|Criteria||From a+ to d||Project rating|
Macro Location Analysis
EvoEstate Risk rating is of an informative nature only & can not be considered investment advice.
Purpose of the loan
Discover Vegafria, the new investment opportunity of Descontia SL (Grupo Kota). A dream project in the exclusive and central neighborhood "Las Delicias", in the historic city of Valladolid.
The unbeatable location of this new construction allows you to walk to Canterac Park, the Río Ortega University Hospital and the emblematic historic center, where there are various cultural and leisure options.
The developer is requesting 200,000.00 euros to be used to finance construction works where top quality materials will be used. The promotion has a condo building license, which was started this past January.
A project that provides for online financing in two stages and a contribution of funds by the promoter of approximately 300,000.00 euros (38% of the total cost of the project). Also, the site was acquired with its own resources and no charge is expected on the property.
Participate today from 50 euros in a loan at a fixed interest rate with quarterly interest payments and a total term of 18 months and a Total Return of 15%.
Descontia SL (Grupo Kota) has an experienced team backed by 15 years of experience in the Real Estate sector.
Consolidated, solvent, competitive and constantly growing company. In its trajectory, the team has carried out multiple projects, both in residential and in offices. Their excellence stands out by using the best materials in proposals aimed at a premium audience, where they have developed real estate projects in different Spanish cities (Madrid, Malaga, Valladolid).
Maneuverability, versatility and a commitment to quality in all its promotions are the characteristics that identify the company.
The same company has a similar promotion underway around this opportunity. This project has 75% of units sold and the work is in full execution with 38% certified evolution.
Vegafria is a new construction development where the developer has acquired a buildable plot with a total area of 204m2, an excellent plot located in the central Las Delicias neighborhood.
This project, which has a building license granted and started, will give rise to 6 homes, 1 of which is sold and which will be configured as follows:
2 apartments of 76m2 with kitchen, living room, bathroom, toilet, 2 bedrooms (1 suite) and patio on the first floors.
2 apartments of 91m2 with kitchen, living room, bathroom, toilet and 3 bedrooms (1 suite).
2 duplexes of 115m2 and 110m2 with kitchen, living room, bathroom, toilet, 3 bedrooms (1 suite) and terrace.
6 parking spaces.
The construction of these properties will be developed with materials of the highest quality, where future residents will enjoy all the comforts in an urban environment with all kinds of services available.
A unique project in which you have the opportunity to take part in obtaining an optimal return/risk.
The Vegafria development is located in the most central part of Valladolid. The charismatic neighborhood of Las Delicias has located a short distance from the Campo Grande railway station, and within a radius of 1 kilometer, we find at our disposal, places such as restaurants, shopping centers, squares, or health facilities such as the Rio Ortega University Hospital.
The historic center of the city is located a few minutes on foot, where you can enjoy various points of interest such as the Cathedral of Valladolid, with Herrenian architecture, the Plaza Mayor, the Cervantes House-Museum, the San Benito church and other places tourist-historic of interest.
Despite being in the full consolidated area of Valladolid, Vegafría is surrounded by easily accessible nature, such as the Parque de las Norias de Santa Victoria, the Plaza de la Paz and the Parque de Canterac.
Given its relative proximity to the N-601 motorway and Av. De Sorio, the neighborhood is transmittable by car. Another transport option is the bus (lines 19, 6 and C1), in addition to the fact that the roads are accessible for cyclists.
Without a doubt, the property is located in a quiet and familiar neighborhood, perfect for buying a home.
The loan is presented as a very attractive investment opportunity:
Stockcrowd IN Success Rate: It is the rate that Stockcrowd IN will charge that will be determined based on a% of the funds obtained for the project, as long as it is successfully closed, that is, the published financing objective is reached on the platform. In case of not closing successfully, StockCrowd IN will not charge this commission. Once the campaign is finished and as a step prior to delivering the money to the promoter/manager, this commission is deducted from it in favor of StockCrowd IN. It does not affect the final profitability obtained by investors, since the Promoter is the one who assumes its cost. In this project, 3.25% + VAT is charged.
