Solimar II

New development loan opportunity in Costa Blanca with a total yield of 8% in 12 months! 

Type of opportunity: Loan; Modality: Development Loan;

Solimar is a new development loan which entails the concession of a loan to a project developer to cover the costs of works for the building of 6 townhouses in Los Montesinos, in the Alicante province. 

Los Montesinos is a traditional Spanish town situated fifteen minutes away by car away from the big city of Torrevieja on Spain’s sunny Costa Blanca coastline with its superb blue flag beaches and golf courses. 

The town is right next to the giant salt lakes of Torrevieja known as Laguna Salada de Torrevieja and Laguna Salada de la Mata, this makes for a really healthy climate. Furthermore, Los Montesinos is known for its mild temperature that never goes below 10 degrees Celsius. 

The project consists of 6 isolated townhouses, each of them with a private yard, garden, swimming pool, and garage. They are perfectly suitable for families looking for a holiday home to go during the Summer. 

Why investing in Solimar? 

• The land already belongs to the project developer and the building permission has already been approved.
• One of the townhouses has already been built and 3 out 6 townhouses are already reserved. 
• 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. The interest is 8% in 12 months!
• As an investor, you can always sell and communicate with the rest of the investors through the Direct Communication Channel (DCC).
• The opportunity’s score is B. 

Once the works will be completed, each townhouse will have an area of 104 m2 and the distribution will be as followed: 

• Ground floor: kitchen, living room, one toilet, one bathroom, one bedroom, and a courtyard. 
• First floor: two bedrooms, one bathroom, a terrace.
• Covered floor: solarium.

The Alicante’s airport is at only 40 minutes by car and the closest beach is that of Guardamar, a ten-minute drive away from Los Montesinos. Also worth a visit are Torrevieja beaches and La Zenia beaches.

Costa Blanca has always been an attractive place for real estate investment in Spain. As a matter of fact, according to the Area de Urbanism's data, building licenses have been increasing by 23% since last year. 

The project developer is GRUPO SOLIMAR, a company with more than 30 years of experience in the Real Estate sector both for the construction as well as the Real Estate promotion. No matter what, they always plan their strategies based on their customer's needs. 

Finally, 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.

Diversify your portfolio with an investment in Costa Blanca! 

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