Urbanitae Blog | The best real estate investment news

Category: Projects

All the news about Urbanitae’s projects on the Urbanitae blog.

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

    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.

    Why invest in Port Marseillan

    These are some of the project’s main strengths:

    • Prime location on the southern coast of France
    • Differentiated branded residences product within a high-end complex
    • Valid permit and already significant commercial progress
    • High exit visibility thanks to the VEFA system and irrevocable notarised payment orders
    • Fixed 12% annual return
    • Transaction with relevant additional security package

    Estimated timeline

    The estimated term of the project is 24 months.

    Main expected milestones:

    • April 2026: loan granted and partial refinancing of existing debt
    • Second quarter of 2026: continuation of construction and commercialisation
    • First quarter of 2028: completion of construction works and delivery of the homes
    • April 2028: repayment of the Urbanitae loan

    If you would like to learn all the details of the project, you can take part in the webinar on Wednesday, April 8 at 12:00 p.m. (UTC+2).

    And remember: Port Marseillan opens for investment on Friday, April 10 at 12:00 p.m. (UTC+2).

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

    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.

    Why invest in Jacaranda III

    These are some of the project’s main strengths:

    • Advanced project, with more than 46% of construction already completed
    • Prime location in Marbella, with strong international demand
    • First-ranking mortgage security
    • 9.75% annual return
    • Continuation of an operation already familiar to Urbanitae investors

    If you would like to revisit all the details of the original project, you can watch the project webinar, where we explain the transaction in depth together with the manager.

    And remember: Jacaranda III opens for investment on Monday, March 30 at 4:00 p.m. (UTC+1).

    If you have any questions, you can email us at contacto@urbanitae.com or call us on (+34) 911 23 25 22.

  • New project! Invest at 10% annual interest in tourist apartments in Porto

    New project! Invest at 10% annual interest in tourist apartments in Porto

    Next Friday at 12:00 p.m. (UTC+1), we will open for investment Torrinha Gardens, a new real estate debt investment opportunity in Porto.

    📅 Investment opens: Friday at 12:00 p.m. (UTC+1)
    🎙 Project webinar: Wednesday at 1:00 p.m. (UTC+1)

    The management team will take part in the webinar to explain all the details of the project and answer investors’ questions.

    A tourism project in central Porto

    The project consists of granting a loan to partially finance the construction costs and general expenses of a development comprising:

    The development is located on Rua da Torrinha, in a central and established area of Porto, very close to emblematic areas such as Cedofeita and Jardim da Cordoaria.

    The project has a total built area of 3,197 sqm, with one- and two-bedroom units averaging approximately 85 sqm, all of them with a balcony and/or garden.

    Construction already under way

    One of the distinguishing features of Torrinha Gardens is that construction is already under way, having started in October 2025.

    To date, the project has been financed through:

    • The sponsor’s own equity
    • Income from presales

    In addition, the project already has a first-ranking bank loan in place, which will be drawn once 50% presales have been reached (14 units).

    This will be precisely the event that enables the exit for Urbanitae investors, as the bank financing will be used to repay the loan.

    One of Portugal’s most dynamic markets

    Porto is the country’s second most important city and one of its main economic, cultural and tourist centres.

    The asset is located in a prime area within the municipality:

    • A few minutes from Porto’s Baixa
    • Close to areas such as Cedofeita
    • Excellent access to transport, services and universities

    This is a consolidated urban environment with strong appeal both for residents and for the tourist market, which reinforces the project’s positioning.

    Operation and asset management

    The sponsor plans to develop the apartments with an approach focused on maximising profitability.

    The asset will be operated by LovelyStay, one of Portugal’s leading companies in the management of short-, medium- and long-stay rentals.

    The aim is to optimise the asset’s operation and its positioning in the market, also supported by a market study carried out by Savills validating the proposed sales prices.

    Transaction structure

    The investment is structured as a fixed-rate loan with a total amount of €2,000,000, divided into two tranches. The first one, Tranche A, is the subject of the Torrinha Gardens project:

    • Amount: up to €1,000,000
    • Interest rate: 10.0% simple annual interest
    • Term: 12 months
    • Possible extension: 6 additional months
    • Minimum interest: equivalent to 8 months

    Interest and principal will be paid at maturity.

    The project’s total loan amounts to up to €2,000,000, structured in two tranches.

    Loan security package

    The project has a security structure that includes:

    • Second-ranking mortgage over the asset
    • Commitment that bank debt will not be drawn until Urbanitae has been repaid
    • Pledge over the shares of the project company
    • Irrevocable power of sale over the asset

    This structure ensures that bank financing will not coexist with the Urbanitae loan on the asset.

    Exit strategy in 12 months

    The project exit is expected to take place through the drawdown of the bank loan already in place, once the required level of presales (50%) has been reached.

    At that point, the bank financing will be used to fully repay Urbanitae investors.

    The estimated term of the project is 12 months, with a possible 6-month extension.

    • March 2026: loan disbursement and continuation of construction
    • 2026–2027: progress in commercialisation
    • First quarter of 2027: bank drawdown and repayment to investors

    In this video, we explain the details of the project.

    Why invest in Torrinha Gardens

    These are some of the project’s main strengths:

    • Project already under construction, advanced and partially financed
    • Central location in Porto, with strong residential and tourist demand
    • Bank loan already in place, subject to presales
    • Fixed 10% annual return, with a guaranteed minimum of 8 months
    • Specialised operator in tourist rental management

    If you would like to learn all the details of the project, you can join the webinar on Wednesday at 1:00 p.m. (UTC+1).

    And remember: Torrinha Gardens opens for investment on Friday at 12:00 p.m. (UTC+1).

    If you have any questions, you can email us at contacto@urbanitae.com or call us on (+34) 911 23 25 22.

  • New project! Storage unit investment with a 12% return

    New project! Storage unit investment with a 12% return

    Next Tuesday, March 24 at 4:00 p.m. (UTC+1), we will open for investment Villafontana, a real estate debt investment opportunity to finance the development of 132 storage units and 3 lofts in Madrid (Móstoles) and Albacete.

    • ⚠️ Maximum investment per investor: €1,000

    There will be no webinar on this occasion, as this is a type of project that is already well known on the platform and is being developed together with a sponsor Urbanitae has worked with on numerous occasions.

    Two projects in one: Móstoles and Albacete

    The transaction consists of granting a loan to finance the acquisition of two commercial premises and their transformation into two separate developments:

    Móstoles project (Madrid)

    76 storage units
    3 lofts
    Location: 19 Camino de Leganés Street

    The project has a declaration of responsibility, which allows construction works to begin after acquisition of the premises.

    Albacete project

    56 storage units
    Location: 500 metres from Abelardo Sánchez Park

    In this case, the project has received a favourable urban planning viability report issued by the City Council.

    The units will be marketed once construction has progressed, although the sponsor already has prior experience and identified demand in similar projects.

    A recurring sponsor on Urbanitae

    The sponsor of the Villafontana project is a company linked to Grupanxon, a business holding with more than 20 years of experience and its own construction company.

    This is a regular sponsor on Urbanitae, with whom multiple transactions have already been financed, including Madrid Sur, Puerta del Ángel and Palos de la Frontera.

    Moreover, a large share of these projects has already been successfully repaid to investors, in many cases improving on the initially expected return.

    Since 2017, the group has developed a specific business line focused on storage units, garages and small residential units, a segment with strong demand in urban environments.

    12% annual return over 12 months

    The investment is structured as a fixed-rate loan granted to a special purpose vehicle created for the project.

    The main features are:

    • Loan amount: €590,000
    • Interest rate: 12% per year
    • Term: 18 months
    • Interest payment: at maturity

    The loan may be repaid early at any time, with a minimum return equivalent to 15 months of interest.

    The Villafontana project has a guarantee structure that includes:

    • First-ranking mortgage undertaking over the assets where the storage units and lofts will be developed
    • Pledge over the shares of the development company
    • Sales mandate over the resulting assets

    Strategy and exit

    The project strategy consists of:

    • Acquiring the commercial premises
    • Developing the storage units and lofts
    • Marketing the units

    The loan will be repaid through the sale of the units, without the need to sell all of the storage units in order to repay investors.

    Repayment in 18 months

    The estimated duration of the project is 18 months.

    • Second quarter of 2026: granting of the loan, acquisition of the premises and start of the project
    • Fourth quarter of 2027: completion of the works and repayment of the loan

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

    Why invest in Villafontana

    These are some of the project’s main strengths:

    • Highly experienced sponsor with a proven track record on Urbanitae
    • High-demand segment: storage units and small units in urban environments
    • Fast start to construction works thanks to the declaration of responsibility in Móstoles
    • Fixed 12% annual return
    • Guarantee structure including a mortgage undertaking over the assets

    Remember: Villafontana opens for investment on Tuesday, March 24 at 4:00 p.m. (UTC+1).

    If you have any questions, you can email us at contacto@urbanitae.com or call us on (+34) 911 23 25 22.

  • New project! Diversify into office space in central Madrid

    New project! Diversify into office space in central Madrid

    Next Friday, March 20 at 12:00 p.m. (UTC+1), we will open for investment Oficinas Mazarredo, a real estate investment opportunity based on the acquisition and repositioning of an office building in central Madrid.

