Molins de Rei - Stage II

 Development loan
Project listed: 22.09.2020
Barcelona,
Spain
165 909.00 €
Raised Of 250 000.00 €
8.5%
Annual yield
Term: 12 months
Interest payment schedule:
Quarterly
Invest:
Interest payments
20.01.2021
Pending

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Risk rating

CriteriaFrom -2 to 2
Property type0
LTV2
Loan Structure1
Pre-sales-2
Experience0
Development's licence0
Macro-location0
Micro-location2
Purpose of the loan0
Investment length1
EBITDA Margin1
EvoEstate Risk rating is of an informative nature only and can not be considered investment advice.
Project rating
B
Originator rating
A

Descripton

Project summary

 

Avante Nedax SL presents Molins de Rei - Stage II, an incredible investment opportunity in Les Guardioles , a new urbanization of Molins de Rei located in the surroundings of the Sierra de Collserola and bordering the town of Sant Cugat del Vallès.

The first phase financed for this project, which was aimed at acquiring the site and infrastructure works, has already returned capital and interest to investors 4 months before maturity.

It is a spectacular new construction project of 36 homes, 4 commercial premises and 70 parking spaces . With terrace space and interior patio with pool, ideal for the type of current demand for homes with space and light. Marketing is in full swing and 27 of the units are already reserved.

The promoter has the project approved and the building license granted. The works are scheduled to begin immediately, which will occur after the granting of a promoter-loan that is being negotiated with a bank. Together with the own resources carried by the promoter, plus the alternative financing, they will make the execution of the project possible.

The developer has already contributed more than 3 million euros for the acquisition of the site, already owned, contribution of guarantees for the urbanization in the town hall and for the projects carried out.  The infrastructure works have already been completed and the loan for this second stage is requested to pay for the building works and marketing costs for the real estate development.

The Les Guardioles urbanization  is a project that has been in the making since 2015. It is a neighborhood that will house about 700 homes, all of them newly built, in a total space of 130,000 square meters.

With a financing objective of 250 thousand euros , you can participate in a fixed interest loan with quarterly interest payments, amortization of the principal at maturity and a total return of 8.5% within a maturity period of 12 months. You can be part of this project with a minimum investment of 50 euros.

You will not have to wait for the sale of the properties to obtain returns!

 

Promoter

 

GRUPONEDAX is a consolidated corporation made up of a multidisciplinary team (financial consultants, lawyers, architects ...) with a team with more than  30 years of experience in the sector.

This company, formed by Avante Nedax SL and Nedax constructora SL, specializes in real estate services, development and construction (houses, offices, premises, residential land ...). His specialty is the management and construction of multi-family homes.

Its mission is clear, to be a benchmark promoter in the Sant Cugat del Vallès area and its surroundings, a location that borders our opportunity. In addition, the keys to guaranteeing the success of the company are a personalized, agile treatment adapted to new technologies.

An important characteristic of the promoter is its intense investment with its own resources in all its projects.

Closeness, transparency, quality and trust are the added value of this group that unifies its experience and excellence in each and every one of its services in different sectors.

 

The building

 

Les Cases Noves is a new construction development where Avante Nedax SL has acquired a large buildable plot with a total area of ​​4,575m2, a new urbanization belonging to the Les Guardioles partial plan .

This large space will give rise to 36 homes, of which 27 are already reserved, which will be configured as follows:

  • 4 penthouses, homes with 4 bedrooms, 3 bathrooms, kitchen, dining room, terrace, jakuzzi

  • 16 homes with 3 bedrooms, 2 bathrooms, kitchen, dining room, terrace

  • 16 homes with 2 bedrooms, 2 bathrooms, kitchen, dining room, terrace

The 4 premises will have a space of 150m2 each. In turn, 70 parking spaces will be added, 18 for motorcycles, 78 for bicycles and a swimming pool.

The construction of these properties will be developed with materials of the highest quality, where future residents will enjoy all the comforts in a natural and rural environment, but very close to Barcelona. Perfect for the growing demand for homes near Barcelona but at the same time surrounded by nature and with plenty of space available.

A unique project in the creation of a new neighborhood in which you have the opportunity to take part obtaining a high profitability.

The environment

 

Les Guardioles is located in an unbeatable environment. A completely brand new urbanization, with all kinds of amenities.

Belonging to Molins de Rei, this municipality in the Baix Llobregat region has a unique history. Land of aristocrats in the Middle and Modern Ages, the town's place name has its origin in the old royal mills of the 12th century. In fact, it still preserves several vestiges of the time, such as the ruins of the Castle of Castellciuró.

This municipality is surrounded by the impressive Sierra de Collserola, and has a population of around 25,000 people. It is bordered in the northwest by San Cugat del Vallès, a town with the highest per capita income in the province of Barcelona and which is home to several multinationals and important pharmaceutical and technology companies of international prestige.

The optimal location of our opportunity allows you to enjoy the tranquility and calm offered by an environment surrounded by nature, with multiple parks and even natural waterfalls, with the proximity to the city thanks to its connection by public transport (Line 4 of Rodalies ) as private (direct connection with Barcelona with the B23 road) just 300 meters away.

A perfect place as a habitual residence or second holiday home, since its environment allows you to enjoy multiple rural outdoor activities as well as leisure activities in its surroundings (bars, restaurants ...).

The loan

 

The loan is presented as a very attractive investment opportunity:

  • Purpose:  The loan issued will allow the financing of works expenses and marketing efforts 
  • Product type:  Fixed interest loan. Annual nominal interest is 8.5%
  • Total Return:  8.5%
  • Expiration period:  12 months
  • Frequency of interest payments:  Quarterly satisfied by overdue quarters, counted from date to date as of the day following the loan start date
  • Amortization type:  At maturity
  • Guarantees:  Acknowledgment of Debt before a Notary Public. The developer has a third property, which is also unable to sell or mortgage to guarantee the payment of the loan.
  • You can participate in this investment from only € 50
Project originated by:

Documentation

165 909.00 €
Raised Of 250 000.00 €
8.5%
Annual yield
Term: 12 months
Interest payment schedule:
Quarterly
Invest:
Interest payments
20.01.2021
Pending
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