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Cala Beach II

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.


THE OPPORTUNITY

Type of opportunity: Loan

Modality: Development Loan1

Profitability: 8%2 in 12 months

This funding corresponds to the second phase of the project which aims to collect a total of 650.000euros3 


We present Cala Beach II, a new development loan1  project, which consists of granting a loan to a project developer for the construction of a building composed of 10 apartments and associated costs in Cala de Mijas, a town belonging to the municipality of Mijas, Malaga.


REASONS TO INVEST IN CALA BEACH II

- The land is in property;

- Works have been completed by 96%;

- All apartments are already reserved;

- The  scoring of this opportunity is AA. For more information click here.


LOCATION

The project is located in La Cala de Mijas, a village located in the province of Malaga.

Highlights of the location:

- Cala Mijas is a fishing village strategically located between the towns of Fuengirola and Marbella;

- It is a sea and mountains village with a pleasant Mediterranean climate, its economy is based on the tourism;

- Located in the heart of the vibrant village of Cala de Mijas a few steps from the different beaches.


THE PROJECT

The opportunity foresees the construction of 10 apartments. A building with 3 floors plus a two or three bedroom attic.

The apartments will have a different typology ranging from 47m2 to 94m2


THE PROJECT DEVELOPER

The project developer belongs to HOUSE & LAND COSTA DEL SOL, and the project has been designed by the architecture studio SMP Arquitects Salvador Moreno, academic of the Royal Academy of Fine Arts of San Telmo, Europa Nostra Award and National Prize for Urbanism.

In addition, it is important to know that GOC will carry out the monitoring of this type of projects so that there will be a permanent control of all the capital contributed by investors.



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* The annual return is the percentage of profit or loss that would be obtained if the term of the investment were 1 year. It will be applied to all projects in which the EARLYIELD icon will appear.

Risk information: Housers is neither a credit institution nor an investment services firm. Investment in projects published by HOUSERS is not covered by any investment fund. This project has not been supervised by the CNMV nor by the Bank of Spain or any other regulator, Spanish or foreign. The information provided by the developer has not been checked by the CNMV nor does it constitute a prospectus approved by the CNMV. Housers does not provide financial advice that nothing on this website should be construed as such. The investment in this project involves the following risks: risk of total or partial loss of invested capital, the risk of not obtaining the expected monetary return and the risk of illiquidity for recover the investment. The developer accumulates 1 project on the platform; in addition to the first tranche of this project; which entails an additional risk of concentration. This loan of 300.000€ is the second tranch of a total of two tranches of a total of 650.000€, which could lead to an additional risk of concentration. The project promoter is responsible to investors for the information it has provided to the participatory finance platform for publication within the project on the website. The promoter has a share capital at 31/12/2018 of 244,600.00€ and equity at 31/12/2018 of 707,005€ so that its responsibility for the project is limited to this amount. The maximum term to invest in this opportunity may be extended by an additional 25% to the initial term, in accordance with the Law for the Promotion of Business Financing. Likewise, HOUSERS may consider the financing of this opportunity/project closed when it has been 90% financed. This information can be found here.

1) Development Loan: 12-month fixed rate loan to the real estate developer where interest is distributed monthly and the principal is amortized at the end of the project.The interest is not guaranteed.

2) It is the total return on investment. It takes into account the total term of 12 months and the annual fixed interest agreed by the promoter. For more details see the Promoter's Report.

3) According to article 68.2 of Law 5/2015 for the Promotion of business financing, "The maximum amount of fundraising per participatory financing project through each of the participatory financing platforms may not exceed 2,000. 000 euros, being possible the realization of successive rounds of financing that do not exceed the aforementioned amount in annual calculation. When the projects are directed exclusively to accredited investors, the previous maximum amount may reach 5,000,000 euros".

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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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Mijas | 10 apartments
ES
Phase:
Finished
Funded capital:
300,000 €
Financing goal:
300,000 €
Investors:
208
Term:
12 months
Type:
Development loan (Flex)
Estimated IRR:
8.00 %
Final IRR:
8.14 %
Visible only to investors in the opportunity.