    • 📅 Investment opens: Friday, March 20 at 12:00 p.m. (UTC+1)
    • 🎙 Project webinar: Wednesday, March 18 at 5:00 p.m. (UTC+1)

    Representatives from the asset manager and the Urbanitae team will take part in the webinar to explain all the details of the project and answer investors’ questions.

    An office building in Arganzuela

    The Oficinas Mazarredo project involves the acquisition of the company that owns an office building located at 7 Mazarredo Street, in the Arganzuela district, within the M-30 ring road.

    It is located next to Google’s former campus and benefits from excellent public transport connections:

    Puerta del Ángel metro station (Line 6)
    Ópera metro station (Lines 2, 5 and branch line)
    Príncipe Pío metro station (Lines 6, 10 and branch line)

    There are also numerous bus lines less than a five-minute walk away.

    The property is a standalone office building with approximately 3,967 sqm of built area, distributed across a basement, ground floor and three upper floors. The building was constructed in 1930 and fully refurbished in 2017, and has held an office/commercial use licence since 2000.

    The asset is currently leased and generating income, although at rental levels below current market rates.

    The project manager

    The manager of this transaction is FREO Group, an international asset manager specialising in real estate investment, development and asset management.

    Founded in 1996 and active in Spain since 2015, the firm has extensive experience in value creation strategies through active asset management, including:

    • renegotiation of lease agreements
    • asset repositioning
    • occupancy improvement
    • execution of capex plans

    Its model is based on identifying assets with upside potential and optimising them through active management throughout their life cycle.

    Value creation strategy

    The strategy behind Oficinas Mazarredo is to reposition the asset in order to maximise its market value.

    The building is currently occupied by an international coworking operator, present in more than 450 locations worldwide and with a strong footprint in Spain.

    The current lease expires in June 2027, at which point the manager expects to:

    • Renegotiate the lease with the current tenant at market levels, or
    • Sign a new lease agreement with a new tenant

    During this process, maintenance works and upgrades will be carried out, including obtaining an ESG certification, in order to strengthen the asset’s positioning in the office market.

    Once the building has been stabilised at market rents, the goal will be to sell the asset to an institutional investor.

    Investment structure

    The transaction will be structured through a capital increase in the project company.

    Urbanitae investors and co-investors will contribute equity alongside the manager to finance the transaction.

    The main features are:

    • Total investment capital: approximately €8.2 million
    • Urbanitae allocation: €3 million (expandable by an additional €2 million)
    • Manager contribution: 10% of total capital

    The manager also expects to arrange bank financing for the acquisition of the asset, for which indicative terms have already been received from a financial institution.

    In this video, we explain the key points of the transaction.

    Why invest in Mazarredo

    These are some of the project’s main strengths:

    • Prime location in Madrid, within the M-30 ring road
    • Competitive acquisition price, below current market benchmarks in the area
    • Potential for rental growth, with current rents below market
    • Scarcity of comparable assets in terms of size, type and location
    • Institutional manager with extensive experience in value-add strategies

    Target return in 2028

    The estimated duration of the Oficinas Mazarredo project is 22 to 26 months.

    The main expected milestones are:

    • April 2026: closing of the transaction and acquisition of the company owning the asset
    • January 2027: start of lease renegotiation
    • June 2027: expiry of the current lease
    • Second half of 2027: signing of a new lease and marketing of the asset
    • Second quarter of 2028: sale of the building and liquidation of the project

    If you would like to learn all the details of the project, you can join the webinar on Wednesday, March 18 at 5:00 p.m. (UTC+1).

    And remember: Oficinas Mazarredo opens for investment on Friday, March 20 at 12:00 p.m. (UTC+1).

    If you have any questions, you can email us at contacto@urbanitae.com or call us on (+34) 911 23 25 22.

    Si quieres, te la puedo adaptar también a un inglés un poco más comercial o más institucional, según cómo queráis enfocar la pieza en el blog.

  • New project! Invest in luxury residential property in Mallorca

    New project! Invest in luxury residential property in Mallorca

    For years, residential luxury real estate in Mallorca has attracted both domestic and international investors. Now, project Puntiró offers a new real estate debt opportunity to finance part of the construction of a luxury villa in Palma de Mallorca.

    • Investment opens: Tuesday, March 17 at 4:00 p.m. (UTC+1)
    • Project webinar: Monday, March 16 at 13:00 p.m. (UTC+1)

    In this webinar, we will explain the project together with the asset manager and answer investors’ questions. Investment in this project will be limited to €5,000 per investor.

    A luxury villa in the Puntiró residential area

    The project consists of partially financing the construction of a high-end detached home located in the Puntiró residential area, one of the most exclusive parts of Palma. The villa, with 687 sqm built, sits on a 7,655 sqm plot and will feature 5 bedrooms, 6 bathrooms, a swimming pool, large outdoor areas, and a functional basement space with potential uses such as a gym, spa, wine cellar, or garage for up to 8 vehicles.

    The property will enjoy open views over the Bay of Palma and will be developed across three levels on a large plot.

    Project Puntiró also has a valid building permit in place on fully developable urban land acquired by the developer in September 2025 with its own funds.

    Puntiró is a high-end residential development in the municipality of Palma, known for its large plots and low building density, a natural setting with open views, and a high level of privacy. The area also enjoys good connections to Palma city centre and the airport, both located less than 15 minutes away by car.

    Palma de Mallorca is one of the Mediterranean’s most established destinations for both domestic and international buyers, with especially strong demand in the high-end residential segment.

    A manager with 15 years of experience

    The project is managed by Vanguardia 360º, a company specializing in real estate development and consultancy in Mallorca. The firm operates under a full-cycle development management model, from asset identification to project design and construction execution.

    The team has completed more than 15 projects over the past 15 years, with specific experience in the luxury villa segment on the island. In the last five years, they have completed two similar villa developments, aimed mainly at international buyers.

    21% return over 24 months

    The investment is structured as a fixed-rate mortgage loan. The total loan amounts to up to €2,040,000 and is divided into two tranches.

    The characteristics of tranche A, which is now open for investment, are:

    • Amount: up to €990,000
    • Interest rate: 10.5% simple annual interest
    • Term: 24 months
    • Possible extension: two 6-month extensions

    Interest and principal will be paid at maturity.

    The portion of the loan allocated to construction financing will be drawn down through monthly construction certifications, supervised by an independent project monitor.

    Early repayment will be allowed at any time, with a minimum return equivalent to 11 months of interest.

    Loan guarantees

    The loan includes several guarantees to strengthen the security of the transaction:

    • First-ranking mortgage on the financed asset.
    • Additional first-ranking mortgage on another asset contributed by the manager as collateral.
    • Pledge over the shares of the borrowing company.
    • Pledge over the project’s bank accounts.
    • Sales mandate over the asset in favor of investors in the event of default.

    Exit strategy

    The exit for investors is expected through the sale of the villa once construction is completed. The commercialization of the asset will be handled by the international agencies Engel & Völkers and Living Blue, both highly experienced in the international buyer segment in Mallorca.

    As is common in this type of project, the sales process will begin once construction has reached an advanced stage.

    The estimated timeline for the project is 24 months, with the option of two 6-month extensions.

    • March 2026: loan granted and construction begins.
    • First quarter of 2028: construction completed.
    • Second–third quarter of 2028: sale of the property and repayment of the loan.

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

    Why invest in Puntiró

    These are some of the project’s main strengths:

    • Luxury villa in Mallorca, one of the most sought-after residential markets in the Mediterranean.
    • Valid building permit in place on fully developable urban land.
    • Experienced developer in the luxury villa segment on the island.
    • First-ranking mortgage collateral over the asset and over an additional guarantee.
    • Fixed annual return of 10.5% for investors.

    If you want to learn all the details of the project, you can join the webinar on Monday, March 16 at 13:00 p.m. (UTC+2).

    And remember: Puntiró opens for investment on Tuesday, March 17 at 4:00 p.m. (UTC+2).

    If you have any questions, you can email us at contacto@urbanitae.com or call us at (+34) 911 23 25 22.

  • New project! Invest in Barajas with a 9.875% annual return

    New project! Invest in Barajas with a 9.875% annual return

    Next Monday, March 16 at 4:00 p.m. (UTC+2), we will open Géminis II for investment, the second financing tranche of a residential project located in the Barajas district of Madrid.

    This project continues the Géminis transaction, financed in September 2025 on Urbanitae. If you want to learn all the details of the project — location, developer, and overall development approach — you can watch the Géminis project webinar, where we explain the transaction together with the project manager.

    A 44-home residential development in Barajas

    The Géminis II project involves the development of a residential scheme of 44 homes with parking spaces and storage rooms.

    The building will be distributed across ground floor plus three above-ground floors and two basement levels, with a total gross buildable area of approximately 3,415 sqm.

    The homes will offer 1, 2, and 3 bedrooms, in an area with limited supply of new-build housing and solid residential demand.

    The asset is located less than 300 meters from the metro, providing direct access to central Madrid and Adolfo Suárez Madrid-Barajas Airport.

