70 410.00 €
Type: Buy to Let
Interest payment schedule: Quarterly
Min. amount of investment - € 100
Update from the originator:
The works are already finished and there are currently organized visits both for rent and for sale.
Because this is a Buy to Let project the quarterly return is linked to the possible tenants.
There has been no interest payment for the previous period.
Inveslar will buy shares of the company which holds this property asset in 7 funding stages. If they would not be able to raise capital in subsequent financings (which is a risk of this project) the existing shareholders will keep their ownership.
Inveslar will be also buying back parts of the company from the revenue generated by this property and the contract they have entered will have an acquisition duration of 3 years. In this property, the restaurant rent should be generating a significant percentage of income, however, there isn't a contract signed.
For the above-mentioned reasons, this is not skin in the game project, and we believe that the risks involved in this project do not outweigh the returns.
Investment opportunity in the construction of a Tekoa Boutique Hotel. Type of loan: Participatory. Expected Profitability: 10.70% Double profitability will be obtained: quarterly according to the operating profit, and for the sale of the property (estimated at 60 months). Inveslar Fintech S.L. He is the promoter of this investing opportunity, continuing with our idea of democratizing and making liquid a sector reserved for a few. Now you can access for the first time to co-invest with us in the hotel sector. We managed to get this opportunity with deferred payments until February of the year 2023.
The objective of the first phase is to finance part of the acquisition cost, finish the restaurant work, the first payment to the architect and rigger to start the executive project and present it to the City Council, as well as taxes and construction fees . This first section is part of a project with a total cost of € 70,410. The restaurant will be rented to a specialized operator, and the hotel will be managed by a local company with extensive experience in the tourism sector, under a management contract with "revenue share". There are firm offers to rent the restaurant with prices ranging from € 1,700 to € 2,100 per month, with a long-term contract.
This opportunity is to finish the construction of an 8-room Boutique Hotel plus restaurant, located in the heart of the Costa Brava, a few minutes walk from the beach and in the center of the coastal town of L 'Escala. The estimated deadline to complete the construction of the two most covered plants is 9 months.
Investors who invest in this project will have incentives that go beyond an economic return: For an investment of € 100 to € 1,000, a 10% discount on the rate published in the booking engine. For an investment of € 1,000 to € 3,000, a 20% discount. From € 3,000, a 30% discount.
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