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We kick off February with a new debt project. In this case, we offer you the opportunity to invest in Marbella with a total return of 21%. It will be next Friday, February 9th, at 12 p.m. (UTC+1).
We travel to the district of Nueva Andalucía, in the city of Marbella. The Villa Alcalá project involves granting a loan to finance the development of a luxury villa located in the exclusive residential community of La Cerquilla, adjacent to the Las Brisas golf course. The villa in question will have five bedrooms and five bathrooms, a garage with space for four vehicles, an entertainment room, a gym and cellar space, and a private pool, among other amenities.
The developer returns with Urbanitae: Cogitari Homes financed the Gate 3 project on our platform last December, another luxury residential development. The developer specializes in this segment and has more than 30 years of international experience in the industry.
21% return and ongoing construction
The Villa Alcalá project is a debt project. Urbanitae investors will provide a loan to the developer, intended to pay off the principal of the existing mortgage on the land where the asset will be developed and to complete the construction.
It should be clarified that the developer, Cogitari Homes, owns the land: it was acquired with its own funds and alternative financing. The project already has a building permit, and in fact, work has already begun.
The participation of Urbanitae investors will be materialized in a loan divided into three tranches. Tranche A, with a term of 24 months, will be for an amount of €2,175,000 at an annual fixed rate of 10.5%, with the stated purpose of removing the charge and continuing the construction. The exit of Urbanitae investors will be through the sale of the house.
The total amount of the loan is 4,900,000 euros, and, as mentioned, it will be structured in three tranches. The Villa Alcalá project is limited to the described Tranche A. Total early repayment will be allowed at any time, subject to a guaranteed minimum return for Tranche A equivalent to 24 months of interest. An additional extension of 6 months to month 24 is allowed, subject to a 100% progress of the construction.
First mortgage guarantee
Another strong point of the project is its level of guarantees. The debt contract establishes a first-ranking real mortgage guarantee on the three registry properties that make up the project – as always, through a collateral agent. Investors entering subsequent tranches will subrogate to this same mortgage.
In addition, the first-ranking pledge on the shares of the SPV and the first-ranking pledge on the bank accounts of said SPV are established as guarantees.
In this video, the developer and our CEO explain the details of the Villa Alcalá project.
Investing in Marbella with returns in 24 months
The estimated term of this project is 24 months. Thus, it is expected that in the first quarter of this year, the loan will be granted, and construction will continue, concluding in the third or fourth quarter of 2025. The sale of the villa and the repayment of the loan to Urbanitae investors is scheduled for the first quarter of 2026.
If you have any questions, next Wednesday, February 7th, we will hold a webinar with the developer, who will answer all questions raised. Also, as always, you can contact us at contacto@urbanitae.com or by calling 911 23 25 22. Don’t miss this opportunity to invest in Marbella with a 21% return.
