Ponzano 59

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

New development loan opportunity in one of the trendiest neighborhoods of the capital: 9% in 12 months! 

Ponzano 59 is a development loan opportunity that entails the concession of a loan to a project developer for the purchase and rehabilitation of a 50 square meter apartment on Ponzano Street, one of the trendiest areas of the capital thanks to its lively gastronomy scene.

Get ready for #ponzaning!

It is important to note:

1. The financing will go towards the purchase and rehabilitation of an apartment.
   
2. It is the same project developer as Princesa and Princesa 61, both successfully funded on the platform. The first of which is distributing interests month by month; In the case of Princesa 61, the financing was completed a few days ago.
   
3. The apartment building has an elevator and a porter.
   
4. Being a development loan opportunity, you will not have to wait for the sale of the apartment to receive interest, you start earning income from the first month until the developer repays the entire loan. The interest is 9% in just 12 months!
   
5. Scoring of this opportunity is D.
   
6. Remember that as an investor, you can always get in touch with the rest of investors to sell your investment in the MarketPlace.

The location is unbeatable. The building is located at Calle Ponzano 59, in the heart of the Chamberí neighborhood, just a few meters from the former headquarters of Telefónica, now owned by the British WPP- the largest advertising and public relations company in the world. There are more than 2,500 employees. Less than five minutes away is the Rios Rosas metro stop.

The property has a spectacular terrace and the distribution will be as follows:

• One bedroom
• Living room
• Independent kitchen
• One bathroom

Ponzano Street, is one of the best-known streets of the Chamberí district. It starts at Santa Engracia Street and ends with the street of Raimundo Fernández Villaverde. The road is famous for the multitude of restaurants that can be found there. It has a mix of local family run restaurants coupled with modern new gastronomic proposals that give name to #ponzaning.

The project developer KOTA CONSTRUCCIONES Y CONTRATAS SL is a company dedicated to real estate investment focused in the city of Madrid. The company was incorporated in 2009 with the corporate purpose of contracting and executing all types of works, both public and private, of all types 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 the center of Madrid!

Location