New Project! Invest in Estepona with a 16.5% Total Return
We’re heading back to Andalusia with a new investment opportunity on the Costa del Sol. Urbanitae presents The Privilege, a debt project located in the center of Estepona, Málaga. Funding will open on our platform next Tuesday, May 13 at 4:00 p.m. (UTC+1).
We’ll also be hosting an informative webinar with the developer, where we’ll go over all the project details and answer your questions.
A residential development in the heart of the Costa del Sol
The Privilege involves granting a loan to finance part of the acquisition and general costs of two adjacent plots of land totaling 4,218 m², where a development of 32 two- and three-bedroom homes will be built. The project will feature large communal areas including a swimming pool, gardens, gym, spa, coworking space, cinema room, storage units, and parking. Ground floor and penthouse apartments will have private pools, and all units will feature contemporary design and high-end finishes.
The development enjoys a prime location: right in the center of Estepona, just a five-minute walk from the seafront promenade and three minutes from the new social center currently under development. Estepona is one of the most in-demand locations on the Costa del Sol, known for its high quality of life, year-round mild climate, and unique blend of tradition and modernity.
Project structure and loan terms
The The Privilege project is led by ARG Promociones, a developer with over 40 years of experience and a team of more than 50 professionals, specializing in high-end developments in Estepona and the Costa del Sol. The architectural design is handled by Complot Arquitectos, a studio with numerous contemporary projects in the area.
Urbanitae investors will participate in the project via a fixed-rate loan of €4,840,000, with a simple annual interest rate of 11% and a term of 18 months, including a guaranteed minimum term of 12 months. Both principal and interest will be repaid at maturity. Urbanitae reserves the right to finance part of the construction phase of the 32 units in a potential Tranche B, which would extend the loan by an additional 18 months until final sale.
Exit for Urbanitae investors will be achieved through the entry of external financing or, alternatively, through the sale of the homes if the extension to partially fund the construction is activated.
Check out this video for the project highlights.
Strong guarantees for investors
The loan will be backed by a robust set of guarantees:
- First-ranking mortgage on the two plots involved in the project
- First-ranking pledge on the shares of the borrowing company
- First-ranking pledge on the borrower’s bank accounts
- Pledge on the project’s VAT account
- Pledge on the receivables from the Green Mountain II project
These guarantees are designed to offer maximum protection for investors’ capital.
Estimated project timeline
The land acquisition is scheduled for May 2025. From there, a 12-month period is expected to obtain the building permit, secure pre-sales, and finalize bank financing for construction. Marketing will also begin in May, with a target of reaching 60% pre-sales within the first year.
Why invest in The Privilege
- Prime location: Estepona is one of the most promising residential areas on the Costa del Sol.
- Attractive return: 11% annual yield with a guaranteed minimum term of 12 months.
- Strong guarantees: First-ranking mortgage and additional pledges.
- Experienced developer: ARG Promociones has a proven track record with similar projects in the area.
- High demand product: Two- and three-bedroom homes with communal amenities and quality design—currently the most in-demand product in Estepona.
A well-supported commercial opportunity
The residential concept proposed in this project aligns with current demand in Estepona, as confirmed by an independent commercial analysis. In addition, the development will be carried out by a team with direct knowledge of the local market, further reinforcing the project’s potential for success.
Learn more and get involved
If you want to know more about this new investment opportunity, join us for a webinar with the developer on Monday, May 12 at 12:00 p.m. There, we’ll answer all your questions. In the meantime, you can check the full project details on our platform, or reach out to us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.
Don’t miss the chance to invest in a debt project backed by an experienced developer, in a consolidated location, and with an attractive return. We look forward to seeing you in The Privilege!
