroom and bathroom. 
  • The second floor will be made up of 4 apartments (two of them approximately 35m 2 and the other two of 67m2) with one bedroom and bathroom. 
  • The third floor will have two apartments of approximately 104m2, each one with three bedrooms and two bathrooms. 
  • The fourth floor will have 2 apartments with three bedrooms and two bathrooms (each apartment will be approximately 104m 2).
  • Lastly, the last floor (5th) will have 2 apartments of 104m2, with three bedrooms and two bathrooms each. In addition to a penthouse that will have 4 bedrooms, two bathrooms and a spacious 34m2 terrace.  

DIQAM DESARROLLOS INTEGRALES S.L is dedicated to the promotion and construction of homes. It is an Asturian company with private capital.

In addition, it is important to know that GOC will carry out the monitoring of this type of projects so that there will be a permanent control of all the money contributed by the investors.



  • Annual net yield of 10%.2
  • You will receive income from the first moment and then monthly. 
  • Liquidity in just 12 months. 

In the following graphic you can see the yield-risk relationship for this type of opportunities: loan for development

Oviedo

Diversify and be a part of the first opportunity in Oviedo!


Risks and warnings: Housers is not a credit institution nor an investment services company. Investment in projects published by HOUSERS is not covered by any investment fund. This project has not been supervised by the CNMV, the Bank of Spain or any other regulator, Spanish or foreign. The information provided by the promoter has not been reviewed by the CNMV nor is it a prospectus approved by the CNMV. Housers does not provide financial advice, so nothing on this website should be interpreted as such. The investment in this project involves the following risks: risk of total or partial loss of the invested capital, risk of not obtaining the expected cash yield and risk of illiquidity to recover the investment as well as the risk that the tenant does not pay the monthly rent or be late in payment; subordinate character of the loan, in particular to the mortgagee, in those cases in which the acquisition of the property object of the project is financed additionally by means of loans with mortgage guarantee. The expressed profitability is based on mere estimates of the future evolution of the amount of the rents and the prices of the properties, which may or may not occur. The developer accumulates 1 project on the platform, which entails an additional risk of concentration. The promoter has limited own resources so that his responsibility in the project is limited to 257,797.88 euros. The maximum term to invest in this opportunity may be lengthened by an additional 25% to the term originally foreseen, in accordance with the Law for the Promotion of Business Financing. Likewise, HOUSERS may close the financing of this opportunity / project closed when it has been financed by 90%. You have enlarged this information here.


1 Development Loan: Loan at a 12-month fixed rate to the real estate developer where interest is distributed monthly and the principal is amortized at the end of the project.


2 Fixed annual interest of the loan. Although, the interest is not guaranteed, there is an additional guarantee provided by the developer. For more details see the Promoter's Report.


1,675 m2
24 Bedrooms
18 Bathrooms

Image gallery

Location

Floorplan

Housers is a platform that facilitates access to equity 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, lack of dividends, loss of investment and dilution, and it should only be done as part of a diversified portfolio. Your capital is at risk..

Oviedo
17 apartments
status:
Project generating income
Project generating income
900,000€
884 Investors
Term: 12 months
More information

Annual Yield

10.00%

TOTAL YIELD

10.00%
Term: is the estimated duration of the opportunity.
Annual Profitability: it is the fixed interest agreed by the promoter. The interests will be divided monthly.
Total profitability: is the estimated total return on the investment. It takes into account the term and the fixed annual interest agreed by the developer. It could receive: it is the estimated amount of the investment made plus the total fixed interest of the loan.

Timeline

Funding started

December 18, 2017

Funding completed

January 4, 2018

Relevant event

January 4, 2019

Relevant event

January 29, 2019