Category: Equity

Equity projects

  • Invest in the Vista Alegre project in Ibiza!

    Invest in the Vista Alegre project in Ibiza!

    We present to you our first project in Ibiza, which will open for investment next Wednesday, April 10th at 4:00 PM (UTC+1).

    The Vista Alegre project consists of the commercialization of a building composed of 39 one-bedroom apartments located in the exclusive Vista Alegre development (Ibiza).

    The project at hand is located in the heart of the Vista Alegre development, one of the most renowned developments on the island of Ibiza, along with Roca Llisa or Can Rimbau.

    On this occasion, we once again trust RTV Grupo Inmobiliario, with whom we have financed numerous projects.

    The developer invests their own capital.

    The operation will be structured through a capital increase, where Urbanitae investors will contribute capital to the operation’s vehicle company.

    The manager will be responsible for the comprehensive management of the development and will contribute 20% of the total investment capital.

    It is important to note that the project does not assume licensing risk or construction cost as the property is already built.

    In this video, the developer and our CEO, Diego Bestard, explain the details of the Vista Alegre project.

    Profitability in 22-26 months

    The estimated duration of this project is 18-22 months. Regarding profitability, we cannot provide figures in advance, but it can be easily calculated from the project’s URL information. Just like in the rest, in the favorable scenario, which is the one we base on at Urbanitae and which we compare with third parties, profitability is calculated using the formula: (Revenue forecast – Cost estimate) / Total equity.

    The signing of the operation contracts is expected in the second quarter of 2024.

    The start of commercialization is estimated in the third quarter of 2024.

    Between the fourth quarter of 2025 and the first quarter of 2026, the end of commercialization and the delivery of the homes are expected.

    Finally, between the first and second quarter of 2026, the dissolution of the company and distribution of profits to investors are estimated.

    As always, you can contact us at contacto@urbanitae.com or by phone at 911 23 25 22. Get informed and don’t miss the opportunity to achieve annual rental yields of 5.4%.

  • We launched our first project in Portugal!

    We launched our first project in Portugal!

    We present to you our first project in Portugal, which will be open for investment on the next Monday, March 25th, at 4 p.m.

    The Paulo Duque project consists of the development of 6 multifamily homes in the west of Lisbon. The manager of this operation is Vogue Homes, a real estate developer that has been involved in more than 50 projects and has over €751 million in assets under management.

    The project in question is located in the town of Cruz Quebrada, belonging to the municipality of Oeiras, Lisbon district. More specifically, it is on Paulo Duque Street, just a few minutes from Dafundo Beach and the iconic Belem Tower, and a 20-minute drive from downtown Lisbon.

    Building permit granted and construction initiated

    The operation will be structured through a capital increase, where Urbanitae investors will make a capital contribution to the operation’s vehicle company. It has external financing granted for the development of the work with a financial institution. The contribution corresponding to Urbanitae investors will be equivalent to €1,000,000 (plus the €10,000 that are contributed and maintained in the vehicle company).

    It is important to note that the project already has a building permit and construction has begun.

    The manager will fully manage the promotion, and its contribution, together with that of its partners and after recovering part of the investment made to date, amounts to 35% of the total investment value. This aligns the interests of investors and the promoter.

    In this video, the promoter and our CEO, Diego Bestard, explain the details of the Paulo Duque project.

    Profitability in 18-22 months

    The estimated timeframe for this project is 18-22 months. Regarding profitability, we cannot provide specific figures, but it can be easily calculated from the project’s URL information. Just like in the rest, in the favorable scenario, which is the one we base on at Urbanitae and the one we compare with third parties, profitability is calculated using the formula: (Income forecast – Cost estimate) / Total equity.

    In the first quarter of 2024, completion of the capital increase and entry into the development company is expected, along with ongoing construction works.

    In the third quarter of 2025, the end of construction, the issuance of the occupancy license, and the delivery of the housing units are estimated.

    Finally, in the first quarter of 2026, the dissolution of the company and distribution of profits to investors are expected.

    As always, you can contact us at contacto@urbanitae.com or by phone at 911 23 25 22. Get informed and don’t miss the opportunity to achieve annual rental yields of 5.4%.

