New Project! Invest in Huelva with an 11% IRR

Urbanitae opens a new real estate investment opportunity in Andalusia: the Torres Punta Umbría project, consisting of a bridge loan intended to partially finance the acquisition of three plots in this coastal town in Huelva. Financing will open on Friday, October 17 at 12:00 (UTC+2).

On October 16 at 1:00 p.m. (UTC+2), we will hold a webinar with the manager, where all aspects of the operation will be explained.

What the project involves

The loan will cover the purchase of the plots, financing structuring costs, and expenses prior to the formalization of the developer loan. Repayment is expected when bank financing is secured, once the building permit is obtained and the pre-sale level required by the financial institution is reached.

The manager estimates a 12-month timeframe to reach this milestone. During this period, the detailed study and urbanization project are being developed in coordination with the Punta Umbría Town Hall. Simultaneously, progress is being made on the basic project, aiming to start marketing in the coming months and submit the permit application as soon as possible.

120 multifamily homes

The final development plans include the construction of 120 multifamily homes across three independent blocks with a ground floor plus eight stories. Homes will feature 2, 3, and 4 bedrooms, with an average area of 124 m² and landscaped communal areas.

The property is located in a well-established and well-connected area, just 300 meters from the beach, making it attractive for both primary residences and vacation homes.

11% return in 12 months

Key features of the Torres Punta Umbría loan:

• Urbanitae tranche amount: €3,000,000 (within a total loan of €5,880,000)
• Term: 12 months (+6-month optional extension)
• Fixed annual interest: 11%
• Estimated total return: 11%
• Minimum guaranteed interest: 6 months

Guarantees:

• First-ranking mortgage on the asset.
• First-ranking pledge on the project’s bank accounts, with exclusive lender control.

Interest and principal will be paid at maturity, and the loan can be repaid early with a minimum guaranteed return equivalent to 6 months of interest.

A unique location on the Huelva coast

The project is located in Punta Umbría, a coastal town facing the provincial capital of Huelva, at the mouth of the Odiel River. Surrounded by protected natural areas—such as the Odiel Marshes and the Enebrales Natural Area—and with more than 10 kilometers of fine sandy beaches, Punta Umbría combines nature, services, and quality of life.

With a well-established tourism and residential offer, good connections to Huelva and Seville, and a mild climate year-round, the area has seen increasing real estate activity in recent years, driven by demand for quality second homes and sustainable residential projects.

The manager: Admara Capital

The project is led by Admara Capital, a platform specialized in real estate investment and asset management across the Iberian Peninsula. The firm has managed over €2 billion in assets and participated in more than 25 joint ventures with international funds, institutions, and family offices.

Their team has extensive experience in finance, investment, management, and real estate development, with a strong focus on quality residential properties in prime locations.

In this video, we explain the key aspects of the Torres Punta Umbría project.