    Just 20 minutes from central Madrid

    The project is located in the Barajas district, in the northeast of Madrid.

    With a population of close to 50,000 inhabitants, the district combines established residential neighborhoods with large green areas and a strong public transport network.

    Its immediate proximity to Adolfo Suárez Madrid-Barajas Airport and major road infrastructure makes it a strategic area within the city’s urban and economic structure.

    In addition, the district is around 12 kilometers from Madrid city center, allowing access to the center in approximately 20 minutes by car or less than 30 minutes by public transport.

    A technical particularity that has already been resolved

    The plot has one distinctive feature: Madrid Metro Line 8 runs underneath the site.

    The project has been designed taking this circumstance into account and has been developed with the support of specialized engineering and architecture teams, as well as in coordination with the City Council and Metro de Madrid.

    Among the factors that mitigate this issue are the following:

    • The metro line is located 12 meters below ground level.
    • It will remain 6 meters below the building’s -2 basement floor.
    • The soil conditions are favorable from a geotechnical point of view.

    • Line 8 is one of the most modern lines in the network, and its route beneath Barajas was designed with future surface urban developments in mind.

    A developer with more than 25 years of experience

    The project manager behind the transaction is Behike Capital, a developer specialized in new-build multifamily housing.

    With more than 25 years of experience, the team has developed and delivered more than 1,500 homes.

    It currently has six projects under development totaling more than 250 homes in cities such as Madrid, Mallorca, Bilbao, and Granada.

    9.875% return over 12 months

    The project’s total financing is structured as a mortgage-backed loan divided into two tranches.

    • Total loan amount: up to €3,435,000
    • Tranche A: €2,110,000 (formalized in September 2025)
    • Tranche B: €1,325,000 (the subject of this new investment opportunity)

    Tranche B has the following terms:

    • Interest rate: 9.875% simple annual interest
    • Term: 12 months
    • Possible extension: 6 additional months
    • Minimum interest: equivalent to 6 months
    • Interest and principal will be repaid at maturity.

    The loan is secured by a first-rank mortgage over the project’s underlying asset.

    What Tranche B will be used for

    The land acquisition was structured in two payments equivalent to 50% of the purchase price each.

    • The first payment was made in September 2025, partially financed through Tranche A.

    • Tranche B will finance approximately 53% of the deferred payment for the land acquisition, as well as part of the associated acquisition costs.

    The developer has already invested approximately €2.5 million of equity into the project.

    Exit strategy

    The repayment of the loan is expected to come through bank refinancing.

    Once the building permit has been obtained and the pre-sales level required by the financing bank has been reached, the developer loan will be granted, allowing Urbanitae’s loan to be refinanced.

    The building permit was applied for in December 2025 through an ECU (Urban Planning Collaborating Entity), and it is expected to be obtained between Q2 and Q3 2026.

    Why invest in Géminis II

    These are some of the project’s main strengths:

    • Residential development in Madrid, in an area with limited new-build supply.
    • Highly experienced developer with a strong track record in the Spanish residential market.
    • First-rank mortgage over the underlying asset.
    • Approximate LTV of 49.3%, with an appraisal value close to twice the loan amount.
    • Fixed annual return of 9.875%.

    Remember that Géminis II opens for investment on Monday, March 16 at 4:00 p.m. (UTC+2).

    If you have any questions, you can email us at contacto@urbanitae.com or call us on (+34) 911 23 25 22.

  • New project! Participating loan with a fixed annual return of 10%

    New project! Participating loan with a fixed annual return of 10%

    Next Friday, March 13 at 12:00 p.m. (UTC+1), a new investment opportunity will open in the senior living sector in Torres de la Alameda.

    This is a transaction structured through a participating loan to finance part of the acquisition of an operational nursing home, with the aim of stabilising the asset with a new professional operator and later selling it to an institutional investor.

    • Investment opening: Friday, March 13 at 12:00 p.m. (UTC+1)
    • Project webinar: Thursday, March 12 at 16:00 p.m. (UTC+1)

    In this webinar, we will be joined by Ofer Lior, partner at NP Advisors, who will explain the details of the project and answer investors’ questions.

    An operational nursing home with 146 beds

    The project consists of partially financing the purchase of an operational nursing home that has been active for more than 25 years, located on Miguel de Unamuno street, in Torres de la Alameda (Madrid).

    The asset includes:

    • 135 rooms (124 single and 11 double)
    • 146 total beds
    • 50 day-care places
    • A 4,894 sqm plot
    • A building with 3,827 sqm of built area

    Following the acquisition, the manager will bring in a new professional nursing home operator, one of the ten leading operators in Spain by number of managed beds.

    This operator will run the asset under a 25-year triple net lease, with 15 years of mandatory compliance, which will allow the investment to stabilise before its sale to an institutional investor.

    Location: Corredor de Henares

    The nursing home is located in the urban centre of Torres de la Alameda, a municipality within the metropolitan area of the Corredor de Henares, one of the most dynamic economic areas in the Community of Madrid.

    The asset enjoys a convenient location for day-to-day life, with essential services just a few minutes away — supermarkets, healthcare centre and municipal facilities — and good road connections via the M-225 and M-220.

    The nursing home’s catchment area (municipalities located within a 15-minute drive) currently brings together more than 97,000 inhabitants, of whom more than 13,000 are over the age of 65. This senior population is expected to grow by around 43% over the next 13 years, reinforcing the potential demand for nursing home places.

    The project manager

    The transaction is managed by NP Advisors, a real estate investment firm whose founding partners created, in 2018, a SOCIMI focused on income-generating assets in Spain.

    The team has more than 50 years of combined experience in the sector and currently manages 15 real estate assets valued at over €80 million, including hotels, serviced apartments and nursing homes.

    Its recent transactions include several senior living deals, providing specific expertise in this type of asset.

    How the participating loan works

    Urbanitae investors will participate by granting a participating loan to RG Torres de Alameda, S.L.

    This type of financing combines a fixed interest rate with a variable return linked to the outcome of the project.

    Main features:

    • Loan amount: up to €2,200,000
    • Fixed annual interest rate: 10%
    • Variable participation: between 60% and 65% of the manager’s profits derived from rental income and the sale of the asset
    • Term: 24 months
    • Possible extension: 6 additional months

    Interest and principal will be paid at the maturity of the loan.

    Loan guarantees

    The transaction includes several structural guarantees:

    • Promise of a second-ranking mortgage over the asset
    • Pledge over the shares of the company owning the asset (convertible into equity)
    • Asset sale mandate in the event of default
    • Veto or approval rights for Urbanitae over the sale of the asset above a certain return threshold (net yield of 6.75%)

    Value creation and exit strategy

    The project strategy consists of three main phases:

    • Acquisition of the asset through combined financing (manager equity, bank financing and participating loans)
    • Entry of a new operator under a long-term lease contract to stabilise the asset
    • Sale of the asset to an institutional investor or private buyer specialised in this type of property

    The planned exit for investors will take place through the sale of the asset once stabilised.

    Estimated timeline

    The estimated duration of the project is 24 months, with a possible 6-month extension.

    • March 2026: loan granting, asset acquisition and lease formalisation
    • Q2 2026: start of the asset marketing process
    • Q2 2027: sale of the asset and repayment of investors’ loan, together with fixed and variable interest

    Why invest in Residencia Alameda

    These are some of the project’s key strengths:

    • Operational asset in the Community of Madrid, in a sector with structurally growing demand
    • New professional operator under a long-term lease agreement
    • Fixed annual return of 10% plus participation in the project’s profits
    • Experienced manager with a strong track record in investment and management of income-generating real estate assets
    • Clear value creation strategy through asset stabilisation and sale to an institutional investor

    If you would like to know all the details of the project, you can join the webinar on Thursday, March 12 at 16:00 p.m. (UTC+1).

    And remember: Residencia Alameda opens for investment on Friday, March 13 at 12:00 p.m. (UTC+1).

  • New Project! 11% Annual Debt to Finance Residential Land in Vigo

    New Project! 11% Annual Debt to Finance Residential Land in Vigo

    Next Monday the 9th at 16:00 (UTC+1), we are opening a new real estate debt project for investment in the Bouzas neighborhood of Vigo.

    This financing is intended for the acquisition of land for the development of a residential scheme and a coliving project in one of the city’s most attractive areas.

    • Investment opening: Monday the 9th at 16:00 (UTC+1)
    • Project webinar: Monday the 9th at 12:00 (UTC+1)

    In this webinar, we will explain the transaction in detail together with the developer and answer all investors’ questions.

    12-Month Loan

    The project consists of granting a loan aimed at partially financing the acquisition of two urban plots in the Bouzas neighborhood.

    The planned development on these plots includes:

    • 13 multi-family homes with 1 and 2 bedrooms
    • Associated garages and storage units
    • A coliving building to be developed in a second phase

    The plots are part of an urban planning action located in Block No. 6 of the Special Protection and Interior Reform Plan (PEPRI) of Bouzas’s historic center.

    The urban planning area includes the construction of five buildings that will collectively house 27 homes and one tertiary-use building, as well as public open spaces that will function as a square and pedestrian area.

