Type of opportunity: Participative loan Modality: BUY-TO-SELL (purchase, reform and sale in 12 months)
Invest in Madrid and earn extra income in 12 months!
Here you can find some basic information for investors, including an introduction of the project developer.
The purpose is the granting of a loan to a project developer for the acquisition, renovation, decoration through the Home-Staging strategy and ultimate sale in 12 months of an apartment in Barrio del Pilar in the Fuencarral-El Pardo district, without a doubt, one of the trendiest neighborhoods in Madrid.
A new municipality plan called “Operation Chamartin” was recently approved in an effort to bring new housing to the under-saturated southeast neighborhoods of Madrid. Operation Chamartín means a revaluation of the districts of Tetuán and Fuencarral-El Pardo, by eliminating the architectural limitations that restricted their growth. We can already proof of this growth. According to Tinsa, in the first quarter of 2018 the price per square meter in this district increased to € 3,015, 14% more than a year ago.
Why invest in La Vaguada?
The apartment is 50m2 and located on Calle Sarriá, 14 perpendicular to the Avenida de Monforte de Lemos, one of the main axes of the area. The Barrio del Pilar is a very residential neighborhood with buildings of various heights and also gardens and areas of common use. The neighborhood has a big festival celebration in October and is one of the most popular areas in the city of Madrid.
The neighborhood is well situated with all the necessary shops for day to day needs, as well as banks, supermarkets and pharmacies. It is only 200m away from the Peñagrande metro stop and less than 1 km from La Vaguada, the first shopping mall in Madrid, as well as the first in Spain. The area is perfectly connected with the city center via both the metro and bus. Additionally, the M-30 is also easily accessible, just 1km away.
The apartment complex itself has recently been renovated and has an elevator. The apartment is located on an outside mezzanine floor, with exterior windows to the street and a bright inner courtyard. It will be completely renovated including furniture and decoration with the following distribution:
The reform will be carried out under the turnkey model, the budget is closed so there will be no changes.
The project developer will be responsible for carrying out all the tasks and management necessary to make the sale, execute and control the rehabilitation of the property, carry out the marketing strategy well by itself; well through third parties. In addition to, follow-up throughout the life of the project and be responsible for performing the necessary tasks for the management of the day to day of the property.
Are you going to let this opportunity pass you by?
In Spain, Housers is a crowdfundig platform registered next to CNMV (Spanish Regulator) with register number 20. Housers is a platform that facilitates access to loans related to real estate transactions promoted by third-party companies, previously analyzed and validated. Housers does not offer financial advice and none of the proposed activities should be considered as such. The analyzes shown in these pages are general information and do not in any way constitute specific advice. The projects illustrated are not subject to the supervision of any national or international financial authority or regulator. The transactions presented are forecasts only and as such, they may be subject to change. Investing through Housers involves risks, including illiquidity, loss of investment, and it should only be done as part of a diversified portfolio. Your capital is at risk.
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