Urbanitae Blog | The best real estate investment news

Category: Projects

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

  • Las Lagunas de Mijas: 13.9% Return in 15 Months

    Las Lagunas de Mijas: 13.9% Return in 15 Months

    Urbanitae has successfully repaid the Las Lagunas de Mijas project, a debt operation on the Costa del Sol that enabled more than 1,700 investors to recover their capital plus interest. In total, €4.4 million has been distributed.

    Project Results

    Here is a summary of the project’s closing figures:

    • Estimated term: 18 months
    • Final term: 15 months
    • Estimated CoC: 15.75%
    • Final CoC: 13.9%
    • Estimated IRR: 10.5%
    • Final IRR: 10.3%

    As explained in the project presentation, the reference term for the estimated return was set at 18 months, since the contract included an initial 12-month period with an option to extend for an additional 6 months. Therefore, although the project closed in 15 months, this does not represent an improvement over the initial forecast.

    What Did the Project Involve?

    The Las Lagunas de Mijas project consisted of granting a loan to the developer Nuovit to finance part of the land acquisition and associated urban planning expenses in one of the most dynamic residential areas of the Costa del Sol.

    The operation was conceived as an initial step toward the development of a residential complex in a strategic location, well connected to Málaga, Marbella, and the rest of the coast. In this type of debt operation, Urbanitae investors participate in an early stage of the project, taking on limited risk thanks to the guarantees in place.

    A Loan with Guarantees

    Investors were backed by a solid security structure:

    • First-rank mortgage on the asset.
    • Pledge of the shares of the landholding company.
    • Control pledge over the bank accounts of said company.

    Málaga: A Hub for Investment

    This was Urbanitae’s second project in the municipality of Mijas, where we have now financed three operations. The area is one of the most active real estate markets on the Costa del Sol, with strong housing demand.

    Overall, in the province of Málaga alone, Urbanitae has financed more than €145 million across over 50 operations, contributing to the development of over 2,100 homes. These figures confirm Málaga’s strategic importance within the Spanish residential market and the confidence investors place in projects developed in the region.

    A Positive Outcome

    With this repayment, Urbanitae adds another project successfully completed in line with expectations, strengthening investor confidence in our real estate financing model.

    The case of Las Lagunas de Mijas confirms that real estate crowdfunding is an effective tool for channeling investment into solid projects, with guarantees and attractive returns.

  • Adaptis: when a project doesn’t go as expected

    Adaptis: when a project doesn’t go as expected

    At Urbanitae, we always emphasize that real estate investment, like any other type of investment, carries risks. Not all projects meet their initial forecasts and, at times, the outcome can differ greatly from what was expected. This is what happened with Adaptis, a development of 20 single-family homes in Valladolid launched in 2021 and closed in July 2025 with a final return of 0%.

    Although this is not the desired outcome –the initial forecast projected a gross return of 40% and an IRR of 18%– the project offers an important takeaway: thanks to Urbanitae’s constant management alongside the developer, it was possible to fully preserve investors’ capital and avoid losses.

    What Happened in the Adaptis project?

    The project began in 2021 with a valid building permit and a planned timeline of 26 months. However, a series of setbacks during its development doubled the timeline to 53 months:

    • Rising costs and supply shortages: the pandemic and the geopolitical crisis increased material prices and caused delivery delays.
    • Change of contractor: in 2022, the initial contractor (CHR) filed for bankruptcy. The project had to be relaunched with a new contractor (ACR), which meant additional time and significant extra costs.
    • Commercial lag: despite marketing efforts and the launch of a show home, sales did not progress as expected. By 2023, only 23 of the 33 homes had preliminary sales agreements, forcing discounts in the final stages.
    • Rising financial costs: higher interest rates and the extended timeline increased financing and management expenses.

    In the end, revenues slightly exceeded projections, but construction, financing, and sales overruns completely absorbed the margins. The result: a final return of 0%.

    Management as a Key Differentiator

    In situations like this, Urbanitae’s absolute priority is the protection of investor capital. From the deed of the last home in March 2025, all negotiations focused on ensuring a reasonable settlement and avoiding the risk that the project company would be tied up with provisions exceeding €200,000, which could have delayed repayment by years.

    The outcome was not as expected, but it reflects Urbanitae’s commitment to accompany each project from day one until final closure, always seeking to minimize risks and ensure the most orderly exit possible. After countless negotiations, the decision was made to exit without profit –yes–, but also without risk for investors.

    Lessons for the Future

    Adaptis illustrates how external factors –pandemic, material shortages, construction inflation– can impact even well-planned projects. But it also demonstrates how rigorous management can limit damage and protect what matters most: capital.

    At Urbanitae, we continue to strengthen our selection and monitoring criteria, incorporating every experience to improve in the future. Because investing carries risks, but also lessons that allow us to grow as a platform and as an investor community.

  • Invest in 52 Single-Family Homes on the Costa del Sol

    Invest in 52 Single-Family Homes on the Costa del Sol

    Urbanitae launches a new real estate co-investment opportunity on the Costa del Sol in partnership with Top Gestión, one of the most active developers in the El Higuerón area (Fuengirola, Málaga). This is the Kala project, a development of 52 single-family homes with high-end communal areas: two outdoor swimming pools, a gym, multipurpose room, and landscaped gardens.

    You can invest starting Monday, August 25 at 12:00h (UTC+2). Here are the details.

    A privileged location on the Costa del Sol

    The project is located in El Higuerón, one of the most dynamic residential areas between Fuengirola and Benalmádena. This location stands out for its panoramic sea views, quick connections to the A-7 motorway and Málaga airport, and a wide range of high-quality services such as the Higuerón Curio Collection by Hilton hotel.

    The development takes advantage of the natural slope of the plot, allowing most homes to enjoy sea views. Each unit will feature three bedrooms, a private garden, and a layout across basement, ground, and first floors.

    A proven developer

    The project’s developer is Top Gestión, a company specialized in residential development with a portfolio of more than 2,300 homes and over 500 developed in the El Higuerón area. The firm has worked in strategic markets such as Marbella, Málaga, Ibiza, Madrid, and Alicante, with a clear focus on sustainable, high-quality new-build housing.

    Urbanitae has already partnered with Top Gestión on the El Higuerón TB51 and El Higuerón TB65 projects, both successfully funded through the platform.

    Preferred IRR of 12%

    The Kala project follows a capital appreciation scheme through a capital increase in the development company. The total planned investment for this first phase amounts to 5 million euros. Top Gestión will initially contribute 50% of the capital, and a second funding round by Urbanitae is expected later, once phase 2 of the project reaches greater maturity.

    The profitability is structured with a preferred right for Urbanitae investors to receive a 12% net annual IRR before the developer and its partners. Above a 15% IRR, the developer shares in the profits through a promote system linked to sales volume.

    Urban planning progress and project phases

    The development will be divided into two phases:

    • Phase 1: Construction of 31 homes across four blocks, plus communal areas. The building permit has already been granted, and work is scheduled to begin in 2026.
    • Phase 2: Development of the remaining 21 homes in three blocks. The license is being processed and is expected in the second quarter of 2026.

    Urbanitae investors will recover their invested capital and part of the profits upon delivery of Phase 1 (months 32-36 of the project), with the remainder distributed after Phase 2, expected between months 36 and 40.

    Marketing will be handled by Prime Invest, a well-established agency on the Costa del Sol, Granada, and Ibiza, currently managing more than 1,250 homes for sale. In addition, the project already has approved bank financing from a leading national institution, further strengthening the security of the operation.

    Estimated timeline

    The project’s duration is estimated at 36–40 months:

    – Q3 2025: Capital increase, acquisition of the asset, and start of marketing.
    – Q1 2026–Q2 2026: Start of construction works for Phase 1.
    – Q4 2026–Q1 2027: Start of construction works for Phase 2.
    – Q2 2028–Q3 2028: Completion and delivery of Phase 1 homes. Capital distribution to investors.
    – Q4 2028–Q1 2029: Completion and delivery of Phase 2 homes. Profit distribution to investors.

    Why invest in the Kala Project?

    • Leading developer, with over 500 homes developed in El Higuerón.
    • New-build project in one of the most sought-after residential areas of the Costa del Sol.
    • Building permit granted for Phase 1.
    • Sales managed by Prime Invest, with proven expertise in the area.
    • Secured bank financing.
    • Alignment of interests: the developer is investing its own capital in the project.

    Any questions?

    On Friday, August 22 at 12:00h (UTC+2) we will host a webinar with the project developer, where you can ask any questions. You can also reach us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

    👉 With the Kala project, Urbanitae strengthens its presence on the Costa del Sol and offers investors the chance to participate in a real estate development with strong demand potential, a leading developer, and a preferred return structure.

  • New Debt Opportunity in Marbella with 10.5% Annual Return

    New Debt Opportunity in Marbella with 10.5% Annual Return

    On Thursday, August 21 at 12:00 p.m. (UTC+2), Urbanitae will launch financing for a new debt project in Marbella: Alcalá 4 Golf, a luxury villa under construction located in the exclusive Nueva Andalucía residential area.