    Urbanization works have already been completed and formally accepted by the city council, so the entire area qualifies as fully serviced urban land.

    One of Vigo’s Most Distinctive Neighborhoods

    Bouzas is a coastal neighborhood located west of Vigo, traditionally linked to maritime activity and with a historic center that has undergone a gradual rehabilitation process.

    The area combines seafaring tradition with growing residential appeal, thanks to its proximity to the city center and its urban quality.

    Vigo is Galicia’s main economic engine and accounts for more than 25% of the region’s business turnover. With more than 290,000 inhabitants, its residential market maintains solid demand driven by both local professionals and young families.

    In recent years, residential prices in the city have shown positive momentum, with annual increases of between 8% and 13%.

    Manager with More Than 20 Years of Experience

    The project is managed by Ledicia Real Estate, a Galician real estate group founded by professionals with more than 20 years of experience in the real estate and financial sectors.

    The company operates across different areas of the real estate business—management, investment, development, commercialization, and asset operation—and has specialized in full building refurbishments, change-of-use projects, and land development in Galicia, especially in the city of Vigo.

    The Bouzas project will be the third project financed on Urbanitae with this manager, following previous transactions in Galicia.

    11% Return in 12 Months

    The investment is structured through a fixed-rate loan with the following features:

    • Loan amount: €955,000
    • Interest rate: 11% simple annual interest
    • Estimated total return: 11%
    • Term: 12 months
    • Possible extension: 6 additional months

    Interest and principal will be paid at loan maturity, accruing from the moment the contract is formalized.

    Early repayment will be allowed at any time, with a minimum return equivalent to 6 months of interest (5.5% interest).

    The loan includes a set of guarantees designed to strengthen the security of the transaction:

    • First-ranking mortgage over the residential land (“Sólido 1”).
    • Pledge over the shares of the borrowing company.
    • Pledge over the bank accounts of the project SPV.
    • Pledge over the VAT account, with a cash sweep mechanism.
    • Pledge over credit rights derived from dividends from other group developments until full debt repayment is covered.

    Exit Strategy

    The planned exit strategy for investors is bank refinancing.

    Once the building permit is obtained and the level of presales required by the bank is reached, a financial institution will grant the developer loan that will allow the refinancing of the debt contributed by Urbanitae investors.

    Return in 12 Months

    The estimated term of this transaction is 12 months, with a possible 6-month extension.

    • March 2026. Loan grant and acquisition of the plots.
    • Second quarter of 2026. License applications and start of commercialization.
    • First quarter of 2027. Building permit obtained and minimum presales level required by the bank reached.
    • First quarter of 2027. Developer loan granted and repayment to investors.

    Why Invest in Bouzas

    These are some of the project’s main strengths:

    • Prime location in the Bouzas neighborhood, Vigo, with solid residential demand and limited supply of new-build homes.
    • Experienced local developer, specialized in real estate projects in Galicia and with deep market knowledge.
    • Project with commercial potential, supported by existing housing demand in the city.
    • First-ranking mortgage guarantee over the residential land.
    • Fixed annual return of 11% for investors.

    If you want to know all the details of the project, you can join the webinar on Monday the 9th at 12:00 (UTC+1).

    And remember: the Bouzas project opens for investment on Monday the 9th at 16:00 (UTC+1).

    If you have any questions, you can write to us at contacto@urbanitae.com or call us at (+34) 911 23 25 22.

  • New Project! Invest in Gijón with a 13.5% Preferred IRR

    New Project! Invest in Gijón with a 13.5% Preferred IRR

    On Friday, 27 February 2026 at 12:00 (UTC+2), we’re opening a new capital appreciation project to investment in the Contrueces neighborhood of Gijón. It’s a large-scale development — 132 homes with parking and storage units — in one of the most economically dynamic cities in northern Spain.

    • Opening to investment: Friday, 27 February at 12:00 (UTC+2)
    • Webinar with the developer: Wednesday, 25 February at 17:00 (UTC+1)

    In the webinar, you’ll be able to explore the operation in detail and ask your questions directly to the management team.

    A 132-home residential development

    The Residencial Contrueces Project consists of an equity contribution for the development of a multi-family residential project made up of:

    • 112 free-market homes
    • 20 homes under Controlled-Price Housing (VPC)
    • Linked parking spaces and storage rooms
    • Shared amenities with green areas, a pool, and sports courts
    • 4 free-market buildings and 1 building under regional protected housing

    Location and connectivity

    The site is located in Contrueces, a mainly residential area on the outskirts of Gijón, with all services within a 5-minute walk — schools, a health center, supermarkets, and local shops — plus excellent transport links: 10 minutes by car to the city center, quick access to the motorway, and close to Gijón-Jovellanos station.

    Gijón is one of Asturias’ economic engines, with a residential market showing solid demand and a steady share of new-build housing of around 13% of transactions in recent years.

    Planning status and project progress

    Currently, the acquisition of the asset is linked to the final approval of the Detailed Study (Estudio de Detalle), expected by the end of February 2026.

    • The urbanization works are already completed.
    • The basic design is in its final phase to submit the building permit application, expected in June 2026.
    • Sales are expected to start in the first month after investors enter.

    On the financing side, the project has confirmed interest from Caja Rural de Asturias for development financing (approximately €19 million).

    Investment structure

    This is an equity deal, where Urbanitae investors become shareholders in the project. The capital structure is:

    • €2,475,000 (75%) – Urbanitae investors
    • €495,000 (15%) – Developer
    • €330,000 (10%) – Additional partners
    • Total equity: €3,300,000

    The developer’s co-investment ensures alignment of interests from day one.

    The project includes a 13.5% preferred IRR for Urbanitae investors, according to the distribution structure defined.

    Estimated timeline

    The estimated term is 40–44 months.

    • Q1 2026: approval of the Detailed Study, investor entry, and sales launch
    • Q1 2027: start of construction
    • Q1 2029: construction completion
    • Q2 2029: handover, final settlement, and profit distribution

    As with any residential development, timelines may shift depending on real execution.

    Why invest in Residencial Contrueces?

    This project brings together several attractive factors:

    • An experienced developer in northern Spain with successful prior collaborations
    • Advanced planning and permitting progress
    • Validated interest in bank financing
    • Competitive product mix, with a strong weight of 2-bedroom homes aligned to current demand
    • Large-scale development in an established urban environment

    Main risks

    Key risks identified include:

    • Developer risk (insolvency, poor execution)
    • Permit risk or administrative delays
    • Construction cost increases
    • Sales risk in pricing or absorption pace
    • Material changes before the capital increase is formalized

    As always, invest only capital you’re willing to put at risk and diversify your portfolio.

    If you want the full details and to dive deeper into the structure, we’ll see you at the webinar on 25 February at 17:00 (UTC+1).

    And remember: Residencial Contrueces opens to investment on Friday, 27 February at 12:00 (UTC+2).

  • Invest in Sabadell with an 11% IRR

    Invest in Sabadell with an 11% IRR

    Next Thursday the 26th at 16:00 (UTC+1) we’re opening a new debt project for investment in Sabadell (Barcelona). It’s financing for the development of a residential project of 18 homes in one of the main cities in the Barcelona metropolitan area.

    • Investment opens: Thursday the 26th at 16:00 (UTC+1)
    • Webinar with the developer: Wednesday the 25th at 10:00

    In this webinar you’ll be able to learn all the details of the project and ask your questions directly to the people responsible for it.

    A residential project in an established city

    The project consists of granting a mortgage-backed loan to partially finance construction costs and general expenses for a multi-family residential development at Miquel Àngel 20, Sabadell.

    The asset is an 844 m² urban plot where a building will be developed with:

    • 18 homes with 1, 2, and 3 bedrooms
    • 19 storage rooms
    • 20 parking spaces
    • 4 floors above ground and 1 basement level
    • Shared landscaped garden area on the ground floor

    The project already has a construction and demolition permit granted in July 2025, which makes it possible to start works once the purchase and financing are formalized.

    The land will be acquired through a swap deal (permuta) the developer will deliver 4 homes, 4 storage rooms, and 4 parking spaces to the seller in exchange for the land. The Urbanitae loan will have a first-ranking mortgage over the units not included in the swap.

    Sabadell, with more than 225,000 inhabitants, is one of Catalonia’s main urban hubs and has maintained steady population growth, driven in part by its proximity to Barcelona and strong connections to the metropolitan area. The development is located less than 2 km from the city center and about 40 minutes by car from Barcelona.

    22% return in 24 months

    The transaction is structured as fixed-rate debt. The total loan amount is up to €2,435,000, split into two tranches. In this opening, tranche A will be financed:

    • Tranche A amount: €1,105,000
    • Fixed annual simple interest rate: 11.0%
    • Term: 24 months
    • Possible extension: 6 additional months
    • Minimum guaranteed interest: equivalent to 18 months
    • Interest and principal payment: at maturity

    Full early repayment is allowed at any time, with a minimum of 18 months of interest.