  • Effective project management in the midst of the COVID-19 pandemic

    Effective project management in the midst of the COVID-19 pandemic

    Our series of success stories takes us this time to the year when we began operating as a platform authorized by the CNMV: 2019. In October, we launched a financing project for the development of a new residential promotion in the urban center of San Sebastián de los Reyes (Madrid).

    Promociones Barrio 2005 was the promoter of the project, a company specialized in small and medium-sized promotions with an exclusive product offering in the Community of Madrid. In this case, it involved the construction of ten houses, eight parking spaces, and ten storage rooms in a consolidated residential location north of the capital. A strategic enclave, where the demand for affordably priced apartments for young people is very high, as well as retail investors looking to buy and rent homes.

    The operation was structured through a company established exclusively for the project. A capital increase was carried out where the promoter contributed the land and part of the capital, becoming the majority shareholder of the investment vehicle, with 58%. In this way, by investing their own capital, the interests of all parties involved in the investment are aligned. Meanwhile, 41 Urbanitae investors contributed the remaining capital needed for the project – 900,000 euros – representing 42% of the investment.

    Additionally, the project had a preconceived developer loan for financing the work, once the building permit and a percentage of sales were obtained.

    Change of strategy to ensure the operation

    The development of this promotion was conceived during a period of great impact on the residential real estate market, such as the COVID-19 pandemic, which emerged at a time when the market cycle was in a mature phase. Therefore, the final success of the project is even more relevant.

    In this sense, the promoter was forced to change its strategy due to the situation and decided to “patrimonialize” the asset: it chose to buy the shares of all Urbanitae investors with a 10% appreciation and liquidate the investment. The promotion works had already started when the pandemic broke out, so the promoter had no possibility of securing pre-sales, which was one of the requirements for financing. At that time, the solution was viable due to having a small number of investors, and it being an exceptional situation. This way, the promotion could move forward, ensuring the money of our investors.

    The initial estimated profitability was 27% over a period of 22 months with a 15% IRR. Finally, although the total return for investors amounted to 10% due to the reasons mentioned above, the execution period was advanced by 10.5 months, with a 10% IRR.

    2nd project with Promociones Barrio 2005

    Promociones Barrio 2005 once again placed its trust in participatory financing and Urbanitae with the launch of a new project. An operation that marked a milestone in the platform’s history by exceeding, for the first time, the barrier of 100 investors in a project. In this case, it is a residential promotion of 30 new-build homes, located on Paseo de Extremadura (Madrid).

  • New project! Achieve annual rental yields of 5.4%

    New project! Achieve annual rental yields of 5.4%

    We have a new rental project ready, the eighth one. This time, we have the same developer, tenant, and even the city. We’ll tell you all the details about this project, which will open for investment on Thursday, February 29, 2024, at 4:00 PM (UTC+1).

    As we mentioned, the Pepco San José project follows the structure of the Pepco Delicias project. Both are located in Zaragoza, with the Pepco chain as the tenant and GPA as the manager.

    Pepco is a European chain of Polish origin, listed on the stock exchange, specializing in fashion and low-cost products. It aims to make Spain its fourth market this year, with the opening of an additional 100 stores to the 200 it already has in our country. The developer, on the other hand, specializes in income-generating assets, with a track record of over 30 years.

    The project at hand is located in the San José neighborhood of Zaragoza, specifically at Avenida del Tenor Fleta, 52. The property was previously a market and, with a gross leasable area of 995 square meters, it is a highly demanded asset in the city centers. It is the fifth location in Zaragoza.

    5.40% annual yield for 5 years

    As mentioned, the tenant for this space is Pepco, which entered the premises in June 2023 with a 15-year contract – six of which are mandatory. Since January 2024, it has been undergoing a comprehensive renovation that will conclude with the opening to the public in June 2024.

    The operation will be structured via equity. Urbanitae investors will contribute a total of €1,180,000 to purchase the premises, and they will do so through a capital increase to the operation’s SPV. No bank financing will be necessary.

    As is customary in our rental projects, the expected duration in this case is five years. According to the lease agreement signed by Pepco, it is estimated that the project will generate an average annual dividend of 5.40% for Urbanitae investors, distributed quarterly.

    From the third year onwards, a divestment window will open if market conditions are optimal: the sale of the asset would generate an additional return on capital gains, which can be calculated using the project’s data sheet formula: (Projected Income – Estimated Costs) / Total Equity.

