• Purpose: the loan will finance the associated costs for the development of the construction of a building of 6 dwellings, 8 parking spaces and 8 box rooms.
    • Type of opportunity: loan.
    • Type: fixed rate.
    • Scoring: AA (more information here)
    • Nominal annual interest rate: 8%.
    • Opportunity profitability: 12%.
    • Maturity: 18 months.
    • Type of capital repayment: at maturity.
    • Interest payment: quarterly.
    • Loan To Value (LTV): 63.70%.
    • 3 houses sold out of a total of 6.
    • Land in Property.
    • Excellent location, situated in the historic centre.
    • Extensive developer experience.


    We present Altea, a new Development Loan opportunity that consists of financing the associated costs for the construction of a building of 6 homes,8 parking spaces and 8 box rooms in Altea, Spain.

    The total built area of the development is 818.55 m2 and is distributed as follows:

    Ground floor: garages, storage rooms and 1 dwelling: 

    • 1 dwelling: 1 bedroom, 1 bathroom, living-dining room, kitchen.

    First floor4 dwellings: 

    • 3 dwellings: 2 bedrooms, 1 bathroom, living-dining room, kitchen and terrace.
    • 1 dwelling: 1 bedroom, 1 bathroom, living-dining room, kitchen and terrace.

    Second floor: 1 dwelling: 2 bedrooms, 2 bathrooms, living-dining room, kitchen and large terrace.


    Building located in the old town of Altea, 5 minutes from the beach. Next to the Parc de L'AIGUA and with all the necessary services: schools, universities, supermarkets, bars, restaurants, museums, churches, etc.


    This loan of €3000,000 corresponds to the first tranche of a project of €600,000 (3 tranches are foreseen in total).

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    The property to be taken as mortgage guarantee is the property at Calle Costera Pont del Montcau Nº 27, Altea (Alicante).

    According to the valuation certificate carried out by ARCO VALORACIONES SA on 18/03/2021, the current MORTGAGE VALUE/APPRAISAL of the property described, amounts to the sum of 470. 935,89 Euros and a valuation of the finished property of 1.312.998,31. 

    So the LTV (Loan To Value) is 63.70%, (Loan amount 300.000€ / Current appraised value 470.935,89 €).


    The chosen Collateral Agent is Bondholders, a 25+-year-old professional firm providing independent corporate trust and loan agency services. Bondholders are not affiliated with any financial services group. They currently meet the requirements of several international jurisdictions including Spain, Portugal, Italy, England or New York.

    They have extensive experience in financial sectors (Bankia, Santander, Deutsche Bank, ...) and in various sectors (FC Barcelona, El Corte Inglés, Vista Alegre, TAP Portugal, Telefónica...).


    The developer of the project is ALTEA I LAIGUA INMOBILIARIA S.L, a group of professionals with experience in different areas of the sector and with more than 45 years dedicated to the development of the Costa Blanca. They create innovative projects, adapting to the needs of the client. The developer has a share capital of 31/12/2020 of 4,000€ and equity at 30/09/2020 of 179,973.62€.

    This is the first project of the developer in Housers. The developer may apply for other loans in the future through the platform to obtain financing for the realization of other projects, within the legal limits and provided that their financial situation allows it. Thus, the degree of future leverage of the company may therefore be higher.


    The monitoring company PROYECTOS CIGA will carry out the monitoring of this project, having permanent control of the destination of the capital provided by the investors and delivering this capital to the developer according to an agreed schedule after delivery of justification of compliance with certifications. To this end, the developer and the monitoring company will open a escrow account where the funds financed by the investors will be transferred in such a way that each provision to the developer must be justified to the monitoring company and therefore the full amount of the loan will not be delivered to the developer at once.


    The project is located in Altea, a municipality in the province of Alicante in the Marina Alta region, between Benidorm and Calpe.


    Highlights of the location:

    • Altea is considered one of the most beautiful towns on the Costa Blanca, with numerous sites of tourist interest.
    • Its 8 km of coastline is dotted with magnificent beaches of fine gravel and pebbles with crystal clear waters and hidden coves between the cliffs of the steep Sierra de Bernia. 
    • Alicante has always been one of the most attractive places for real estate investment in Spain, the quality of its services and its competitive capacity make this a unique area to invest and enjoy.



    Housers will not charge any fee to the investor for this opportunity. The developer will be charged a fee that is determined based on a % of the funds raised for the project, provided that the project is successfully closed, i.e., that the funding target published on the platform is reached. In case it is not successfully closed, Housers will not charge this fee. Once the campaign is finished and as a previous step to the delivery of the money to the developer, this commission is deducted from it in favour of Housers. It does not affect the final profitability obtained by the investors, since the developer is the one who assumes its cost. In this opportunity, Housers' commission is 8% + VAT being the commission financed within the opportunity.


    Housers is neither a credit institution nor an investment services company. It is not a member of any investment guarantee fund or deposit guarantee fund. Therefore, the invested capital is not covered by these funds.

    Housers is neither a credit institution nor an investment services company nor does it provide financial advice, so nothing on this website should be interpreted as such. The information on this page is for general information purposes only and does not constitute specific advice.

    The participatory financing projects published on the website are not subject to authorization or supervision by the Comisión Nacional del Mercado de Valores (CNMV), the Bank of Spain or any other regulator, national or foreign. The information provided by the developer has not been reviewed by the CNMV and does not constitute a prospectus approved by the CNMV.

    The developer of the project is responsible to investors for the information it has provided to the crowdfunding platform for publication within the project on the website. 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.

    Both the financing objective and the maximum term to invest in this opportunity may be extended by an additional 25% to the initially planned term, following Law 5/2015, of 27 April, on the promotion of business financing. Likewise, Housers will be able to close the financing of this opportunity/project when it has been 90% financed.  These possibilities that the legislation offers to the platform will be used when the typology and characteristics of the project make it advisable so that the execution deadlines are not prejudiced. You can find more information here.


    Investment in this project involves the risk of total or partial loss of the invested capital, the risk of not obtaining the expected cash return and the risk of illiquidity to recover the investment.

    The invested capital is not guaranteed by the investment guarantee fund or the deposit guarantee fund.

    Investing in real estate must be done as part of a diversified portfolio. Investing in Housers is intended for people with sufficient knowledge to understand the risks of investing in start-ups.

    Altea | 1 building
    Funded capital:
    300,000 €
    Financing goal:
    300,000 €
    18 months
    Development loan
    Estimated IRR:
    8.24 %
    Final IRR:
    8.66 %
    Visible only to investors in the opportunity.