Valledoria Village

FLEX CONTRACT  - Type of contract that has a duration of 12 months, and can be expanded up to 6 more months. For more information check out our blog.

THE OPPORTUNITY

Type of opportunity: Loan

Modality: Development Loan¹ with Flex Contract²

Profitability: 9%³ in 12 months

We introduce you to Valledoria Village, a new Italian development loan¹ opportunity that consists of granting a loan to a project developer for the construction and subsequent sale of 4 villas in Valledoria, a touristic town in the north of the Sardinia region. 

REASONS TO INVEST IN VALLEDORIA VILLAGE

-       The sponsoring company is a solid company with many years of experience;

-       There’s already a convention with the municipality to start building the villas;

-       There is no other financing with credit institutions, the land is free from mortgages; 

-       The scoring for this opportunity is BB. For further information click here.

LOCATION

The project is located in Valledoria, a touristic town in the north of Sardinia. 

Location’s highlights:

-       Valledoria has 20 km of beaches that connect Castelsardo with the Red Island. They are one of the most beautiful beaches in the whole Sardinia;

-       In the surroundings of Valledoria you can make excursions by bike or car, to lakes and rivers in the area;

-       In the nearby center of Santa Maria di Coghinas, you can admire the thermal baths of Casteldoria, springs of lukewarm water that flow from the gorge of the same name.

THE PROJECT

The opportunity consists of the construction and the subsequent construction of 4 villas. Each of them will be composed of a large living room, kitchen, two bedrooms, a storage room, and two bathrooms. 

The villas will be brad new built and right in front of the sea. Thanks to a commercial agreement with “La Foce” Camping, the landlords of the villas will benefit from the camping services such as tennis courts, swimming pool, and much more. 

THE PROJECT DEVELOPER

The project developer is Sasa s.r.l, a company based in Valledoria, with more than 28 years of experience in the Real Estate sector.

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

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 promoter accumulates 1 project on the platform which was successfully funded (Sardinia Beach). The promoter of the project is responsible to the investors for the information he has provided to the participative financing platform for publication within the project on the website. The promoter has a share capital at 31/12/2019 of 10,200 euros and equity at 31/12/2019 of 154,951 euros so that its responsibility in the project is limited to this amount. The Housers' commission is financed within the project. In this way, it is the investor who bears the commission of Housers. A property in Comune di Valledoria, Via Ampurias (Lotti C, Sezione B, Foglio 7, Particella 608) is established as additional guarantees. 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 options provided to Housers by the legislation will be used when the typology and the characteristics of the project suggest it, so that the financing can be lower than the required and the deadline is not affected.

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, but the developer presents one aditional guarantee.

2) Flex Contract: The Promoting Company may activate an extension of a single duration of 6 months to the expiration date of the contract, communicating it to Housers at least one month in advance. This extension will be accompanied by an increase on the interest rate agreed on the return of capital, resulting in this project, an annual interest of 9,5% during the extension. This information is found in more detail in Article 3.3.1 of the Loan Agreement.

3) 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.

Location