    This is the fifth project in collaboration with Cogitari Homes, a developer with extensive experience on the Costa del Sol, following Villa Alcalá, Gate 3, Pinares de San Antón, and Hills 14.

    A Luxury Villa in Nueva Andalucía

    The Alcalá 4 Golf project consists of the construction of a detached single-family villa on a 1,458 m² plot, with a total built area of 1,468 m² spread across four levels. The villa will feature:

    • 5 bedrooms and 6 bathrooms
    • Outdoor pool and garden
    • Underground parking
    • Wine cellar, gym, spa, and games room
    • Privileged views of the Real Club de Golf Las Brisas and the mountains

    Construction began in April 2025 and is currently 10–15% complete. The building permit was granted in November 2024.

    Transaction Details

    The project is structured through a mortgage loan granted in three tranches, with a total amount of up to €5,100,000. In addition, the developer is committing a total of €2.8 million in equity to the project.

    Tranche A, which is now open, amounts to €2,185,000, under the following terms:

    • 10.5% simple annual interest
    • 24-month term, with the possibility of a 12-month extension
    • Principal and interest paid at maturity
    • Minimum return equivalent to 18 months of interest (15.75%)

    The loan is secured by the following guarantees:

    • First-ranking mortgage on the financed property (with 150% mortgage liability)
    • Pledge of the borrower’s shares
    • Pledge of the borrower’s bank accounts
    • Mandate to sell the asset in case of default

    As with all Urbanitae debt projects, an independent project monitor will supervise the construction and validate milestones before authorizing disbursements.

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

    Why Invest in Alcalá 4 Golf

    Here are the main highlights of Alcalá 4 Golf:

    • 10.5% annual return, with a guaranteed minimum of 18 months’ interest
    • Luxury asset in a prime location: Nueva Andalucía, one of Marbella’s most exclusive residential areas
    • Experienced developer with a proven track record on the Costa del Sol
    • Construction already underway, with 10–15% progress made
    • Fifth collaboration with Urbanitae, reinforcing confidence in the developer

    Expected Timeline

    The estimated term of this project is 24 months, with a possible 12-month extension at month 24.

    • August 2025: loan granted
    • Q1 2027: construction completed
    • Q2–Q3 2027: villa sold and loan repaid to investors

    Any questions?

    As always, you can reach out to us with any questions about the project or any other aspect of investing. We’ll be happy to help you at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

    Take the step and invest in Marbella luxury real estate with a total return of 21%.

  • Urbanitae successfully closes three residential projects

    Urbanitae successfully closes three residential projects

    At Urbanitae, we remain committed to transparency in our projects, providing timely updates on their results. Today, we’re pleased to share some good news: Urbanitae has successfully closed three residential projects: Residencial Arquerías, Residencial Santa Inés, and Santa Hortensia 58. Together, these projects have generated positive returns for our investors, demonstrating the effectiveness of our strategy and the value of our rigorous opportunity selection process.

    Residencial Arquerías: anticipation and efficiency in Zaragoza

    The Residencial Arquerías project, located in Zaragoza, consisted of a development loan granted for the construction of a residential building. The initial projection estimated a total return of 22% with an IRR of 10.4% over a 24-month term.

    In the end, the project exceeded expectations in terms of timing, returning capital early in just 17 months, with a total return of 16.9% and an IRR of 10.7%. This result showcases the manager’s ability to anticipate projected timelines and efficiently manage the received financing.

    Residencial Santa Inés: quick return close to expectations

    The Residencial Santa Inés project in Málaga also demonstrated excellent execution. The development loan used to finance this residential project had an expected term of 14 months and an estimated total return of 15.17%.

    Ultimately, the manager repaid the loan early, in just 13 months, delivering a total return of 14.08%, very close to the initial estimate, and an IRR of 12.95%, slightly above the originally projected 12.86%. Efficient management enabled investors to achieve attractive returns in less time than anticipated.

    Santa Hortensia 58: active management amid setbacks in Madrid

    The Santa Hortensia 58 project in Madrid was a capital gains investment that required particularly active management due to unforeseen challenges during execution. Initially expected to last 20 months, with an estimated total return of 31.5% and an IRR of 17.9%, the project eventually extended to 40 months.

    Despite the extended timeline—mainly due to urban planning and administrative delays—the project still achieved a total return of 26.3%. The resulting IRR was 7.6%, below initial estimates, but noteworthy for having protected investors’ capital and delivered a positive return despite adverse circumstances.

    In this case, Urbanitae has closed three projects demonstrating strong management capabilities, responding swiftly and transparently, and working closely with the developer to resolve issues and minimize their impact on returns.

    Urbanitae closes rhree projects: committed to continuous improvement

    Each project financed through Urbanitae is a learning opportunity that helps us improve our selection and management criteria. We are increasingly rigorous in evaluating and approving the projects that appear on our platform, always prioritizing the protection of our investors’ capital.

    Thanks to this continuous commitment, Urbanitae has fully returned 65 projects to date, with a total volume exceeding €94 million. This amount has been distributed among more than 38,000 investors, achieving an average IRR of 12.5%. Notably, no project to date has resulted in losses for our investors.

    With these figures, we continue to solidify our position as leaders in collective real estate investment, reaffirming our absolute commitment to transparency, high-quality project selection, and active capital protection.

    Thank you for trusting Urbanitae.

  • Coliving in Sants: debt project at 10% annual interest

    Coliving in Sants: debt project at 10% annual interest

    This Thursday, July 24 at 4:00 p.m. (UTC+2), we’re opening for financing a new debt project on Urbanitae. It’s a €3,005,000 loan to refinance a 27-room coliving space in the Sants neighborhood of Barcelona. With a fixed annual interest of 10% and an initial term of 12 months, this opportunity comes with a first-rank mortgage and additional guarantees. The investment ticket will be limited to a maximum of €3,000 per investor.

    On Wednesday, July 23 at 12 p.m. (UTC+2), we’ll host a new online session to analyze the project together with Maximilian Beltrame, CEO of Bel Invest.

    A completed coliving, ready for operation

    The asset backing this loan is a six-story, 1,360 m² building whose construction has recently been completed. The residence will offer 27 rooms with private bathrooms and kitchens, as well as shared spaces including a gym, coworking area, chillout terrace, shared kitchen, and reception areas.

    Located at 77 Gavà Street, in the Sants-Montjuïc district, the building is close to Sants Station, Palau Sant Jordi, the University of Barcelona, and other key points of the city. The area is in high demand among young professionals and digital nomads seeking temporary rentals.

    Currently, the Sants project has obtained its final construction certificate and is in the process of securing the first occupancy license, expected by October 2025. The residence is scheduled to open in the first quarter of 2026.

    An experienced operator: BelVillage

    The project is managed by BelVillage, an international coliving operator with assets in Barcelona, Berlin, and Italy, and part of the real estate group Bel Invest. In Spain, BelVillage manages two coliving residences in Barcelona — Diputació and Aurora — and the Sants project will be their third opening in the city.

    The company provides centralized management based on technology and operational efficiency, allowing them to optimize costs and deliver a high-quality experience for residents. The building was acquired in 2015, and development began in 2023 after consolidating other projects in the portfolio.

    Structure and guarantees of the operation

    Urbanitae investors will grant a first-lien mortgage loan to Barcelona Smart Invest S.L. for a total of up to €3,005,000. The capital will be used to refinance the previous development loan and complete the furnishing and equipping of the property.

    The loan has a fixed annual interest rate of 10% and an initial term of 12 months, with two optional six-month extensions. Interest and principal will be paid at maturity, with a minimum return equivalent to 9 months of interest.

    The guarantees include:

    • First-rank mortgage on the asset with a 130% mortgage liability
    • First-ranking pledge on the rights to collect future rental income
    • First-ranking pledge on the project’s operational account

    This video explains the key points of the project.

    Why invest?

    The Sants project combines several attractive features:

    • Completed asset in the process of obtaining operational licenses
    • High demand in Barcelona for short- and medium-term coliving
    • Fixed 10% annual interest, with a minimum return of 7.5%
    • Experienced operator in coliving development and management
    • First-lien real guarantees

    In addition, a market study and external due diligence support the pricing strategy proposed by the manager for this asset.

    Investment recovery

    The investment is expected to be repaid in July 2026 through bank refinancing, once the asset has obtained the required licenses and starts generating operational income. The estimated timeline is:

    • July 2025: loan granted
    • October 2025: first occupancy license obtained
    • Q1 2026: residence opens
    • July 2026: repayment via bank loan

    Risks to consider

    As with any investment, there are risks, mainly related to administrative timelines for obtaining licenses. However, the manager is experienced and the building has already been completed. Additionally, the loan is backed by real guarantees.

    This project will be available starting Thursday, July 24 at 4:00 p.m. (UTC+2). Don’t miss the opportunity to invest in a completed asset, in a strategic location, with a proven operator!

    Any questions? Join the webinar with the developer on Wednesday, July 23 at 12 p.m. (UTC+2). Sign up now!

