New project! Luxury investment in Marbella with a 9.75% annual return

Next Monday, March 30 at 4:00 p.m. (UTC+1), we will open for investment Jacaranda III, the third financing tranche of a residential project in Marbella. This is the continuation of an operation already familiar to Urbanitae investors, which began with Jacaranda and was later expanded with Jacaranda II. On this occasion, the new tranche will make it possible to complete the construction of two luxury villas in Nueva Andalucía.

One of the most exclusive areas on the Costa del Sol

The project involves the development of two high-end semi-detached villas in Nueva Andalucía, within the residential setting of Las Brisas Frontline Golf. Each home will feature:

• 466 sqm built area
• A 972 sqm plot
• 3 bedrooms and 5 bathrooms
• Basement and two above-ground floors
• Garden with swimming pool, terraces and outdoor areas
• Spaces such as a gym, games room or leisure areas

The development is located in one of Marbella’s most sought-after areas, very close to golf courses, exclusive residential zones, and with strong appeal to international buyers.

Construction more than 45% complete

Jacaranda is a project that has already passed several key stages:

• Tranche A (December 2024): demolition of the existing house, subdivision of the plot and start of construction
• Tranche B (July 2025): continuation of construction

The project currently shows a degree of progress of more than 46%, with completion of the works expected in the fourth quarter of 2026. The new Tranche C will be used to finance the remaining works through to project completion, including upgrades in finishes and home fittings. The Jacaranda III project is managed by Influence Property, a firm specialising in real estate development and design. The team has experience in residential development in the United Kingdom, Spain and Italy; asset repositioning projects; and hotel and leisure investment across Europe. In Spain, they have developed transactions in prime locations such as La Zagaleta (Benahavís), as well as projects in Madrid and other European cities.

9.75% annual return

The investment is structured as a fixed-rate loan. The project’s total loan amounts to up to €3,805,000, structured in three tranches:

• Tranche A: €1,050,000 (formalised in December 2024)
• Tranche B: up to €1,190,000 (formalised in July 2025)
• Tranche C: up to €1,565,000 (the subject of this project)

Features of Tranche C:

• Interest rate: 9.75% simple annual interest
• Term: 8 months
• Estimated total return: 6.50%
• Minimum interest: equivalent to 8 months

Interest and principal will be paid at maturity. The loan will be disbursed through monthly construction certificates, supervised by an independent project monitor.

Loan security package

The project has a security structure that includes:

• First-ranking mortgage over the project assets
• Pledge over the shares of the development company
• Pledge over the bank accounts

Exit strategy

The exit for investors is expected to take place through the sale of one of the villas, the proceeds of which will be used to repay the loan. Marketing will begin in the coming months, supported by real estate agencies specialising in the Costa del Sol market.

Return in December 2026

The estimated term of Tranche C is 8 months, with a possible 6-month extension.

• April 2026: disbursement of the tranche and continuation of construction
• Fourth quarter of 2026: completion of the villas
• December 2026: sale of one of the homes and repayment to investors

In this video, we share the key points of the project.