Urbanitae Blog | The best real estate investment news

Category: Projects

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

  • New project with Mia Domo in Barcelona!

    New project with Mia Domo in Barcelona!

    We’re excited to present a new investment opportunity in a residential new-build project. This time, it’s another collaboration with Mia Domo, a developer we’ve partnered with three times before. You can invest in this project starting Tuesday, December 10, at 4:00 PM (UTC+1), with a maximum investment of €10,000. Here’s everything you need to know.

    The Mia Nova project involves the development of a new-build complex of 31 residential units in Vilanova i la Geltrú, Barcelona. The properties come with options for garages and storage rooms, and the community features shared amenities, including a swimming pool and landscaped areas. The project is located in Vilanova’s prime residential area, home to the city’s latest new-build developments.

    Vilanova i la Geltrú is a coastal city that offers a wide range of services, excellent connectivity to Barcelona, and a pleasant environment. It’s known for its beaches, marina, and robust infrastructure, making it an ideal location for both primary and secondary residences. The city is just 25 minutes from Barcelona and its airport and 30 minutes from Tarragona.

    We’ve had prior experience with Mia Domo across three projects. Notably, one of these – Mia Garden – was successfully completed, delivering investors an IRR of 10.3%. Mia Domo is led by a team with over 20 years of experience in real estate development, having contributed to the construction of more than 10,000 homes across Spain.

    Building permit requested in June 2024

    The Mia Nova project follows a capital gains strategy, meaning Urbanitae investors will partner with the developer to complete the 31-unit development in Vilanova i la Geltrú. The €940,000 contributed by Urbanitae investors will fund the acquisition of the development site – which will be transferred debt-free – and cover project costs until bank financing is secured.

    The building permit was requested in June 2024, with approval expected in the first quarter of 2025. On the commercial side, 10 reservations (32%) have already been signed for the 31 units in the project since June. Purchase contracts will be finalized following the developer loan’s approval and in parallel with the start of construction, scheduled for the first or second quarter of 2025.

    The developer will oversee the entire project and act as an investor, contributing 15% of the total project capital. An additional 33% of the capital will come from investors sourced by Mia Domo.

    You can learn more about the project in this video:

    Returns in 24-28 months

    The project timeline is estimated at 24-28 months. According to the business plan, construction is set to begin between Q1 and Q2 2025 and will be completed by Q3 or Q4 2026. The dissolution of the project company and distribution of profits to investors are planned for Q4 2026 or Q1 2027.

    A remuneration structure has been agreed upon to incentivize the developer to adhere to the proposed business plan. Once all shareholders’ initial capital contributions are returned, Urbanitae investors and Mia Domo investors will receive a preferred return equivalent to a net IRR (after corporate tax) of 9.6%. Further details about this structure can be found in the Mia Nova project brief.

    As with any capital gains project, regulatory restrictions (CNMV) prevent us from disclosing an estimated return figure. However, you can calculate this return using the information in the project brief and the following formula:

    (Projected Revenue – Estimated Costs) / Total Equity

    Got questions?

    Join our webinar on Thursday, December 5, at 6:00 PM (UTC+1) to ask questions about the project. You can also reach us via email at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

    We look forward to seeing you!

  • New project in Marbella! Invest with a 10% return in 12 months

    New project in Marbella! Invest with a 10% return in 12 months

    We are excited to present a new investment opportunity. We return to the luxury sector to continue developing two exclusive villas in Marbella. You can invest starting this Friday, November 29, at 12 PM (UTC+1). Below, we provide all the details about the project.

    The Cazorla – Piemonte III project is, as the name suggests, the third phase of the Cazorla – Piemonte development, which was first financed on our platform in November 2023. This operation involves continuing the development of two luxury villas, both located in Marbella. Casa Cazorla is situated in the Las Lomas de Marbella Club residential area, while Casa Piemonte is in the Be Aloha development in the Nueva Andalucía district.

    The developer, Casas Fintech, is the same one behind phases A and B. Casas Fintech is an experienced investment management company specializing in luxury real estate, with a strong presence on the Costa del Sol. It is part of the Portuguese group SGPS, one of Portugal’s most renowned investment consortia.

    Construction progress at 60%

    Since the second phase was funded in April, construction on both villas has progressed from 20% to the current 60%.

    Casa Cazorla is a luxury villa with five bedrooms—two with walk-in closets—five full bathrooms, a guest restroom, and an open-plan kitchen and living area. The basement includes a gym, reading room, office, and game room. The garden features a large pool as well as an outdoor lounge, dining area, and kitchen. As of the end of October, construction was 57% complete.