  • Invest in a luxury villa in Marbella with a 9.75% annual return

    Invest in a luxury villa in Marbella with a 9.75% annual return

    We’re back in Marbella with a new investment opportunity. It’s a city where we’ve already financed 17 projects totaling more than 47 million euros. This time, we present the Los Monteros project, a debt operation to finance the final phase of a luxury villa in one of the most exclusive residential areas on the Costa del Sol. You’ll be able to invest starting on Tuesday, July 22 at 4:00 p.m. (UTC+2).

    The investment offers a fixed annual return of 9.75% and an estimated term of 18 months, with the option to extend it by an additional 6 months. Capital and interest will be repaid at the end of the loan term.

    We’ll also host an informative webinar on Monday, July 21 at 12:00 p.m. (UTC+2) to answer any questions you may have about the project.

    A luxury villa just 400 meters from the sea

    The Los Monteros project involves granting a €2,900,000 loan to complete the construction of a new-build luxury villa located in the exclusive Los Monteros residential area, east of Marbella. Construction is currently over 70% complete, and the loan will be used to refinance a previous mortgage loan and cover the remaining construction, furnishing, and contingency costs.

    The villa is spread over four levels (including a basement) connected by an elevator and includes five en-suite bedrooms, a sixth additional bathroom, a rooftop terrace of over 200 m² with barbecue, solarium, and pool, a basement leisure area, garden, terrace, and outdoor pool. All finishes are top-of-the-line: underfloor heating, centralized air conditioning, fully equipped kitchen, fireplace, and more.

    The property is currently listed for €6.5 million and is expected to reach a selling price of €7 million once fully furnished. This estimate is supported by an independent commercial due diligence.

    Prime location on the Costa del Sol

    Los Monteros is one of the most sought-after areas in Marbella. It offers 24-hour security, spacious green areas, and direct beach access. The villa featured in this project is currently the only new-build home available in the area, just 400 meters from the sea, with views from the top floor.

    All kinds of amenities, restaurants, and hotels are within a five-minute walk. The location is also well connected to key Costa del Sol destinations: just 10 minutes from central Marbella and 40 minutes from Málaga Airport.

    Developer with international experience

    The project is led by Luxury Villas Marbella, a company founded by six partners with extensive experience in real estate development and promotion in countries such as Spain, France, Italy, Poland, Peru, and Chile.

    The developer has already contributed over €1,850,000 toward acquisition, purchase costs, construction, and financial expenses. Urbanitae will provide up to €2,900,000 through a single debt tranche to complete the villa.

    Loan terms and guarantees

    The investment is structured as a fixed-rate loan, with the following main terms:

    Amount:
    €2,900,000

    Term:
    18 months (extendable by 6 months)

    Annual return:
    9.75%

    Interest and capital:
    At maturity

    Minimum guaranteed return:
    9 months of interest

    Guarantees:

    • First-rank mortgage on the villa
    • First-ranking pledge on the shares and accounts of the owning SPV
    • Irrevocable sale mandate for the asset at a 20% discount to current valuation if key milestones are not met

    As with all Urbanitae debt projects, a project monitoring figure will be in place to oversee construction progress and validate the monthly loan disbursements.

    Why invest in Los Monteros?

    • Exclusive asset: new-build villa with sea views in Marbella’s most coveted area
    • 9.75% annual return
    • Strong guarantees: first-rank mortgage, pledges, and sale mandate
    • Robust coverage ratio: 41% LTV and LTC below 65%
    • Construction over 70% complete

    Estimated timeline

    The estimated term of this project is up to 18 months.

    Phase Date
    Loan issuance July 2025
    Construction completion Q4 2025
    Villa sale During 2026
    Investment repayment Q4 2026

    Any questions?

    Join our webinar on Monday, July 21 at 12:00 p.m. (UTC+2), where the Urbanitae team will go over every detail of the project.

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

    Don’t miss this opportunity to invest in a luxury villa in Marbella with Urbanitae. Save the date!

  • Residential Investment with 88% Pre-Sold in El Molar (Madrid)

    Residential Investment with 88% Pre-Sold in El Molar (Madrid)

    We’re kicking off the second half of July with a new real estate investment opportunity. This time, we’re heading to the north of Madrid, to El Molar, to take part in the development of a 68-unit multifamily residential project in a growing, high-demand area. Financing for the Residencial La Mola project will open for investment on Friday, July 18 at 12:00 p.m. (UTC+2).

    New Homes, Nearly All Already Sold

    The Residencial La Mola project involves the construction of 68 two- and three-bedroom units, each with a parking space and storage room. The homes will be distributed in a multifamily building located in El Molar, a municipality in the north of the Community of Madrid that combines residential growth with a natural setting and has excellent access via the A-1 motorway, just 38 km from the capital’s city center.

    One of the project’s biggest strengths is its advanced sales status: 60 of the 68 homes are already reserved, representing 88% of the total. In addition, the project already has a granted building permit and bank financing secured with a top-tier financial institution, which reinforces its viability.

    The Developer: Experienced in the Madrid Market

    The project will be developed by Nero Quality Consulting, a Madrid-based developer specializing in residential projects in both build-to-sell and build-to-rent formats. With a track record that includes developments in municipalities such as Torrejón de Ardoz, Pozuelo, Fuenlabrada, and Coslada, Nero Quality Consulting relies on a multidisciplinary team and a clear strategy: to build in high-demand areas with strong potential for property value appreciation.

    In this case, the developer is partnering with Urbanitae’s investors to finance the land acquisition and cover costs not included in the bank financing, which will fund the construction and part of the technical costs.

    How Is the Investment Structured?

    The operation is structured through a capital increase in the SPV Bayaz Properties 7 S.L., which will then invest in the development company La Mola Habitat S.L. The total contribution from Urbanitae investors will amount to €2,210,000, of which €10,000 will be allocated to cover SPV management costs.

    The developer will contribute 20% of the total project equity, which amounts to €2,750,000. Construction is scheduled to begin in the third quarter of 2025, and the delivery of the homes is estimated for the third quarter of 2027. We’ve agreed with the developer on a preferred IRR of 13% for Urbanitae investors.

    Key Reasons to Invest

    Here are the project’s main strengths:

    ✅ Very advanced sales status: 88% of the homes already reserved.
    ✅ High-potential location: El Molar, north of Madrid, with strong road access.
    ✅ Building permit granted and bank financing secured.
    ✅ 13% preferred IRR for Urbanitae investors
    ✅ Experienced developer with skin in the game, aligning interests with investors.
    ✅ New-build homes in an area with limited housing supply.

    What Return Can I Expect?

    In compliance with regulations, Urbanitae cannot publish specific return projections for equity projects. However, you can get an idea of the expected performance by reviewing the favorable scenario in the project’s investment sheet, where projected revenues, costs, and total capital contributions are compared.

    You can also consult the valuation report from Básico Real Estate, an independent advisory firm that confirms the developer’s sales price expectations.

    When Will I Get My Investment Back?

    The estimated duration of the project is 26 to 28 months:

    • Q3 2025: Capital increase, land acquisition, and start of construction.
    • Q3 2027: Completion of construction and delivery of homes.
    • Q4 2027: Distribution of profits to investors.

    As with all real estate development projects, these timelines are subject to change depending on market conditions or construction progress.

    Want to Learn More?

    Don’t miss the project webinar on Thursday, July 17 at 1:00 p.m. (UTC+2). We’ll answer all your questions alongside the developer. You can also reach us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

    Residencial La Mola is a great opportunity to invest in a new-build residential project in Madrid with high demand, a building permit already granted, and a high level of pre-sales that significantly reduces commercial risk. See you this Friday, July 18 at 12:00 p.m.!

  • New Project! 10.25% Annual Return in Marbella

    New Project! 10.25% Annual Return in Marbella

    We’re back on the Costa del Sol with a new investment opportunity. Urbanitae will open funding for the second tranche of the Jacaranda project—a development of two independent luxury villas in Nueva Andalucía, Marbella—on Tuesday, July 15 at 4:00 p.m. (UTC+2). Investment in this project will be limited to a maximum of €1,000 per investor.

    This Tranche B of the loan, amounting to €1,190,000, offers a fixed annual return of 10.25%, equivalent to a total return of 14.52% over 17 months. It is structured as a debt investment, with interest and principal paid at maturity, and backed by first-rank guarantees.

    An Exclusive Development in a Prime Location

    The Jacaranda II project involves the transformation of a single-family villa into two independent luxury homes, each with three bedrooms, five bathrooms, a gym, games room, pool, outdoor kitchen and barbecue area, as well as private terraces and gardens. The villas already have segregation and building permits, and construction—launched after Tranche A was funded in November 2024—is already over 30% complete.

    The project is located in Nueva Andalucía, within the prestigious Las Brisas Frontline Golf area—one of the most sought-after neighborhoods in Marbella. This setting combines privacy and nature with proximity to golf courses, shops, beaches, and all the amenities that make Marbella one of the most exclusive destinations on the Costa del Sol.