    In this video, the developer and our CEO, Diego Bestard, explain the details of Pepco San José.

    Very limited risk

    The project is interesting for several reasons. It is worth noting that it protects against inflation, as from July 2026, the rent will be annually reviewed: the first review will be a 2.5% increase.

    Another positive point is the tenant’s security. Pepco has signed a 15-year lease, six of which are mandatory. Additionally, the effort rate that the rent represents for Pepco is low.

    Investor exit in 2029

    In the investment calendar, the acquisition of the premises is scheduled for the first quarter of 2024. The payment of the first dividend to investors will be in the third quarter of 2024. From the first quarter of 2026, a divestment window opens subject to market conditions. If not by then, three years later, in the first quarter of 2029, Urbanitae investors would exit, and profits would be distributed.

    If you have any doubts, you can address them in the webinar we will hold with GPA on Tuesday, February 27, at 12:00 PM (UTC+1). As always, you can contact us at contacto@urbanitae.com or by phone at 911 23 25 22. Get informed and don’t miss the opportunity to achieve annual rental yields of 5.4%.

  • Doce de Octubre: 15% return on a commercial property

    Doce de Octubre: 15% return on a commercial property

    Commercial properties are becoming increasingly attractive in the real estate market. The growing number of vacant commercial spaces, coupled with the shortage of housing supply in certain urban areas, turns the refurbishment of commercial properties into a great opportunity for both developers and investors.

    Today, in our success stories series, we want to highlight precisely a financing operation for the conversion of a commercial space into residential use. This is the Doce de Octubre project, launched in May 2021 and located in the Niño Jesús neighborhood of Madrid, on Doce de Octubre Street, 26. A privileged enclave, very close to Retiro Park and the Salamanca neighborhood.

    This project, promoted by Chapnik & Giesen, involved the acquisition of a commercial space of 206 square meters (a former bank office) for subsequent renovation and transformation into four residences (two studios and two one-bedroom apartments). The four units, located on the ground floor, have independent entrances.

    The Doce de Octubre project was based on a capital gains strategy. Urbanitae investors partnered with the developer through a special purpose vehicle to develop the project through a capital increase. This increase allowed for the acquisition of the land and its subsequent renovation without the need for bank financing.

    Improved returns and IRR

    The investment, totaling €732,000, was raised through the participation of 218 Urbanitae investors who took part in this operation. The initial estimated return was 10% over a period of 9 months with an IRR of 14%. Finally, even though the timeline was extended by three more months, the total return for investors increased significantly to 15.2%. The IRR increased by almost two percentage points, reaching 15.9%, surpassing all initial forecasts.

    Key success factors

    • The developer, in addition to handling the comprehensive management of the project, renovation, and marketing, invested his own capital: approximately 20% of the total investment (€169,000).
    • The project is located in the Retiro district, next to the Salamanca neighborhood. A unique and established location, surrounded by services such as schools, hospitals, shopping centers, and supermarkets. With over 118,000 inhabitants, Retiro ranks fifth in the price of second-hand housing among the 21 districts that make up the city of Madrid.
    • The developer processed both the construction license and the change of use license through a responsible declaration (in collaboration with an Urban Collaborating Entity approved by the City Council), so it was not necessary to process a file with the municipal administration to start the works.

    Despite facing a slight delay in timelines and an additional cost in construction execution – coinciding with one of the periods of the highest surge in construction material prices – the project was a success. Sales projections were comfortably exceeded, compensating for the delay and additional cost.

    The Doce de Octubre project is not just a successful case of return on a commercial property. It is another example of how crowdfunding can open up interesting liquidity avenues for all types of real estate transactions and, at the same time, bring investors truly interesting and distinctive opportunities.

  • Invest in Madrid’s Golden Mile from 500 euros

    Invest in Madrid’s Golden Mile from 500 euros

    We’re excited to announce a new rental project ready for investment. This time, we’re heading to one of Madrid’s most exclusive areas. The project will open for funding on Tuesday, February 6th, at 4 p.m. Would you like to invest in Madrid’s Golden Mile? We’ve got all the details for you below.

