Type of opportunity: Loan Modality: Fixed interest (Sell)
New fixed interest (sell) opportunity in Madrid: 10,72% in 18 months! The annual interest is 7,15% in 12 months.
Plaza de la Morería is a new opportunity in Madrid, more precisely in La Latina neighborhood, which consists in the granting of a loan to a project developer for the purchase, reform and decoration (through the Home-Staging technique) of a retail space in order to turn it into a residential property and split it in two parts.
Once purchased, the developer will proceed to make the formalities for the change of use and segregation and then begin to reform, furnish, decorate and finally sale it.
Why investing in Plaza Morería?
The project is located in Calle Granado 2, in La Latina district: it could not be a better area to invest in thanks to its closeness to many tourist places such as the Royal Palace, the Almudena Cathedral, the Segovia bridge, and the Cebada market.
The property has a total area of 96m2, and it is on the ground floor of a building which is not equipped with an elevator. It will be divided into two parts and its usage will be residential, as to obtain two apartments, distributed as followed:
The opportunity is only a few minutes away from the Almudena cathedral, the Vistillas gardens, the Atenas park, which is one of the biggest parks in the center of Madrid. Considering the location, there’s a perfect connection with the rest of the city: La Latina metro station is really close to the property and it also serves many buses lines. The major arteries of the city, M-30, and M-40 can be reached easily and rapidly.
The project developer is Loving Madrid Properties, a company that has lots of expertise in terms of Real Estate Consulting.
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.
Invest and save in Madrid!
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..
Annual Yield7.15 %
TOTAL YIELD10.72 %
March 12, 2019
March 31, 2019
April 12, 2019