MONTCADA

 Development loan
Project listed: 05.08.2020
Montcada i Reixac,
Spain
9%
Annual yield
Term: 18 months
Interest payment schedule:
Monthly
Interest payments
30.10.2020
Pending

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Risk rating

CriteriaFrom -2 to 2
Property type0
Loan Structure1
Pre-sales1
Experience0
License0
Macro-location2
Micro-location1
Purpose of the loan1
Investment length1
EBITDA Margin0
EvoEstate Risk rating is of an informative nature only and can not be considered investment advice.
Project rating
B
Originator rating
B

Descripton

THE OPPORTUNITY

Type of opportunity: Loan

Modality: Development Loan1 

Profitability: 13.50%2 in 18 months (9 in 12 months)3

This funding corresponds to the first phase of a 1.480,000 euro project4 (It is foreseen a total of four phases).

 

We introduce you Montcada, a new development loan opportunity that consists of granting a loan to a developer to finance the construction of 10 apartments and 5 garages in Montcada, Barcelona.

 

REASONS TO INVEST IN MONTCADA

- Strategically located only 10 minutes away from Barcelona;

- Smart and sustainable building that will integrate solar energy and energy efficiency;

- The scoring for this opportunity is BBB

 

 

LOCATION

The project is located in Montcada, a town of Catalonia, in the Vallès Occidental region, 12 km from Barcelona.

Highlights of the location:

- It is strategically situated, only 15 minutes by train and 10 minutes by car from Barcelona;

- A privileged area where there are no new properties,  and it is one of the most demanded areas due to its proximity to Barcelona;

- The main tourist attractions in Barcelona include La Sagrada Familia, Park Güell and Montjuic mountain which, with a height of 173 meters, offers a panoramic view of the city.

 

 

THE PROJECT

The opportunity foresees the construction of 10 houses AND 5 parking spaces. The total built area of the development is 1,639.70 m2. with the following features:

 

Ground Floor

- 1 apartment with 3 bedrooms (master bedroom with bathroom included), 2 bathrooms, kitchen and living-dining room; 

- 1 apartment with 2 bedrooms, 1 bathroom, kitchen and living room; 

First Floor

- 1 apartment with 4 bedrooms (master bedroom with bathroom included), 2 bathrooms, kitchen, laundry room, terrace and living-dining room; 

- 1 apartment with 4 bedrooms (master bedroom with bathroom), 2 bathrooms, kitchen, living room and terrace; 

Second Floor

- 1 apartment with 4 bedrooms (master bedroom with bathroom included), 2 bathrooms, kitchen, laundry room, living room and terrace; 

- 1 apartment with 4 bedrooms (master bedroom with bathroom), 2 bathrooms, kitchen, living room and terrace; 

Third Floor

- 1 apartment with 3 bedrooms (master bedroom with bathroom included), 2 bathrooms, kitchen, living - dining room and terrace; 

- 1 apartment with 4 bedrooms (master bedroom with bathroom included), 2 bathrooms, kitchen, living room and terrace.

Fourth floor

- 1 apartment with 3 bedrooms (master bedroom with bathroom included), 2 bathrooms, kitchen, living - dining room and terrace.

- 1 apartment with 4 bedrooms (master bedroom with bathroom included), 2 bathrooms, kitchen, living room and terrace.


 

THE PROJECT DEVELOPER

The project developer belongs to Grupo Sitecno, a group of innovative companies, constantly committed with the environment.

Counts with more than 30 years of experience in Spain, in the construction sector, execution of works and renewable energy. 

Finally, it is important to know that GOC carries out the monitoring of these types of projects, so there will be permanent control of all the capital contributed by the investors.

 

TRANSACTION DATA
Financing goal1370,000.00 €
Analysis of the operation
Benefit of the operation249,950.00 €

1 - The amount of the loan requested by the project developer.

2 - Fixed interest to distribute monthly among investors.

 

Project originated by:
Housers charges 10% revenue fee. Additionally income tax is withheld (Spain 19%, Portugal 25%, Italy 26%). If your country has double taxation treaty - you do not have to pay income tax in your home country.

Documentation

9%
Annual yield
Term: 18 months
Interest payment schedule:
Monthly
Interest payments
30.10.2020
Pending
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