    Casa Piemonte is a luxury single-family home with six bedrooms—four with walk-in closets—seven full bathrooms, two guest restrooms, and an open-plan kitchen and living area. The master suite boasts a private terrace and jacuzzi. The basement houses a gym, bar, office, game room, and reading area. Like Casa Cazorla, the garden features a large pool, outdoor lounge, dining area, and kitchen. As of the end of October, construction was 63.5% complete.

    10% return in 12 months

    The Cazorla – Piemonte III project is a debt-based investment. Urbanitae investors will partner with the developer through a fixed-rate loan to fund both developments. The remaining financing will come from the developer’s own funds, as both projects progress simultaneously.

    The total loan amount is €7,480,000. The third phase—Phase C—amounts to €2,701,000 and will be used to continue construction. The loan carries a fixed annual interest rate of 10% with a 12-month term.

    Full early repayment is allowed at any time, subject to a minimum guaranteed return of 12 months for Phase C. An additional 12-month extension beyond month 24 is allowed, provided the construction progress has reached 100%. This extension is designed to accommodate the sale of the villas if needed. The project includes mortgage-backed security on the properties under development.

    It is important to note that the sale of all the villas is not required to repay the loan.

    In this video, the developer and our Real Estate Director, Sergio Arana, explain the project details. You can also watch the recorded webinar addressing key questions about the project.

    Returns in 12 months

    The estimated timeline for this project is 12 months. In Q1 2024, Phase A was formalized, and construction began. Phase B was formalized in Q2. Phase C is being formalized in Q4 2024 to finalize construction, which is expected to conclude by Q3 2025. In Q1 2026, the villas will be sold, and the loan will be repaid to Urbanitae investors.

    Do you have any questions? Feel free to contact us at contacto@urbanitae.com or call us at (+34) 911 23 25 22. We look forward to hearing from you!

  • New project! Invest in luxury real estate in Lisbon

    New project! Invest in luxury real estate in Lisbon

    We are thrilled to announce a new project in Portugal. We’re returning to Lisbon to finance six prime residences in the Santo António neighborhood. If you’re interested in investing in luxury real estate in Lisbon, you can do so starting Thursday, November 28th at 4:00 PM (UTC+1). Below are all the details.

    The Castilho 3 project involves renovating a luxury residential asset to develop six multi-family homes with balconies, private outdoor terraces, and five parking spaces in Lisbon. This development is located at number 3 Castilho Street, close to Avenida da Liberdade and Marquês de Pombal Square. The area is fully established, right in the heart of the prime financial district of the Portuguese capital.

    The developer of this project is Mexto, a company specializing in the renovation and modernization of high-end residential properties in Portugal. Among its most notable projects are Fanqueiros Prime Residences and Sta. Marta Prime Living in Lisbon—both of which combine exceptional views and sophisticated design—and Avencas Ocean View Residences, winner of the 2022 National Real Estate Award in Portugal.

    One unit already reserved

    The Castilho 3 project follows a capital gains strategy, involving a partnership with the developer to complete the six residences. Urbanitae investors will contribute a total of €4,522,500, which will cover project costs not financed by the developer loan already agreed upon with a financial institution. Mexto will contribute 30% of the total capital investment.

    One key strength of this project is that the building permit has already been secured, allowing construction to commence in November. Moreover, one of the six residences was reserved on the same day the developer launched the sales process, indicating strong demand. In light of this, Mexto aims to maximize returns by optimizing prices for the remaining units.

    Additionally, a preferred return has been established for Urbanitae investors. Specifically, Urbanitae investors will receive a preferred return on generated profits of 15% annually (IRR). This means that neither the developer nor its partners will receive any profits until Urbanitae investors have achieved a 15% IRR. Furthermore, approximately 60% of the Urbanitae investment will take the form of a bond, giving it priority over the remaining capital contributions.

    In this video, the developer and our Real Estate Director, Sergio Arana, explain the project details.

    Returns in 28-32 months

    As with all our capital gains projects, we are not permitted by the regulator to provide estimated return figures. However, you can calculate them using the following formula:

    (Projected Revenues – Estimated Costs) / Total Equity

    The Castilho 3 project has an estimated timeline of 28 to 32 months. Construction is expected to begin as soon as financing is secured, in November. The project’s completion is anticipated in the first quarter of 2027, with unit deliveries scheduled for the first or second quarter of the same year. Therefore, the company will dissolve and distribute the generated profits among investors in the second or third quarter of 2027.

