Development Loan Development Loan
Risk level D
ES

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

New development loan opportunity in Llanes, Asturias: 9,50% in 12 months! 

New destination! We present the first opportunity in one of the municipalities with the greatest tourist tradition in Asturias, Llanes. Located in the north of Spain, Llanes offers the appearance of a historic village and not in vain, its historic center is declared a Historic-Artistic Site and preserves important examples of civil, religious and military architecture.

The objective is the granting of a loan to a promoter for the purchase of land from a banking entity and the construction of a residential building with 41 houses in height. The work already has the first foundations.

It is important to note:

  1. 50% of the purchase price of the land is financed.
  2. Part of the structure had already been built with an old building license which must be updated and modified to adapt the construction to the new project.
  3. The developer is already in talks with a bank interested in the operation to request the developer loan.
  4. Six housing units are already reserved.
  5. Being a development loan opportunity, 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 9,50% in only 12 months!
  6. The scoring of this opportunity is D. 
  7. Remember that you can always as an investor, get in touch with the rest of investors to sell your investment in the Marketplace.

Llanes stretches about 30 km along the Cantabrian coast and has a population of around 14,000 inhabitants. It has innumerable charms that trap every local and visitor: the beaches and cliffs, the green landscapes ideal for mountain and hiking, its port, its streets and its gastronomy. In addition to being able to enjoy a beautiful historical helmet, declared Historical-Artistic set since 1971.

The residential building is located exactly in the Malzapatu urbanization and will have a total of 41 houses in height distributed in:

  • 14 duplex in a semi-basement and ground floor of between 80 and 140 m2,
  • 12 homes on the first floor between 50 and 100 m2,
  • 15 duplexes on the second and third floor of between 80 and 110 m2 with terrace,
  • Swimming pool and community spaces,
  • 40 garage spaces.

The project developer is SARDEU SL with more than 20 years of experience and dedication to the construction, management and development of land with numerous real estate developments both rehabilitation and new construction mainly in Asturias.

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 the destination of all the capital contributed by the investors.


Diversify with the first opportunity in Asturias!

4,313.82 m2
108 Bedrooms
72 Bathrooms

Location

Floorplan

Housers is a platform that facilitates access to equity 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, lack of dividends, loss of investment and dilution, and it should only be done as part of a diversified portfolio. Your capital is at risk..

Asturias
41 Homes
status:
DCC
Term: 12 months
More information

Annual Yield

9.50 %

TOTAL YIELD

9.50 %
Term: is the estimated duration of the opportunity.
Annual Profitability: it is the fixed interest agreed by the promoter. The interests will be divided monthly.
Total profitability: is the estimated total return on the investment. It takes into account the term and the fixed annual interest agreed by the developer. It could receive: it is the estimated amount of the investment made plus the total fixed interest of the loan.
Shares for sale
3,300
exchanged
68,497
I want to invest
Number of shares:
0
Purchase price:
0.00 €

Timeline

Funding started

October 26, 2018

Funding completed

November 25, 2018