Residencial Borbón Norte


GET UP TO +2% PROFITABILITY, offered by the developer of the project.

  • Invest from 100 euros and get +1% profitability.
  • Invest from 10.000 euros and get +2% of profitability


    • Purpose: the loan will finance the costs associated with the development of construction of development of 11 dwellings.
    • Type of opportunity: loan.
    • Type: fixed rate.
    • Scoring: A (more information here)
    • Nominal annual interest rate: 8%.
    • Return on the opportunity: 16%.
    • Maturity:  24 months.
    • Type of capital repayment: at maturity.
    • Interest payment: quarterly.
    • Loan To Value (LTV): 64,18%.
    • The work is 22.71% completed.
    • Extensive developer experience.
    • The houses are already being commercialized and 3 of them have already been sold, in addition there is great interest in the other 7.


    We present Residencial Borbón Norte, a fixed rate development with a mortgage guarantee. The project consists of financing, cancellation of the current mortgage charge on the land plus construction costs and other associated costs, for the real estate development of a development of 11 homes in Churra (Murcia).

    11 flats of 2, 3 and 4 bedrooms with terrace, garage, and storage room, distributed on the ground floor and four upper floors.

    • Ground floor: 2 flats with 2 bedrooms, 2 bathrooms, living-dining room, and kitchen.
    • First floor: 3 flats with 3 bedrooms, 2 bathrooms, living-dining room, kitchen, and terrace.
    • Second floor: 3 flats with 3 bedrooms, 2 bathrooms, living-dining room, kitchen, and terrace.
    • Penthouse: 3 dwellings with 4 bedrooms, 2 bathrooms, toilet, living-dining room, kitchen, and spacious terraces. Two of these three houses are duplexes.

    Very bright and spacious homes. Development with the best materials, selected both for aesthetic criteria and for quality, durability, and energy efficiency.

    The total built area of the development is 1,284 m2.

    The building permit was granted by the Murcia City Council on 02/04/2019.

    This € 550,000 loan corresponds to the first tranche of a € 1,100,000 project (a total of 3 tranches are planned).

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    The property subject to this project, located at Calle Pintor José María Párraga 4, Churra, Murcia (Spain), will be mortgaged by the developer as security for the loan.

    According to the valuation certificate issued by the Valuation Institute on 7/10/2021, the current valuation of the mortgaged property is €856,860.63 (eight hundred and fifty-six thousand eight hundred and sixty euros and sixty-three cents).

    Therefore, the appraised value of the mortgaged property constitutes security for 155% of the loan (mortgage value €856,860.63 / loan amount €550,000).


    The chosen Guarantee 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 is PROMOCIONES ALCANTIMUR S.L., a specialist in the acquisition, development and marketing of buildings and plots of land in Alicante and Murcia.


    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 building is in Calle Pintor José María Párraga 4, Churra, Murcia. Its distance to the centre of Murcia is 3.5 kilometres and it is at an altitude of 57 metres above sea level.

    • Supermarkets, pharmacy, and school at less than 500 metre
    • Next to the health centre. 
    • Tram stop at 75 metres.
    • With access to the motorway in less than 2 minutes



    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 or 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 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.

    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 (see here). 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.

    Promo Developer: Link

    Special Promo: Xmas21

    Murcia | 1 building
    Project Funded
    Financed capital:
    550,000 €
    Financing goal:
    550,000 €
    24 months
    Development loan
    64.18 %
    Annual yield:
    8.00 %
    Total yield:
    16.00 %
    Minimum investment:
    100 €
    Without incidence
    Visible only to investors in the opportunity.