    Do you have any questions? On Wednesday, November 27th at 12:00 PM (UTC+1), we will host a webinar with the developer to address any inquiries about the project. You can also reach us via email at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

    Don’t miss this opportunity to invest in luxury real estate in Lisbon. We look forward to seeing you!

  • Invest in tourist apartments in Porto

    Invest in tourist apartments in Porto

    We are excited to present a new project in Portugal. This time, we return to Porto with Caler Real Estate Advisory to develop 57 tourist apartments. The project will be open for investment next Thursday, November 21 at 4:00 p.m. (UTC+1).

    The Julio Dinis project involves acquiring a building to demolish its interior and develop and sell a complex of 57 tourist apartments along with two commercial units. The complex will be operated by an international manager, Líbere Hospitality Group, under a fixed lease agreement.

    The asset covers 2,600 square meters distributed over nine above-ground floors. One of its strong points is its location. Situated in the Massarelos neighborhood, on Julio Dinis Street, the property is in the center of Porto, Portugal’s second-largest city. The city, with a metropolitan area of over 2 million residents, is an international tourist hub, with a historic center designated as a World Heritage Site.

    As for the developer, they are well known to Urbanitae, as we collaborated with them on Barao Forrester. Caler Advisory & Asset Management has extensive experience managing and structuring hotel projects in Spain and Portugal. They currently manage assets worth 300 million euros and have undertaken projects totaling 70 million euros. Julio Dinis is their fourth project in Porto.

    Approved building permit

    It is worth noting that the necessary building permit for the renovation of the property is already in place. Additionally, the project has the approval of the City Council and an authorized change to a tourism-focused use.

    Another strength of the Julio Dinis project is the tenant for the complex. Líbere Hospitality Group is an international operator of tourist apartments and a market leader in Spain, managing and developing over 1,400 units across 45 properties in Spain and Portugal.

    The lease agreement with Líbere is a fixed-term lease lasting 25 years, with 15 years guaranteed. Additionally, Líbere will provide either a bank guarantee equivalent to 12 months of rent or a deposit covering 12 months of rent. The contract will come into effect once the renovation and transformation of the property are completed and includes a one-month grace period from opening.

    The project follows a capital gains strategy, involving an alliance with the developer to cover the acquisition of the asset and the costs of adaptation, management, and sale. In total, Urbanitae investors will contribute 4,845,000 euros, representing a 75% stake. The developer and their partners will contribute the remaining 25%.

    In this video, Caler Advisory and our Real Estate Director, Sergio Arana, explain the details of the operation.

    Returns in 20-24 months

    As with all capital gains projects, the regulator does not allow us to share an estimated return for this project. However, you can calculate it using the information provided in the project sheet:

    (Estimated Income – Estimated Costs) / Total Equity

    The estimated project duration is between 20 and 24 months. According to the business plan, the asset acquisition will close in the fourth quarter of 2024. The renovation work is expected to be completed in the second quarter of 2026, at which point the property will be considered for sale if market conditions are favorable. At this time, Líbere’s management will also begin, and the first dividend payment, which will be quarterly, will commence. The project is expected to conclude, and profits will be distributed in the third or fourth quarter of 2026.

    Do you have questions? Feel free to ask them during the webinar we will hold with the developer on November 19 at 5:00 p.m. (UTC+1). You can also reach us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22. We would be delighted to assist you.

  • Invest in Santander with a 19% return in 18 months

    Invest in Santander with a 19% return in 18 months

    New debt project at Urbanitae. We return to Cantabria with Tecniobras, with whom we have already financed two projects. This time, we offer you the opportunity to invest in Santander with a 19% return in 18 months. The investment opportunity will open on Tuesday, November 19 at 4:00 p.m. (UTC+1).

    The Residencial Coppelia project involves granting a loan to recapitalize part of the funds contributed by the developer for the development of 173 residential units in Santa Cruz de Bezana, Santander. This development will consist of five blocks with three floors and a basement, landscaped areas, and a community pool.

    The specific location of the project is Soto de la Marina, a village in the municipality of Santa Cruz de Bezana. This area is 10 minutes from Santander and five minutes from San Juan de la Canal beach. It is known for its natural surroundings, with plenty of green spaces close to the beach and good connections to various services.