    A Management Team with International Experience

    The project is managed by Influence Property, an independent developer specializing in residential and leisure projects in the UK, Spain, and Italy. The team has a proven track record in the development and renovation of residential and hotel assets, with past successes including a project in La Zagaleta with a 2.5x return, and two projects in London with a 1.8x return on equity.

    In the case of Jacaranda, the developer has contributed close to €2 million of its own capital, covering 100% of the acquisition and structuring costs. Moreover, the original asset—valued at €1 million—was acquired nearly 20 years ago, adding significant strength to the investment case.

    Attractive Returns with First-Class Guarantees

    Urbanitae investors will participate by granting a fixed-rate loan, structured in three tranches. This Tranche B, with a 17-month maturity, includes:

    • Annual return: 10.25%
    • Estimated total return: 14.52%
    • Guarantees: first-rank mortgage over the two villas, pledge on the shares of the development company, and pledge on its bank accounts
    • Minimum guaranteed return: equivalent to 17 months of interest
    • Early repayment: allowed at any time, provided the minimum return is respected
    • Exit strategy: via the sale of just one villa, which fully covers the loan

    Watch this video for key insights on the investment opportunity.

    A Solid Opportunity in the Heart of Marbella

    Jacaranda II stands out for its low risk, thanks to the combination of:

    ✅ Prime location with strong demand
    ✅ Luxury asset with proven sales prices based on market research
    ✅ LTV ratio of 39% (excluding interest), well below risk thresholds
    ✅ Real guarantees and close project monitoring

    Additionally, the sales team will begin marketing the villas when construction reaches 70% completion, expected by September 2025.

    Estimated Timeline

     

    • July 2025: Tranche B funding and continuation of construction
    • Q2 2026: Completion of construction
    • Q4 2026: Sale of villas and repayment of the loan

    If you have questions about this project, you can watch the Tranche A webinar or contact us at contacto@urbanitae.com. We look forward to seeing you on Tuesday, July 15 at 4:00 p.m. (UTC+2) to take part in this new project in Marbella!

  • Project in Zaragoza: 15.75% Return in 18 Months

    Project in Zaragoza: 15.75% Return in 18 Months

    Urbanitae is launching a new debt project in Zaragoza, which will open for funding on Friday, July 11 at 12:00 PM (UTC+2). It is a bridge loan for the acquisition of land intended for the development of a residential project comprising 69 homes in the Valdefierro district.

    An informational webinar with Libra Gestión de Proyectos, the project manager, will be held on Wednesday, July 9 at 4:00 PM (UTC+2) to answer any questions about this investment.

    Due to the expected high demand, participation will be limited to a maximum of €3,000 per investor.

    A Residential Project in a Growing Area

    The Terrazas de Biel project consists of granting a loan of €3,520,000, with a fixed annual interest rate of 10.5% and a term of 18 months with no extension. The loan will partially finance the purchase of final-use land awarded to Libra Gestión de Proyectos in Sector U-57-6B of Valdefierro, Zaragoza. The operation will also cover part of the remaining urban development costs and the structuring costs of the loan.

    The land, owned by Sareb, already has development works underway, with 20% completed. Once acquired, the project will continue the urban development and apply for a license to build 69 multifamily cooperative housing units. The homes will have between 2 and 5 bedrooms and will include a parking space, storage room, landscaped common areas, indoor and outdoor swimming pools, a gym, and a children’s play area.

    The Developer: Libra Gestión de Proyectos

    The Terrazas de Biel project is led by Libra Gestión de Proyectos, a real estate management company with more than 25 years of experience and nearly 6,000 homes delivered. This is the fourth project Libra is developing with Urbanitae, following Juan de Austria and Mirador de la Estación in Madrid, and Residencial Benlliure in Valencia.

    Libra specializes in the comprehensive management of residential developments, with a strong presence in Madrid, the Valencian Community, Aragon, and Castile and León. The company currently manages over 1,300 homes and maintains close relationships with financial institutions, which it plans to use to refinance this loan once the building permit is obtained and 50% of the units (35 homes) are pre-sold.

    As of today, the project already has 40% of units reserved, with 28 of the 69 homes committed.

    Loan Terms

    The loan is structured in a single tranche, with the following terms:

    • Total loan amount: €3,520,000
    • Fixed annual return: 10.5%
    • Loan term: 18 months
    • Interest and principal paid at maturity
    • Minimum guaranteed return equivalent to 6 months of interest (5.3%)
    • Collateral: First-ranking mortgage on the land and pledge on the borrower company’s bank accounts

    Early repayment is permitted at any time, provided the minimum return is guaranteed.

    Watch this video to learn more about the project.

    Strategy and Timeline

    The loan will finance 70% of the land acquisition cost and 48% of the urban development costs. The land purchase is scheduled for July 2025. From there, development work will continue (expected to be completed by the end of 2025), and the building permit will be requested. Urbanitae investors will exit the project through bank refinancing, planned for March 2026, once the building permit is obtained and 50% of the homes are pre-sold.

    Why Invest?

    • Final-use residential land in Zaragoza with development already underway
    • Fixed annual return of 10.5%, with a minimum guaranteed return
    • Project already has an advanced commercialization level (40%)
    • First-ranking mortgage as collateral

    Market and Risks

    Valdefierro has become one of Zaragoza’s most active expansion areas, attracting young families thanks to its quality-price ratio. The project is well connected and surrounded by essential services.

    As with any investment, this opportunity carries risks: potential delays in commercialization, license approvals, or changes in initial conditions. In such cases, the full investment would be returned to investors.

    Reminder: The Terrazas de Biel project will open for investment on Friday, July 11 at 12:00 PM (UTC+2). For more details, join the webinar on Wednesday, July 9 at 4:00 PM (UTC+2) with the Libra Gestión de Proyectos team.

    Are you interested in this real estate investment opportunity with mortgage-backed security? Visit Urbanitae for more information.

  • Residential loan in Valencia with 13% return

    Residential loan in Valencia with 13% return

    At Urbanitae, we continue to focus on investment opportunities in locations with high residential demand. Today, we present a new debt project located in Albal (Valencia), which will open for funding on Friday, July 4 at 12:00 p.m. (UTC+2). This opportunity is structured as a single-tranche loan with an annual return of 13% over an 18-month term, with the option to extend for an additional 6 months.

    A value-added project from the initial phase

    The Albal project involves the partial financing of the purchase of three defaulted loans, whose first-ranking mortgage collateral is a plot of land in the town of Albal. The land is currently leased to a national supermarket chain as a surface-level parking lot. The funds provided by Urbanitae investors will be used to finance part of the acquisition and associated costs.

    The plan is divided into two phases. In Phase I, the manager – Viviz, a company with extensive experience in managing real estate assets in the province of Valencia – will aim to obtain ownership of the asset and terminate the current lease agreement. This may be achieved either through a negotiated settlement with the involved parties or, alternatively, by subrogating into the already court-approved foreclosure procedure.

    In Phase II, once ownership of the asset is secured, the manager will apply for a license to develop a residential project of approximately 200 homes. The land is already zoned for development and has a total buildable area of 17,511 m² on a plot of 3,670 m², with the possibility of underground parking.

    High-potential location in the Valencia metropolitan area

    Albal is part of l’Horta Sud, one of the most densely populated areas in the southern metropolitan region of Valencia. It benefits from excellent connectivity via the V-31 and A-7 highways. Additionally, a new Renfe commuter train station is under construction just 400 meters from the site, which will connect the area with central Valencia in under 15 minutes. This is a consolidated area with infrastructure, green spaces, and services, making it ideal for the development of multi-family housing.

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

    Investment terms

    Urbanitae investors will participate in the Albal project through a fixed-rate loan offering a 13% annual interest, and a total estimated return of 19.5% at maturity. The loan has an initial term of 18 months, extendable by 6 months if needed. Both principal and interest will be repaid at maturity.

    Additionally, there is a minimum guaranteed return equivalent to 9 months of interest, which means that even in the event of early repayment, investors will receive a minimum return of 9.75%.

    Security structure

    During the first phase of the loan, before the asset is awarded, the project will be backed by:

    • Corporate guarantees from the two parent companies of the borrowing entity (with a balance sheet > €8M and EBITDA > €700,000)
    • First-ranking pledge on the SPV’s shares and bank accounts

    Once the asset has been awarded, the guarantees will convert into:

    • First-ranking mortgage on the land
    • First-ranking mortgage on the parking spaces, if their acquisition from the supermarket is agreed
    • First-ranking pledge on the project’s shares and bank accounts

    Fourth project with Viviz

    This is Viviz’s fourth project on Urbanitae, and its second debt project. In 2024, it successfully repaid the Montesano project, which recorded the highest IRR to date for a residential debt project on Urbanitae (≈23%). Viviz’s management team has extensive experience, including previous roles at companies such as Grupo Llanera.

    Why invest in this project?

    • 13% annual return with minimum guaranteed yield
    • Project led by a proven, experienced manager
    • Fully zoned land in an area with strong development potential
    • Strong corporate and mortgage-backed guarantees
    • Clear exit strategies: either refinancing via development loan or asset sale

    Got questions?

