Mercado Nuevo

Type of opportunity: Loan.        Modality: Development Loan.

New opportunity to invest in Barcelona! 9% in 12 months

Here we have some basic information for investors, including an introduction of the project developer.

Mercado Nuevo is a development loan opportunity. The objective is the granting of a loan to a project developer for the purchase of an apartment 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 towards the purchase of the property.
   
2. The land is already owned via a deposit contract.
   
3. Being a Development Loan opportunity, you will not have to wait for the sale of the home to start earning income. You will start to earn income from the first month until the developer repays the entire loan. The interest is 9% in only 12 months!
   
4. The scoring of this opportunity is D.
   
5. All of the Development Loan opportunities that are financed on our platform are distributing interests with an average profitability of over 9%. 
   
6. Remember that as an investor you can always get in touch with fellow investors to sell your investment in the Marketplace.

Once the property has been acquired, the restoration of the house will be carried out in order to prepare it for its eventual sale.

The project will consist of the restoration of the ground floor of a 7-story building. The apartment is a total of 80 m² that will have the following distribution:

• Two bedrooms
  
• Two bathrooms
  
• Kitchen 
  
• A large living room that opens up to an interior garden terrace (7 m²)
  

The apartment is located in the neighborhood of Sants, in the city of Barcelona. The street address is: Rossend Arus, 40. This street is just south of the well-known Sants station, a mere 500 meters away. It is extremely well located, and easily connected to the city center and all of the most symbolic sites of the city such as Plaza de España and Montjuic.

The project developer is Vanguard Asset Management. This developer operates under the OnlyOne Barcelona brand, and is a company specialized in the development of small and medium-sized residential real estate projects. They have more than 20 years of experience, they were also owners of the Promobuilding, and developed over 1,000 homes before 2017.

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

Do not miss this Development Loan project in Barcelona!

Location