Welcome to the first buy-to-sell italian opportunity, located in the very center of Milan, in the Porta Venezia neighborhood, where the most fascinating old style milanese building are.
Type: loan Modality: buy-to-sell (12 months)
We are glad to present an estimated net yield of 7,53% buy-to-sell opportunity in 12 months.
The purpose of this opportunity is to concede a loan to a project developer for the purchase, renovation and decoration, through the Home-Staging strategy, of an apartment with the objective of maximizing the sale expected in 12 months.
The apartment is located in viale Abruzzi 35, a well-known street situated on the beltway rounding Milan, in a core district which takes its name from Corso Buenos Aires, one of the leading commercial street of the Milanese metropolis.
The apartment is also close to the neighborhood Città Studi, where is the main campus of the Politecnico University.
It’s definitely a residential area and only a few steps away from the apartment is via Plinio and the iconic Bar Basso, the place where the Milanese cocktail Negroni Sbagliato was invented in 1968. Restaurants, supermarkets, bars, and services of all kinds are spread across the neighborhood.
The property is really well connected in between two metro stops: M1 Lima and M2 Piola, not far is the conjunction stop of these two lines in Piazzale Loreto. Viale Abruzzi is also well connected with the most important highways.
The building dates back to the XX century and the 40m2 located at the 5th floor will be renovated following the most demanded distribution of the area:
The renovation will be done under the turnkey model, meaning the budget will be closed and no changes can be made, it will include a new heating and electric system and a modern bathroom. We are purchasing way the market price, so it won’t be a problem to sell the property in one year.
According to UDA (a technology company dedicated to segmented and geolocated knowledge for Real Estate) the buying price is 125% under the market price and the project developer will be responsible for carrying out all the tasks and management necessary to make the sale, execute and control the rehabilitation of the property, carry out the marketing strategy well by itself; well through third parties.
Why invest in Plinio?
On the following graph you can see the yield-risk relationship for this type of opportunities: buy-to-sell for renovation.
Diversify and invest today in this exciting new opportunity in Milan!
Risks and warnings: HOUSERS is not a credit institution or 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; 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 real estate prices, which may or may not occur. The promoter accumulates eleven projects on the platform, which entails an additional concentration risk. The promoter has limited own resources so that his responsibility in the project is limited to 3,000. Due to these limited own resources, the commission that pays Housers is included in the project to be financed. The maximum term to invest in this opportunity may be lengthened by an additional 25% to the term initially 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%.
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.
.
