New development loan in Milan with an annual yield of 10% and a length of 18 months!
Type of Opportunity: Loan Modality: Development Loan
We introduce you to Future Living Pistrucci, the latest development loan in Milan that consists in the granting of a loan to a project developer for the acquisition and rehabilitation of a building which will be composed by 21 residential units.
Future Living Pistrucci is located inside a yard in Pistrucci street nº20, in the southern-east area of Milan. It is a residential neighborhood with multi-floors buildings and commercial sites.
Why investing in Future Living Pistrucci?
Milan is the Real Estate Investment capital in Italy: in 2018 more than 40% of the Italian operations’ volume took place here.
In addition, there are great estimations that Milan is soon to be the queen of Europe in terms of investment; for the next 10 years, there’s an estimation of 13 millions of euros invested in Milan and the majority of the investment will come from foreign countries.
Many factors such as the efficiency in public transports, low unemployment rate and an increase in population, are signs that put Milan’s economy into a positive perspective.
The opportunity is located in a residential area, where there is a high demand for new apartments. Right here, many brand new constructions were built in the last years and all of them were finished with an optimal selling performance.
The area is not far from the city center which is well-connected thanks to the many public kinds of transports, both undergrounds, and off-grounds. The Duomo di Milano can be reached within 10 minutes only through public transport.
Via Pistrucci 20 is close to many points of interest, such as Piazzale Libia, Porta Romana, the Bocconi University, the Prada Foundation expositive space and, last but not least, many commercial activities. Furthermore, many trendy bars and restaurants, like Cascina Cuccagna, are not far from the opportunity.
There are also many parks in which you can easily disconnect from the chaos of the city without actually leaving the city; it is the case of the Vittorio Fomentano Park, the Piazzale Martini Gardens and the Alessandrini Park. In the surroundings, there are also the Palazzina Liberty, a classical music house, the Maison Etro and Prada offices and the Porta Romana Spa.
The property is well connected to the rest of the city and the country as well: the main highways are easily reached and the Milan Linate airport can be reached within 10 minutes by car.
The apartments will be modern and stylish with an internal area of 60 mq. The distribution will be as following:
Lots of importance will be given to the common areas, both internal and external. Additional services will include Amazon lockers, a co-working space, a gym, car sharing and/or bike sharing.
The requalification will enable, through the rehabilitation and the maintenance of the existing building, to give high and qualitative energetic standards (class A+). There will be an attentive study of the common spaces and services, materials and layout as well as furnishing solutions. Interior design will be one of the main strength thanks to concealed furniture to optimize the space.
The sponsoring company, Future Living, was born by the idea of two partners that wanted to improve the real estate projects, creating innovation and being up-to-date. The project consists of applying many innovative factors to the real estate market and other sectors. The two partners have both excellent resumes, having collaborated with big multinational companies such as Google, General Electric Consulting, The Boston Consulting Group Entrepreneurship. Due to their exceptional experience, they want to bring to the project constructive quality, a high level of technology and the application of artificial intelligence, elements that have characterized all the projects they have undertaken.
Finally, it is important to know that Argos (similar to the agreement with GOC in Spain) will carry out the monitoring of this type of projects so that there will be a permanent control of all the capital that investors contribute.
Invest in the latest development loan in Milan!
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.
Annual Yield10.00 %
TOTAL YIELD15.00 %
July 06, 2020
Rental income paid
June 11, 2020
July 9, 2019
June 11, 2019