Manilva

New residential property on the Malaga’s coast with a return of 9% in 12 months only! 

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

Manilva is a new fixed-rate opportunity that entails the concession of a loan to the OTERO GROUP. The group, which has more than 60 years of experience in the construction industry, is committed to purchase the lands and consequently build 17 villas on Costa del Sol, more specifically in the municipality of Manilva. 

It is important to note that:

• The loan is aimed to purchase the lands. 
  
• The commercial name of the project is“DON AMARO” and it consists in building a total of 42 villas, of which only 17 are financed by Housers. 
  
• OTERO group is supervising the whole developing project. It leads to a more cost efficiency approach and, more importantly, to a total control of the time, enabling the coordination between the different departments as well as between the different project phases.  Otero is the only developer that can build up a promotion in only 30 days ! 
  
• Due to the fixed-rate nature of the opportunity, you do not have to wait until the houses are sold in order to earn money. Indeed, you will start earning right from the first month after you made investment. The interest is 9% in 12 months only.  
  
• The opportunity’s score is D.
  

The most important project’s feature is that the 17 villas are built in a traditional way. They all have an excellent  insulation quality in order to reduce the energy consumption and the carbonium’s emissions. 

Each house has a surface of 424 m² and they all come with an independent access, two car parks, a swimming pool and a garden.  

On the ground floor there will be a terrace, a large living room, a kitchen and a bathroom. The first floor will be composed by 3 or 4 bedrooms and 3 bathrooms. 

Moreover, depending on the landlords’ request, there will be the possibility to add extra features to the villas, such as: 

• A relax area next to the swimming pool;
  
• Automatic watering;
  
• Automatic swimming pool’s coverage; 
  
• Large basement;
  
• Rooftop.

Manilva is one of the most known touristic area  in Costa del Sol. It has 15.000 permanent residents and during the summer it can reach up till 50.000 habitants. Due to the beauty of its beaches, its vast golf courts and its touristic harbour, Manilva can offer a fantastic historical and cultural heritage to its visitors. 

GRUPO OTERO was originally founded more than 60 years ago in the north of Spain and almost 10 years ago it expanded to Marbella. Now its expansion is led by the third family’s generation, does not seem to be over yet. During all these years, it has developed and built more than 3.000 houses and it is currently involved in more than 100 different project on Costa del Sol. 

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

Location