    The Local Prime project involves the acquisition of a commercial space in Madrid, rented to a luxury brand. The location is at the corner of Lagasca and José Ortega y Gasset streets, right in the heart of the Salamanca neighborhood. This area is considered the most exclusive in all of Spain in terms of commerce. It’s one of the streets with the lowest yields in transactions, meaning it’s one of the least risky locations in Spain.

    The project is led by Falcons Real Estate, a family-owned real estate investment company providing advisory solutions, investment structuring, and real estate asset management. With an experienced team in investment banking and strategic consulting, Falcons Real Estate has over 25 years of experience in the sector.

    5% profitability over five years

    The Local Prime project follows an income strategy. Urbanitae investors will partner with Falcons Real Estate to purchase the property leased to a luxury brand and cover the associated investment expenses. The purchase price of the property is 5.3 million euros.
    Of the total purchase price, Urbanitae investors will contribute 2.373 million euros, which constitutes the Local Prime project ticket. The contribution will be, as always, through a capital increase to the operation’s SPV: there will be no need for bank financing.
    The tenant of the property recently signed a 15-year lease contract, with a mandatory compliance period of 10 years. Additionally, the French company plans to renovate the premises with an investment of between 10 and 20 million euros.
    According to the lease agreement, which is indexed to the CPI, the project is expected to generate an average annual dividend of 5%, which will be distributed quarterly among investors based on their participation. Once the project’s 5-year term has elapsed, the property will be sold, yielding additional profitability through capital gains.
    In this video, Luis Butragueño, partner at Falcons Real Estate, and Diego Bestard, CEO of Urbanitae, explain the key aspects of the Local Prime project.

    In any case, our Investor Relations team is always available to answer any questions about the project. You can contact them at contacto@urbanitae.com or by phone at 911 23 25 22. Don’t miss the opportunity to invest in Madrid’s Golden Mile!

  • Invest in coastal property in Alicante

    Invest in coastal property in Alicante

    We present a new investment opportunity on Urbanitae. Our upcoming project will allow you to invest in coastal property in Alicante, as always, starting from only 500 euros. It will take place on Wednesday, January 31, at 4 p.m. Interested?

    The Allonbay Azure project involves the development of a new housing development on the Costa Blanca. Specifically, the project includes the construction of 42 one, two, and three-bedroom homes, all with parking spaces and storage rooms, in the northern part of Villajoyosa, in a area called Allonbay, about 100 meters from El Torres Beach.

    The development will also feature a communal pool, children’s play area, equipped gym, sauna, jacuzzi, and landscaped common areas. Allonbay Azure is part of the Allonbay Village residential complex, which is the first project certified under the BREEAM Urbanism scheme in Spain for its sustainability.

    Urbanitae already financed another residential project in the area, the Allonbay Aura project, last November. Therefore, we are repeating with the same developer. Quadratia is a company founded in 2005, but with a management team that has over 50 years of experience and has developed more than 7,500 homes. This developer is responsible for all residential promotions of Allonbay to date, totaling about 225 homes built and delivered.

    License and 40% reservations

    The Allonbay Azure project has a capital gains strategy, meaning that Urbanitae investors will become partners with the developer for the development of the project. The project will have a total equity of 4,500,000 euros; Urbanitae investors will contribute 3,600,000 euros, while the developer will contribute the remaining 20%.

    Quadratia has an exclusive purchase option for the acquisition of the land on which the development will take place, which is free of charges. The project also has a building permit since July 2023.

    The funding raised by Urbanitae will be used to acquire the land and support the startup costs of the project until the grant of the developer loan, currently under negotiation.

    Regarding the project’s commercialization, Allonbay Azure already has cash reservations for 17 of the 42 homes that make up the development, which is 40%. The formalization of purchase contracts will take place after the grant of the developer loan and in parallel with the start of construction work.

    In this video, Sandra Bertomeu, Director of the International Area at Quadratia, and Diego Bestard, CEO of Urbanitae, explain the key points of the project.

    Profitability in 26-30 months

    As in any equity project, crowdfunding platform regulations do not allow us to publish the estimated profitability figure. However, you can calculate it based on the information available on the project’s profile.

