Ethic Houses III

New development loan opportunity in Portugal with an annual yield of 9%! 

Type of opportunity: Loan.                                                  Modality. Development Loan. 

After the first and second phase of the Ethic Houses project, respectively for the purchase of the land and the construction of two out of the four townhouses that are meant to be built at the end of the project, we are introducing you to Ethic Houses III. It consists of the granting of a loan to a project developer for the construction of the other 2 townhouses. The opportunity is located next to the city of Loures, Portugal. 

Loures is a residential city that’s only 20 km far from Lisbon. Its location is perfect for those that want to live close to the city but at the time want to enjoy the calm environment of the suburb. The opportunity is well connected to Lisbon and to the rest of the country: A8 and A9 routes are within 5 minutes only. Moreover, Lisbon airport is only 15 minutes far.  

Why investing in Loures?

• The demand for accommodation in Loures is rising, largely due to the huge growth of Lisbon, which, according to PWC's Emerging Trends in Europe 2019 report, has been considered the best city to invest in 2019. 
• The division of the land has already been approved and the procedure for obtaining the construction license is already in its final phase.
• As an investor, you can always sell your investments through the Direct Communication Channel (DCC). 
• Due to the fixed-rate nature of the opportunity, you will start earning right from the first month after you made an investment. The interest is 9% in 12 months!
• The opportunity's score is D. 

The project involves the purchase of 4 lots (3 with an area of 384m2 and one with an area of 405m2) in order to build 4 townhouses, each one composed by 3 floors and has a total area of 270m2. The distribution will be as followed: 

Ground floor

• 4 bedrooms.
• One bathroom.
• Living room.
• Dining room. 
• Kitchen.

First floor

• 2 bedrooms with private ensuite. 

Each townhouse will have a private swimming pool with a relaxing area, a garden and a parking lot. 

Thermal efficiency will also be taken into account: each property will be built with solar orientation and the walls will be covered with Dryvit, an excellent thermal insulation material applied to the entire external surface.

The company Ethicfree Houses is the project developer who has made a partnership with CONSOC Industries. This association has a great knowledge of the Portuguese real estate market and it excels in taking care of projects’ details.  

Make a short-term investment in Portugal! 

Location