Alhelí- Santander I

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. 

Type of opportunity: Loan  Modality: Fixed Rate Flex Contract¹. 

New Fixed Rate opportunity in Santander! The interest is 9% in 12 months and 9,75% if the promoter extends 6 months more.¹

This funding corresponds to the first stage of a project of EUR 430.000 (a total of 2 different stages of funding are foreseen).

We present to you Alhelí - Santander I, a new opportunity of Fixed Rate that consists in financing a real estate developer the purchase, rehabilitation and sale of an isolated family house, to obtain after the refurbishment two coupled houses in Ciudad Jardín in Santander.

It should be noted that:

• The building license is already requested
• The location of the house, in the area of Ciudad Jardín in Santander, one of the most elegant and beautiful cities of the north coast of Spain. 
• The promoters of this project have extensive experience.
• The guarantor society is faced with a high degree of capitalization.
• As it´s Fixed Rate, you don’t have to wait for the sale of the houses, you start earning income from the first month until the promoter pays off the entire loan.
• The annual interest is 9%

The wonderful city of Santander is known for being one of the most elegant and beautiful cities on the north coast of Spain, for its cultural richness, gastronomy and spectacular beaches. The landscape environment is privileged, with wide green spaces and beaches, highlighting the area of Mataleñas, El Sardinero and La Magdalena, where King Alfonso XIII had his summer residence.

Santander is a city to feel at home, relax and enjoy discovering all its appeal, and the abundant leisure it offers, both day and night. Many consider it "many cities within one": the old and the modern, the traditional and the cosmopolitan. 

It is worth noting the comfort that this city has by its size, besides being a city with excellent communications.

Its location allows small getaways for the more curious, since just a few kilometers away you can find spots like the Natural Park of the Dunes of Liencres, the most extensive dune system of the Cantabrian coast. To the south of the bay is Peña Cabarga, which offers an impressive panoramic view of almost all of Cantabria. Finally you will find the largest animal park in all of Europe: the Natural park of Cabárceno, where the animals are in such large enclosures that they seem to be free in the wilderness.

The house is just 10 minutes from the famous Sardinero beach. This area is undoubtedly one of the most charming and natural beauty corners the city has to offer.

The project consists of obtaining two houses with garden after the renovation. Each of the houses will consist of 110m2 built plus 30m² of terrace and 75m² of garden.

The distribution of these new houses will be as follows:

• Living Room
• Kitchen
• 2 Bathrooms
• 1 Toilet Room
• 2 Bedrooms
• Garden
• Terrace

The construction will use high quality materials, paying special attention to the splendid environment in which it is located.

The promoting company is CASTELLANA 228-230, S.L. a company specialized in construction and housing reform, with extensive experience.

¡Invest in this incredible opportunity in Santander!

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