New project! Invest in new-build housing in Zaragoza

We’re launching a new project in a growing city with great residential potential. On Wednesday, April 16 at 4:00 p.m. (UTC+2), Urbanitae investors will have the opportunity to take part in the development of a residential complex in Miralbueno, one of Zaragoza’s most dynamic neighborhoods.

Homes with terraces, a pool, and landscaped common areas

The Miralbueno Residencial project is the first phase of a development that will include a total of 28 homes with 2, 3, and 4 bedrooms. In this initial stage, 14 two- and three-bedroom units will be built, all including a parking space and storage room, and equipped with spacious terraces. Ground-floor units will have private gardens, while the penthouses will feature rooftop solariums on the seventh floor.

The development will also include landscaped communal areas, a swimming pool, and a meeting room, offering a very attractive value proposition for buyers seeking quality of life and proximity to the city center. The project is located less than five minutes from the A-2 highway and is well connected to central Zaragoza via public transport.

Segia Residencial returns to Urbanitae

The developer of the Miralbueno Residencial project is Segia Residencial, an Aragonese firm with over 25 years of experience. It has previously developed projects in central Zaragoza, Cuarte de Huerva, and Ejea de los Caballeros. This is its second project financed through Urbanitae, following the success of Residencial Cinco Villas, which is progressing as planned.

While Segia Residencial acts as the comprehensive developer, its team also has experience as a delegated developer and cooperative manager. With over 25 years of experience in the area, the company has delivered close to 30 single-family homes and apartment blocks in the province over the past four years.

Investment strategy and project conditions

This project follows a capital gains strategy, through capital contribution for land acquisition and initial costs. The project already has an exclusive pre-contract agreement for the asset, the construction license has been requested, and bank financing for the works has been approved. The construction contract is currently being tendered with bids in line with the estimated budget.

Urbanitae investors will participate through a capital increase in the project’s development company. The project offers a preferred IRR of 12% to Urbanitae investors.

Additionally, 11 out of the 14 homes have already been reserved, representing a 78% pre-sale rate—well above average for this phase. Sales will continue with the support of a specialized local agency.

Watch this video to learn the key points of the project.