Project summary

MC FINANCING & INVESTMENT ON, SL . manages this investment opportunity in one of the most exclusive areas of the Capital, in the affluent neighborhood of Ciudad Jardín and the district of Chamartín.

A project that consists of the transformation of 4 offices located on the first floor of a stately building located at C / Luís Salazar nº 12, into 4 homes equipped with high-quality finishes, finished off with the best materials and comforts.

The Luís Salazar 12 building, thanks to its previous design, already has interior common areas of excellent materials and design decisions, a community room, recreational area and gym, to which are added garden areas and an outdoor swimming pool.

The developer has already acquired ownership of the buildings and submitted to the City Council the declaration of the person responsible for carrying out the transformation works of the offices into homes based on the basic project and execution endorsed by the College of Architects. The start of the works is imminent. In addition, 2 of the 4 homes are already compromised by means of a pre-reservation document. 

The project has a contribution of € 765,000 (57% of the final cost of the project) from a private investor, of which € 600,000 has been provided through the granting of a participating loan to the Company for participation in this specific project. The promoter will provide funds for 79,900 (6% of costs) . In addition,  the online funding is planned in 2 stages for a total amount of 500,000 euro s (37% of costs) to finance part of the renovation and other expenses of the project, and not covered expenses or debts on the property .

Participate from 100 euros in this first stage of 250,000 euros , destined to cover project expenses and initial construction costs, through a fixed interest rate loan with quarterly interest payments and a total return of 9% with a term of expiration of 12 months .

Promoter

MC FINANCING & INVESTMENT ON, SL is a family company specialized in managing renovation projects of real estate owned by third parties, involving in some cases their change of use. The Company has also participated directly in some of the projects, along with other investors. They seek to build all projects through responsible and sustainable resource management in order to achieve a high level of social and natural well-being.

Another of its activities is the continuous advice to investors, both in the acquisition, financing and reform of the properties they acquire, if necessary, as well as the accompaniment during the trading phase, in the case of properties intended for sale, or in the search for tenants with the appropriate profile, if your objective is to build equity and keep the property in balance, obtaining a profitability.

The building

The Luis Salazar 12 building already has excellent construction materials and an attractive project. However, it is proposed to enhance these virtues through the improvement of the thermal envelope, incorporating enclosures with thermal bridge breakage and double glass with a low-emissive layer and increasing the insulation of the facade. In interiors, high-quality sustainable materials will be used that will be combined with a careful design, resulting in properties according to the upper-middle-class public that inhabits this area of ​​the Chamartín district, to which the commercialization of the homes will be directed.

The project consists of the reform and change of use of the 4 offices that are currently joined, recovering their original morphology and surfaces, resulting in 4 homes that will enjoy excellent natural light and will have a common hall, giving more privacy to the 4 owners and respecting the surfaces and morphology of the higher plants. Each home will have a single room for living room, dining room and kitchen, differentiating 2 types with different surfaces:

• 1 house with 1 bedroom and 1 bathroom (45 m2 of useful area)
• 3 homes with 2 bedrooms and 2 bathrooms (57 m2, 59 m2 and 69 m2 of useful surface respectively)

As indicated above, the farm has common areas for recreational areas, gym and outdoor pool. In addition, 2 of the 4 homes are pre-reserved.

The environment

The Luis Salazar 12 development is located in one of the most exclusive areas of Madrid, in the Ciudad Jardín neighborhood and the Chamartín district, whose neighborhood is among the highest income levels in the capital.

The Ciudad Jardín neighborhood is located to the Northeast of the capital, adjacent to the Salamanca district, between Príncipe de Vergara Street, Ramón y Cajal Avenue and López de Hoyos Street, the latter being one of the longest streets in the city and noted for its great commercial activity.

It is a consolidated residential neighborhood included within the ring of the M-30 that, due to its location, offers all the necessary facilities, a safe environment, a wide commercial and health offer, sports facilities, and reference schools in the capital. .

Luis Salazar is perpendicular to Calle Corazón de María and has easy access to the entire city through the M-30, which is perfectly connected by Avenida de Ramón y Cajal, as we mentioned earlier and through the A -2, given its proximity to Avenida América. In addition, it has several nearby metro stations, Alfonso XIII, Avenida de la Paz and Cartagena, belonging to lines 4 and 7 of the Madrid Metro.

Garden City is a lively neighborhood that is home to Berlin Park, a vast space dedicated to the German capital with grassy esplanades, forests and some sections of the Berlin Wall. In summer, the park's amphitheater hosts open-air concerts. Nearby is the National Music Auditorium, with majestic rooms where national and foreign orchestras play. The diverse food scene ranges from informal tapas bars and steakhouses to popular Mexican cantinas and posh seafood restaurants.

The loan

The loan is presented as an interesting investment opportunity:

• Purpose: The issued loan will finance project expenses and initial construction costs.
• Type of product: Fixed interest loan.
• The annual nominal interest rate: 9%.
• Total Return:  9%.
• Expiration period:  12 months.
• Type of capital amortization: At maturity
• Interest payment: Quarterly paid by overdue quarters, counted as of the day following the start date of the loan.
• Guarantees: Acknowledgment of debt before a notary.

Rates

Stockcrowd IN Success Rate:  It is the rate that Stockcrowd IN will charge that will be determined based on a% of the funds obtained for the project, as long as it is closed successfully, that is, the published financing objective is reached. on the platform. In case of not closing successfully, StockCrowd IN will not charge this commission. Once the campaign is finished and as a previous step to the delivery of the money to the promoter / manager, this commission is deducted from it in favor of StockCrowd IN. It does not affect the final profitability obtained by investors, since the Promoter is the one who assumes its cost. In this project 3% + VAT is charged.

Payment gateway  fee : It is the fee charged by StockCrowd IN for intermediation with the payment gateway provider and custodian. The promoter or manager makes the payment of 1% on the maximum amount of the financing objective that can be reached in the campaign. In the event that the campaign does not reach the financing objective, the Promoter will be paid the proportional part of this fee with respect to the amount of the maximum financing objective not reached. Likewise, in this case, the investor will fully recover the amount invested. It does not affect the final profitability obtained by investors, since the Promoter is the one who assumes its cost.

Risks and Warnings:

Investing in real estate carries risks, including the risk of total or partial loss of the invested capital, the risk of not obtaining the expected monetary return and the risk of lack of liquidity of the investment. In the case of financing through the issuance of shares, the risk of dilution of the participation in the company, the risk of not receiving dividends and the risk of not being able to influence the management of the company is also included. In the case of financing through the issuance of shares or other capital securities, the risk of dilution is included, the risk of not receiving dividends, the risk of not being able to influence the management of the company, all of which are affected by restrictions to the free transferability inherent in its legal regime.

StockCrowd PFP, SL (StockCrowd IN) does not hold the status of investment services company, or credit institution and is not attached to any investment guarantee fund or deposit guarantee fund. Participatory financing projects are not subject to authorization or supervision by the National Securities Market Commission or by the Bank of Spain, therefore the information provided by the promoters on the projects has not been reviewed by them (nor, in in the case of issuance of securities, it constitutes an informative brochure approved by the National Securities Market Commission).

Investing in real estate should be done as part of a diversified portfolio. StockCrowd PFP, SL (StockCrowd IN) is intended for people with sufficient knowledge to understand the risks of investing in newly created companies.