Plaza de Sants

Invest in the first Development Loan project in Barcelona: 4,75% in 6 months! (9,5% annual yield)

Type of opportunity: Loan. Modality: Development Loan¹.

The first development loan opportunity in Barcelona is here! The objective is the granting of a loan to a project developer for the rehabilitation of three existing apartments in a multi-family building in the Sants neighborhood, one of the gates to Barcelona, thanks to its large train and bus station, the largest in Catalonia.

Important points to keep in mind:

1. The financing will go to the necessary procedures to start the works and to the rehabilitation of the building: improvements in façade and roof and adaptation of the staircase and common areas.
   
2. The land is already owned.
3. Two of the three apartments have already been reserved.
4. The City Council has already issued a report of favorable technical suitability, so the project is in accordance with the urban requirements of the area.
5. The basic project has already been presented and work will begin with a responsible statement that has already been requested from the town hall.
6. Several banking entities have already shown interest in financing construction.
7. Being a development loan project¹, you will not have to wait for the sale of the homes, you start earning income from the first month until the developer repays the entire loan. The interest is 4,75%² in only 6 months! (9,5% annual yield)
8. The scoring of this opportunity is D. 
9. All the opportunities of this modality, Development Loan, financed in the platform are distributing interests with an average profitability superior to 9%. 
10. Remember that you can always as an investor, get in touch with the rest of investors to sell your investment in the Marketplace ³.

This project will be located exactly on Calle Cros, 21 in the Sants neighborhood, just 500 meters from the well-known Sants station. Within its limits of the area is the mythical mountain of Montjuïc, with the sea delimiting it.

In Sants, you can enjoy many attractions such as the Parque de la España Industrial or the well-known Plaza España and Montjuïc, where the Spanish Village, the Magic Fountain and the Fira de Barcelona halls are located (the trade fair institution of Barcelona and one of the most important in Europe). Also walking you can reach the Camp Nou or Complex L'Illa located on the Diagonal.

Sants has several universities such as the National Institute of Physical Education of Catalonia the Contemporary Art Studies Center next to the Joan Miró Foundation, the Faculty of Library and Information Science of the University of Barcelona. In addition, next to it is the Les Corts neighborhood, the university area of Barcelona.

In the center-east of the neighborhood is the Barcelona-Sants central station, from which the high-speed trains depart and which offers connections to the rest of Spain and the south of France. In addition, there is a direct train to El Prat airport. There is good bus and metro communication (Sants Station, Plaza de Sants and Plaza del Centro, Badal, Mercado Nuevo and Hostafrancs).

It is a family and residential area with good connections to the center of the city and within reach of all kinds of shops and services. There are a lot of bars and restaurants and it is only 10 minutes by metro from the center of Barcelona.

The project has a total of 258.35m² built consisting of three apartments distributed on the ground floor and two floors with a space of common areas on the roof. The ground floor has a garden.

Each house has approximately 76m² distributed in two bedrooms, a bathroom and a spacious living room with integrated kitchen.

The huge shortage of new construction product and the great buyer appetite guarantee the success of this opportunity. And if you have any doubts, read on, the last report of the Valuation Society makes it very clear:

• In 2014 about 60% of the new apartments that were for sale in the city of Barcelona were finished, and ready to move in, while today only 15% are in that situation in Barcelona capital.
  
• In Barcelona and the municipalities of its metropolitan area (which account for 65% of the population of the province and 66% of the housing stock) in the last two years 89% of homes have been sold and there are only 3,601 new homes for sale, of which only 1,047 are in the same city of Barcelona (1 per 1,528 inhabitants, because 1.6 million people live in the city).
  
• The appraiser points out that the stock of new housing for sale will be exhausted in 14 months in Barcelona.

The project developer is VANGUARD ASSET MANAGEMENT.

In addition, it is important to know that GOC will carry out the monitoring of this type of projects so you will have permanent control of all the capital that investors contribute. 

Do not miss the first Development Loan project in Barcelona!

Risks and warnings: Housers is not covered by any guarantee fund for investments or deposits. 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 does not accumulate projects on the platform, so there is no additional concentration risk. The promoter has limited own resources so that his responsibility in the project is limited to € 3,000 (Own Funds: € 2,459.41 of the Company at 04/17/2018.) 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 € 0.79 per month during the life of the project if the estimated annual return is met, however, there is an additional guarantee that you can consult in the Promoter's Report. Particular conditions of this project offered, the first 300 investors in it, will have the possibility of accessing relevant information on future projects. The maximum term to invest in this opportunity may be extended by an additional 25% to the initially foreseen term, according to the Law of Promotion of Business Financing Likewise, HOUSERS may close the financing of this opportunity / project when it has been financed by 90%. Note: the image of the project is merely illustrative and not contractual.

1 Development Loan: Fixed rate loan at 12 months 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 Report of the Promoter.

3 Marketplace: 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.

Location