    Loan guarantees

    The project includes a reinforced security package:

    • First-ranking mortgage over the underlying asset (excluding the swapped units), with mortgage liability equal to 150% of principal
    • First-ranking pledge over the borrower’s shares
    • Control pledge over bank accounts, including an escrow account where the developer will deposit additional equity funds from the start
    • 100% cash sweep of proceeds from the sale of the units not swapped

    The expected repayment event is the sale of approximately the first 8 homes, whose marketing will begin after construction starts.

    Estimated timeline

    • March 2026: loan granted, asset purchase, and demolition begins
    • 2027: construction completion
    • Q1 2028: home delivery and loan repayment

    The estimated term is 24 months, with a possible 6-month extension.

    Why invest in this project

    This project has several standout elements:

    • Asset located in an established city within the Barcelona metropolitan area
    • Construction and demolition permits already granted
    • Fixed return of 11.0% annual simple, with a minimum of 18 months guaranteed
    • First-ranking mortgage security and a reinforced guarantees structure
    • Developer experience in similar developments in Barcelona and the Balearic Islands

    Risks to consider

    Like any investment, this project carries risks, including:

    • Potential delays and cost overruns during construction
    • Sales risk in the commercialization of the homes
    • Risk linked to acquiring the land via a swap deal (permuta)
    • Possible changes in terms up until the loan is formalized

    To mitigate these, an independent technical due diligence has been carried out, along with a market analysis using comparable projects, and a significant equity contribution by the developer (more than €925,000) has been structured, strengthening alignment of interests.

    If you want to learn all the details and ask your questions directly to the developer, we’ll see you at the webinar on Wednesday the 25th at 10:00 h.

    And remember the project opens for investment on Thursday the 26th at 16:00 h (UTC+1).

    Invest with judgment. Invest with your feet on the ground.

  • Invest in Valencia with a 20% annual return

    Invest in Valencia with a 20% annual return

    We’re presenting a new debt project in Valencia that consists of granting a loan to finance the remaining construction costs of three tertiary assets with an aparthotel licence, which together total 39 tourist apartments across prime locations in the city.

    • Opening: Tuesday, 24 February at 16:00 (UTC+1)
    • Webinar: Tuesday, 24 February at 12:00 (UTC+1)

    The amount of Tranche A of the loan is €1,660,000, with an estimated term of 24 months (plus a possible 6-month extension) and a fixed annual interest rate of 10.25%, which implies a total return of 20.50%.

    Three prime locations in Valencia

    The project involves the development of three independent buildings intended for studio and one-bedroom tourist apartments, with an approximate total built area of 2,400 m².

    The assets are located in three of Valencia’s most established and in-demand areas:

    • Conde de Trénor (Ciutat Vella), opposite the Serranos Towers – refurbishment of a building for 10 apartments.
    • Joan Mercader (El Cabañal) – new-build building with 8 apartments and a swimming pool.
    • Buenos Aires (Ruzafa, El Ensanche) – new-build building with 21 apartments and a swimming pool.

    All three assets already have the building permit and change-of-use licence to tertiary hotel use (aparthotel) granted. They currently show construction progress between 6% and 25%, with the structure already completed in two of them.

    Valencia has become one of the most attractive urban destinations in the Mediterranean, with strong and diversified tourist demand throughout the year—leisure, cultural, gastronomic and business tourism—excellent national and international connectivity, and a growing professionalisation of the alternative accommodation market.

    In addition, the project includes a specific market study on rents and exit values, with the information available in the project documentation.

    10.25% annual loan

    This is a debt project in which Urbanitae investors will grant a fixed-rate mortgage-backed loan to the project’s special purpose vehicle (SPV).

    The loan will finance:

    • The remaining construction costs until completion of the works
    • The repayment of an existing mortgage charge on one of the assets
    • The partial recapitalisation of equity funds already invested

    The interest rate is 10.25% simple annual, with interest and principal paid at maturity, and a minimum return equivalent to 12 months of interest in the event of early repayment.

    The investor exit is planned via the sale of the assets once construction is completed to an operator or investor, or alternatively through bank refinancing if the manager chooses to hold the buildings and operate them as income-producing rental assets.

    Loan guarantees

    The loan includes a strengthened guarantees package:

    • First-ranking mortgage over the three assets
    • First-ranking pledge over the borrower’s shares and the owning companies’ shares
    • Control pledge over the bank accounts
    • 100% cash sweep of sale proceeds until full repayment
    • Passive sale mandate in favour of the lender

    In addition, as with all debt projects, an independent project monitor participates, supervising construction progress and approving certifications prior to each drawdown.

    In this video, we explain the project’s key points and structure.

    Why invest in La Seda?

    These are the project’s main strengths:

    • Prime locations in central Valencia, with strong tourist demand and limited comparable supply
    • Assets with licences already granted and works already underway (6%–25% progress)
    • First-ranking mortgage guarantee over the three buildings
    • 10.25% annual return with a minimum return equivalent to 12 months of interest
    • Local manager with experience and direct control over execution

    When will I get my invested money back?

    The estimated project term is 24 months, with a possible 6-month extension.

    Construction completion is expected between Q1 and Q4 of 2027, and repayment of the loan to investors is expected in Q1 of 2028, through sale or refinancing.

    If you have any questions, you can raise them during Tuesday’s webinar at 12:00 (UTC+1), email contacto@urbanitae.com, or call (+34) 911 23 25 22.

    Invest in Project La Seda with a total return of 20.50%.

  • Invest in Alicante with a 17% preferred IRR

    Invest in Alicante with a 17% preferred IRR

    UPDATE 23/02/2026: On 20 February, we launched the Essence project with a €2 million ticket, which was completed very successfully. Due to the interest shown by investors, the manager has authorized us to expand the transaction by an additional €1.5 million. This second phase of the project will open for investment on Thursday, 26 February at 12:00 (UTC+1). You can view the project webinar here.

    We’re launching a new investment opportunity on the Costa Blanca, the Essence project, in L’Alfàs del Pi, a residential development in one of the most attractive areas of the Marina Baixa.

    This is a capital gains-focused project with a €2,000,000 ticket, an estimated term of 32–36 months and a 17% preferred IRR for Urbanitae investors.

    The project includes the acquisition of two unencumbered urban plots, with a combined surface area of more than 13,000 m², to develop 123 homes across nine multi-family blocks.

    • Investment opening: Friday 20 February 2026 at 12:00 (UTC+1)
    • Info webinar: Wednesday 18 February 2026 at 12:00 (UTC+1)

    Building permit in force

    The development is mainly composed of 2-bedroom homes, with some 1- and 3-bedroom units. Most will feature a private garden or solarium, and some will offer the option of a private pool or jacuzzi.

    Communal areas will include a swimming pool, green spaces, and a children’s area, creating a product that aligns strongly with second-home demand in the region.

    The Essence project has a building permit, which was granted in November 2025, enabling construction to begin without pending urban-planning risk.

    On the commercial side, the project was also launched in November and already has 22 units reserved (18% of the total), with clearly international demand.

    Strong residential demand

    The asset is located in L’Alfàs del Pi, above the AP-7, 7 km from Benidorm, 50 km from Alicante, and 5 km from the beach and the Serra Gelada Natural Park.

    It is a municipality with a consolidated residential base and a strong international component: more than 50% of the population is foreign-born, mainly from the United Kingdom, Germany, Romania, Russia, Italy, and France.

    In addition, it shows a high per-capita income within Marina Baixa and an economy strongly supported by tourism and second-home residency.

    Preferred equity structure

    The transaction is structured as an equity project with a capital gains strategy. Urbanitae investors will contribute €2,000,000 via a capital increase.

    The developer will co-invest €875,000 of its own capital, ensuring alignment of interests. Construction financing will be executed through alternative financing, with proposals already received from two specialized institutions.

    A distribution structure is established with a 17% IRR preferred return for Urbanitae investors. Only once that threshold is reached:

    • The developer will recover its capital and an equivalent return.
    • If additional profits are generated, the excess will be split 50% to the developer and the remainder according to the investors’ equity percentage.

    This structure protects investor capital and prioritizes investor returns ahead of the developer.

    Why invest in this project

    Below are the key strengths of the Essence project:

    • Marina Baixa has limited supply of comparable new-build product, especially multi-family developments with communal areas and an international focus.
    • The building permit was granted in November 2025, removing one of the main technical risks in a development project.
    • With 18% of units already reserved, the project has demonstrated commercial traction at an early stage.
    • The developer co-invests meaningful equity, and the structure grants priority of repayment until the 17% preferred IRR is achieved.

    Expected return in 2029

    This project has an estimated term of 32–36 months:

    • Q1 2026: Capital increase and final administrative steps.
    • Q2 2026: Start of construction.
    • Q2 2028: Completion of construction.
    • Q1 2029: Handover and project liquidation.

    Have questions? If you’d like to explore the project in more detail, we invite you to join the Essence project webinar, where we’ll review the transaction and answer all questions live. You can also email contacto@urbanitae.com or call (+34) 911 23 25 22.

  • Lazaga Beach closes with an IRR of 6.58% and a total return of 27.16%

    Lazaga Beach closes with an IRR of 6.58% and a total return of 27.16%

    Following approval at the Extraordinary General Shareholders’ Meeting, we are proceeding with the final repayment for the Lazaga Beach project, in which our investors participated in January 2022.
    With this last payment, equivalent to 10% of the share capital, the investment is now fully settled.

