Nuevo Artica

 Development loan
Navarra, Spain
Status
Done
150 000 € (100%)
150 000 €
Term: 5 months
Interest payment schedule: At Project Completion
10%
Annual yield
-
LTV
First
Mortgage rank
No
EVOEstate skin in the game

EvoEstate description:

We are not investing into this deal, because the building licence hasn't been granted and Pompalona is 2nd tier city.

StockCrowdIN description:

Project summary

Mountain View Real Estate (MVRE) presents an excellent investment opportunity in Pamplona with the Nuevo Artica project.

Promoted by CRUZ DE OLARIZU SL, it is the construction of a modern residential building of new construction that will enjoy all the comforts, with a perfect design and finishes and with top quality materials.

Nuevo Artica will house a total of 29 homes with 2 and 3 bedrooms. Garage, storage room, fully fitted and fitted kitchens, built-in closets, penthouses with large terraces, ground floor with large gardens ... will delight future buyers. 60% of the units are already reserved.

In order to cover expenses inherent to Urban Management, project procedures and obtaining the works license, the developer requests € 150,000. 

Be part of Nuevo Artica today with a minimum investment of € 300. A unique investment opportunity that offers you to participate in a Fixed Interest Loan.

The nominal annual interest is 10% in an estimated period of 5 months!

The promoter

The Mountain View Real Estate (MVRE) team has been promoting real estate projects for more than 35 years as a comprehensive consultation in northern Spain (Asturias, Castilla y León, Cantabria, Euskadi, La Rioja and Navarra, with permanent offices in Gijón, Santander, Bilbao, Vitoria, Pamplona, ​​Logroño, Burgos, Valladolid and Salamanca). 

In turn, in the international arena the corporation has its headquarters in Santiago, Chile.

The company has a team specialized in different areas and departments (urban, legal, fiscal, financial, administrative, technical and commercial).

Your biggest commitment is the satisfaction of your customers. Therefore, the company is always at the forefront in all areas related to Real Estate and the most advanced techniques in the sector. 

Finally, the hallmark of MVRE is the proximity and interaction with the client in their projects, thanks to a marketing managed by specialized personnel who collaborate with real estate services in each city. This allows to obtain an exhaustive knowledge of the needs of the buyer or end user, and a detailed profile of the client to whom each project is directed.

The building

The Nuevo Artica project foresees the creation of a residential complex of 29 homes with 2 and 3 bedrooms with parking and storage.

It will be built with insulating materials, which will grant extra comfort inside the building (less noise and perfectly thermally insulated).

Its construction and the latest integrated technology will allow an optimization of energy expenditure thanks to the installation of intelligent thermostats.

In addition, the presence of radiators will be eliminated by installing underfloor heating in all rooms. This will provide a saving between 15% and 25% in relation to other heating systems, due to a lower water supply temperature (30º-45º) compared to traditional systems (80º-85º), which allows more uniform distribution of heat throughout the house, when done from the ground.

Solar panels will also be installed that will be used to produce hot water and take advantage of renewable, clean and sustainable energy.

This, together with a unique design, with bright and open spaces and top quality materials, make these homes a great shopping attraction.

The environment

Nuevo Artica is located in the Buztintxuri neighborhood, just 3km from the center of Pamplona. A quiet, residential and perfectly connected with several bus lines. 

In addition, it has several parks in its surroundings, sports centers, schools and supermarkets. 

On the other hand, it also has a varied leisure offer with restaurants and bars nearby.

Thanks to its proximity to the city, you can enjoy the historic center of Pamplona and visit its mythical town hall, Estafeta street, Navarra Museum or the Pamplona Cathedral, the most complete cathedral complex that is preserved in Spain.

The loan

 

The loan is presented as a very attractive investment opportunity:

  • Purpose:  The loan issued will allow financing of expenses inherent to Urban Management, project procedures and obtaining the works license
  • Type of product:  Fixed interest loan. The nominal annual interest is 10%
  • Total Estimated Profitability:  4.16%
  • Estimated term:  5 months
  • Frequency of interest payments:  Due
  • Amortization Type:  At maturity
  • Guarantees:  Recognition of debt before a notary. Endorsed  by the company  MOUNTAIN VIEW REAL STATE SL
  • You can participate in this investment from only € 300

Market summary

Twelve minutes from the historic center of Pamplona is the neighborhood of Nuevo Artica, appreciated by neighbors in the area and adjacent, mostly young and familiar public who wants to maintain a lifestyle close to nature without giving up the great variety of commerce. The constant interest in the promotion of Residencial Nuevo Artica is due to the fact that it is the last plot in the area aimed at the construction of new construction, which allows access to homes that exceed existing quality and performance, such as penthouses with double terraces and on one floor, the ground floor equipped with large landscaped plots facing south and the terraces that offer all its 3 bedroom apartments.

Project originated by:
Status
Done
150 000 € (100%)
150 000 €
Term: 5 months
Interest payment schedule: At Project Completion
10%
Annual yield
-
LTV
First
Mortgage rank
No
EVOEstate skin in the game