• Purpose: the loan will finance construction and other associated costs for the real estate development of a housing development of 10 dwellings.  
  • Type of opportunity: loan.
  • Type: fixed rate.
  • Scoring: A (more information here)
  • Nominal annual interest rate: 8%.
  • Profitability of the opportunity: 12%.
  • Maturity: 18 months.
  • Type of capital repayment: at maturity.
  • Interest payment: quarterly.
  • Loan To Value (LTV): 51.08%.
  • Extensive developer experience.



We present Xacobeo, a new Fixed Rate opportunity that consists of financing the associated costs for the construction of a building with 10 dwellings, 13 storage rooms and 13 parking spaces, located in Calle de la Herrería, parish of Santa María, municipality of Caldas de Reis.

Distributed in the basement, ground floor, first floor and second floor.

•           Basement floor: garage spaces and storage rooms.

•           Ground floor: Access to the entrance hall and commercial space.

•           First floor: 5 dwellings

      o    4 dwellings with 3 bedrooms, 2 bathrooms, living-dining room, kitchen, and clothesline.

      o    1 dwelling with 2 bedrooms, 1 bathroom, living-dining room, kitchen, and clothesline.

•           Second floor: 5 dwellings

      o    4 dwellings with 3 bedrooms, 2 bathrooms, living-dining room, kitchen, and clothesline.

      o    1 dwelling with 2 bedrooms, 1 bathroom, living-dining room, kitchen, and clothesline.

The project is currently at 17% complete, and there are already several potential customers interested. 

The total built-up area of the development is 1,863.36 m2.

The building permit was granted by the Caldas de Reis town council in 2002, with a change of ownership authorised by the council in February 2021.

This loan of €300,000 corresponds to the first tranche of a project of €700,000 (3 tranches are foreseen in total).

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The mortgaged property is a building with 10 dwellings, commercial premises, 13 storage rooms and 13 parking spaces, located in Calle de la Herrería, parish of Santa María, municipality of Caldas de Reis.

According to the valuation certificate carried out by the Technical Services of Euroval on 12/04/2021, the current MORTGAGE/APPRAISAL VALUE of the property described below, amounts to the sum of 587,316.92 Euros (FIVE HUNDRED AND EIGHTY-SEVEN THOUSAND THREE HUNDRED AND SIXTEEN EUROS AND NINETY-TWO CENTS).

Therefore, the LTV (Loan To Value) is 51.08%, (Loan amount €300,000 / Current appraised value €587,316.92).

The chosen guaranteed Agent is Bondholders, a 25+-year-old professional firm providing independent corporate trust and loan agency services. Bondholders is 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 is CIMBRA DESARROLLOS CONSTRUCTIVOS S.L, incorporated on 19 March 2015, a company belonging to the construction sector, in the field of building both new construction and refurbishment, rehabilitation and maintenance, with the necessary experience to meet all customer needs. The developer has a share capital of 31/12/2020 of 3.000€ and Equity at 30/09/2020 of 9.083,45€.


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 illustrious town of Caldas de Reis in the province of Pontevedra (Spain) owes its name to the presence of thermal waters in several parts of the town and to the belief that King Alfonso VII, son of Queen Urraca, was born here.

The municipality, nestled between the rivers Umia and Bermaña, enjoys a privileged location, which favours the visit of thousands of tourists a year, some attracted by the medicinal benefits of the waters and others for being a place of passage on the Camino de Santiago. It offers all the necessary services, places of interest to visit, a wide range of hotels, shops of all kinds, cultural events, etc...

Caldas de reis (where the XACOBEO project is located) implies the quality of life, modernity combined with nature and tradition without renouncing the joy of living.

The tradition of the Camino de Santiago... Caldas de Reis is an obligatory stop on the Portuguese way.

With the tradition and history of its thermal waters, anyone can enjoy the possibility of the benefits of the thermal waters, known since Roman times. These waters have curative properties for the respiratory tract, rheumatic diseases, and skin pathologies.

The architectural tradition in its jewels of religious art is reflected in its churches of Santa María de Caldas and Santa María de Bemil, both of incalculable historical and architectural value.

Great gastronomic tradition, as well as for its many charms.



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.

You can check our rates here.


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 construed as such. The information on this page is for general information purposes only and does not constitute specific advice.

The equity financing projects published on the website are not subject to authorization or supervision by the CNMV, the Bank of Spain or any other national or foreign regulator. The information provided by the developer has not been reviewed by the CNMV and does not constitute a prospectus approved by the CNMV.

The project developer is responsible vis-à-vis the investors for the information he has provided to the crowdfunding platform for publication within the project on the website.

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 monetary 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 should 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.

Caldas de Reis | 1 edificio
Project Funded
Financed capital:
300,000 €
Financing goal:
300,000 €
18 months
Development loan
51.08 %
Annual yield:
8.00 %
Total yield:
12.00 %
Minimum investment:
100 €
Without incidence
Visible only to investors in the opportunity.