    As for the developer, this is the third time we are collaborating with Tecniobras, following the Chelsea project – already returned to investors – and the Tesla project, which is progressing as planned. Tecniobras has over 20 years of experience and more than 30 real estate projects in the north of Spain, particularly in Cantabria, where it has established itself as a key player.

    40% construction progress

    The two main strengths of this project address two risks. On the one hand, the commercial risk is very limited as 100% of the units have already been reserved – with signed purchase contracts. On the other hand, there is no timeline risk concerning licenses, as Residencial Coppelia already has a building permit and construction is already 40% complete.

    This is a debt project. Urbanitae investors will contribute a total of €1,685,000 in a single tranche aimed at recapitalizing part of the equity provided by the developer. This tranche will have an 18-month term and a fixed annual rate of 13.0%. Total early repayment is allowed at any time but is subject to a minimum return of 10 months of interest.

    In this video, the developer and our Director of Real Estate, Sergio Arana, explain the project details.

    19% return in 18 months

    Residencial Coppelia will offer a total return of 19.50% in 18 months, with a minimum return for Urbanitae investors of 10.8%.

    The estimated project term is 18 months, with no possibility of extension. The loan is expected to be granted in November 2024. The completion of construction, sale, and delivery of the development, and the loan repayment are anticipated for the first or second quarter of 2026.

    Do you have any questions? On Thursday, November 15 at 12:00 p.m. (UTC+1), we will hold a webinar with the project developer to answer any questions from interested investors. Additionally, you can contact us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

    We look forward to seeing you!

  • Invest in luxury in Marbella with a 10% annual return

    Invest in luxury in Marbella with a 10% annual return

    We present a new investment opportunity in the capital of real estate luxury: Marbella. This time, we continue the development of Villa Alcalá, whose first phase was financed last February. You can invest with a 10% annual return starting Monday, November 18 at 4:00 PM (UTC+1).

    The Villa Alcalá II project is the continuation of the development of an exclusive villa in the Nueva Andalucía district. This luxury residence features five bedrooms, five bathrooms, parking for four vehicles, an entertainment and TV room, space for a gym and wine cellar. Additionally, the exterior includes a barbecue area with an outdoor kitchen, a private pool, and a sunbathing area.

    The developer is Cogitari Homes, with over 30 years of international experience in the luxury segment. This is the fifth project –including different phases of previous projects– that we finance on the platform, following Gate 3, Villa Alcalá, Gate 3 II, and Pinares de San Antón.

    10% annual return

    The developer acquired the land in 2022 with its own funds and a loan from an alternative lender. The project already has the construction permit granted, and over 35% of the construction has been completed.

    The Villa Alcalá II project is structured as debt. Urbanitae investors will participate in the project by providing tranche B of the Villa Alcalá project, with a fixed annual rate of 10% and a 15-month term, aimed at financing part of the construction costs and associated soft costs. The ticket for Villa Alcalá II amounts to 2,140,000 euros.

    Early loan repayment will be allowed at any time, subject to a guaranteed minimum return equivalent to 15 months – an additional six-month extension is permitted. In other words, Urbanitae investors will, in any case, achieve a total return of 12.5%. Urbanitae investors will exit the project through the sale of the property.

    As for guarantees, investors participating in this tranche will be subrogated to the first-rank mortgage on the registered property that makes up the Villa Alcalá project. The total loan amount is 4,900,000 euros, resulting in a loan-to-value of 55%.

    In this video, the developer and our Director of Real Estate, Sergio Arana, explain the project details.

    Returns by the end of 2025

    The estimated term for this project is 15 months. It should be noted that tranche A of the loan was granted in the first quarter of 2024. The granting of tranche B, which is the subject of this project, is expected for the third quarter of 2024. A third tranche will be granted between the second and third quarters of 2025, coinciding with the completion of the construction and the obtaining of the occupancy permit. Thus, Urbanitae investors will recover their capital, with accrued interest, in the fourth quarter of 2025 or the first quarter of 2026.

    Do you have questions? You can watch the recording of the webinar we held with the developer in February. Additionally, we are available by email at contacto@urbanitae.com and by phone at (+34) 911 23 25 22. Invest in luxury real estate with a 10% annual return: we look forward to having you!

    Let me know if you need any further assistance!

  • New project with RTV Grupo Inmobiliario in Barcelona!

    New project with RTV Grupo Inmobiliario in Barcelona!