    What was Lazaga Beach?

    Lazaga Beach was a residential value-add (capital gains) project to develop and promote a residential community in Estepona (Málaga), in the heart of the Costa del Sol.

    The investment was structured through participation in the share capital of the development company, with the aim of executing the development, completing construction, and generating capital gains through the sale of the homes.

    At launch, the estimated projections were as follows:

    • Estimated term: 26 months
    • Estimated return (CoC): 34.10%
    • Estimated IRR: 14.50%

    A development affected by delays and rising costs

    The project was impacted by significant delays in obtaining permits and by construction-related issues, which extended both execution and the final wind-down.

    This was compounded by a particularly challenging environment for developers between 2022 and 2024, with notable increases in:

    • Construction costs
    • Financing costs

    Although sales proceeds were slightly higher than initially projected, the rise in costs reduced the expected return versus the launch scenario.

    Final outcome for investors

    Despite this context, active management made it possible to close the project with a positive outcome for investors.

    Final figures were:

    • IRR: 6.58%
    • Total return: 27.16%
    • Term: 47 calendar months (approximately 45 weighted months)

    With this final repayment, together with the reimbursements made in October and January, the total returned amounts to 127.16% of the initial investment.

    The difference between initial estimates and the final result is mainly explained by the combination of a longer project duration and a significant increase in costs—factors that directly impacted both the IRR and the expected return.

    Lazaga Beach was delivered during an especially demanding cycle for the real estate sector. Closing with a positive return, despite delays and an inflationary backdrop, highlights the importance of active monitoring, prudent risk management, and diversification within an investment portfolio.

  • 12% Annual Returns in Málaga

    12% Annual Returns in Málaga

    At Urbanitae we’re launching a new debt opportunity in Málaga: Project Cortijo Merino—a chance to invest in an advanced residential development with a granted building permit, strong pre-sales, and bank financing already committed.

    • The project opens for funding on Monday, February 16 at 16:00 (UTC+1).
    • Project webinar: Friday, February 13 at 12:00 (UTC+1).

    165 Multi-Family Homes

    Project Cortijo Merino consists of a subordinated loan (junior loan) aimed at financing the remaining urbanization costs and part of the general development costs of a residential project of 165 multi-family homes with parking spaces and storage rooms in the Cortijo Merino sector of Málaga.

    This is Phase II of the Bulevar 360 Project, a development Urbanitae knows well. In Phase I (financed in 2024 alongside other co-investors), funding covered the acquisition and urbanization of the land until key milestones were reached: building permit granted, urbanization significantly advanced, and the senior bank developer loan entering the project.

    A Particularly Strong Current Position

    As of today, the project shows solid fundamentals:

    • Building permit granted
    • Urbanization completed by more than 90% (certified)
    • 54% of pre-sales formalized, with 89 homes already reserved
    • Senior developer loan approved by a top-tier banking institution

    The senior developer loan will be signed prior to Urbanitae investors granting the subordinated loan—strengthening the deal’s financial structure.

    A Strategic Area of Málaga

    The project will deliver 165 multi-family homes, ranging from 1 to 4 bedrooms, including a fitted kitchen, a parking space, and a storage room. The residential complex will feature large terraces, swimming pools, green areas, and children’s playgrounds. It will be developed on a 7,722 m² plot with close to 17,000 m² of buildable area.

    Cortijo Merino sits within Málaga’s productive axis, in a dynamic environment with direct connections to the University of Málaga, the Andalusia Technology Park (PTA), and several of the city’s main business parks. It also borders established areas such as Teatinos and Distrito Zeta, and is close to the airport and the Trade Fair and Congress Center.

    In recent years, Málaga has consolidated itself as one of Southern Europe’s key growth hubs—combining quality of life, tech talent, modern infrastructure, and an ecosystem that continues attracting investment and residential demand.

    28% Estimated Return in 28 Months

    Urbanitae investors participate by granting a subordinated loan structured in a single tranche.

    Main loan terms:

    • Total amount: up to €2,700,000
    • Fixed interest rate: 12% per year (simple interest)
    • Standard term: 28 months, with two possible 6-month extensions (28+6+6)
    • Estimated total return: 28%
    • Interest and principal: payable at maturity
    • Minimum guaranteed return: equivalent to 12 months of interest, even in case of early repayment

    Investor Exit: How Repayment Works

    The primary exit route is expected to be repayments funded through drawdowns of the senior bank developer loan, linked to construction progress and sales performance. Alternatively, the agreement allows repayment through the delivery of the homes, once the senior financing has been fully repaid.

    Loan Guarantees

    The project includes a broad and diversified guarantee package:

    • First-ranking pledge over the borrower’s shares
    • First-ranking pledge over the borrower’s bank accounts
    • First-ranking pledge over economic rights derived from future dividends from a second development currently underway
    • Joint and several corporate guarantee granted by the group’s parent company
    • Pledge over receivables linked to equity recapitalizations coming from the senior developer loan

    Expected Timeline: Returns in 2028

    Planned schedule:

    • February 2026: signing of the senior developer bank loan and refinancing of Phase I
    • February 2026: granting of the subordinated loan by Urbanitae investors
    • Q1 2028: construction completion and home handovers
    • Q2 2028: repayment of the subordinated loan to investors

    Why Consider Investing in Cortijo Merino?

    Several factors strengthen this opportunity:

    • Strategic location in Málaga, in a rapidly developing area with strong housing demand
    • Highly advanced project, with a granted building permit and urbanization completed by more than 90%
    • Meaningful pre-sales already secured (54%), reducing commercial risk
    • Senior developer financing approved by a top-tier bank before Urbanitae’s subordinated loan enters
    • Fixed 12% annual return, with an estimated 28% total return in the base case

    Webinar and Contact

    To learn more, join the Project Cortijo Merino webinar, where we’ll review the deal with the management team and answer questions live.

    You can also contact us at contacto@urbanitae.com or call (+34) 911 23 25 22.

    Invest in Cortijo Merino and access a Málaga real estate debt opportunity with 12% annual interest and an estimated 28% total return!

  • El Plantío: 11.6% IRR return, five months ahead of schedule

    El Plantío: 11.6% IRR return, five months ahead of schedule

    The El Plantío project is now part of Urbanitae’s track record. The investment closed with a final return of 12.1% and an IRR of 11.6%, completing its cycle five months earlier than initially estimated, without needing to activate the contractual extension.

    This repayment, while slightly below the initially estimated CoC, reflects an orderly execution, solid time management, and an early exit that reduced the total risk assumed by investors.

    What was the El Plantío project?

    El Plantío was a debt project designed to finance the acquisition, demolition, and development of a residential project of six single-family homes in one of the most established residential areas in northwest Madrid.

    The transaction was structured as a loan secured by a mortgage, with an estimated term of 21 months, intended to support the developer through the project’s early stages: asset purchase, planning and permitting process, and obtaining the building permit—an essential step for bringing in bank financing later on.

    From the outset, the project was built around a clear exit strategy: once the permit was obtained, the developer would be able to secure a bank development loan to repay Urbanitae’s loan early, which is exactly what ultimately happened.

    Partial amortization in April 2025

    After the financing was successfully completed and the loan agreement was signed in early October 2024, the project progressed according to plan, with a strong focus on key urban-planning milestones.

    In the first months, demolition works were carried out, while the building permit process advanced in parallel through an urban-planning collaborating entity (ECU). Although this process faced some administrative delays, the project continued to move forward in an orderly way, with no material deviations from its initial approach.

    In April 2025, a partial loan amortization took place, linked to the sale of an asset serving as additional collateral. This allowed a significant portion of the investment to be repaid early and reduced overall risk exposure.

    The decisive milestone arrived in October 2025 with the granting of the building permit, which unlocked negotiations for the bank development loan. After several months of work with the financial institution, finalizing that financing made it possible to fully repay Urbanitae’s loan in early February 2026, closing the project ahead of schedule.

    12.1% return in 16 months

    El Plantío closed with the following final results:

    • Estimated term: 21 months
    • Final term: 16 months
    • Estimated CoC: 17.5%
    • Final CoC: 12.1%
    • Estimated IRR: 10%
    • Final IRR: 11.6%

    The early repayment enabled investors to recover their capital sooner than expected, reducing time at risk and improving the overall risk profile of the transaction.

    A repayment aligned with the project’s logic

    El Plantío is a good example of how, in debt projects tied to urban-planning milestones, the final return can be shaped by the actual execution timeline, especially when the exit occurs before the original maturity date.

    In this case, securing the permit and bringing in bank financing enabled an early repayment, prioritizing capital protection and an orderly close over maximizing the theoretical CoC.

    Once again, Urbanitae adds another repayment to its track record, reinforcing the role of real-estate debt as an effective tool to channel investment into real projects—with visible milestones and structures designed to protect investors.

  • Invest in luxury with a 14.25% return

    Invest in luxury with a 14.25% return

     

    We’re opening a new investment opportunity on the Costa del Sol with Tranche B of the Hills 14 project, a debt project that continues an operation previously financed on the platform. This is the second tranche of a loan structured in three phases, aimed at building a luxury villa and a private sports complex in one of the most exclusive residential areas in the province of Málaga.

