Gran Alacant

Type of opportunity: Loan                Modality: Development Loan 

New development loan opportunity in Costa Blanca with an estimated return of 8,5% in 12 months! 

Gran Alacant is a new fixed-rate opportunity which entails the concession of a loan to a promoter in order to undertake works on common spaces as well as to restore the interiors of 122 houses that altogether form a 9 residential blocks. The promoter has already acquired 21 out of the 122 properties.

The properties are located in Santa Pola, more specifically in the residential area of Gran Alacant, on the Alicante’s coast. 

The project consists in a total of 9 residential blocks that are composed by 122 houses. They all have a design which can be easily adapted to everyone’s needs, built with a new architectural concept, and the majority of them consists of 3 bedrooms and 2 bathrooms.

It is important to underline that:

• The promoter has already acquired 21 properties.
  
• The loan aims to restore the properties’ interiors as well as the common spaces in order to sell them later on.
  
• The restoring will be carried out by COR Asociados, an architecture firm which was found in 2006 and that has earned many prizes as recognitions of its work. 
  
• Due to the fixed-rate nature of the opportunity, you do not have to wait until the houses are sold in order to earn money. Indeed, you will start earning right from the first month after you made investment. The interest is 8,5% in 12 months!
  
• The opportunity’s score is D. 
  

The project wants to propose a redistribution of the land, according to the specific urban legislation. 

Green areas are designed as an enlargement of the sidewalks, using urban pavement to delimit the resting area from the children’s playground. Moreover, there are many trees and swimming pools. The idea is to create a common space which can be used as a recreational area as well as a space for meetings for those that live in the building. 

The properties are located just in front of the sea, on the Gran Alacant ridge, which offers a great view of the Alicante’s bay until Benidorm. 

The location of the complex within its surrounding gives it an iconic character thanks to its geometrical singularity. 

In addition, it is well connected to the best beaches (Carabassi, Arenales del Sol) that have all the comforts and services and to the Alicante-Elche Airport (only 10 minutes far).   

Costa Blanca has always been an attractive place for real estate investment in Spain. As a matter of fact, according to the Area de Urbanismo’s data, building licenses have been increasing by 23% since last year. 

Finally, iit is important to know that GOC carries out the monitoring of these types of projects, so there will be permanent control of all the capital contributed by the investors.

Diversify your portfolio with an investment in Costa Blanca! 

Location