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Balcón de Finestrat - Castellets

This project benefits of EARLYIELD: the latest feature that enables you to get an annual yield of 10% from the first moment in which you make your investment. For more information, check our blog


This project has a Flex Contract, a new type of contract that has a duration of 12 months, that can be expanded up to 6 more months. For more information check out .

Type: Loan                                                                                                             Modality: Development Loan   Flex Contract1

New development loan in Alicante with a total yield of 8% in 12 months! 

We introduce you to Balcón de Finestrat, a development loan that consists in the granting of a loan to a project developer for the construction of 3 detached houses in Finestrat, Alicante. 

This funding corresponds to the first stage of the project which aims to collect a total of 500.000 euros. 

It is important to underline that:

The developer already owns the land. 

  • The building permission has already been approved.
  • The project developer has many years of experience, especially in trading with foreign clients. He’s the same developer of the Santa Pola project, an opportunity that has recently given back the capital to its investors and even before the previously decided time. 
  • There’s a high demand for detached houses.
  • Due to the fixed nature of the loan, you won’t have to wait for the sale of the houses to get income, instead, you will start earning from the very first month until the developer amortizes the loan. The interest is 8% in 12 months only! 
  • The opportunity scoring is A. For more information about the scoring system click here

Finestrat is a municipality of the Community of Valencia. It is located in the province of Alicante, in the region of Marina Baja.

It is one of the most charming towns of Costa Blanca, where the traditional structure of the houses has been respected behind the mole of Puig Campana. It is a beautiful coastal and at the same time mountainous municipality.

The houses are only 5 km far from the beach, rise on a hill characterized by its hanging houses. The most magical part of the municipality is the historical city center. It is, in fact, known for its small streets and it is built on the foundations of an ancient Moorish castle. Above these foundations, you can also find the Hermitage of the Holy Christ of the Remedy, surrounded by the Mirador.

The houses are about 130m2 each and they will have the following distribution:


  • American kitchen;
  • Living room;
  • 1 Toilet; 
  • 3 Bathroom;
  • 3 Bedrooms.

In addition, each house will have a plot of approximately 500 m2 and a private swimming pool.

For the construction, first in-quality materials will be used and they will be combined with practicality and excellent design.

The houses will be located in wonderful surroundings with a breathtaking view of the sea and the mountains. The fantastic climate is another factor that makes the Finestrat beach one of the most famous for water sports. The beach is inside a beautiful bay which contributes to the warm climate that you can benefit in there. 

Within 6 km for the urban center, there’s the A-7 highway and Alicante is only 40 km away. The international airport is only one hour far from the town.  

Alicante has always been one of the most attractive places for the Real Estate investment in Spain, hand in hand with its great location, next to the Mediterranean Sea. 

The project developer is SOLEY LUXURY HOMES and it has more than 20 years of experience in the Real Estate sector. Its strategy has always been focused on the client, making him the center of everything. 

                                                   

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.


This is your chance to invest in Alicante! 


1.Flex Contract: The Project Developer may activate an extension of a single duration of 6 months from the date of expiration of the contract by giving Housers at least one month's notice. This extension will be accompanied by an increase in the interest rate agreed on the repayment of capital, resulting in an annual interest rate of 9.5% for this project during the extension. This information is more detailed in article 3.3.1 of the Loan Contract.


Location


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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Alicante | 3
ES
Phase:
Finished
Financed capital:
250,000 €
Financing goal:
250,000 €
Investors:
379
Term:
12 months
Type:
Development loan (Flex)
Estimated IRR:
8.00 %
Final IRR:
8.83 %

Project finalized

December 30, 2020

Principal returned

December 30, 2020

DCC (closed)

July 31, 2020

Relevant event

June 19, 2020

Renovation status update

January 9, 2020

Renovation status update

October 9, 2019

Funding completed

July 31, 2019

Funding started

July 24, 2019