    This new tranche opens for funding on Monday, February 9 at 16:00 (UTC+1), allowing investors to join a project that is already underway, with construction progress above 40% and the license granted.

    A project progressing as planned

    Hills 14 consists of a high-end single-family home, called The Hills 14, located in the El Herrojo urbanization in Benahavís. The property is being built on a 2,374 m² plot and will have a total built area of approximately 2,250 m², distributed over three levels.

    The asset is designed to meet the most demanding standards of the prime segment: outdoor and indoor pools, spacious landscaped areas, garage, sea views, and a lower level dedicated to leisure and wellness, including a wine cellar, cinema, gym, spa, and games room. In addition, the project includes a private sports club, developed on a second adjacent plot of 10,982 m², with tennis and padel courts, mini football, volleyball, and a CrossFit area—creating a truly unique, hard-to-replicate asset in the area.

    Works began in December 2024 and, as of today, show certified progress above 40%, significantly reducing the execution risk typical of the earliest stages of a new-build project.

    What does Tranche B involve?

    This article refers to Tranche B of the loan, initially formalized in June 2025 with a Tranche A already financed on the platform. Tranche B aims to continue construction works and cover certain general project costs.

    Key features of this tranche include:

    • Tranche B amount: €2,600,000
    • Fixed interest rate: 9.50% simple annual interest
    • Term: 18 months, with a possible 9-month extension
    • Estimated total return: 14.25%
    • Minimum guaranteed return: equivalent to 15 months of interest

    Interest and principal are paid at maturity. Full early repayment is allowed at any time, provided the agreed minimum return is respected.

    Loan structure and security

    The operation is structured as debt, through the granting of a fixed-rate loan to the special purpose vehicle (SPV) that owns the asset. The total loan for the project reaches up to €8.16 million, structured in three tranches.

    For Tranche B, the contract includes a set of robust security packages, typical of this kind of operation on Urbanitae:

    • First-ranking mortgage over both project plots, with mortgage liability of 150%.
    • First-ranking pledge over the shares of the SPV.
    • First-ranking pledge over the SPV’s bank accounts.
    • Irrevocable power of sale in favor of investors for 75% of the appraisal value, activatable in case of default.
    • Independent oversight via a project monitor, who validates construction certifications, tracks timelines, and authorizes monthly disbursements.

    We explain the key points of the project in this video.

    Why invest in Hills 14 II?

    This second tranche offers several differentiating elements for debt investors:

    • Project located in one of the prime areas of the Costa del Sol, with strong international demand for luxury housing.
    • A unique, hard-to-compare asset combining an ultra-luxury residence with private sports facilities.
    • Project already underway, with license granted and construction well advanced.
    • Fixed return of 9.50% per year, with a minimum return equivalent to 15 months of interest.
    • Continuity of an existing relationship on the platform, as this is the fifth project financed together with this developer.
    • Marketing planned through a leading real estate agency in the area, once a higher level of construction progress is reached.

    When will I get my invested money back?

    The estimated term of Tranche B is 18 months, with a possible additional 9-month extension if needed. Investors’ exit is expected through the sale of the home, once construction is completed and the marketing process has concluded.

    The estimated timeline anticipates construction completion between late 2026 and early 2027, with loan repayment following the sale of the asset.

    Overall, Hills 14 II represents a fixed-return debt opportunity, backed by real collateral and an advanced-stage project, in one of the most exclusive enclaves in southern Europe.

  • Invest in Huelva with a Preferred IRR of 13%

    Invest in Huelva with a Preferred IRR of 13%

    At Urbanitae, we are launching a new residential capital gains project in El Rompido (Huelva), one of the most established locations on the Andalusian coast. The area offers an especially attractive combination of strong tourist demand, a shortage of high-quality housing, and solid potential for value appreciation.

    The El Rompido project opens for investment on Friday, January 30 at 12:00 (UTC+1). The day before, at the same time, we will host an explanatory webinar to answer any questions about the operation.

    25 Homes at the Highest Point of El Rompido

    The project involves the construction of 25 homes on a plot of approximately 7,000 square meters, combining two residential typologies:

    • 16 semi-detached single-family homes
    • 9 apartments in a multi-family building

    All units are located within a gated community with shared amenities, including a swimming pool, gym, and landscaped areas. The site layout takes advantage of the natural topography, orienting the homes toward the coastline and the mouth of the Piedras River to maximize natural light, open views, and outdoor living spaces.

    The development is located at the highest elevation of the “El Rompido Oeste” sector, adjacent to already consolidated residential phases. It is fully consolidated urban land, with the plot completely urbanized and serviced (pending final municipal handover only), which significantly reduces urban planning risk and allows the focus to remain on the construction phase.

    A Market with Structural Demand

    El Rompido has become one of the most highly regarded destinations on the coast of Huelva, both for second homes and real estate investment. Its protected natural surroundings, proximity to top-tier golf courses, and low-density urban profile make it an especially attractive market for well-positioned residential developments.

    In addition, the very limited supply of new-build housing strengthens the project’s sales absorption potential and supports expectations of asset appreciation upon completion.

    Bank Financing Secured

    From a technical standpoint, the project includes a total buildable area of 2,123 m², with execution supported by a construction structure with proven experience in the area, helping to mitigate construction risk and control costs.

    On the financial side, one of the most relevant milestones is that developer financing has already been agreed with a top-tier banking institution, providing visibility and security from the outset. The commercial strategy foresees the start of sales within the first few months, supported by the scarcity of single-family homes with sea views in the area, a key differentiating factor compared to other developments.

    Preferred IRR of 13%

    The El Rompido project is structured as an equity investment, with Urbanitae investors participating directly in the development’s capital. In this case, the operation includes a particularly relevant feature: a preferred annual IRR of 13% for Urbanitae investors, applied to their equity contribution and paid before any distribution to the remaining partners.

    This structure strengthens the alignment of interests and improves return visibility for retail investors within a medium-term capital appreciation strategy.

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

    Why Invest in El Rompido?

    • Project focused on residential capital gains in a consolidated coastal location
    • Preferred annual IRR of 13% for Urbanitae investors
    • Market with structural demand and limited supply of quality housing
    • Clear development and exit strategy
    • Environment with strong tourist and residential appeal
    • Structure designed to align interests and protect investors

    Any Questions?

    To explore all the project details, resolve questions, and gain first-hand insight into the investment structure, we will host a webinar on Thursday at 12:00 (UTC+1).

    It will be a great opportunity to better understand how the project fits into your investment strategy.

    You can also contact us at contacto@urbanitae.com or call (+34) 911 23 25 22. We will be happy to assist you.

    Invest in El Rompido with a preferred annual IRR of 13%.

  • Invest in Ibiza with a 15% return in 18 months

    Invest in Ibiza with a 15% return in 18 months

    At Urbanitae we’re launching a new debt project, Project Alegre—a transaction backed by prime residential luxury assets in Ibiza and structured to deliver a return known from the outset, supported by a strong package of guarantees.

    Funding will open on Thursday 29 January at 16:00 (UTC+1). We’ll also host an informational webinar on Wednesday 28 January at 12:00 (UTC+1) with Juan Mínguez and Joaquín Uríbarri, Director and VP of Urbanitae’s debt team, where we’ll explain the deal in detail and answer all your questions.

    10% annual return

    Project Alegre consists of granting a mortgage-backed loan for the refinancing of an existing loan, completion of the works, and a partial recapitalization of the developer for two luxury villas located in the municipality of Sant Josep de Sa Talaia (Ibiza)—one of the island’s most exclusive residential areas.

    These are two assets at an advanced stage of construction, with an estimated progress of approximately 60% and 70%, respectively, which significantly reduces execution risk and improves visibility on the project timeline.

    The investment has an estimated term of 18 months, with a fixed interest rate of 10% per annum and a total return of 15%, calculated for the full term. The loan also includes two possible 6-month extensions if needed—in the second extension the interest rate would increase from 10% to 10.5%—with a minimum guaranteed return equivalent to 9 months of interest.

    Investor exit is expected through the sale of one or both villas, supported by a multi-channel marketing strategy with international agencies specialized in Ibiza’s prime market.

    Two prime villas in Sant Josep de Sa Talaia

    Project Alegre is backed by two high-end single-family homes:

    Villa Infinity – Vista Alegre

    Located in the prestigious private community of Vista Alegre, this villa features 702 m² of interior space and 380 m² of terraces on a 1,000 m² plot. The structure is already complete and the estimated timeframe to finish the works is 4 to 6 months. Its elevated setting offers open views of the Mediterranean and Formentera, in a low-density environment with strong international demand.

    Villa Caleta – Sa Caleta

    Set on a large rural plot of 50,000 m², this villa has 410 m² of interior space and 250 m² of terraces, with unobstructed views over the island’s southern natural surroundings, including the Ses Salines Natural Park. Construction progress is above 70%, with a similar expected completion timeline.

