Alcala

Maximize your savings, invest in Madrid! New Development Loan opportunity: 14.25% in 18 months.

Type of opportunity: Loan. Modality:  Development Loan¹.

Alcalá is a great development loan opportunity that consists of the concession of a loan to a project developer for the construction of a building of 8 apartments with a swimming pool and 8 garage spots, only a few meters from the Plaza de Toros de las Ventas in Madrid.

Key Points to Keep in Mind:

1. The financing will go towards the purchase of land.
2. The urban certificate has already been granted. 
3. Several banking entities have already shown interest in financing construction.
4. Being a development loan¹, you will not have to wait for the sale of the apartments, you will receive returns from the first month until the developer repays the entire loan. The interest is 14.25% 2 in only 18 months.
5. The scoring of this opportunity is E. To know all the information about this system, click here.
6. All the opportunities of this modality, Development Loan, financed in the platform are distributing interests with an average yield superior to 9%. 

The building will be located exactly at Calle Ángel González Tejedor, 10, this is exactly 500 meters from the Plaza de Toros de Las Ventas, one of the places most frequented by locals and tourists.

The project has a total of 8 apartments distributed over 5 floors:

• Between the 1st and 5th floor, there are a total of 8 apartments of 50m² to 80m² each, with its own storage room, parking space, and communal pool.
  
• The ground floor has an apartment with one bedroom and one bathroom.
  
• On the first, second and third floor, there are two apartments, one with two bedrooms and two bathrooms and the other with one bedroom and a bathroom.
  
• The top floor is a penthouse with two bedrooms, two bathrooms, and a large terrace.
• The building will have an elevator.

The neighborhood of Las Ventas is one of the most emblematic neighborhoods of the city of Madrid. Very well connected thanks to the different metro and bus stops that are in the neighborhood and that connect the area with the rest of the city areas. In addition, it is very close to one of the main arteries of the Spanish capital, the M-30, which communicates with the rest of the capital.

Calle de Alcalá is the main artery of this neighborhood. The continuous transit and its commercial activity avoid having to leave the neighborhood in search of almost any good or service. In addition, it has a supermarket distributed over three floors, where you can find all kinds of services.

The promoter is FEDEZU S.L, a company incorporated in 2017 whose corporate purpose is the purchase, acquisition, transfer, holding, exploitation, and lease of real estate, both rural and urban. The investments of FedeZu Group are always distinguished by their high quality, architecture and cutting-edge technology, with attention to every detail. The Group's projects are mainly residential with commercial areas. They are specialists in human scale housing ideal for investors or end customers.

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 capital contributed by the investors.

This is the perfect new-built opportunity you were looking for to invest in the center of Madrid!

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; 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 real estate prices, which may or may not occur. The promoter has limited own resources so that his responsibility in the project is limited to 3,000 euros (own funds: 233,897.44 euros as of 12/31/2017). An estimate has been made of the commission charged to the investor, for an average investment of € 1,000 for which Housers would charge € 0.75 per month during the first year of the project's life. The maximum term to invest in this opportunity may be extended by an additional 25% to the initially foreseen term, 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%. .

1 Development Loan: Loan at a fixed rate of 18 months to the real estate developer where the interest is distributed monthly and the principal is amortized at the end of the project.

2 Fixed annual interest rate of the loan. Although, the interest is not guaranteed, there is an additional guarantee provided by the developer.

Location