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Talamanca - Ibiza III

Development<br>Loan Development
Loan
Risk level BBB
ES

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 is the first Housers' project with 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 our blog


New development loan1 opportunity in Ibiza: 8,5%2 in 12 months (with the possibility of an extension of six months).

Type of opportunity: Development Loan1.                                      Modality: Development Loan Flex Contract3.


This financing corresponds to the third financing stages of a project that requires a total of 1.300.000 euros (total of 4 stages of financing).

We introduce you to Talamanca, a new development loan opportunity which consists of granting of a loan to a project developer for the renovation as well as the costs associated to it of a house with swimming pool in Ibiza, precisely in the village of Talamanca, and then proceed to its sale.


It is important to note that:

  • You don't have to wait for the construction permit.
  • The renovation work can begin immediately.
  • The management team for this project is the same as for the platform-funded Santander project, which repaid the loan on time and in the form envisaged by the project.
  • Talamanca has become one of the most desirable areas on the island.
  • It's a fixed rate opportunity, so you don't have to wait for the houses to be sold, you'll start earning revenue from the first month until the developer pays off the entire loan. 
  • The annual interest rate is 8,5%2.
  • The scoring for the opportunity is BBB.

The idyllic town of Talamanca, located in the north of Ibiza, is the perfect place to enjoy the sun and sea. Just a 15-minute walk from the city of Ibiza, Talamanca is known by the beautiful beaches with fine and white sand and turquoise waters, perfect for a relaxing swim. Quieter than other places in Ibiza, it is the perfect destination for a relaxing holiday. 

Ibiza is an idyllic place with clear waters, rural landscapes, mild temperatures and sun that shines almost all year. But Ibiza is much more than sun and sea. Within the island, there are places to discover. Ibiza has been declared a UNESCO World Heritage Centre due to its cultural richness, including the Phoenician site of Sa Caleta; the necropolis of Puig des Molins, or the historic center of Eivissa, Dalt Vila.


Considered for a long time as a mecca for people with a free spirit. Today, the island undoubtedly represents luxury. And all this has contributed to increasing the popularity of the island and the international real estate investors.

The house, located in one of the best areas of the island, exactly in Talamanca, responds to the model of a typical villa in Ibiza where the white and wooden elements are predominated. 

The opportunity has 285.10m2 and a plot of land of 1965m2, it will have the following distribution:

  • Living room 
  • Kitchen 
  • 3 bathrooms
  • 4 bedrooms
  • Garden
  • Swimming pool

For the construction will be used first quality materials, with particular attention to the beautiful surrounding environment in which it is located.

The project developer is TALAMANCA HOUSE I, S.L. a company specializing in the construction and management of all types of infrastructures and services, with more than 40 years of experience in the north of Spain, in continuous innovation and diversification of its business areas (both public and private). It has a highly qualified and trained team.


Besides, it is important to know that GOC will monitor the project, which will allow total control of all the capital provided by the investors.

1)Development Loan: Fixed rate loan at 12 months to the developer where the interest is distributed monthly and the principal is repaid at the end of the project. The interest is not guaranteed but the promoter presents two additional guarantees.

2)It is the total return on investment. It takes into account the total term and the fixed annual interest agreed by the promoter. 

3)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.


285.15 m2
4 Bedrooms
3 Bathrooms

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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Ibiza
1
status:
Project Funded
343 Investors
200,000.00 €
Term: 12 months
More information

Annual Yield

8.50 %

TOTAL YIELD

8.50 %
Term: is the estimated duration of the opportunity.
Annual Profitability: it is the fixed interest agreed by the promoter. The interests will be divided monthly.
Total profitability: is the estimated total return on the investment. It takes into account the term and the fixed annual interest agreed by the developer.

Timeline

Funding started

September 9, 2019

Funding completed

September 13, 2019