Diversify your portfolio with this opportunity of a new construction building with high profitability!
The new investment opportunity is set to be sold in 24 months and consists in a building of 10 homes in the street Asunción Castells number 10 and 12 between Paseo de la Castellana, Bravo Murillo and General Perón park.
The plot of 321m2 will be purchased to build the building with a constructed surface of 1.000m2.
The building will be constructed from scratch and it will have 10 homes of 70m2 average, and 10 parking spots, surrounded by gardens and a swimming pool both for shared use between the residents of the 10 homes. It is perfectly located in an area with great growth potential which will make the sale even easier.
The properties will be divided in 4 floors: The lower floor will harbour two studios while on the 1st and 2nd floor three apartments per floor are planned. The top floor will consist in two penthouses apartments.
All the information can be downloaded in the attached files section.
The total investment, including promotion of both properties will be of 1.836.000€. As usual the project will be delivered under the turnkey model, so there is no risk of deviation.
The net capital yield is estimated to be 21,06%.
Once the project is funded the following actions will be taken:
1. Purchase of the plot and development of the execution plan
2. Apply for license
3. Beginning of the promotion of the project from catalogue
4. Beginning of the construction (15 months)
5. Sale of the homes
To improve the yield even more, a 600.000€ project development loan (mortgage) has been negotiated. You can access more information about it in the Financial documents. The IRR of the investor in this project is estimated at 10,03%.
The goal price to sell the property is 2.274.500€
This is an unique opportunity of high profitability. Do not waste time and invest in this building of new construction in one of the most popular residential neighbourhoods in the capital.
Invest, diversify and create your heritage with Housers!
Plot area: 312m2
Construction area: 1.000m2
Properties: 10
We recommend checking the documents attached for more information.
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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