    The expected timeline for the Allonbay Azure project is 26 to 30 months. Capital application and land acquisition will be achieved in the first quarter of this year, and construction will begin in the second. It is expected that the construction will be completed between the fourth quarter of 2025 and the first quarter of 2026, with the delivery of homes. The settlement of the company and profit distribution will occur in the first or second quarter of 2026.

    Now you know, if you want to invest in coastal property, this project is a good opportunity. If you have any doubts, you can ask the developer directly in the webinar that we will hold with them on January 29 at 12 p.m. As always, our Investor Relations team will be happy to assist you at contacto@urbanitae.com or by phone at 911 23 25 22.

  • Invest in new construction in Gran Canaria with granted license

    Invest in new construction in Gran Canaria with granted license

    New project on Urbanitae! Today, we offer you the opportunity to invest in new construction in Gran Canaria, in a project with a very limited level of risk. It will be next Thursday, January 25th, at 4 p.m. We will tell you all the details.

    The Brassie Villas project involves the development of 50 villas with a private pool and garden, as well as a parking space and storage room, in Telde, Gran Canaria. The houses have an average area of 140 square meters, and the entire development has sea views. The plot where the project will be developed is located on the east side of the island of Gran Canaria, on the outskirts of Telde, less than 2 kilometers from the nearest beach. It is well connected to the airport and less than 20 km from the center of Las Palmas.

    Brassie Villas is the promoter of this investment opportunity. The company has a very good reputation on the island and has more than eight years of experience in the sector. It specializes in luxury real estate, with over 6,000 square meters already developed.

    Owned land

    In this project, Urbanitae investors will enter the capital of the land-holding company where the development is taking place: we will hold 50% of the ownership; the promoter already owns the other 50%. The Brassie Villas project has a profit-sharing structure. The contributions of Urbanitae investors will be delivered to the promoter via a capital increase to a vehicle company, which will then enter the capital of the project-promoting company. The total ticket amounts to €2,760,000, including €5,000 that will be held in the company to cover administrative and management expenses.

    The promoter, along with accompanying investors, will contribute around 41% of the total investment value.

    Valid building permit

    One of the strengths of the project is that it already has a valid building permit, and the contract with the construction company – Sinergia Building – is closed. This will allow construction to start as soon as bank financing is activated. At this point, there is also good news: the developer loan is agreed with a financial institution and is expected to be formalized simultaneously with the entry of investors.

    58% reserved

    Commercially, the project has 29 sold houses – equivalent to 58% of the units – of which 24 sales contracts have been signed since July 2023, and five are pending signature.

    In this video, Francisco Juárez, managing partner of Brassie Villas, and Diego Bestard, CEO of Urbanitae, explain the project’s key points.

    Return in 28-32 months

    The estimated duration of this project is around two and a half years. According to the business plan, the capital increase and contribution to the project-promoting company will be completed in the first quarter of 2024. The construction will also start in the first quarter. The end of construction will arrive in the first three months of 2026. Finally, between April and June 2026, the company will be liquidated, and profits will be distributed among the investors.

    If you have any doubts about the project, you can raise them in the webinar we will hold with the promoter next Tuesday, January 23rd, at 12 p.m. As always, you can contact us at contacto@urbanitae.com and by phone at 911 23 25 22. Don’t miss the opportunity to invest in new construction in Gran Canaria!

  • Invest in Zaragoza with a 5.4% annual dividend

    Invest in Zaragoza with a 5.4% annual dividend

    We have a new project on Urbanitae! We are returning to the rental strategy, and this time, we invite you to invest in Zaragoza with an average annual dividend of 5.4%. It will be on Monday, January 22nd at 4 p.m. Do you want to know more details?

    The Pepco Delicias project involves the acquisition of a commercial space leased to Pepco, the low-cost fashion, home, and leisure store chain. The mentioned space is located in Zaragoza, in the central Delicias neighborhood. The asset consists of three land registries on the ground floor of a residential building. The gross leasable area (GLA) exceeds 1,200 square meters, and it is all at street level.

    GPA (Grupo Patrimonial Actur) is the promoter of this project. It is new to the platform, but the company has more than 30 years of experience in managing and investing in rental real estate assets. Currently, it manages the assets of several family offices and focuses on finding top-level tenants with long-term contracts in established locations, just like the Pepco Delicias project.

