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Estoril Villa

Development
loan
Risk level A
PT

FLEX CONTRACT - 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.


THE OPPORTUNITY

Type of opportunity: Loan

Modality: Development Loan1 with Flex Contract2

Profitability: 9%3 in 12 months


We present Estoril Villa, a development loan1 opportunity, which consists in the granting of a loan to a developer to finance the purchase and refurbishment of a villa in Estoril, Portugal and then proceed to its sale.


REASONS TO INVEST IN ESTORIL VILLA

- A project with a unique location very close to Cascais, Sintra and Lisbon;

- Estoril is the main tourist city on the Lisbon coast;

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


LOCATION

The project is located in Estoril, an elegant and sophisticated town on the beautiful Estoril Coast in Portugal.

Highlights of the location:

- It is the ideal holiday destination for those tourists who are looking for a pleasant and varied destination;

- The region is known for the famous Casino, the racetrack, great beaches, historic towns, challenging walking or cycling routes and golf courses;

- The city has a reputation as an elitist for having served during the 20th century as a residence in exile for several European kings and politicians - among them the Spanish Royal Family;

- The project is located only 25 km from Lisbon.


THE PROJECT

The project consists of the purchase, renovation and sale of a villa in Estoril. Thanks to a complete renovation, the developer wants to increase the value of the villa, in particular the renovation work planned:

- Replacement of all window frames with new double-glazed with thermally cut;

- Interior refurbishment: 3 bedrooms each with private bathroom, a new kitchen and refurbishment of the existing garage;

- Complete indoor and outdoor painting;

- Improvement of energy efficiency;

- Improvement of the exterior environment: garden, construction of a new shading pergola and a new and exclusive swimming pool with sea views.


THE PROJECT DEVELOPER

The development company is WHITE KEY PROPERTIES, S.A dedicated to the remodelling of residential properties in the high and premium segment, in the coastal areas between Lisbon and Cascais.

It operates in parallel in the remodelling of real estate properties with the objective of long-term profitability.

With the headquarter in Estoril, White Key Properties offers a specialized service in all aspects of real estate, from the development of opportunities, commercial analysis, acquisition, study of transformations to maximize added value, supervision of external construction, supervision of the work by experienced engineers, promotion and support to sales.

Architecture is one of the distinctive elements of White Key's interventions. To ensure the architectural and distinctive quality of each property, he has partnered with the award-winning architect Portuguese Pedro Mauricio Borges, PHD professor at the University of Coimbra and winner of the Secil prize in 2002. Currently, the company's portfolio includes several properties mainly residential, but also commercial.

White Key Properties SA is a company that has existed since 1986, with a long history in the rehabilitation segment and an experienced team in the real estate area. Originally a limited company called Ingesim, it grew into a public limited company renamed White Key Properties, with equity of €1,000,000.



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*HALLOWEENHOUSERS: Legal Terms.

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 project developer accumulates 0 projects in the platform. Mr Ricardo Alexandre Diniz Leal Dos Santos is constituted as a personal and joint guarantor of the obligations arising from this loan agreement. This loan of 260,000 euros constitutes a single tranche of financing, which does not involve any additional concentration risk. The promoter of the project is responsible to the investors for the information it 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 100,000 euros and equity at 31/12/2019 of 790,443.35 euros so that its responsibility in the project is limited to this amount. Housers' commission is financed within the project. In this way, it is the investor who bears the commission of Housers. Both the financing objective and the maximum term for investment on this opportunity may be extended by an additional 25% to that initially planned, in accordance with the Law for the Promotion of Business Financing. Likewise, HOUSERS will be able to consider the financing of this opportunity/project closed when it has been financed by 90%. These possibilities that the legislation offers to the platform, will be used when the typology and characteristics of the project advise it so that it can be carried out with less funding than requested and the implementation periods are 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 an additional 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.

264 m2
3 Bedrooms
4 Bathrooms

Image gallery

Location

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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Estoril
1 villa
status:
Project Funded
493 Investors
260,000.00 €
Term: 12 months
More information

Annual Yield

9.00 %

TOTAL YIELD

9.00 %
Term: is the estimated duration of the opportunity.
Annual Profitability: it is the fixed interest agreed by the promoter. The interests will be divided monthly.
Total profitability: is the estimated total return on the investment. It takes into account the term and the fixed annual interest agreed by the developer.

Funding completed

October 24, 2020

Funding started

October 1, 2020