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 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 loan opportunity in the south of Portugal: Amyra Parque, with a total yield of 8,75% in 12 months! (with the possibility of an exstension of 6 months)
Type of opportunity: Loan. Modality: Development Loan (Flex Contract)1
We introduce you to Amyra Parque, a new development loan opportunity which consists in the granting of a loan to a project developer for building a show house so that the buyers of the other 60 houses can see how their properties will look like once they’re finished. The opportunity is located in the region of Algarve, Portugal.
Why invest in Amyra Parque?
Amyra Parque occupies one of the most privileged locations in the Algarve near the spectacular Praia Grande beach which is protected by sand dunes rich in natural flora and close to Salgados Lagoon and wild bird sanctuary. The lakes and ponds will be a major feature including a natural swimming lake with no chemicals, just water!
A few minutes away to the North lies the historic, castle-town of Silves, formerly the capital of the region and home to many typical restaurants, bars and cafés. Nearby, the old town of Armação de Pêra, a fishing village dated back to the 17th century, has some of the best fish and seafood in the Algarve.
Amyra Parque is well placed to take advantage of the excellent sporting activities in the area, particularly Golf.
The villas and apartments have been designed to ensure maximum comfort, to provide an inside/outside lifestyle to take advantage of the setting and the climate whilst employing the latest technology to create a high level of sound and thermal insulation allied to high quality, stylish finishes.
Energy self-sufficiency is the aim along with sensible measure to reduce waste and to deploy captured and residual water for irrigation, the result being the most ecologically advanced resort in the Algarve.
The villas and apartments are bright and airy with spacious, aesthetically pleasing living areas opening onto large terraces and garden areas.
Constructed with natural, modern materials that are over 40% more thermally and acoustically efficient than conventional buildings, the residences are superbly comfortable and adaptable for both long and short stays.
There will be two types of villas:
• 2 bedrooms-villa with a total area of 135 m2
• 3 bedrooms-villa with a total area of 175 m2
There will also be two types of apartments:
• 2 bedrooms ground floor - apartment with a total area of 120 m2 and 40 m2 composed by a garden and a terrace
• 2 bedrooms first floor - apartment with a total area of 120 m2 and 40 m2 composed by a garden and a terrace
The developers TOUCHPRESTIGE LDA have a long track record of business activity and property development in Portugal. The group has over 25 years of successful activity and have developed business parks, Holmes Place Health Clubs, 4 tourist resorts in the Algarve and a significant amount of residential refurbishments in various parts of the country.
Invest in this amazing project Algarve!
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.
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 Yield8.75 %
TOTAL YIELD8.75 %
August 09, 2019
September 18, 2019