    As for Pepco, it is a chain of Polish origin that sells low-cost clothing and home products and already has more than 3,000 stores in 17 European countries. In Spain, Pepco already has 160 establishments, which will be 200 by the end of the year if the company’s forecasts are met.

    Annual return of 5.40% for 5 years

    The tenant of the space is Pepco Group since June 2023, with a 15-year lease contract, six of which are mandatory. Pepco took possession of the space in November 2023; it is currently undergoing a comprehensive renovation that will be completed in May 2024, the scheduled opening date to the public.

    Like any rental project, Pepco Delicias is structured as equity. Urbanitae investors, along with additional private investors, will make a capital increase in the operation’s vehicle company. This company does not plan to seek bank financing to purchase the space. For Urbanitae investors, the ticket amounts to 1,450,000 euros.

    The project has a duration of 5 years. According to the lease contract signed by Pepco, we estimate that the project will generate an average annual dividend of 5.40% for Urbanitae investors, distributed quarterly. In addition, a sales option contract has been signed with GPA, which will come into effect from the 2nd year after the asset’s purchase. Naturally, the sale of the asset will generate additional profitability from capital gains, which you can calculate for each of the scenarios detailed in the project sheet.

    In this video, Javier Palacio, founding partner of GPA, and Diego Bestard, CEO of Urbanitae, explain the details of the Pepco Delicias project.

    However, if you have any questions about the project, you can ask them in the webinar we will hold with the promoter next Friday, January 18, at 12 p.m. And, as always, you can write to us at contacto@urbanitae.com or call us at 911 23 25 22. Invest with us and achieve an annual dividend with low risk!

  • New investment opportunity in Cádiz

    New investment opportunity in Cádiz

    This week, we present a new investment opportunity in Cádiz. It will open for funding on Thursday, December 14th at 4:00 PM.

    The Alcaidesa Homes project involves the development of a new residential promotion comprising 87 homes.

    Situated in La Alcaidesa, a development belonging to the municipality of San Roque east of the province of Cádiz, below Sotogrande.

    Caralca, a company with over 50 years of experience in the sector, will promote the Alcaidesa Homes project.

    The promoter invests its own capital

    With this project, a capital gains strategy will be implemented, involving an alliance with the promoter for the development of a promotion located in La Alcaidesa (Cádiz). Urbanitae investors’ contributions will be delivered to the promoter through a capital increase to the vehicle company that will gather all Urbanitae investors’ contributions in the project. Subsequently, this company will increase capital and formalize a share purchase agreement of the promoter company’s shares.

    The promotion involves the acquisition of seven partially constructed blocks from the previous economic cycle. The progress of the work is approximately 30%.

    Caralca owns the asset on which the promotion will be developed, to be contributed to the promoter company of the project. The property has a mortgage load from a bank loan that financed part of the acquisition cost. This mortgage load will not be canceled with the entry of capital from Urbanitae investors and the promoter. It will remain in effect until the project is completed, either because the promoter loan is granted by the same bank or replaced by a new bank loan.

    The project has a granted construction license for 3 of the 7 mansions in the promotion. Licensing for the remaining homes is expected between the first and second semesters of 2024.

    Urbanitae investors’ contributions will be used to support the acquisition costs of the asset and the project’s initial stages until external financing is granted. The manager is currently negotiating with various banks for the formalization of the promoter’s mortgage loan to finance the construction.

    Return in 28-32 months

    The project is estimated to last between 28 and 32 months. Capital increase and land acquisition are expected between the fourth quarter of 2023 and the first quarter of 2024. Construction work is estimated to begin between the first and second quarters of 2024. Completion of construction, occupancy license, and home delivery are expected between the first and second quarters of 2026. Finally, the company’s dissolution and profit distribution to investors are estimated between the second and third quarters of 2026.

    As always, feel free to reach out with any questions about the project at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

  • Hortaleza: Urbanitae’s first success story

    Hortaleza: Urbanitae’s first success story

    Since Urbanitae began operating in June 2019 as a crowdfunding platform authorized by the CNMV, many projects have been successfully financed. However, undoubtedly, one of them holds special significance for us: Hortaleza, the first operation we launched immediately after receiving authorization. It involved the development of a new residential project in this Madrid district.

    The project’s developer, Home First, is a company comprised of real estate professionals with nearly 20 years of experience, specializing in small and medium-sized developments with an exclusive product offering.

