New project! Invest in branded residences at 12% on the south coast of France

Next Friday, April 10 at 12:00 p.m. (UTC+2), we will open for investment Port Marseillan, a new real estate debt opportunity in Marseillan, in southern France.

📅 Investment opens: Friday, April 10 at 12:00 p.m. (UTC+2)
🎙 Project webinar: Wednesday, April 8 at 12:00 p.m. (UTC+2)

In this webinar, we will explain all the details of the project and answer investors’ questions.

A project of 56 branded residences in Marseillan

The Port Marseillan project consists of granting a loan intended to partially refinance existing debt and cover the initial construction costs of a development made up of 56 branded residences, distributed as follows:

• 34 villas
• 22 garden suites

The asset forms part of a seafront residential complex that will be managed by a prestigious international hotel operator under the Branded Residences model. This format combines private homes with the services and standards of high-end hospitality.

The project already has a valid building permit and shows a commercialisation level equivalent to 39% of total projected revenues, which provides visibility on the exit strategy and reduces commercial risk.

Marseillan, between the Mediterranean and the Thau lagoon

Marseillan is a coastal town in southern France located between the Mediterranean Sea and the Thau lagoon, in an area with strong tourist and residential appeal.

Its proximity to established cities such as Montpellier and Béziers, together with its Mediterranean climate, natural surroundings and growing demand for second homes, reinforces the project’s potential.

The Occitanie region maintains steady demand from both domestic and international buyers, especially in the premium residential segment.

A manager with more than 20 years of experience

The manager of Port Marseillan is Propriétés & Co, a family-owned real estate group founded and led by Miguel Espada, with more than 20 years of experience in the sector.

The firm specialises in:

• high-end resorts
• luxury residential complexes
• developments in southern Europe and the Caribbean

Over the course of its track record, the group has developed projects with a value exceeding €500 million of GDV (gross development value) and currently has a pipeline of more than €1.5 billion.

This project is also a double milestone for Urbanitae, as it is both the first project financed with Propriétés & Co and Urbanitae’s first debt transaction in France.

24% return over 24 months

The investment is structured as a fixed-rate loan granted to the company SCI Port Marseillan I.

The main features are:

• Amount: €5,000,000
• Interest rate: 12% simple annual interest
• Total return: 24%
• Term: 24 months

Interest and principal will be paid at maturity.

Early repayment will be possible at any time, with a minimum return equivalent to 8 months of interest.

Loan security package

The loan includes a particularly relevant security structure for this transaction:

• Notarised personal guarantee from the manager in the amount of €1 million
• Priority allocation of 17% of sales proceeds through irrevocable payment orders before a notary
• Security over another real estate project valued at €20 million, structured as a fiduciary security trust under French law over 100% of the shares and receivables of the owning company

In addition, the French VEFA system allows off-plan purchases through regulated progressive payments tied to construction progress, which enhances visibility on repayment.

Exit strategy

The planned exit of the loan will take place through the first instalments committed by buyers under the VEFA system, channelled through irrevocable payment orders before a notary.

In fact, according to the business plan, the additional sale of just three more units would be enough to cover full repayment of principal plus accrued interest over the 24-month term.

This point provides particularly strong visibility on the exit strategy.

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