    Join our webinar with the manager on Wednesday, July 3 at 12:00 p.m. (UTC+2) to get answers to all your questions about this project. Don’t miss it – it’s the best way to explore this opportunity in depth.

    Funding for the Albal project will open on Friday, July 4 at 12:00 p.m. (UTC+2) with a maximum investment ticket of €3,000 per user. If you have any questions, feel free to contact us at contacto@urbanitae.com or call us at (+34) 911 23 25 22.

    Don’t miss this chance to invest in a strategic project in Valencia!

  • Invest in Estepona’s Old Town with Urbanitae

    Invest in Estepona’s Old Town with Urbanitae

     

    At Urbanitae, we continue to focus on exclusive investment opportunities in premium locations. This time, we present Paraíso de Azahar, a debt project in Estepona (Málaga) offering investors an annual return of 11.25% through an 18-month loan, with a minimum interest period of 12 months. Funding will open on Thursday, July 3rd at 4:00 p.m. (UTC+2). Due to the expected high demand, participation will be limited to a maximum of €3,000 per investor.

    Exclusive location in Estepona’s old town

    This new project involves the acquisition of six adjoining registered units with a total built area of 1,145 m². The development will consist of 10 multi-family homes distributed across a ground floor and three upper floors, with layouts ranging from one to three bedrooms. Five of the units will feature private rooftop pools, and all will include a parking space. The project also includes the construction of 12 storage rooms.

    This is the only new-build residential development in Estepona’s old town, one of the most sought-after areas on the Costa del Sol. It is just two minutes from the iconic Plaza del Reloj and five minutes from the seafront promenade. The architectural design will respect the traditional style of the historic district, while incorporating top-quality finishes and modern features.

    A locally experienced developer

    The developer behind Paraíso de Azahar is ARG Promociones, a development and construction company with over 40 years of experience on the Costa del Sol. This is their second project with Urbanitae, following the successful funding of The Privilege in May 2025. ARG is collaborating with Complot Arquitectos, a studio specialized in high-end residential developments.

    ARG will contribute €574,583 in initial capital (36%), and if the loan is extended to partially finance construction (Tranche B), the developer will also provide the necessary additional capital. Marketing has already begun, with expectations to reach 60% in pre-sales within the first 18 months.

    Loan structure and terms

    The Urbanitae loan has the following terms:

    • Amount: up to €1,040,000, 100% funded by Urbanitae investors
    • Return: 11.25% annual (16.875% total at maturity)
    • Term: 18 months, with a guaranteed minimum of 12 months of interest
    • Repayment: at maturity (interest and principal)
    • Extension option: if part of the construction is financed, the loan can be extended for an additional 18 months (up to 36 months), with a minimum return equivalent to 30 months of interest and fees

    Robust security package

    The loan includes a strong collateral package:

    • First-ranking mortgage on the six registered units
    • First-ranking pledge on the borrower’s company shares
    • First-ranking pledge on bank accounts
    • Pledge of receivables from other ongoing projects by the developer (The Oak, Green Mountain I, Villa Infinity)
    • Joint and several corporate guarantee from the group’s construction company until the full validity of the building license is obtained

    You can find the key details of the project in this video.

    Why invest?

    We believe Paraíso de Azahar offers an excellent investment opportunity, for the following reasons:

    • Strategic location: the only new-build development in Estepona’s old town
    • Attractive return: 11.25% annual, with a 12-month guaranteed minimum
    • Experienced developer: ARG Promociones has a proven track record in Estepona
    • Strong demand: the product matches the most in-demand typology in the area
    • Solid guarantees: mortgage backing and additional guarantees from other projects

    Estimated timeline

    • July 2025: loan formalization and property acquisition
    • Second half of 2026: obtain building license and repay the loan via bank financing or, if the loan is extended, via unit sales during the construction phase

    Risk mitigation

    The project has undergone a thorough technical and commercial due diligence process. Potential risks such as delays in obtaining permits or securing external financing have been identified, but the business model incorporates safety margins, backup resources, and contingencies to help protect the investment.

    Reminder: All investments carry risk. At Urbanitae, we strive to minimize risk and structure solid projects with conservative margins and aligned developers. This project represents an excellent opportunity to invest in one of the most attractive locations on the Costa del Sol.

    Have questions? Ask them during the webinar we’re holding with the developer next Wednesday, July 2nd at 12 p.m. (UTC+2). You can reach us at contacto@urbanitae.com or (+34) 911 23 25 22. Don’t miss your chance to be part of this new project in Estepona!

  • New Project! Invest in 16 Semi-Detached Homes on the Costa del Sol

    New Project! Invest in 16 Semi-Detached Homes on the Costa del Sol

    Urbanitae returns to Benalmádena, one of the most in-demand locations on the Costa del Sol, with a new investment opportunity. This is Ocean View Homes, a capital gains project involving the development of 16 semi-detached homes, distributed in two phases, all with sea views. Interested in participating? The project will open for funding on our platform on Thursday, the 26th at 4:00 p.m. (UTC+2).

    The development includes 16 semi-detached houses, divided into two identical phases of eight units each. Each home will have three bedrooms, an average built area of 135 sqm, and a parking space. The first phase has already been a commercial success: all units are reserved. The second phase will go on the market next month.

    The development is located in Santángelo Norte, an elevated residential area in the municipality of Benalmádena (Málaga), with direct access to the A-7 and just 10 kilometers from downtown Málaga. It’s a growing area that combines tranquility, proximity to the beach, and spectacular views of the sea and mountains.

    An experienced developer

    The developer of Ocean View Homes is Alnasir, a real estate firm based in Córdoba that has become a benchmark in urban development in southern Spain. Alnasir has carried out residential and urban projects in some of the most sought-after areas of Andalusia, including Málaga, Seville, Córdoba, and the Costa del Sol.

    The developer already owns the land for the project and is contributing it to the development company at a value below its appraised worth. Additionally, the developer will contribute 25% of the total capital, ensuring alignment of interests with investors.

    Structure and investment strategy

    Ocean View Homes follows a capital gains strategy, through land acquisition and project development until the delivery of the homes.

    Urbanitae investors will contribute €1,200,000, plus an additional €10,000 set aside for administrative and management expenses. The project’s total equity amounts to €1,600,000 and will be supplemented by bank financing—already agreed with a top-tier financial institution—which will cover construction costs and part of the technical costs.

    Permits requested and financing secured

    Construction permits for both phases have already been requested, with approval for phase one expected between October and November. The execution plan calls for construction of phase one to begin in Q4 2025, and phase two to begin in Q2 2026. Full construction and delivery are scheduled for Q3 2027, with profits to be distributed in Q4 of that same year.

    Watch this video to learn more about the project:

    Key investment highlights

    • Prime location: The development is located on the Costa del Sol, an area with strong national and international demand.
    • Established developer: The project is led by a developer with a solid track record both locally and nationally.
    • First phase already sold: All units in phase one are reserved, reflecting strong market demand.
    • Permits requested and bank financing secured, significantly reducing operational risk.
    • Developer has skin in the game, contributing own capital to align interests with investors.

    Financial scenarios and return estimates

    As with all equity projects, CNMV regulations do not allow us to publish projected returns. However, estimated returns can be calculated from available data: in the favorable scenario, projected revenues total €6.9 million and total costs amount to €6.2 million, based on total equity of €1.6 million.

    Forecasts vary in the moderate and adverse scenarios, with tighter margins or even partial capital losses, reflecting the inherent risk of any investment.

    Estimated project duration: 26–30 months

    • Q3 2025: capital increase and asset purchase
    • Q4 2025: start of construction for phase one
    • Q2 2026: start of construction for phase two
    • Q2 2026: completion of phase one
    • Q3 2027: completion of phase two and delivery of homes
    • Q4 2027: distribution of profits to investors

    Another great opportunity on the Costa del Sol

    Ocean View Homes is yet another example of the dynamism of the residential sector on the Costa del Sol and the opportunities offered by real estate crowdfunding with Urbanitae. If you’re looking to invest in a well-positioned project with secured financing, strong commercial traction, and an experienced developer, this is your chance.

    Have questions? Join the webinar with the developer on Wednesday, June 25 at 12:00 p.m. (UTC+2).
    You can contact us at contacto@urbanitae.com or call us at (+34) 911 23 25 22. We look forward to seeing you!

  • Frontline golf investment in Benalmádena

    Frontline golf investment in Benalmádena

    Urbanitae returns to the Costa del Sol with a new real estate investment opportunity. This time, we present Green Village, a debt project with a mortgage guarantee in Benalmádena (Málaga), aimed at financing part of the acquisition and related costs of a plot designated for protected housing (VPO). The project will open for funding on Tuesday, June 24 at 4:00 p.m. (UTC+2).

