|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 Can Cortes, the investment opportunity of Puignovell obra nueva SL (Grupo Roig construcciones y servicios). A real estate development located in Palau Solità i Plegamans, which is located in the Vallés Occidental region and is about 32 kilometers from the city of Barcelona.
A project that has the building license granted by the city council and the immediate start of the same is expected. Online financing is planned in two stages for a total of 600,000.00 euros and a contribution by the promoter of approximately 25% of the total cost of the project, which amounts to 7,700,000.00 euros. In addition, there is a developer loan granted by a leading bank in the real estate sector.
The off-plan marketing of the residential development began in January 2020, and even with the forced stoppage caused by the pandemic, the planned targets have been exceeded, with 65% of the development's homes currently being reserved off-plan.
Participate from 100 euros in this first stage, with a total of 300,000.00 euros, through a loan at a fixed interest rate with quarterly interest payments, a maturity of 18 months and a total yield of 15%.
Roig Construcciones y Servicios SL (parent company of the group) defines itself as a construction and services company, with skills and experience in construction and renovation works of buildings, premises and homes, strongly implanted in banking retail works.
Born in Barcelona in 1985, when Ramon Roig i Serés, industrialist and businessman with a long experience in the construction sector, created a new company dedicated mainly to developing works and reforms for banks.
Currently, the group accumulates the experience of two generations and consolidates an upward trajectory in the construction sector, both in retail works, as in rehabilitation and new construction. A company that has experience of more than 30 years in the market, with a consolidated and dynamic team, oriented to the achievement of objectives, and a strong vocation for services.
The project consists of the construction of three blocks of isolated multi-family dwellings with specific volumes on the ground floor and two upper floors, all of them with a basement dedicated to parking and a flat roof. Two of these blocks will have the entrance to the shared parking lot with access from Ebro Avenue and the third will have access from the restricted road that arose from the parceling of the parent estate.
The three blocks will have access to a garden with a communal pool, and at the same time, all the ground floor houses will have a private garden at the same level as the house.
The promotion consists of 37 homes, 34 of free rent and 3 for V.P.O., of which 34 are three-bedroom, 2 two-bedroom and one 1-bedroom. It also has a basement with 40 parking spaces and 40 storage rooms.
Palau Solità i Plegamans (previously called Palau de Plegamans) is located in the Vallés Occidental region and is about 32 kilometers from the city of Barcelona. At present, its census is of 14,771 inhabitants, which implies that it is the twelfth most populated municipality in the Western Vallés. In addition, this municipality is an important road and highway communications hub, headquarters of large multinationals and has several highly relevant industrial estates.
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 closed successfully, 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 previous step to the delivery of 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% + VAT is charged.
Payment gateway fee : It is the fee charged by StockCrowd IN for intermediation with the payment gateway provider 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. Likewise, 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 real estate carries risks, including the risk of total or partial loss of the capital invested, the risk of not obtaining the expected monetary return and the risk of lack of liquidity of the investment. In the case of financing through the issuance of shares, the risk of dilution of the participation in the company, the risk of not receiving dividends and the risk of not being able to influence the management of the company is also included. In the case of financing through the issuance of shares or other capital securities, the risk of dilution is included, the risk of not receiving dividends, the risk of not being able to influence the management of the company, all affected by restrictions on the free transferability inherent in its legal regime.
StockCrowd PFP, SL (StockCrowd IN) does not hold the status of an investment services company, or a credit institution and is not attached to any investment guarantee fund or deposit guarantee fund. Participatory financing projects are not subject to authorization or supervision by the National Securities Market Commission or by the Bank of Spain, therefore the information provided by the promoters on the projects has not been reviewed by them (nor, in the case of issuance of securities, constitutes an information brochure approved by the National Securities Market Commission)
Investing in real estate should be done as part of a diversified portfolio. StockCrowd PFP, SL (StockCrowd IN) is intended for people with sufficient knowledge to understand the risks of investing in newly created companies.
|10.07.2021||Paid||No||04 July 2021, 23:09|