    The project entailed the construction of 7 homes and parking spaces in the Canillas neighborhood, northwest of the capital, with convenient access to the M-30 and M-40 highways. The work included the demolition of an existing building to make way for the new homes and garages.

    Significantly improved IRR by 17 points

    A total of 53 investors ultimately participated in financing this first Urbanitae project openly, with a contribution of €615,000. The financing was based on a capital gains strategy, and investors became shareholders in proportion to their contribution to the project. The capital and interest were repaid in March 2021, 21 months later.

    The initial estimated return was 35% over 23 months with an IRR of 18%. Ultimately, though the total return for investors was 24.9%, the timeline was shortened by two months, and the IRR was significantly improved, going from the initial 18% to the final 35%. This significant increase in the IRR was due to an early capital return (where most of the profitability was returned to investors), followed by a surplus payment at the 21-month mark.

    The success of this development was marked by various factors:

    • The project was promoted by Home First Real Estate, a developer led and conceived by investment and real estate promotion specialists with a long track record.
    • Home First managed the entire development and contributed 50% of the necessary capital for its realization. The remaining 50% was invested through Urbanitae.
    • The residential development is located in the northwest area of the capital, where there is high demand for flats, especially among the younger population, and where housing prices are more moderate than in the city center. It is also an area of interest for retail investors looking for residential properties to buy and rent.

    Home First’s commitment to crowdfunding

    Following the positive reception of this development, Home First once again placed its trust in Urbanitae and collaborative investment, with a new project just two years later: a loan for the development of a residential project – 9 homes, 6 parking spaces, and 9 storage units – in La Latina, in the Lucero neighborhood, just minutes from Madrid’s Casa de Campo.

    This new success for Urbanitae once again confirms that crowdfunding is a reliable financing formula as an alternative to bank financing, and it is also a great opportunity for any investor to participate in significant projects and benefit from high returns. If you want to become part of Urbanitae’s investor network, you can register and explore all our projects here. If you have any questions, you can contact us at contacto@urbanitae.com or by phone at 911 23 25 22.

  • Invest in Ibiza with granted building permit

    Invest in Ibiza with granted building permit

    This week we present a new capital appreciation project in Ibiza with a granted building permit. It will open for financing next Thursday, November 30th, at 4:00 PM.

    The Roca Llisa project involves the development of a promotion of 3 luxury villas located in the Roca Llisa urbanization (Ibiza).

    More specifically, the development is located in the Roca Llisa urbanization (Ibiza).

    Roca Llisa will be the fourth project financed by RTV GRUPO INMOBILIARIO through URBANITAE, following the Passeig de la Pau, Residencial Labritja, and Parc Can Fluixà developments located in Santa Eulalia del Río and Sant Joan (Ibiza).

    Granted building permit

    With this project, a capital appreciation strategy will be implemented, involving a partnership with the developer for the development of a promotion located in the Roca Llisa urbanization (Ibiza). Urbanitae investors’ contributions will be delivered to the developer through a capital increase to the vehicle company that will pool all the contributions from Urbanitae investors.

    The manager has entered into an exclusive earnest money contract with the owner of the plot on which the development will take place, which is free of charges. The project also has a granted building permit, allowing construction work to begin once external financing has been formalized.

    In this video, Vicente Ramón Tur, president of RTV Grupo Inmobiliario, Pau Ramón, expansion director of RTV Grupo Inmobiliario, and Diego Bestard, CEO of Urbanitae, explain the key aspects of the project.

    Return in 28-32 months

    The project has an estimated duration of between 28 and 32 months. The capital increase and land acquisition are expected between the fourth quarter of 2023 and the first quarter of 2024. The start of construction work is estimated between the first and second quarters of 2024. The completion of construction, occupancy license, and delivery of homes are expected between the first and second quarters of 2026. Finally, the dissolution of the company and distribution of profits to investors are estimated between the second and third quarters of 2026.

    As always, feel free to reach out with any questions about the project at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

  • New project in Alicante with granted building license!

    New project in Alicante with granted building license!

    We present to you a new capital appreciation project in Alicante with a granted building license. It will open for financing next Tuesday, November 21st, at 4:00 PM.

