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Macro Location Analysis
EvoEstate Risk rating is of an informative nature only & can not be considered investment advice.
Kota Construcciones y Contratas SL presents you Santa Susana. A project for the acquisition, reform and sale of a penthouse in the heart of the Hortaleza neighbourhood of Madrid, one of the most consolidated and best-connected areas of the capital.
The property enjoys excellent views as it is located on the top floor of the building and has a 33 m2 terrace that will allow you to enjoy the best moments outdoors.
The developer has already bought the property and set up a mortgage loan. He is requesting 120,000 euros that will be used to finance the complete reform of this house budgeted at 97,800 euros and to meet other project expenses. Top quality materials will be used for this. The transformation of the property will considerably revalue its sale price.
A project that enjoys a contribution of funds from the promoter of 80,000 euros (21% of the total cost of the project). In addition, the project has bank financing through a mortgage on the property for an amount of 175,000.00 euros (46% of the total cost of the project and 55% of the current value of the property, prior to the reform).
The loan at a fixed interest rate with quarterly interest payments, for a total period of 12 months . The annual interest is 8.50%.
Kota Construcciones y Contratas SL has an experienced team backed by 15 years of experience in the Real Estate sector.
Consolidated, solvent, competitive and constantly growing company that in its history has carried out multiple projects, both residential and office.
The company stands out for its maneuverability, versatility and commitment to quality in all its developments, carrying out real estate projects aimed at a premium audience in different Spanish cities such as Madrid, Malaga and Valladolid.
The developer has recently undertaken other projects with similar characteristics that have been successfully completed.
Santa Susana is a property located on the top floor of the building, equipped with excellent natural lighting.
The work to be carried out is a comprehensive reform that will transform it into a modern and current space. It will consist of the demolition of the existing partitions to proceed with the redistribution of the rooms and thus achieve a better use of the available surface. The entire electrical and plumbing system will be renewed, and the house will be equipped with the best insulation and waterproofing.
It will be completed with new flooring, tiling and paint, and all the wood and aluminum carpentry will be completely renovated, in addition to providing a new heating system. It will conclude with the installation of kitchen furniture, bathrooms and cabinets.
With a total area of 90 m2, it will house an open space for a living-dining room-kitchen, three bedrooms, 2 of which are doubles, and 2 bathrooms. Access to the 33 m2 terrace is provided from the living room and 2 of the bedrooms.
The property is located in the district of Hortaleza, located in the northeast of the capital, which includes the old municipal term of Hortaleza and part of that of Canillas, both annexed to the capital by separate decrees of 1949. The neighborhoods of the district are : Pinar del Rey, Canillas, Valdefuentes, Apóstol Santiago, Piovera and Palomas. In the neighborhood of Pinar del Rey is the historic center of Villa de Hortaleza.
In Hortaleza, high-rise residential buildings and peripheral shopping centers coexist with golf courses and parks that border the city, such as the Valdebebas Forest Park, full of bike lanes and lagoons.
The district has two Cercanías stations, in Fuente de la Mora (lines C-1 and C-10) and in Valdebebas (C-1). The main communication axes of the district are lines 4 and 8 of the subway, in addition to the light rail line ML1. It is also perfectly connected to the M-30, M-40 and M-11 ring roads, making it possible for the transfer to the Adolfo Suarez - Madrid Barajas International Airport or to any of the surrounding industrial and business centers to be only a matter of minutes.
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 3.5% + 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.
Risks and Warnings:
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 the restrictions to the free transferability inherent in its legal regime.
StockCrowd PFP, SL (StockCrowd IN) does not hold the status of investment services company, or 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.