Payment gateway fee: It is the fee charged by StockCrowd IN for intermediation with the provider of the payment gateway and custodian. The promoter or manager makes the payment of 1% on the maximum amount of the financing objective that can be reached in the campaign. In the event that the campaign does not reach the financing objective, the Promoter will be paid the proportional part of this fee with respect to the amount of the maximum financing objective not reached. Also, in this case, the investor will fully recover the amount invested. It does not affect the final profitability obtained by investors, since the Promoter is the one who assumes its cost.
Investing in this project involves the following risks: risk of not obtaining the expected monetary return, risk of falling prices, risk of not completing the financing, political risk, risk of rising rates, risk of lack of liquidity to recover the capital invested, subordinated nature of the loan (particularly against the mortgagee, in those cases in which the acquisition of the property that is the object of the project is additionally financed through loans with a mortgage guarantee), risk of total or partial loss of the invested capital and risk of fraud.
Risk of falling prices: That the price of the property falls due to the increase in supply or decrease in demand in the area. There can also be a general drop in property prices due to a multitude of factors.
Mitigation: The promoter knows perfectly the dynamics of the market and his team is made up of professionals with extensive experience in the sector. Their knowledge and know-how allows them to identify and anticipate price trends, anticipating the market. There is an appraisal of the property and sometimes a market study is carried out.
Liquidity risk: Not being able to find a buyer when you want to sell the property.
Mitigation: The sales team knows the dynamics of the market and is structured with a team of collaborators in intermediation services to reduce this risk.
Risk of rising interest rates: Increase in the cost of financing in the purchase of real estate (mortgages). Which will push down the demand of the housing market.
Mitigation: The most reputable economists predict that the European Central Bank will not raise interest rates drastically this year. And the rise that will be implemented in the future will be very slow.
Political risk: What happens if political instability grows during this year.
Mitigation: Being an asset located in a very consolidated and exclusive area, it does not have a direct influence, allowing this risk to be significantly reduced.
Risk of not completing the financing: What happens if the investments do not complete the entire objective of the opportunity in the expected time.
Mitigation: The Law for the Promotion of Business Financing 5/2015, allows Participatory Financing Platforms to exceed the initially foreseen term by up to 25%. If the opportunity has reached at least 90% of the funding target, it can be effectively completed. In the event that the campaign does not reach the minimum 90% of the project, all amounts are returned by the platform at no cost to the investor.
Risk of total capital loss or of not obtaining the expected monetary return: It is important to bear in mind that there is no safe investment, and as in any investment, there is always the risk, not only of not obtaining the expected returns but of losing all of the invested. There may be a bankruptcy or bankruptcy on the part of the promoter or that the estimations of your business plan are not met for various reasons.
Mitigation: Stockcrowd IN runs a risk analysis of both the developer and the opportunity. It is studied that the promoter is up-to-date with the payment with AEAT and TGSS and that it is not registered in the RAI Likewise, it is studied that no information has been registered on claims of the Public Administration, or lawsuits and that the company deposits its accounts with regularity.
Risk of fraud: It should be noted that there may be a risk of fraud due to improper use of the money obtained for the project. There may be fraudulent use of money from any real estate operation.
Mitigation: In accordance with the Law for the Promotion of Business Financing 5/2015, Stockcrowd IN requests a criminal record and a Honorability Test of administrators and shareholders with high participation in the companies that execute the project. Also, explain that until the participatory financing campaign is completed, the promoter does not have the funds by going to an escrow account where they do not have access. It is also required that every two months, the promoter reports on the use of the money and therefore on the evolution of the project. You are also required to keep analytical accounts of the project and separately.
StockcrowdIN is a crowdfunding platform that is not covered by investment or deposit guarantee funds. The projects are not subject to supervision by the CNMV or by the Bank of Spain or any other regulator. The information provided by the promoter has not been reviewed by the CNMV nor was it approved by it. The investment opportunities offered by StockcrowdIN are previously studied and approved by the platform, but this does not provide financial and other advice. The information provided on this website is not considered advice and is only general information. The forecasts and information presented by the promoter or manager are only business plans and may undergo modifications in the course of operations.
|20.05.2021||Paid||No||13 May 2021, 14:08|