    The Allonbay Aura project involves the development of a residential promotion of new construction, located on the beachfront, comprising 25 homes with a parking space and storage room.

    More specifically, the promotion is located in the northern part of Villajoyosa, in a sector called Allonbay, between the city center and Benidorm (Alicante).

    For this project, we will collaborate with Quadratia, a real estate developer with over 40 years of experience in the real estate promotion sector.

    56% of the promotion reserved

    With this project, a capital appreciation strategy will be implemented. The contribution from Urbanitae investors will be €3,525,000, which will be delivered to the developer through a capital increase in the vehicle company that will gather all the contributions from Urbanitae investors. This company will later increase €3,520,000 in capital in the project’s development company. The remaining €5,000 in the financing campaign will be kept in the vehicle company to cover the operating expenses of the company.

    The developer has an exclusive option to purchase the land on which the promotion will be developed. In addition, the building license has already been granted.

    Furthermore, the project has cash reserves in 14 of the 25 homes that make up the promotion (56%).

    In this video, Sandra Bertomeu, director of sales for the international area at Quadratia, and Diego Bestard, CEO of Urbanitae, explain the key points of the project.

    Return on investment in 22-26 months

    The project has an estimated duration of between 22 and 26 months. In the fourth quarter of 2023, the capital increase and land acquisition are expected. The start of construction work is estimated between the first and second quarters of 2024. Completion of construction, issuance of the first occupancy license, and home delivery are expected between the third and fourth quarters of 2025. Finally, between the fourth quarter of 2025 and the first quarter of 2026, the dissolution of the company and distribution of profits to investors are estimated.

    As always, feel free to reach out with any questions about the project at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

  • Invest in new construction promotion in Santander

    Invest in new construction promotion in Santander

    We return to Cantabria to present a new investment opportunity for a new construction promotion in Santander. Funding will open next Friday, November 17th, at 12:00 PM.

    The Tesla project involves the development of a new residential construction promotion comprising 80 multi-family homes with 1, 2, and 3 bedrooms and 1 commercial space in the Peñacastillo neighborhood of Santander. The promotion also includes 80 parking spaces and 36 storage rooms.

    Specifically, the promotion is located in Peñacastillo, Santander, on Carmen Bravo Villasante Street, 2. Peñacastillo is one of Santander’s new urban development areas. This residential area has undergone significant transformation in recent years to provide public services, urban transportation, sports centers, parks, playgrounds, as well as access roads from two highways and a variety of shops and entertainment venues.

    For this project, we are once again partnering with Grupo Tecniobras, a real estate developer with whom we have previously financed another project, the Chelsea project, currently in its final stages awaiting the completion of home deeds and investment settlement.

    31% of reservations formalized

    With this project, a capital gains strategy will be implemented. The contribution from Urbanitae investors will be €2,045,000, which will be delivered to the developer through a capital increase in the vehicle company that will gather all the contributions from Urbanitae investors. This company will subsequently increase €2,040,000 in capital in the project’s promoting society. The remaining €5,000 in the fundraising campaign will be retained in the vehicle company to cover the operating expenses.

    The promoter has an exclusive earnest money contract signed with the current owner of the land on which the promotion will be developed, which is free of charges. The building permit has already been requested, and its concession is expected to take place imminently, before the end of the year. After that, it is anticipated that construction work will commence in the first or second quarter of 2024, once the sales percentage requested by the banking entities is reached, and the promoter loan is signed.

    Furthermore, marketing has already started, with cash reservations in 25 of the 80 homes that make up the promotion (31%). Additionally, the commercial space of the promotion has been leased.

    In this video, Regina Gómez from the commercial department of  Grupo Tecniobras and Diego Bestard, CEO of Urbanitae, explain the key aspects of the project.

    Profitability in 28-32 months

    The project has an estimated duration of between 28 and 32 months. In the fourth quarter of 2023, the capital increase and land acquisition are expected. Between the first and second quarters of 2024, the commencement of construction work is estimated. Between the fourth quarter of 2025 and the first quarter of 2026, the completion of construction, the issuance of the occupancy permit, and the delivery of homes are expected. Finally, between the first and second quarters of 2026, the liquidation of the company and the distribution of profits to investors are estimated. As always, feel free to reach out with any questions about the project at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.