Macchia Romana II

Macchia Romana 2: the second phase of the fixed rate project Macchia Romana in Potenza, Italy with an annual yield of 9% in 12 months! 

Type of opportunity: loan  Modality: development loan

The project consists in the granting of a fixed rate loan for the construction of a residential building of 34 apartments of various sizes with a total area of 3,400 m2 in the residential district Macchia Romana in Potenza.

It is important to emphasize that:

• The project developer is a solid company with experience for over four generations and provides an additional guarantee with a land in Scanzano Jonico for the value of 4.8MLN euros (this valuation value of April 2018).
• 55% of the housing units is already reserved.
  
• The first project, Macchia Romana, is punctual in giving back the payments to its investors.
  
• It's a development loan opportunity, so you will not have to wait for the sale of the houses, you'll start receiving revenue from the first month until the project developer amortizes the entire loan.
  
• The interest is 9% in just 12 months.
  
• The scoring for this opportunity is C. 

The project consists of the construction of 34 apartments divided into 2 buildings of 6 floors and a basement, with the following features:

BUILDING "A"

• 6 three-room apartments plus services;
  
• 2 three-room apartments with two bathrooms;
  
• 8 four-room apartments with two bathrooms;
  

BUILDING "B"

• 2 two-room apartments plus services;
  
• 8 three-room apartments plus services;
  
• 4 three-room apartments with two bathrooms;
  
• 4 four-room apartments with two bathrooms;
  

The 34 garages are located in the basement and it is also planned to build a green area downstream of the building with a pedestrian path that will allow you to easily reach the heart of the residential area where the property is located.

Basilicata is a region of mountains and nature as well as of the sea and the beach, which overlooks the Tyrrhenian and Ionian seas. Potenza is the capital city and other internationally known locations are Maratea and Matera. In particular, the city of Matera, capital of the region famous for its typical stone constructions, will be the European Capital of Culture in 2019.

The area in which the project is located is mainly intended for residential settlements, characterized by numerous other interventions with the same intended use, all developed along the road axis that connects the Rione Macchia Romana with the external and internal roads to the municipality (tangential direction Foggia - Metaponto, Basentana, A3.)

For some years the area has attracted the investment of the most important entrepreneurial groups in the real estate sector. The residual availability of land can be considered close to zero, in the area of strategic importance.

Both the San Carlo Hospital and the University of Basilicata are just 5 minutes from the property, which is well served with all the primary services accessible on foot as supermarkets, municipal offices, church, primary and secondary schools.The main connections including metro and bus of the city of Potenza, ring roads and highways for connections with the main neighboring cities such as Matera, Bari and Taranto, are easily accessible.

The project developer IMMOBILIARE MADRÒ SRL is a company that deals with the construction of real estate in various parts of the world, as a group of the Marella family has over 100 years of history. They have done much work in the public sector as the main development work on the road network (highways) and trains (high speed) and in the private sector as developers of real estate complexes from Trentino Alto Adige to southern Italy. Among the most significant projects, it is worth mentioning the restructuring and resale of Palazzo Bentivoglio in Ferrara.

In particular, Francesco Marella in 2007 was the first and only citizen of Basilicata with a partnership in the region of Milan where he managed to convey a large part of his properties into a listed real estate investment company (SIIQ).

As always, it is important to underline the existence of a close agreement with the Argos company, as an escrow agent to monitor the capital raised by the Housers community and the distribution of funds according to progress status.

Location