New investment opportunity in the north of Madrid!
Type of opportunity: participative loan Type of investment: BUY - TO - SELL( (purchase, reform and sale in 12 months)
The purpose of the Olite’ project is the grating of a loan to a project developer for the acquisition, renovation, decoration, through the Home-Staging strategy, and the ultimate sale in 12 months of a property located in the district of Tetuán.
The area is of a great interest as many successful Housers’ projects took place in there. Examples are: Maravillas, an opportunity that was launched during the last month and was financed in less than 24 hours, San Valeriano, and Alvarado, a project which was purchased, reform and finally sold in only 8 months with 20% IRR.
Why investing in Olite?
The 71 m2 apartment is located on calle Olite 48, in the neighborhood of Bellas Vistas, only a few meters far from calle Bravo Murrillo. It is a residential area that is surrounded by many parks and where you can find the Amaniel aqueduct.
In addition, the apartment is well connected to the city center thanks to many public transports that you can find nearby: within 5 minutes walking, there’s Glorieta de Cuatro Caminos that serves the metro lines 1, 2 and 6. It is, in fact, a commercial area, with many supermarkets, banks and shops that cover any kind of necessity.
The apartment is located on the fourth floor of the building and it will be completely reformed with new furnitures and decoration thanks to the Home-Staging’s strategy. The final distribution will be as followed:
The project developer will be responsible for carrying out all of the tasks and management necessary to make the sale, execute and control the rehabilitation of the property, including carrying out the marketing strategy. In addition, the project developer is also responsible for following up throughout the life of the project and responsible for performing all of the necessary tasks for the day to day management of the property.
Invest in an area of Madrid with growth and potential!
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..
Average IRR equivalent projects
Average IRR equivalent projects: average rate of opportunities of this type considering the characteristics of the property (type, risk, city, area and square meters) concluded until today. It is used to evaluate, from a financial perspective, the profitability of a project or set of projects and compare it with other types of investment in the market; it is always expressed as a percentage. HOUSERS calculates the IRR considering the set of income over the life of the different projects in each of its typologies. Past performance does not guarantee future returns.
TERM: is the estimated duration of the investment.
December 11, 2018
December 13, 2018
February 8, 2019
February 14, 2019
Renovation status update
April 8, 2019