    Financing secured by a golf-front plot

    The Green Village project consists of a €5,000,000 loan over a 24-month term (extendable by an additional 6 months) with a fixed annual interest rate of 12.5%, and a minimum return equivalent to 18 months of interest. The loan will be used to finance part of the acquisition cost of a 25,140 m² plot with a buildable area of 29,217 m², located on the front line of a golf course, as well as the associated costs needed to reach the milestones required for bank financing. Urbania will contribute the remaining capital from its own funds.

    The main asset is a plot currently designated for hotel and sports (golf) use, which can be adapted for protected housing in accordance with Andalusian Law 13/2005. As additional collateral, the project includes three plots located in Llinars del Vallès (Barcelona), as well as a joint and several corporate guarantee from the promoter’s parent company.

    A solid project in a prime location

    The land securing the loan is located between the Torrequebrada and Bil Bil Golf courses, in a fully urbanized area with strong residential demand. The project plans to develop 344 protected homes (VPO), along with their corresponding parking spaces and storage units. Sales are expected to be at regulated prices, with an estimated average sales price of €245,807 — significantly below comparable developments in Benalmádena.

    The town, located just 15 minutes from Málaga Airport, has experienced very positive demographic and economic growth over the past two decades. Its appeal as both a residential and tourist destination ensures strong demand for quality affordable housing.

    The developer: Urbania

    Urbania is a developer, manager, and investor with more than €1.2 billion in projects delivered across Spain, Portugal, and Brazil. With a team of over 150 professionals, Urbania has extensive experience across all phases of the real estate process. This will be their second project funded on Urbanitae.

    The company acquired the Green Village plot through a competitive sales process organized by a major Spanish firm. Following the acquisition, the developer will submit a detailed development plan and apply for a building permit, a process estimated to take between 15 and 18 months. During this period, they must also reach the required number of pre-sales for the bank to grant a development loan that will refinance the Urbanitae loan and return funds to investors.

    Loan terms and guarantees

    The loan will be structured as a single €5,000,000 tranche with the following terms:

    • Fixed annual interest rate of 12.5%
    • 24-month term, extendable by 6 months
    • Interest and principal paid at maturity
    • Minimum return guaranteed of 18 months’ interest

    Guarantees:

    • First-ranking mortgage on the primary asset
    • First-ranking mortgage on the Llinars del Vallès plots
    • Joint and several corporate guarantee from the parent company

    Additionally, the loan features a loan-to-value (LTV) ratio of 26% based on the combined value of the collateral, offering strong coverage for investors.

    Why invest in Green Village?

    • First-class mortgage and corporate guarantees
    • 12.5% annual return, with a guaranteed minimum return
    • Experienced developer with local market expertise
    • High-demand protected housing project in Benalmádena
    • Collateral value four times the loan amount

    Estimated timeline

    • June 2025: Loan funded and land acquired
    • Q2 2026: License application and pre-sales
    • June 2027: Exit via refinancing with development loan

    A high-yield, secured debt project

    Green Village is a co-investment opportunity that combines attractive returns, robust guarantees, and a highly sought-after real estate product. If you’d like to learn more, join our webinar on Monday, June 23 at 11:00 a.m. (UTC+2) or email us at contacto@urbanitae.com. Remember, funding opens on Tuesday, June 24 at 4:00 p.m. (UTC+2).

    We look forward to seeing you there!

  • What Are Preferred IRR Projects at Urbanitae?

    What Are Preferred IRR Projects at Urbanitae?

    At Urbanitae, one of our top priorities is to make real estate investing more accessible and easier to understand—even when it involves structures that may seem complex at first glance. One such example is capital gains projects with a preferred IRR, a structure that has gained popularity among our investors and that combines the best of both worlds: the relative security of debt and the return potential of equity. But how does it actually work?

    Equity and debt

    Traditionally at Urbanitae, we work with two main types of projects: debt and equity. Debt projects are based on a loan agreement that offers a fixed return. Equity projects, on the other hand, involve the investor becoming a shareholder in the development company’s equity—meaning they take on more risk in exchange for greater return potential.

    Equity, then, is the money that investors contribute to a project: they’re essentially betting on the project’s success. If it performs well, they earn a profit; if it underperforms, they earn less or could even lose money. That higher risk comes with the possibility of greater returns, if things go as planned. When investing through debt, the investor is not an owner but rather lends money to the project’s developers so they can carry it out.

    But although the distinction is clear, debt and equity are not completely separate worlds. Think about buying a house. Typically, the (future) homeowner contributes some money upfront, but not the entire purchase price. That personal contribution is equity. Then comes the mortgage loan from the bank. It’s the combination of equity and debt (liabilities) that allows the buyer to purchase the property (asset).

    Preferred IRR: a hybrid structure

    When investing in debt, the key indicator is the interest rate: with that figure and the project term, you can calculate exactly how much you’ll earn. In equity projects, the key metric is IRR, the internal rate of return, which we can roughly define as the project’s total return divided by the time the investment is held.

    Preferred IRR is an evolution of the equity model. It represents a partnership between Urbanitae and the developer in which investors are given priority in recovering both their principal and a minimum guaranteed return when profits are distributed. Only once that threshold—say, 12% or 14% annualized—is reached can the developer begin to earn returns on their investment.

    In the words of Sergio Arana, Urbanitae’s Head of Real Estate, “it’s the best of both worlds: downside protection like debt, and the upside potential of equity.”

    Advantages of the preferred IRR model

    This model offers two key advantages:

    1. Payment priority: Investors recover their capital and reach their preferred return before the developer sees a single euro of profit.
    2. Target minimum return: The preferred IRR sets a floor, usually between 12% and 15% annually. While not contractually guaranteed—as is the case with all equity projects—it is structured with a sufficient buffer (the developer’s own capital contribution) so that Urbanitae’s investors can reach the target even if costs rise or timelines shift.

    This makes preferred IRR a very attractive option for investors who want to maximize returns while enjoying more protection than a traditional equity structure. Unless there is a highly unfavorable scenario, the investor will achieve a minimum annual return higher than that of a debt project—with the potential for an even greater final return.

    In this webinar, Sergio Arana and David Pérez, Head of Investor Relations at Urbanitae, explain how the preferred IRR works in detail.

    How is it structured?

    The key lies in the shareholders’ agreement between Urbanitae and the developer, which stipulates that investor returns have priority. This clause, combined with the developer’s capital contribution—typically 20–25% of the total project cost—serves as a guarantee of that preferred return.

    Moreover, Urbanitae does not approve projects with a target IRR below 15%, which adds an extra layer of selectiveness in the opportunity vetting process.

    In these cases, investors not only receive their preferred return, but may also benefit from additional profit-sharing, as outlined in the agreement. This means the final return can exceed the minimum threshold, just as it can in traditional equity schemes.

    What if things go wrong?

    In an extreme scenario—a “catastrophe,” as described in the webinar—the investor might not reach the expected return. However, Urbanitae’s accumulated experience and the legal structure of these agreements help to mitigate this risk as much as possible. Every project goes through a rigorous review process by the investment committee, including independent legal, technical, and commercial audits before being approved for funding.

    Which projects offer a preferred IRR?

    Every project with a preferred IRR is clearly labeled as such on its project page on the Urbanitae website. There, you can review the profit-sharing model, the shareholder agreement, and the projected financial scenarios, which help estimate the total return—since, as per CNMV regulations, Urbanitae does not publish explicit figures for these types of projects.

    Capital gains projects with a preferred IRR are an innovative structure within real estate crowdfunding that aim to offer investors greater protection while also boosting potential returns. “It’s a way to closely align the interests of the developer and the investor,” said David Pérez. And judging by how well this model has been received on the platform, it seems that more and more investors are valuing this balance of caution and ambition.

    Want to learn more about these types of projects? You can watch the full webinar and check out the active opportunities on our website.

  • Real estate investment just 100 meters from Gavá Beach

    Real estate investment just 100 meters from Gavá Beach

    UPDATE: On May 30th, Urbanitae launched the Gavá Mar project with a funding target of 3 million euros, which was successfully completed in a very short time. Due to the high level of interest shown by investors, the developer has authorized us to increase the operation by an additional 2 million euros, reaching the maximum allowed. This second phase of the project will open on Tuesday, June 10th at 4:00 p.m. (UTC+2) on the platform.

    Urbanitae is launching a new capital appreciation project in one of the most attractive areas along the Catalan coast. We’re talking about Gavá, southwest of Barcelona, where funding will open next Friday, May 30 at 12:00 p.m. (UTC+2) for the development of a residential complex with 34 multi-family homes. On Wednesday, May 28 at 4:00 p.m. (UTC+2), we’ll be hosting a webinar with full details about the project.

    The development will be located at the corner of Calle Begur and Avenida Europa, just 100 meters from Gavá Beach—a well-established residential area that combines a peaceful environment with excellent road connections and convenient access to schools, supermarkets, and parks. The plot lies in a growing area with direct access to the Castelldefels motorway, providing quick connectivity to Barcelona.

    Second project with Shevat

    This marks a new collaboration with Shevat, a developer with whom Urbanitae already partnered on the Golf Terraces project. Founded in 2006, Shevat Holding is a real estate hub with over 75 developments completed in Spain, most of them in the province of Barcelona.

