Fixed interest<br>(rent) Fixed interest
(rent)
Risk level B
ES

New investment opportunity in Seville with an interest of 22,50% in 5 years! 

The project developer has agreed to set aside the fees corresponding to the first 12 months in advance. The interests’ payments will be transferred monthly.

Type of opportunity: Loan                                       Modality: Development Loan

Select Seville is a development loan that consists in a loan to a well-established project developer which aims to complete the renovation of two buildings in the center of Seville and they will then be used for touristic rentals.

It is important to underline that:

  • The interest is 22,50% in 5 years, meaning 4,50% annually.
  • 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 an investment
  • You can sell your investment in the Direct Communication Channel (DCC).
  • The scoring system rated the opportunity with the letter B

The project has a total of 29 apartments that will be rented in the touristic modality and a commercial building that will be normally rented. The aim of this funding is to cover the rehabilitation as well as the equipping costs for both buildings. 

The first building belongs to the project’s promoter and it is composed of commercial space and 16 apartments. It is located in calle Feria 14, only 500 meters from Plaza de la Encarnación. It has 5 floors and the commercial space is located on the ground floor and the rest of the building is composed of 16 apartments. The whole space has an area of 1.121 m2. 

The second building has a 25-year operating license and consists of 13 apartments. It is located in calle Santa Paula 26, only 1 km far from Santa Justa train station. Right now, the reconstruction works have already started and, once they will be completed, the property will be composed of 3 floors with a total area of 695 m2. On the first floor, there will be 6 apartments, while 5 flats will be located on the 2nd floor and 2 on the third. 

Both properties are located in Seville city center, not too far the historic area as well as the commercial area. Particularly, they are only 15 minutes far from the main tourist attractions, such as Alcázar, Catedral, and Torre de Oro.

There are different typologies of apartments:

  • Studios.
  • One-bedroom apartments.
  • Two-bedrooms apartments. 
  • Fully equipped apartments with either one or two double bedrooms, a bathroom, and an American kitchen.
  • Both buildings have an exterior swimming pool which is key to attract tourism. 

The project developer SELECT SEVILLE APARTMENTS S.L. has already acquired one property and has rented the other for a period of 27 years. The renovation works have already started and they will be completed by the first term of 2019. On the other hand, commercial use will start on the second term of 2019. 

The SSA SL Board of Directors is composed by a multidisciplinary team that has a lot of experience in the sector and it consists of entrepreneurs, lawyers, economists, experts in properties’ value, architects and engineers with experience in financial consulting. 

The management of the rent is held by SENSORIZ SL, an operator that has a solid experience is Seville. 

The reform of the building located in the Santa Paula street has just been concluded. Here you can find the pictures of the completed renovation.

Invest in Select Seville and start saving today! 

1,999 m2
33 Bedrooms
34 Bathrooms

Image gallery

Floorplan

In Spain, Housers is a crowdfundig platform registered next to CNMV (Spanish Regulator) with register number 20. Housers is a platform that facilitates access to 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, loss of investment, and it should only be done as part of a diversified portfolio. Your capital is at risk.
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Sevilla
2 buildings
status:
Project Funded
970 Investors
450,000.00 €
Term: 60 months
More information

Annual Yield

4.50 %

TOTAL YIELD

22.50 %
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.

Timeline

Funding started

January 15, 2019

Funding completed

March 7, 2019

Relevant event

July 23, 2019