We are excited to present a new investment opportunity. We return to the luxury sector to continue developing two exclusive villas in Marbella. You can invest starting this Friday, November 29, at 12 PM (UTC+1). Below, we provide all the details about the project.
The Cazorla – Piemonte III project is, as the name suggests, the third phase of the Cazorla – Piemonte development, which was first financed on our platform in November 2023. This operation involves continuing the development of two luxury villas, both located in Marbella. Casa Cazorla is situated in the Las Lomas de Marbella Club residential area, while Casa Piemonte is in the Be Aloha development in the Nueva Andalucía district.
The developer, Casas Fintech, is the same one behind phases A and B. Casas Fintech is an experienced investment management company specializing in luxury real estate, with a strong presence on the Costa del Sol. It is part of the Portuguese group SGPS, one of Portugal’s most renowned investment consortia.
Construction progress at 60%
Since the second phase was funded in April, construction on both villas has progressed from 20% to the current 60%.
Casa Cazorla is a luxury villa with five bedrooms—two with walk-in closets—five full bathrooms, a guest restroom, and an open-plan kitchen and living area. The basement includes a gym, reading room, office, and game room. The garden features a large pool as well as an outdoor lounge, dining area, and kitchen. As of the end of October, construction was 57% complete.
Casa Piemonte is a luxury single-family home with six bedrooms—four with walk-in closets—seven full bathrooms, two guest restrooms, and an open-plan kitchen and living area. The master suite boasts a private terrace and jacuzzi. The basement houses a gym, bar, office, game room, and reading area. Like Casa Cazorla, the garden features a large pool, outdoor lounge, dining area, and kitchen. As of the end of October, construction was 63.5% complete.
10% return in 12 months
The Cazorla – Piemonte III project is a debt-based investment. Urbanitae investors will partner with the developer through a fixed-rate loan to fund both developments. The remaining financing will come from the developer’s own funds, as both projects progress simultaneously.
The total loan amount is €7,480,000. The third phase—Phase C—amounts to €2,701,000 and will be used to continue construction. The loan carries a fixed annual interest rate of 10% with a 12-month term.
Full early repayment is allowed at any time, subject to a minimum guaranteed return of 12 months for Phase C. An additional 12-month extension beyond month 24 is allowed, provided the construction progress has reached 100%. This extension is designed to accommodate the sale of the villas if needed. The project includes mortgage-backed security on the properties under development.
It is important to note that the sale of all the villas is not required to repay the loan.
In this video, the developer and our Real Estate Director, Sergio Arana, explain the project details. You can also watch the recorded webinar addressing key questions about the project.
Returns in 12 months
The estimated timeline for this project is 12 months. In Q1 2024, Phase A was formalized, and construction began. Phase B was formalized in Q2. Phase C is being formalized in Q4 2024 to finalize construction, which is expected to conclude by Q3 2025. In Q1 2026, the villas will be sold, and the loan will be repaid to Urbanitae investors.
Do you have any questions? Feel free to contact us at contacto@urbanitae.com or call us at (+34) 911 23 25 22. We look forward to hearing from you!
