Princesa 61

Magnificent DEVELOPMENT LOAN opportunity in the center of the capital: 8,5% in 12 months! 

Type of opportunity: Loan.                                               Type of investment: Development Loan. 

Princesa 61 is a great development loan opportunity that consists of the concession of a loan to a project developer for the subdivision of a 281 square meter apartment on Princesa Street, one of the principal roads of the capital and most commercial areas in the city. 

Key Points to keep in mind: 

1. The residence has already been purchased. 
2. The financing will go towards the subdivision of the apartment (demolition and rehabilitation).
   
3. The subdivision has already been approved by the community.
4. The project was already approved and we have the necessary permits to begin construction.
   
5. We have already financed a project through this project developer, Princesa, which consisted of the subdivision of an apartment on another floor in the same building. This opportunity has distributed interest month by month since the beginning.
6. It is a development loan opportunity; therefore, you will not have to wait for the sale of the apartments, you begin to obtain income from the first month until the project developer amortizes the entire loan. The interest is of 8,5% in only 12 months! 
7. The scoring of this opportunity is D. To know all the information about this system, click here. 
8. Remember that you can always as an investor, get in touch with the rest of investors to sell your investment in the MarketPlace.

The apartments are located at Calle Princesa, 61, just by the Arguelles metro station on the corner of Alberto Aguilera Street. Without a doubt, it is one of the most sought after places to live in Madrid. The apartment is 281 square meters, on the 4th floor, and with the subdivision, two independent apartments will be built:

• One of them is exterior with 177 m² distributed into a living room of 45m² with separate kitchen, two bedrooms with bathroom, a toilet and a third room with a large dressing room and bathroom with sauna and jacuzzi. 
• The second apartment is 104 m² with a large living room with integrated kitchen, three bedrooms with bathrooms plus an outside toilet. 

You can see the dossier of apartment 1 and apartment 2.

Calle Princesa runs from Plaza de España to Moncloa, a total of 1.3 kilometers. It is one of the main roads of the capital, an extremely lively area that is full of life and movement. You can find plenty of shopping here with all of the big fashion chains in addition to many small shops specializing in accessories, as well as the El Corte Inglés department store.

The apartment is in the neighborhood of Argüelles, a residential but lively neighborhood of Madrid belonging to the Moncloa-Aravaca district. In the area you can also find some of the most exclusive and visited places in the city such as the Plaza de España, the Templo de Debod, the Parque del Oeste, and the exclusive streets of Pintor Rosales and Ferraz.

The developer is KOTA CONSTRUCCIONES Y CONTRATAS SL, a company dedicated to investing in real estate mainly in the city of Madrid. Established in 2009, it has 9 years of experience with the corporate purpose of contracting and executing all types of works, both public and private promotion of all kinds of real estate. 

In addition, it is important to know that GOC carries out the monitoring of all projects of this type, so there will be a permanent control of all the capital contributed by the investors. 

Invest in a unique project in a highly sought-after area of the capital!

Location