Urbanitae opens a new investment opportunity: the Géminis project, a debt operation in the Barajas district (Madrid). Funding will open on Wednesday, September 17 at 4:00 p.m. (UTC+2), with a maximum ticket of €5,000 per investor.
That same day, at 10:00 a.m. (UTC+2), we will hold a webinar with the manager to learn all the details first-hand.
A residential project in Barajas
The Géminis project aims to acquire a plot in Barajas and carry out the initial technical works. On this site, a development of 44 multifamily homes will be built, with the same number of parking spaces and storage rooms. The complex will comprise a ground floor plus three upper floors and two basement levels, for a buildable area of 3,415 sqm.
The area stands out for its excellent connectivity: less than 300 meters away is Barajas metro station (Line 8), which connects in minutes to central Madrid and Adolfo Suárez Madrid–Barajas Airport. The district also offers full urban services, large green areas, and a well-established range of retail and leisure options. This mix makes Barajas a highly attractive area for new-build housing, where current supply is very limited.
Experienced manager
The manager of the operation is Behike Capital, a company specializing in new-build residential projects with over 25 years of experience and more than 1,500 homes delivered in Madrid and other Spanish cities. It is currently developing several projects and has previously worked with Urbanitae on operations such as the América project in Móstoles.
Investment terms
The Géminis project is a debt transaction:
- Structure: loan in 2 tranches to finance part of the land purchase, the associated VAT, and technical fees.
- Tranche A: €2,110,000 | 18 months (plus 6-month optional extension) | 10% simple annual interest.
- Total loan amount: up to €4,585,000 (Tranche A + Tranche B).
- Minimum interest: equivalent to 6 months.
- Loan guarantees:
- First-rank mortgage on the underlying asset.
- Pledge of the VAT account, whose refund will be used to amortize part of Tranche A.
- Expected repayment: upon the granting of the development loan once the building permit has been obtained and the presales threshold required by the bank has been met.
In this video we explain the project fundamentals.
Why invest in Géminis?
Here are the project’s main strengths:
- Fixed return of 10% per year with a minimum return of 6 months.
- Project backed by an asset with a first-rank mortgage and a pledged VAT account.
- Strategic location with strong demand and scarce new-build supply.
- Developer with a solid track record in the sector.
Projected timeline
The estimated duration of the Géminis project is 18 months, with a possible 6-month extension at month 18:
- Q4 2025–Q1 2026: Building permit application.
- March 2026: Tranche B to meet the deferred payment and complete the asset acquisition.
- H2 2026: Permit obtained and off-plan commercialization.
- Loan repayment: With the granting of the development loan (once permit and presales milestones are achieved).
If you have any questions, you can attend the webinar on September 17 at 10:00 a.m. (UTC+2), write to contacto@urbanitae.com, or call (+34) 911 23 25 22. And if you’re ready, don’t miss the chance to invest in the Géminis project and earn a 10% annual return.