    On Monday, November 4th at 4 p.m. (UTC+1), we are opening a new investment opportunity. This time, it’s a new project with RTV Grupo Inmobiliario, with whom we have already worked six times. We are also returning to Cornellá de Llobregat, very close to the Residencial Priorat project. Here are all the details.

    The Soler i Cortada project consists of developing a new residential complex with 33 two-, three-, and four-bedroom apartments located in Cornellá de Llobregat, with communal areas and parking. The project is less than 300 meters from Residencial Priorat, another development by RTV Grupo Inmobiliario that we financed on October 11th and which already has over 60% of its units reserved.

    This is also a well-located residential area, surrounded by green spaces and amenities in the Fontsanta neighborhood of Cornellá. The development will be only 100 meters from the Fontsanta station of the Trambaix (tram), providing easy access to the center of Barcelona in less than 30 minutes.

    As for the developer, RTV Grupo Inmobiliario is a family-owned company founded in 1999. It has developed over twenty residential projects and delivered more than 400 homes, mainly in Barcelona and surrounding areas, as well as on the island of Ibiza. Additionally, the company has advised on the purchase and sale of real estate assets valued at over 600 million euros. This is the seventh project that we have financed with RTV on Urbanitae.

    Building permit requested

    The Soler i Cortada project follows a capital gains strategy, which involves partnering with the developer for the promotion’s development. Urbanitae investors will contribute a total of 2,610,000 euros. This investment will go toward purchasing the plot and covering initial project costs until the developer loan is granted.

    Currently, RTV has an offer from a bank to finance the development, which also includes a land loan tranche that will allow investors to recover part of their committed capital before the project’s final liquidation, thus improving the annualized return on investment. The developer is also contributing its own capital.

    Although the project does not yet have a permit, it has been requested, and we expect it to be granted between Q4 2024 and Q1 2025. Notably, RTV has recent experience with the Residencial Priorat project, which received its construction permit just a few days ago.

    The project’s sales phase has not yet started, so there are no pre-sales. However, the developer has successfully sold over 60% of the units in the Residencial Priorat project, which is currently underway and consists of 68 homes of similar quality to those in the Soler i Cortada Project, so they have first-hand knowledge of the market.

    In this video, our Real Estate Director, Sergio Arana, explains the key aspects of the project together with the developer.

    Returns expected in 28-32 months

    As with all our capital gains projects, regulations prevent us from providing the estimated returns upfront. However, they can be calculated from the project’s factsheet using the following formula:

    (Expected Revenues – Estimated Costs) / Total Equity

    The estimated timeline for this project is 28-32 months. The land acquisition is expected to be completed by the end of the year. Construction should begin between Q1 and Q2 2025 and finish between Q4 2026 and Q1 2027. Starting in April 2027, the company will be liquidated, and profits will be distributed to investors in proportion to their contribution.

    Do you have questions? We will host a webinar on Thursday, October 31st at 12 p.m. (UTC+1) with the developer, where you can ask any questions you may have about the project. You can also reach us by phone at (+34) 911 23 25 22 or at contacto@urbanitae.com. We look forward to seeing you!

  • Invest in Barcelona with license and 80% reservations

    Invest in Barcelona with license and 80% reservations

    We’re bringing you a new investment opportunity. This time, we’re back in the Barcelona area, where we have already financed close to 13 million euros across seven projects. Now, you have the opportunity to invest in Barcelona with a construction license and commercial progress of over 80%. The launch will take place next Thursday, the 31st, at 4 p.m. (UTC+1).

    The Golf Terraces project involves purchasing a building located next to the golf course in Sant Cugat de Vallés, demolishing it, and developing six multi-family homes with parking spaces and shared amenities. The residences have four bedrooms and an average size of 130 square meters, complete with a swimming pool. Sant Cugat is only 5 km from downtown Barcelona, and the property is located in an established area of the city.

    As for the developer, Shevat has a broad track record with more than 70 projects developed in Spain – most of them in the Barcelona area.

    License and 5 out of 6 units reserved

    This project follows a capital gains strategy, meaning that Urbanitae investors will become partners with the developer to acquire the site for the development of the six homes. The developer has already signed a down payment contract and has put down 10% of the purchase price. The remainder will be covered by Urbanitae’s contribution and a land tranche loan from a leading bank. Shevat’s construction company will oversee the project.

    In total, Urbanitae investors will contribute 1,530,000 euros. The developer is also investing its own capital, amounting to 20% of the project’s total value.

