After the success of Senda del Aire, Maestro Serrano and the most recent Avenida del Puerto, a new development loan opportunity returns, 10% in 12 months, for a real estate development project in Valencia.
Type of Opportunity: Loan Modality: Development Loan
Immediately after Madrid and Barcelona, Valencia ranks as the third most populated city in Spain, where the real estate market is in the initial phase of the recovery that characterized the real estate success of Madrid and Barcelona.
Cardenal Benlloch is a project that consists in granting a loan to a project developer for the construction of a residential building located in the Alboraya district of Valencia.
Alboraya is one of the most fashionable areas of the capital, 10 minutes from the center of Valencia and less than 3 km from the most famous beach, the Malvarrosa.
Important Points to consider:
The building is made up of 14 apartments distributed over 5 floors. On the top floor there is a duplex with a spacious terrace.
Meanwhile the ground floor will have a large 140m2 lobby with direct access from the street. Each apartment will also have a storage unit as well as a parking space, distributed between the ground floor and the basement.
The apartments vary in size from 90 to 130 m2 with the following distribution:
The building is located on Calle Aben al Abbar at number 15, very close to the iconic City of Arts and Sciences of Valencia designed by the architect Calatrava.
The area has all the necessary services such as shopping centers, schools, supermarkets, spas, sports halls and green areas. It is perfectly connected, both for public and private transport, with easy access to main roads, buses, metro and the exit for the V-30 motorway.
The real estate market has been growing at an average rate of 6.74% in sales since 2013. Housing prices are increasing accordingly, registering a + 2.74% in the first four months of the year compared to the previous year.
The construction company, PROMOCIONES CONSTRUBECKER SL has 25 years of experience both nationally, (especially in Valencia and surroundings) and outside of Spain with international projects in the Dominican Republic and Algeria.
In addition, thanks to the close agreement with the GOC company, to monitor our projects, all the capital raised by the Housers community will be under permanent control.
Why invest in Cardenal Benlloch?
On the following graphic you can see the yield-risk relationship for this type of opportunities; development loan.
Don’t waste any time, take advantage of Valencia's high performance to diversify your investment portfolio with a development loan project!
Housers does not provide financial advice and nothing on this website should be considered as such. The information appearing on these pages is for general information purposes and does not constitute specific advice. Nor is it a recommendation to invest. If you have any questions about the suitability of an investment, you should seek independent financial advice. The information published on the Web regarding the different investment alternatives cannot be considered as investment advice, having, therefore, the value of commercial communications of a general nature. The value of your purchases can go up or down. The yields shown (or other financial objectives) are not necessarily indicative of the true future performance. Projects published on the Web are not subject to authorization or supervision by the Spanish Financial Markets Authority (CNMV), the Bank of Spain or any other regulator, national or foreign. The forecasts and information presented are only business plans, and as such, may vary in the course of operations..
ANNUAL YIELD: is the annual fixed interest rate.
TERM: is the agreed term of the loan.
February 13, 2018
February 20, 2018