    This project will consist of a 34-unit building, each with two parking spaces and a storage room, plus communal areas and a swimming pool. The homes will feature 2 or 3 bedrooms and an average built area of around 120 sqm. The layout of the buildings also allows for construction to progress in parallel with the ongoing urban development works in the adjacent area, which are expected to be completed in about 30 months.

    Project structure and terms

    This is a capital gains project, in which Urbanitae investors act as partners of the developer. They will contribute a total of €3,000,000, which includes €10,000 allocated to management costs. The total capital for the project is €10 million, involving contributions from the developer, co-investors, and Urbanitae.

    Shevat will contribute 20% of the total equity and will also oversee construction through its in-house building company. A deposit agreement has already been signed, and €1 million has been paid toward the land purchase. The remaining amount will be covered by investor contributions and a loan from a top-tier bank. The building permit is expected to be requested in June.

    A high-potential market

    Currently, there are very few new developments in this area of Gavá, which enhances the project’s commercial appeal. An independent market study has been carried out to validate the projected sales prices. The area shows strong demand for residential housing and offers excellent quality of life, making it attractive to both domestic and international buyers.

    Estimated timeline and returns

    The estimated project duration is 36 to 40 months. The property purchase will be finalized in the second quarter of 2025. Construction is scheduled to begin in Q3 2026, with completion and handover of the homes expected in Q2 2028. Profit distribution is expected to take place in Q3 2028.

    In accordance with current regulations, we cannot publish expected returns. However, as a reference, in the favorable scenario of the business plan validated by Urbanitae, total revenues would reach €39.26 million, compared to total costs of €32.48 million. You can check more details about the scenarios in the project file.

    Watch this video to discover the key aspects of the project.

    Key reasons to invest

    • New-build development in a prime location just 100 meters from Gavá Beach.
    • Experienced developer with over 75 completed projects.
    • Second collaboration between Urbanitae and Shevat, following the Golf Terraces project.
    • Financing secured with a top-tier financial institution.
    • Market study validated by an independent third party.
    • Developer contributes own capital, aligning interests with investors.

    Got questions?

    Don’t miss the webinar on Wednesday, May 28 at 4:00 p.m. (UTC+2), where we’ll answer all your questions about the project. In the meantime, feel free to contact us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

    Don’t miss this opportunity to invest in a unique development in the Barcelona metropolitan area with Urbanitae!

  • New Project: Villa Generalife III, Final Phase of a Luxury Villa in Marbella

    New Project: Villa Generalife III, Final Phase of a Luxury Villa in Marbella

    At Urbanitae, we continue to focus on well-defined projects with attractive returns. Today, we present Villa Generalife III, the third and final financing tranche for a luxury villa located in Nueva Andalucía, Marbella. This new opportunity will open for investment on Tuesday, May 27 at 4:00 p.m. (UTC+2).

    To learn more about this project, we recommend watching the webinar held for Tranche A.

    Final phase of a high-end renovation

    Villa Generalife III aims to finance the completion of a comprehensive luxury renovation. This new loan totals €725,000, with a 12-month term and a fixed annual return of 9.5%. The maximum investment per investor will be €2,000.

    Structured as a loan, this final tranche closes out a project that began in February 2024. The villa is currently 44% complete, according to the April 2025 progress certificate. Works began immediately after acquiring the property under a fast-track building permit known as Declaración Responsable.

    Once completed, Villa Generalife will feature six bedrooms, eight bathrooms, and a range of luxury amenities including a spa, heated pool, gym, cinema room, wine cellar, and rooftop leisure area with jacuzzi, bar, and mini-golf. Outside, it will include a large garden with a swimming pool, pizza oven, BBQ, and outdoor kitchen.

    Prime location in Marbella

    Villa Generalife is located in the exclusive Las Brisas Frontline Golf area, in the heart of Nueva Andalucía, Marbella—one of the most desirable and high-value locations in southern Spain. It’s surrounded by top-tier golf courses and just minutes from the glamour of Puerto Banús.

    Marbella remains a hotspot for high-net-worth tourism and luxury real estate investment, making this property extremely well-positioned for resale.

    Loan structure and guarantees

    The three tranches (A, B, and C) of this project total €4,080,000. Tranche A (funded in March 2024) was used for partial acquisition and the initial phase of the renovation. Tranche B (July 2024) covered part of the construction and general costs. Tranche C will complete the renovation and cover remaining project expenses.

    The project offers strong investor protections:

    • First-ranking mortgage on the asset.
    • First-ranking pledge on the shares of the SPV.
    • First-ranking pledge on the SPV’s bank accounts.

    As with all Urbanitae debt projects, a Project Monitor will oversee construction progress, verify monthly certifications, and authorize loan disbursements.

    Why invest?

    • Prime-location luxury property with a unique design and strong resale potential.
    • Fixed annual return of 9.5%, with a minimum guaranteed return equal to three months of interest.
    • Strong collateral with first-ranking mortgage and pledges.
    • A reputable promoter, SB Property Group, with a proven track record on Urbanitae with projects like Villa Julia and Villa Olivia.

    Estimated timeline

    • June 2025: disbursement of Tranche C to finalize the renovation and start commercialization.
    • Q4 2025: completion of construction.
    • Q2 2026: sale of the property and investor repayment.

    A solid investment opportunity

    Villa Generalife III offers investors the chance to participate in the final stage of an exclusive luxury development in Marbella, with an attractive return and minimized risk thanks to construction progress and strong guarantees. Remember, the project opens for investment on Tuesday, May 27 at 4:00 p.m. (UTC+2).

    Want to stay informed? Register at urbanitae.com or reach out via email at contacto@urbanitae.com or by phone at (+34) 911 23 25 22. See you on the platform!

  • Vedat eHomes: 36.6% Return in Torrent (Valencia)

    Vedat eHomes: 36.6% Return in Torrent (Valencia)

    We continue to return capital and interest to our investors. This time, it’s the Vedat eHomes project in Torrent (Valencia), developed by Conforthogar. The operation has generated a gross return of 36.6% over 28 months, equivalent to an IRR of 13.9%.

    Launched in December 2022, Vedat eHomes was our first project with Conforthogar, a developer specialized in sustainable housing with over 20 years of experience in the Valencian Community. The project involved the development of a new-build promotion on Avenida Al Vedat 191 in Torrent. Specifically, the asset included 18 two- and three-bedroom homes, 4 commercial premises, 11 private parking spaces with storage rooms, 12 community parking spaces, and 7 storage units.

    Efficient Management and Strong Sales

    From the start, Vedat eHomes stood out for its strong commercial performance. A high level of pre-sales facilitated the granting of development financing by BBVA. As construction progressed, sales continued successfully, and by the time the building was completed, all units had been sold.

    Construction began in December 2022, just a few weeks after the project launched, and was completed 24 months later, in line with the planned schedule despite some final-phase challenges. These included delays caused by a DANA (isolated depression at high levels) weather event in Valencia and some supply chain difficulties. Additionally, there were cost overruns related to the development of the community green space.

    On top of these issues, tougher financial conditions due to rising interest rates added pressure. However, the increase in revenue from unit sales helped offset the additional costs. The average sale price reached €2,642/m², slightly above initial projections.

    Outcome Very Close to the Target

    The final result—a gross return of 36.6%—came very close to the initial target of 38.5%. At Urbanitae, we are highly satisfied with the developer’s management, having successfully adapted to challenges and delivered on time, within budget, and in line with their commitment to investors.

    Vedat eHomes is yet another example of how Urbanitae’s crowdfunding model allows small investors to access high-quality real estate investment opportunities that are well-managed and offer attractive returns.

    Want to learn more about this project? Check out the article we published when it was opened for investment:
    👉 Valencia: First Investment with Conforthogar

  • New project! Investment in a luxury villa and sports complex in Benahavís

    New project! Investment in a luxury villa and sports complex in Benahavís

    Urbanitae is launching a new debt project on the Costa del Sol. This time, we’re offering a unique opportunity to participate in the financing of a spectacular luxury villa and its exclusive sports complex in Benahavís, Málaga. The project will be open for investment on our platform on Tuesday, May 20 at 4:00 p.m. (UTC+2).

    The Hills 14 project is a high-end residential development located in the El Herrojo gated community. The development includes the construction of a single-family villa of over 2,200 sqm, featuring eight bedrooms, indoor and outdoor pools, a spa, gym, cinema, game room, and a separate staff apartment. In addition, a complete private sports club will be built on an adjacent 10,982 sqm plot, with tennis, padel, mini-football, volleyball, and crossfit courts. Together, these will make this property a truly unique asset in the area.

    The villa already has a building permit, and construction actually began in December 2024. Currently, the project is about 10% complete.

    22.5% return in 27 months

    This project is structured as a fixed-rate loan secured by a first-ranking mortgage. Tranche A, which is now open for investment, amounts to €2,400,000, has a term of 27 months, and offers a fixed simple annual return of 10% (22.5% total). The planned exit for investors will be the sale of the villa once construction is complete.

