Project update

Update from the originator:

The originator has very good news!

The originator managed to sell the “San Telmo” project in just 71 days.

In the next few days, the originator will liquidate the opportunity, and the originator will pay back the principal and capital gains to all investors.
 

Update from the originator:

The originator has good news: the originator has already found tenants for San Telmo, and they are checking in today!

They will be staying till the end of June, and they will be paying a monthly rent of 550 EUR + expenses (as forecast on our business plan). Then the originator will rent the apartment as a vacation rental property till the end of the Summer.

The 5% APY promotion has already being recalculated and paid to all investors. Congrats to all!

The originator has also uploaded some important information regarding this opportunity, like:

1.Property registry deed, stating that the property is now owned by "Brickstarter, 004 SL", a subsidiary company from  Brickstarter.com. You can download the file here and check the content of this document here using this CSV code: 4N53 YVAB Q7GZ VE2N, here.
 
2. The originator has also uploaded new pictures of the apartment now it is finished.

Update from the originator:

For the San Telmo project, the apartment is not ready. This week the developer will receive all the furniture and hopefully, the apartment will be ready by next Monday. Then the originator will start looking for a tenant and the originator thinks that he will find one by the end of January. Once the tenant signs the contract the originator will pay 5% for the funding period.

New pictures of the progress have been added and a new document.