New Fixed-Rate opportunity in Madrid’s city center: 9% in 12 months! Type of Opportunity: Loan. Modality: Fixed-Rate1 Plaza de España is a great fixed-rate opportunity that involves granting a loan to a project developer for the participation in the […]
Plaza de España
New Fixed-Rate opportunity in Madrid’s city center: 9% in 12 months!
Type of Opportunity: Loan. Modality: Fixed-Rate1
Plaza de España is a great fixed-rate opportunity that involves granting a loan to a project developer for the participation in the acquisition of the land and rehabilitation of a residential building of 12 apartments in one of the most central areas of the capital, next to Noviciado and Plaza de España. Just from the location you could say that success is guaranteed!
It is important to note:
The residential development will be located exactly at Noviciado Street, 14, that is, a few meters from Gran Vía Street and the Plaza de España!
Plaza de España is one of the largest squares in Spain and at the same time, one of the main attractions of the city. It is located between the historic Gran Vía and Calle Princesa and is a very popular place for both tourists and locals.
In addition, a comprehensive remodeling of the square will take place soon, so the building will be considerably revalued. Of the 70,450m2 of the Plaza de España, 59,970 will be pedestrianized and will connect with Madrid Río, Casa de Campo and Parque del Oeste. Only 9,305 will be destined to the traffic of private vehicles, while 1,675 will be reserved for bicycle itineraries. Half of the surface will be cleared for civic activities while the other will be completely green and will concentrate all existing trees together with the additional 1,050 that will be planted.
Because of its proximity, the area most influenced by the performance of the Plaza de España is that of Conde Duque and especially Malasaña, with which it shares cultural and commercial activity.
Very close we also find the Templo de Debod and the Pintor Rosales walk, places preferred by upper-class locals to establish their residence. Therefore, the residential quality of the area in such a central location causes the per capita income of this area to be high.
The recent restriction on traffic in the area; buildings such as the Royal Academy of Medicine, the Senate Palace, the Royal Theater and the East Palace; or environments such as the Plaza de Santo Domingo, produce a constant environment and movement of tourists.
The project has a total of 871 m2 where 12 homes divided into 5 floors will be built:
The promoter company, NATUREBACK, is the same as the Peñascales project that was successfully financed on the platform in June of this year. It is a Spanish architectural company with a broad background in urban planning and residential development, focused on the capture and management of investment opportunities in the real estate sector, both residential and tertiary or hotel. Their homes are of high architectural design, energy efficiency and new technologies.
Why Invest in Plaza de España?
• Annual return of 9%2.
• You receive earnings from the first moment and monthly.
• Liquidity in only 12 months.
• Unique product: great shortage of available land and new construction housing in the center of Madrid
• Remodeling of the area and as a consequence, revaluation of it.
In the following graph you can see the yield-risk relationship of this type of opportunities, fixed-rate for promotion:
Get a unique project in a privileged area of the capital!
Risks and warnings: Housers is not a credit institution nor an investment services company. The investment is not guaranteed. This project has not been supervised by the CNMV or the Bank of Spain or any other regulator, Spanish or foreign. The information provided by the promoter has not been reviewed by the CNMV nor is it a prospectus approved by the CNMV. Housers does not provide financial advice, so nothing on this website should be interpreted as such. The investment in this project involves the following risks: risk of total or partial loss of the invested capital, risk of not obtaining the expected cash yield and risk of illiquidity to recover the investment as well as the risk that the tenant does not pay the monthly rent or be late in payment; subordinate character of the loan, in particular to the mortgagee, in those cases in which the acquisition of the property object of the project is financed additionally by means of loans with mortgage guarantee. The expressed profitability is based on mere estimates that, in no case, guarantee future results. The promoter has the possibility of concentrating several projects, so that the risk is concentrated proportionally. In addition, the promoter has limited own resources so that his responsibility in the project is limited to it. The maximum term to invest in this opportunity may be extended by an additional 25%, initially scheduled according to the Law of 5/2015 on the promotion of business financing. Likewise, if the opportunity / project had reached at least 90% of the HOUSERS funding objective, it could effectively complete the total objective.
1 Fixed rate: Loan at a 12-month fixed rate to the real estate developer where interest is distributed monthly and the principal is amortized at the end of the project.
2 It is the fixed annual interest rate of the loan.
Housers is primarily a savings platform through property investment. Traditionally, people with high saving abilities or great financial capital, would invest in the real estate industry due to the safety that those assets provide, since the risk of a total loss on a property investment is very unlikely. But also, because the historic average of the profitability of the real estate industry equals or beats most of the available financial products, meaning that the risk-profitability relation is one of the best on the market for saving or for the creation of a long-term heritage.
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|Average Investment Target||€ 349.216|