    Loan guarantees include:

    • First-ranking mortgage on the property.
    • Pledge of shares in the borrowing company.
    • Pledge of its bank accounts.
    • Irrevocable power of sale of the asset at 75% of the current appraised value in the event of default.

    As with all our debt projects, a project monitor will be appointed to oversee monthly progress and authorize loan disbursements.

    The developer: experience and commitment

    The developer of the Hills 14 project is Cogitari Homes, a real estate group with over 10 years of experience developing exclusive homes on the Costa del Sol. Founded by Lars Christensen, a professional with more than three decades in the industry, the group is known for its focus on cutting-edge architecture, sustainability, and attention to detail. Cogitari Homes has already led three previous projects funded through Urbanitae: Villa Alcalá, Gate 3, and Pinares de San Antón.

    In this operation, the developer is contributing nearly €4 million of its own capital to the project, in addition to the €5 million to be raised through the platform, as part of a total planned funding of €8.16 million.

    A prime location in Benahavís

    Benahavís is one of the most exclusive municipalities in the province of Málaga. Located between Marbella and Estepona, it offers a privileged natural setting, high quality of life, and strong demand for luxury housing from both domestic and international buyers. Specifically, El Herrojo, within the La Quinta Golf & Country Club area, is one of the most sought-after gated communities thanks to its privacy, sea views, and excellent connectivity.

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

    Reasons to invest

    • Premium asset with first-ranking mortgage guaran tee.
    • Fixed return of 10% per year, with a minimum return equivalent to 21 months of interest (17.5%).
    • Developer with a proven track record and experience in the area.
    • Project with granted building permit and under construction.
    • Exclusive real estate agent already appointed for marketing.
    • Project reviewed through commercial due diligence, with prices validated by experts.

    Estimated timeline

    • May 2025: loan granted and construction continues.
    • Q3 2026: construction completion.
    • Q3 2027: sale of the villa and loan repayment.

    Questions?

    We’ll be holding a webinar with the developer on Monday, May 19 at 11:00 a.m. (UTC+2), where you can get all your questions answered. In the meantime, feel free to write to us at contacto@urbanitae.com or call us at (+34) 911 23 25 22.

    This project is an excellent opportunity to diversify your portfolio with a high-end real estate investment in one of the most sought-after areas of southern Europe. Don’t miss it!

  • Invest in Estepona with a 16.5% Total Return

    Invest in Estepona with a 16.5% Total Return

    We’re heading back to Andalusia with a new investment opportunity on the Costa del Sol. Urbanitae presents The Privilege, a debt project located in the center of Estepona, Málaga. Funding will open on our platform next Tuesday, May 13 at 4:00 p.m. (UTC+2).
    We’ll also be hosting an informative webinar with the developer, where we’ll go over all the project details and answer your questions.

    A residential development in the heart of the Costa del Sol

    The Privilege involves granting a loan to finance part of the acquisition and general costs of two adjacent plots of land totaling 4,218 m², where a development of 32 two- and three-bedroom homes will be built. The project will feature large communal areas including a swimming pool, gardens, gym, spa, coworking space, cinema room, storage units, and parking. Ground floor and penthouse apartments will have private pools, and all units will feature contemporary design and high-end finishes.

    The development enjoys a prime location: right in the center of Estepona, just a five-minute walk from the seafront promenade and three minutes from the new social center currently under development. Estepona is one of the most in-demand locations on the Costa del Sol, known for its high quality of life, year-round mild climate, and unique blend of tradition and modernity.

    Project structure and loan terms

    The The Privilege project is led by ARG Promociones, a developer with over 40 years of experience and a team of more than 50 professionals, specializing in high-end developments in Estepona and the Costa del Sol. The architectural design is handled by Complot Arquitectos, a studio with numerous contemporary projects in the area.

    Urbanitae investors will participate in the project via a fixed-rate loan of €4,840,000, with a simple annual interest rate of 11% and a term of 18 months, including a guaranteed minimum term of 12 months. Both principal and interest will be repaid at maturity. Urbanitae reserves the right to finance part of the construction phase of the 32 units in a potential Tranche B, which would extend the loan by an additional 18 months until final sale.

    Exit for Urbanitae investors will be achieved through the entry of external financing or, alternatively, through the sale of the homes if the extension to partially fund the construction is activated.

    Check out this video for the project highlights.

    Strong guarantees for investors

    The loan will be backed by a robust set of guarantees:

    • First-ranking mortgage on the two plots involved in the project
    • First-ranking pledge on the shares of the borrowing company
    • First-ranking pledge on the borrower’s bank accounts
    • Pledge on the project’s VAT account
    • Pledge on the receivables from the Green Mountain II project

    These guarantees are designed to offer maximum protection for investors’ capital.

    Estimated project timeline

    The land acquisition is scheduled for May 2025. From there, a 12-month period is expected to obtain the building permit, secure pre-sales, and finalize bank financing for construction. Marketing will also begin in May, with a target of reaching 60% pre-sales within the first year.

    Why invest in The Privilege

    • Prime location: Estepona is one of the most promising residential areas on the Costa del Sol.
    • Attractive return: 11% annual yield with a guaranteed minimum term of 12 months.
    • Strong guarantees: First-ranking mortgage and additional pledges.
    • Experienced developer: ARG Promociones has a proven track record with similar projects in the area.
    • High demand product: Two- and three-bedroom homes with communal amenities and quality design—currently the most in-demand product in Estepona.

    A well-supported commercial opportunity

    The residential concept proposed in this project aligns with current demand in Estepona, as confirmed by an independent commercial analysis. In addition, the development will be carried out by a team with direct knowledge of the local market, further reinforcing the project’s potential for success.

    Learn more and get involved

    If you want to know more about this new investment opportunity, join us for a webinar with the developer on Monday, May 12 at 12:00 p.m. There, we’ll answer all your questions. In the meantime, you can check the full project details on our platform, or reach out to us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

    Don’t miss the chance to invest in a debt project backed by an experienced developer, in a consolidated location, and with an attractive return. We look forward to seeing you in The Privilege!

  • Navas de Tolosa: Positive returns despite unforeseen events

    Navas de Tolosa: Positive returns despite unforeseen events

    At Urbanitae, we always emphasize that every investment involves risks and that, although we do everything possible to minimize unforeseen events, we cannot guarantee a specific return. The case of the Navas de Tolosa project in Barcelona, which we recently closed, illustrates this reality and also how, through proactive management focused on protecting investors’ interests, it is possible to achieve positive results even in adverse conditions.

    The project, financed in December 2021, involved the development of a building with 15 residential units, one commercial space, and 16 parking spaces. Although it was initially planned with a 22-month term and an estimated return of 29.9% (with an IRR of 15.3%), the project ultimately closed with a gross return of 16.2% and an IRR of 4.7% after 39 months.

    What happened?

    The project development was affected by several circumstances that were difficult to foresee at the time of financing:

    – Increase in construction costs: The tendering of the works coincided with a period of sharp price increases and material shortages in 2022. Final construction costs ended up being 23% higher than estimated.

    – Urgency to begin construction: In order to prevent the building permit from expiring — which would have required allocating 30% of the building to subsidized housing — construction had to start quickly, prioritizing tasks such as earthmoving and foundations. This reduced the ability to negotiate with suppliers and contractors.

    – Adverse economic environment: During the sales phase, rising interest rates and regulatory uncertainty (especially around the golden visa) slowed sales. When construction was completed, over half the units remained unsold.

    – Higher financing and sales costs: Due to the economic situation, the interest rate on the development loan rose to 5.5%, compared to the initially projected 2.5%. In addition, marketing efforts had to be ramped up and real estate agent commissions increased to boost sales.

    What Urbanitae did

    Despite these challenges, Urbanitae worked closely with the developer to find solutions that would minimize the impact:

    – Project optimization: Certain requirements, such as the obligation to allocate space for an electrical transformer station, were removed. That space was converted into sellable residential area, increasing revenues.

    – Flexible sales strategy: Sales strategies were adapted, including furnishing some units and collaborating with new real estate agencies.

    – Purchase of remaining assets: To finalize the operation, the developer purchased the last three parking spaces at the published price, avoiding a discounted sale.

    Thanks to these measures, even though the return was lower than initially projected, the project closed with a positive return of 16.2% for investors. There were no capital losses, and the investment was preserved in a very challenging environment.

    A lesson on risk and real estate investment

    The Navas de Tolosa project highlights one of the key aspects of investing in real estate: returns are not guaranteed. Like any investment, there are risks that can affect both timelines and profits. However, it also shows that, unlike financial markets, real estate is much more resilient. And finally, it proves that professional, active management can make all the difference, helping preserve capital and achieve positive outcomes even in unfavorable scenarios.

    At Urbanitae, we remain committed to providing our investors with complete transparency, explaining both the opportunities and risks of every project. Our goal is to continue building a long-term relationship of trust based on clear information, careful project selection, and active management focused on protecting the interests of those who place their trust in us.