New project with 12% annual profitability in Marbella

We return with a new debt project on Urbanitae. Next Tuesday, July 30 at 12 PM (UTC+2), you will have the opportunity to invest in a luxury villa development in the Guadalmina Alta urbanization in Marbella.

With the Guadalmina Alta project, we head to Marbella (Málaga). In this case, we are talking about the first part, section A, of the loan to finance the development of 5 individual luxury villas in the Guadalmina Alta urbanization in Marbella. The asset is owned by the borrower, who first acquired the plot and divided it into 5 lots. At the current stage, the previous villa has already been demolished, and construction will begin once the loan is secured, which will finance 100% of the mortgage burden of the asset and part of the construction and general project costs.

The development is located at 23rd Street 405 in the municipality of Marbella, province of Málaga. Besides being one of the most touristy destinations nationally and internationally, the project is half a meter from the beach, surrounded by several golf courses, and close to the center of San Pedro de Alcántara (3km) and Puerto Banús (5km). The villas will have between 4 and 5 bedrooms, distributed over 3 floors, with patios, terraces, and parking spaces. Additionally, it will be located in an exclusive urbanization and built on a large garden with a pool and jacuzzi, solarium, and space for a gym or cinema room.

As for the developer, it is Hormitech, known for its innovative use of advanced technology to create high-quality homes in reduced times. To date, this Spanish company, specializing in the promotion and construction of modular homes, has delivered more than 50 projects, half of which have been in the province of Málaga.

12% profitability in 12 months

The Guadalmina Alta project is a debt project. Therefore, Urbanitae investors join forces to grant a loan to the developer for the first section that will culminate in the construction of 5 individual luxury villas. The loan amount this time is €2,140,000, and the contract establishes a fixed rate of 12% and a duration of 12 months.

The total cost of the project amounts to €8,140,000, divided among which up to €5,000,000 of Sections A, B, and C will be financed through the platform and external investors, and Section D will be fully financed by the platform.

The loan from Urbanitae investors is therefore divided into four sections (although part of the third section C is financed outside the platform). For now, section A will have an annual fixed rate of 12% to start financing the first part. The exit for Urbanitae investors will be through the sale of 5 villas.

First-rank mortgage guarantee

Regarding the repayment guarantees of said loan, a first-rank mortgage promise is established on the lots of both developments, as well as a first-rank pledge promise on the shares of the SPV.

The expected duration of this project is 18 months -with a possible extension of 6 months-. Once the Urbanitae loan is secured, construction of the villas will begin, followed by their marketing and sale, and then the loan repayment. Ultimately, the loan repayment is expected to occur in January 2026.

In this video, the developer and Diego Bestard, CEO of Urbanitae, explain the project details. In any case, if you have questions, you can ask them in the webinar we are holding on Monday, July 29 at 12:00 PM (UTC+2) with the developer, José María Gómez-Acebo, Director of Institutional Investors, and Joaquín Uríbarri, VP of the Real Estate team. As always, you can contact us via email at contacto@urbanitae.com and by phone at (+34) 911 23 25 22.