At Urbanitae, we continue to invest in exclusive projects in prime locations. This time, we present the second tranche of the Pinares de San Antón project, a development of 13 luxury villas in one of Málaga’s most exclusive areas. Funding for this tranche will be available on our platform on Tuesday, March 25, at 4:00 PM (UTC+1).
This investment is structured as debt financing, with a fixed-rate loan at 10.75% per year and an initial term of 5 months, extendable for up to 12 additional months.
A Project in One of Málaga’s Best Locations
Pinares de San Antón is an exclusive residential neighborhood in the eastern part of Málaga, on the Cerro de San Antón. The location offers breathtaking sea views over Málaga Bay and is surrounded by forest parks, scenic viewpoints, and natural areas. It is also less than 20 minutes from the city center and within 5 minutes of schools, hospitals, and sports centers.
Málaga is one of Spain’s fastest-growing cities in both economic and demographic terms. In 2023, the city’s GDP grew by 3.6%, and employment increased by 4.5%, both figures exceeding the Andalusian average. The city has also attracted numerous international tech companies and boasts a strong real estate market driven by high-end housing demand.
Project Structure and Progress
This second tranche of funding is part of a loan granted in July 2024 to Cogitari Homes, the project’s developer. The development is already at an advanced stage, with construction progress exceeding 20%, according to Project Monitoring certifications.
Tranche B, amounting to €2,070,000, will allow for continued construction and cover additional project costs. The loan is secured by a first-rank mortgage on the asset, providing strong investment security.
The villas will feature 4 to 5 bedrooms, 3 to 4 bathrooms, a basement, a swimming pool, spacious gardens, and terraces. Additionally, they will include 3 to 4 parking spaces, an office, and a game room with the option to be converted into a gym or home theater.
Watch this video to learn more about the project.
Investment Terms
- Annual Return: 10.75%
- Term: 5 months, extendable up to 12 months
- Total Tranche B Amount: €2,070,000
- Guarantees:
- First-rank mortgage on the asset
- Pledge of the owning company’s shares
- Pledge of its bank accounts
- Exit Strategy: Refinancing with a development loan or sale of the villas
Save the Date
If you want to be part of this project, funding will be available on Tuesday, March 25, at 4:00 PM (UTC+1).
For more information, check the project’s details on our platform, watch the webinar we held with the developer last June, or contact us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.
Don’t miss this opportunity to invest in a luxury development in Málaga with Urbanitae!
