Mediterranean Hills

Luxury for everyone! New development loan opportunity in Marbella: 8,5% in 12 months

Type of opportunity: Loan.        Modality: Development Loan.

Invest in an excellent development loan opportunity, again by the hand of By Nok, one of the best referents in the real estate business. The loan will go to the construction of a  luxury villa on the Costa del Sol, in Fuengirola, located in the residential area of ​​Buenavista in the municipality of Mijas, just 3 km from the seafront of Fuengirola.

It is important to note that:

• The villa has already been reserved, so its sale is guaranteed.
• The loan was requested for the development of the project and the construction of the villa.
• The land is already owned by the developer, which will soon require a license to start work.
• The basic project ready to be presented at the town hall.
• It’s a development loan opportunity; therefore, 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 8,5% in only 12 months.
• The score for this opportunity is D.
• Remember that as an investor, you can get in touch with the rest of the investors to sell your investment in the Housers marketplace.
• The developer By Nok has already financed several residential projects with Housers.

The project consist of a large luxury villa located in one of the 7 lots that make up the Mediterranean Hills complex, whose land has a total area of ​​800m² of which 360m² correspond to the villa that will be distributed in:
• Ground floor: large living room with kitchen and bathroom.
• First floor: three bedrooms and two bathrooms.
• Large porch and a rooftop terrace.
• Basement
• A large garden with swimming pool and terraces for private use.

The emerging residential area of ​​Buenavista is located within the municipality of Mijas, with a privileged position and fantastic views of the Mediterranean Sea, the coast of Fuengirola and Benalmádena.

The Mediterranean Hills project is located just 3 km from the seafront of Fuengirola and 20 km from the city of Malaga, with a convenient road link between the Malaga airport and the shopping centers of the area.

The mild temperatures during the autumn and winter, and the breathtaking landscapes, have made this locality of Andalusia irresistible for the investment property, for many internationals and celebrities such as George Clooney and Zinedine Zidane.

The promoter "By Nok" is a company with over 30 years of experience that in record time has established itself as a leader in the field of architecture, new construction and development of real estate with more than 5,000 properties built in recent years. Recently he was awarded as "Best Luxury Apartment Builder in 2018 in Spain" during the second edition of the highly acclaimed Home Builder Awards 2018.

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 Costa del Sol!

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