    Financial structure and guarantees

    The project is structured entirely as debt, with a loan granted by Urbanitae investors to the borrowing company. The transaction includes a strong package of guarantees, designed to protect investors:

    • First-ranking mortgage over both assets, with a mortgage liability of 125%.
    • First-ranking pledge over the shares of the owning company.
    • First-ranking pledge over the SPV’s bank accounts.
    • 100% cash sweep from the sale of either villa, allocated to repay the loan.
    • Sales mandate enabling the divestment of the assets if certain time milestones are reached or in case of contractual breach.
    • Ongoing technical monitoring through an independent Project Monitor, who validates work certifications and disbursements.

    We explain the key points of the project in this video:

    Why invest in Project Alegre?

    These are the main strengths of Project Alegre:

    • Assets located in one of Europe’s most exclusive residential markets, with structurally limited supply and strong international demand.
    • Advanced construction status, reducing execution risk and the likelihood of significant delays and cost overruns.
    • Developer specialized in prime residential, with a strong international track record and proven experience in high-end projects.
    • Attractive risk-adjusted return, with a fixed 10% annual rate and a total return of 15%.
    • Robust guarantee structure, aligned with the most demanding standards for debt projects.

    Questions?

    If you have questions about the project, you can ask them during the webinar on Wednesday 28 January at 12:00, email us at contacto@urbanitae.com, or call us on (+34) 911 23 25 22. You can also send your questions in advance through our usual channels.

    Invest in Project Alegre and access a total return of 15% backed by luxury villas in Ibiza!

  • Two repayments delivered as planned: Ribera del Pinar and Los Fresnos close their cycle

    Two repayments delivered as planned: Ribera del Pinar and Los Fresnos close their cycle

    At Urbanitae, a project repayment is the moment when what truly matters gets confirmed: that the structure, milestones, and monitoring worked as intended from day one. Today we’re sharing two repayments that have evolved as planned, with results consistent with the business plan and timelines within the framework communicated to investors: Ribera del Pinar and Los Fresnos.

    Although we bring both repayments together in a single article, these are independent projects, with different dynamics. That’s why we review them separately below: what each one involved and how its closing unfolded.

    Ribera del Pinar: protected housing in Navalcarnero

    Ribera del Pinar was a debt project designed to finance the purchase of land for a cooperative in Navalcarnero (Madrid), intended for the development of nearly 248 protected homes—specifically VPPL (publicly protected housing with capped prices). The manager was Urbanismo y Gestión, with a track record of more than 4,000 homes delivered.

    This nuance matters because VPPL responds to a need that is especially visible in the Madrid market: affordable, family-sized housing. It is, so to speak, a “second tier” within protected housing: it keeps a price cap, but allows larger typologies, designed for households that need more space. In today’s context—marked by a lack of accessible housing supply—this type of product tends to have structurally strong demand.

    In the webinar, where all key agents involved in the project participated, it was explained in detail why, even though it was a large-scale development, marketing could be supported by three pillars: pent-up demand in the area of influence, operator experience, and a product with a clear value proposition—quality, square meters, communal areas, and protected pricing.

    From the investor’s perspective, the project was structured with a base term of 12 months and a possible 12-month extension. That extension was not a pessimistic Plan B, but a prudent decision: it provided leeway for external factors (administrative timelines, cooperative sign-up pace, banking calendar) without forcing a high-pressure scenario if closing required a few extra weeks. In the end, the extension was activated, although it was not necessary to use it in full.

    11.36% IRR return

    • Estimated term: 15 months (12 months plus a possible 12-month extension)
    • Final term: 15 months
    • Estimated CoC: 13.75% (adjusted)
    • Final CoC: 13.75%
    • Estimated IRR: 11.50%
    • Final IRR: 11.36%

    In practice, Ribera del Pinar closed within the expected framework, with a consistent final result and no material deviations from the project’s original thesis.

    Los Fresnos: plots for self-builders

    Los Fresnos was also a debt project, structured as a bridge loan to facilitate the acquisition of land and the necessary work to subdivide it into six plots, with the aim of selling them with permits already in place to end buyers under a self-promotion (self-build) scheme.

    The project was located in the Los Fresnos sector (Boadilla del Monte), a well-established area of high-end single-family housing, with good accessibility and nearby services. The strategy relied on a simple idea: in markets where there is demand from self-builders and the product is offered “turnkey” (plot with permit, delegated development contract, and construction at a fixed price), the timeline can be significantly shorter than in a traditional development.

    In this case, the project also had a developer—Auric Partners—with experience in this type of operation and specific knowledge of the local market. It was structured with a total term of 12 months, with a possible 6-month extension to cover any reasonable deviation in permit timelines or in the commercial closing of the plots.

    10.21% IRR return

    • Estimated term: 18 months (12 + 6-month extension)
    • Final term: 18 months
    • Estimated CoC: 15.75% (adjusted)
    • Final CoC: 15.75%
    • Estimated IRR: 10.50%
    • Final IRR: 10.21%

    The repayment of Los Fresnos highlighted the importance of knowing the local market well, working with developers specialized in the asset typology, and structuring operations with guarantees and conservative ratios.

    Execution aligned with forecasts

    Taken together, the repayments of Ribera del Pinar and Los Fresnos reflect execution aligned with the hypotheses set out from the start. In both cases, the projects developed within reasonable timelines, with final results equal to or better than expected, and with no material incidents in the return of capital.

    Two different examples—large-scale protected housing and a smaller residential development—that show how proper structuring, validated demand, and experienced developers can offer visibility and stability to investors even in demanding market contexts.

  • Invest in luxury with a building permit in Benahavís

    Invest in luxury with a building permit in Benahavís

    At Urbanitae, we continue adding property development opportunities in established locations with clear fundamentals. This time we’re presenting Casa Fortuna, a capital-gains project in Benahavís—one of the most exclusive areas on the Costa del Sol, very close to Marbella and Puerto Banús.

    This is a project with a building permit already granted, immediate start of works, and a clear strategy: the acquisition, full refurbishment, and subsequent sale of a high-end single-family home in a leading gated community.

    The project will open for funding on January 20 at 4:00 PM (UTC+1) and will include an informational webinar, taking place on January 19 at 12:00 PM (UTC+1), where we’ll go through all project details together with the project manager.

    Luxury, high demand in El Herrojo

    Casa Fortuna is located in the El Herrojo gated community, in the La Quinta area, within the municipality of Benahavís. It’s a residential enclave known for its high levels of security, privacy, and natural surroundings, with open views of the sea, mountains, and golf courses.

    The project consists of the acquisition of an existing home, its full refurbishment*, and the development of a three-bedroom luxury villa, with a high level of amenities and services. The asset will include a pool, gym, spa, and a garage for seven vehicles, aligning with prime residential standards in the area.

    The villa will sit on a plot of approximately 2,000 m², with over 1,400 m² of internal built area, in an elevated position facing the coast of Puerto Banús—one of the most sought-after locations in southern Europe.

    Returns in 26–30 months

    One of the key aspects of Casa Fortuna is that the project already has the building permit granted, allowing construction works to start shortly after the funding round closes.

    The estimated project term is 26 to 30 months, from investor entry to final exit, with a timeline that includes:

    • Q1 2026: Capital contribution and project start.
    • Q1 2026: Execution of refurbishment and development works.
    • Q4 2027: Marketing of the asset at an advanced stage of works, in line with the product type.
    • Q2 2028: Sale of the property and profit distribution.

    Based on the manager’s experience in similar projects in the same area, the marketing period is around six months once the works reach a high level of completion.

    Experienced manager with meaningful co-investment

    The manager for this operation is Casas Fintech, a company specialized in the development of luxury residential projects and part of Grupo Madre SGPS—an international investment consortium active across multiple sectors.

    In this project, the manager contributes approximately 25% of the total equity, strengthening alignment of interests with Urbanitae investors. The manager also handles the end-to-end management of the development, from construction execution through marketing and final exit.

    Casas Fintech is currently developing other projects in the same location, progressing as planned, which provides operational synergies and direct knowledge of the local market. This is the fourth project we’ve financed with this manager, following Cazorla – Piemonte, Villa Orquídea, Casa Coral, and Casa Coragem.

    Investment structure

    The transaction is structured as a capital increase through a special purpose vehicle (SPV) in which Urbanitae investors participate alongside the manager and other partners.

    Total project equity amounts to €4,000,000, of which €1,947,500 corresponds to Urbanitae investors. The project also includes external financing agreed with a financial institution to cover part of the acquisition and development costs.

    Why invest in Casa Fortuna?

    From our perspective, this project brings together several relevant factors:

    • Luxury residential development in a consolidated location.
    • Building permit granted, enabling an immediate start of works.
    • Specialized manager with proven local experience.
    • Significant developer co-investment, aligning interests.
    • Highly demanded product type in the prime Costa del Sol market.
    • Agreed bank financing with a ground tranche.

    Any questions?

    If you have questions, you can raise them during the webinar with the manager, taking place on January 19 at 12:00 AM (UTC+1), or in our Telegram channel in advance. You can also email us at contacto@urbanitae.com or call (+34) 911 23 25 22.

    Invest in Casa Fortuna and take part in a new residential capital-gains project in Benahavís!