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We’re kicking off the second half of July with a new real estate investment opportunity. This time, we’re heading to the north of Madrid, to El Molar, to take part in the development of a 68-unit multifamily residential project in a growing, high-demand area. Financing for the Residencial La Mola project will open for investment on Friday, July 18 at 12:00 p.m. (UTC+2).
New Homes, Nearly All Already Sold
The Residencial La Mola project involves the construction of 68 two- and three-bedroom units, each with a parking space and storage room. The homes will be distributed in a multifamily building located in El Molar, a municipality in the north of the Community of Madrid that combines residential growth with a natural setting and has excellent access via the A-1 motorway, just 38 km from the capital’s city center.
One of the project’s biggest strengths is its advanced sales status: 60 of the 68 homes are already reserved, representing 88% of the total. In addition, the project already has a granted building permit and bank financing secured with a top-tier financial institution, which reinforces its viability.
The Developer: Experienced in the Madrid Market
The project will be developed by Nero Quality Consulting, a Madrid-based developer specializing in residential projects in both build-to-sell and build-to-rent formats. With a track record that includes developments in municipalities such as Torrejón de Ardoz, Pozuelo, Fuenlabrada, and Coslada, Nero Quality Consulting relies on a multidisciplinary team and a clear strategy: to build in high-demand areas with strong potential for property value appreciation.
In this case, the developer is partnering with Urbanitae’s investors to finance the land acquisition and cover costs not included in the bank financing, which will fund the construction and part of the technical costs.
How Is the Investment Structured?
The operation is structured through a capital increase in the SPV Bayaz Properties 7 S.L., which will then invest in the development company La Mola Habitat S.L. The total contribution from Urbanitae investors will amount to €2,210,000, of which €10,000 will be allocated to cover SPV management costs.
The developer will contribute 20% of the total project equity, which amounts to €2,750,000. Construction is scheduled to begin in the third quarter of 2025, and the delivery of the homes is estimated for the third quarter of 2027. We’ve agreed with the developer on a preferred IRR of 13% for Urbanitae investors.
Key Reasons to Invest
Here are the project’s main strengths:
✅ Very advanced sales status: 88% of the homes already reserved.
✅ High-potential location: El Molar, north of Madrid, with strong road access.
✅ Building permit granted and bank financing secured.
✅ 13% preferred IRR for Urbanitae investors
✅ Experienced developer with skin in the game, aligning interests with investors.
✅ New-build homes in an area with limited housing supply.
What Return Can I Expect?
In compliance with regulations, Urbanitae cannot publish specific return projections for equity projects. However, you can get an idea of the expected performance by reviewing the favorable scenario in the project’s investment sheet, where projected revenues, costs, and total capital contributions are compared.
You can also consult the valuation report from Básico Real Estate, an independent advisory firm that confirms the developer’s sales price expectations.
When Will I Get My Investment Back?
The estimated duration of the project is 26 to 28 months:
- Q3 2025: Capital increase, land acquisition, and start of construction.
- Q3 2027: Completion of construction and delivery of homes.
- Q4 2027: Distribution of profits to investors.
As with all real estate development projects, these timelines are subject to change depending on market conditions or construction progress.
Want to Learn More?
Don’t miss the project webinar on Thursday, July 17 at 1:00 p.m. (UTC+2). We’ll answer all your questions alongside the developer. You can also reach us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.
Residencial La Mola is a great opportunity to invest in a new-build residential project in Madrid with high demand, a building permit already granted, and a high level of pre-sales that significantly reduces commercial risk. See you this Friday, July 18 at 12:00 p.m.!
