Invest in Chueca, the most cosmopolitan neighborhood of Madrid!
Type of opportunity: Participative loan1. Modality: BUY-TO-LET
Pelayo consists in the granting of a loan to a project developer for the acquisition of a home located at number 46 on Pelayo Street, in the Chueca neighborhood, in the heart of Madrid and which is often compared to New York's SOHO.
Being a BUY-TO-LET opportunity, it is important to keep in mind that:
The increase in prices shows that the location has a high demand both for rent and for sale. In just one year the price of housing in the district has grown by 5.7% according to the attached valuation report.
The 34m2 house is located on the 4th floor, very bright and close to Plaza de Chueca. It will be completely renovated, including furniture and decoration following the most solicited distribution of the area:
The decoration will be carried out under the strategy Home Staging with the objectives of increasing the speed of commercialization for its traditional rental and improving the yield from the purchase of the house.
The neighborhood of Chueca stands out for its narrow streets, trendy bars, restaurants and shops, and for its active nightlife and daytime. The neighborhood is encompassed by Paseo de Recoletos, Gran Vía, Calle de Fuencarral and Fernando VI. The area is in constant development, with the rehabilitation of buildings, shops, restaurants, and premises. At the same time, this whole process of change coexists with the more traditional Madrid.
Because of its location right in the center and very close to the most emblematic and touristic points of the city such as Gran Via, Colón, Atocha, the famous Rastro, the Lavapiés neighborhood or La Latina is considered an emblematic neighborhood of Madrid for both tourists and locals alike.
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) or by itself; well through third parties. In addition to, follow-up throughout the life of the project and be responsible for performing the necessary tasks for the management of the day to day of the property.
Invest in the heart of Madrid!
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 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 promoter accumulates 17 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. By not having the resources to deal with the commission of Housers, it is financed within the project. An estimate has been made of the commission to be charged to the investor, for an average investment of € 1,000 for which Housers would charge € 0.34 per month during the first year of project life and € 7.65 at the end of the project if it is met. the estimated return. 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%. Likewise, HOUSERS may close the financing of this opportunity / project closed when it has been financed by 90%.
1. Intermediary financing instrument between the capital (equity participation) and the long-term loan. Participative loans are loans (that is, the promoter is obliged to return the financing received) whose characteristic is that the interest received by the person who lends the money depends on the benefits obtained by the person who receives the loan.
2.The estimated annual net income from the rental has been provided by an Appraiser registered by the Bank of Spain, may be higher or lower than the published and may not be constant over time.
The calculation methodology for obtaining the annual net profitability estimated by the rent, the revaluation of the area and the estimated accumulated net profitability are based on the appraisal report, by a registered appraiser and approved by the Bank of Spain.
3. The estimated accumulated net profitability shown comes from the rental and the possible revaluation of the sale and may be higher or lower than the one published based on the rent and the sale price achieved, said estimate has been made by HOUSERS from its own studies and tools.
4.The contact between investors in the Marketplace, as well as the possible formalization of the sale, should be done separately without any intervention of the platform and in accordance with the provisions of the general regulations that affect the transmissibility of the instrument.
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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