We present Alicante, a fixed-rate project with a first-rank mortgage guarantee that consists of funding the associated costs for the purchase of the land, construction and development of a four-storey building (24 dwellings), communal areas, swimming pool and basement car park in Orihuela, Alicante (Spain).
The distribution of the dwellings will be as follows:
Green areas and playgrounds around the plot, large swimming pool (including children's area and jacuzzi), relaxation / barbecue area in front of the pool. Fitness area, coworking area, toilets.
The total built area of the development is 2,495.92 m2.
Part of the amount of this loan will go towards the purchase of the land that is the object of this project.
The building permit has been approved by the Orihuela Town Hall on 24/01/2023.
The total amount of the loan is 3.330.000€. This loan of 1.650.000€ corresponds to the first tranche (5 tranches are foreseen).
The mortgage collateral provided by the developer is the 24 dwellings which are the object of the project located in Orihuela, Alicante (Spain).
According to the valuation certificate issued by Valum Instituto de Valores dated 27/04/2023, the current mortgage/valuation value of the described property amounts to 2.775.403,45 €.
Therefore, the valuation of the mortgaged property on the loan is 168.20% (mortgage value 2.775.403,45 € / loan amount 1.650.000 €). The LTV (Loan To Value) of the project is 59.45% (loan amount €1,650,000 / current appraised value €2,775,403.45). The estimated value of the property in a completed scenario according to the comparison method amounts to € 9,030,112.16.
The Guarantee Agent chosen for this project is Collateral Gestión S.L., a professional firm with experience in financial sectors that provides advisory services and fiduciary services in the issuance of bonds, guarantees, or other securities. Collateral Gestión S.L. is not affiliated with any financial services group.
The developers of the project are Mira Viva Life S.L.U and Mira Innovation Plus S.L., companies belonging to the construction sector in the field of building both new construction and refurbishment, rehabilitation, and maintenance of buildings. The development company is also responsible for the processing of licenses, execution projects, construction work, and the legalization of buildings.
Mira Viva Life S.L.U. and Mira Innovation Plus S.L. are a group of professionals with numerous projects and has owned funds of 3.000 € at 31/12/2021.
In the future, the developer may apply for other loans through the platform to obtain financing for the implementation of other projects, within the legal limits and provided that its financial situation allows it. The company's future leverage may therefore be higher.
The scoring is carried out by Gloval.
Gloval is a leading firm in comprehensive valuation, engineering, consulting, and data analysis services. Formed in 2017 through the integration of companies with a strong market positioning, over 70 years of accumulated experience, and more than 5 million appraisals conducted, it provides services across the entire value chain of the real estate sector.
The company has a team of over 1,000 professionals, a nationwide presence, and international coverage through its operations in countries such as Portugal, Greece, Brazil, Cape Verde, Angola, and Mozambique. Gloval has earned the trust of key players in the real estate industry, and its current diversification strategy focuses on expanding its service portfolio, addressing the needs of new sectors and clients, and continuing its international expansion.
For more information, visit www.gloval.es.
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 an 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 plot is located in the urbanization of Las Lomas de Cabo Roig in Orihuela Costa, only thirty minutes from the Alicante and Murcia airports, it is also connected to the Mediterranean motorway. Cabo Roig is an exclusive residential area that offers one of the most appropriate environments to enjoy its numerous landscaped areas, marinas, and protected beaches, as well as recreational and sports areas in the area.
The gastronomic offer in the area is of high quality and variety, as well as leisure and shopping areas, such as the shopping center ''La Zenia'' which is only five minutes away from urbanization. The golf courses of Campoamor, Golf de los Romeros, Las Ramblas de Orihuela, and Las Colinas Golf & Country Club, as well as other courses such as La Peraleja and La Torre, surround the urbanization.
We can also find the natural park of the Salinas de San Pedro, and other places of tourist attraction (La Torre de la Horadad, Torrevieja, Santa Pola, and the town hall of Orihuela among others), as well as the offer of international schools in the area.
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 6% + VAT being the commission financed within the opportunity.
Housers follows the law 5/2015 and is authorized by the CNMV as a Participatory Financing Platform registered under number 20.
Housers is not a credit institution or 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 supply 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. The information shown has been prepared by Housers based on available information provided by the developer. Neither Housers nor its collaborating companies or suppliers accept responsibility or liability concerning the accuracy or sufficiency of the information referred to in the project. The statements or declarations with future projections refer exclusively to the date on which they were expressed, they do not form any guarantee of future results.
Both the financing aim and the maximum term to invest in this opportunity may be extended by an added 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.
In accordance with Law 5/2015, of 27 April, on the promotion of business financing, regarding the participation of Participatory Financing Platforms or their related persons in projects published on its website, it is reported that this project is susceptible that related persons, in accordance with Housers' Internal Rules of Conduct, may acquire the status of investors and therefore lenders. The final amount and participation of these persons will be informed to all investors of the project once the financing of the project has been completed.
Before investing in this project, the investor must know the risks of his investment: Housers recommends carefully reading the Basic Information for the Investor.
In compliance with art. 61 of Law 5/2015 on the Promotion of Entrepreneurial Financing, Housers proceeds to inform the investor of the risks that he/she will run by investing in this project:
The invested capital is not guaranteed by the investment guarantee fund or the deposit guarantee fund.
Investment in real estate should be conducted as a diversification strategy of a larger portfolio, and investment in projects published on the Housers platform is not recommended for people who do not have sufficient knowledge to understand the risks of investing in projects published by the crowdfunding platform.