    The Golf Terraces project has two clear strengths. Firstly, the construction license is already in place, which minimizes the project’s timeline risk. Secondly, five of the six homes have already been sold, reflecting a commercial advance of over 80%. However, it is expected that the revenue can be further optimized with the sale price of the final unit.

    In this video, our Real Estate Director, Sergio Arana, and the developer explain the project’s details.

    Preferred return of 12% IRR

    A preferred distribution has been set up for Urbanitae investors over the developer’s equity. In other words, once the company is dissolved, Urbanitae investors will be the first to recover their capital and, in addition, a 12% IRR return, taking priority over the capital and returns of the developer’s equity.

    The regulator does not allow us to provide an advance estimate of the project’s profitability, but it can be calculated using the following formula:

    (Expected revenue – Estimated costs) / Total equity

    The project term is set at 23-27 months. According to the business plan, the asset purchase will be completed in the fourth quarter of this year. Construction will begin in the first quarter of 2025 and conclude between the third and fourth quarters of 2026. The profits will be distributed to investors in the first quarter of 2027.

    In any case, you can ask any questions during the webinar we will hold with the developer on Wednesday, October 30th, at 12:30 p.m. (UTC+1). Additionally, we are available at contacto@urbanitae.com and at (+34) 911 23 25 22.

    Don’t miss the chance to invest in Barcelona with 80% reservations and preferred returns.

  • Affordable housing project in Madrid!

    Affordable housing project in Madrid!

    After financing the Balcón del Sur project in just six minutes, we are announcing a very similar project from the same developer and in the same location. If you missed out last time, you will have the opportunity to invest in subsidized housing in Madrid on Tuesday, October 22 at 4:00 p.m. (UTC+2).

    Like Balcón del Sur, the Ribera del Pinar project involves granting a loan to partially finance the purchase of land in Navalcarnero, Madrid, where a 248-unit residential development under cooperative housing scheme with limited price public protection (VPPL) will be built.

    The 248 VPPL units will have three bedrooms, two bathrooms, large terraces, and extensive common areas with a swimming pool, patio, and private garden. In terms of location, the project is situated less than 30 km from the center of Madrid; it’s a 25-minute drive to Madrid via the A-5 or R-5 highways, and it’s also well connected by bus. Additionally, Navalcarnero is a city experiencing real estate growth, as it’s considered a more affordable and peaceful alternative close to Madrid. In fact, its population has grown by 13% since 2018.

    This is the second project we are financing with Urbanismo y Gestión, following Balcón del Sur, which was fully funded in just a few minutes with the participation of over 1,800 investors. This developer has nearly 40 years of experience in the sector and has delivered more than 9,000 homes. In Madrid alone, the developer has completed over 50 cooperative housing projects, amounting to around 1,800 homes.

    11.5% return in 12 months

    The Ribera del Pinar project follows a debt strategy. Urbanitae investors will participate by granting a loan in a single tranche with a fixed annual interest rate of 11.50% for 12 months to partially finance the purchase of the asset. Urbanitae investors will exit the project via bank refinancing after achieving two milestones: (i) approval of the construction permit and (ii) reaching 70% in pre-sales.

    Urbanismo y Gestión is contributing approximately 4.6 million euros, which accounts for 37% of the purchase price.

    The construction permit will be applied for before the end of the year, and the developer expects approval within five to six months based on their recent experience with the Navalcarnero town council.

    Mortgage guarantee and minimum 12-month return

    The total loan amount is 8,725,000 euros, of which 5,000,000 will be funded by investors through the platform.

    Full early repayment will be allowed at any time, subject to a minimum guaranteed return for the loan equivalent to 12 months of interest. A six-month extension beyond the initial 12 months is also permitted.

    Regarding the loan repayment guarantees, the loan contract includes a first-rank mortgage guarantee on the registered property (the land) that forms the basis of the project, through a guarantee agent.

    In this video, the developer and our Director of Real Estate, Sergio Arana, explain the key points of the Ribera del Pinar project.

    Return by October 2025

    The estimated term for this project is up to 12 months, with a possible 12-month extension at the 12-month mark. The construction permit is expected to be obtained between June and July 2025, and the 70% pre-sales level is expected to be reached between August and September of that same year. The refinancing of the Urbanitae loan by a bank, and therefore the exit of investors, would take place in October 2025.

    Do you have any questions? You can ask them in the webinar we’ll hold with the developer on Monday, October 21 at 12:30 p.m. (UTC+2). You can also reach us at contact@urbanitae.com or (+34) 911 23 25 22.

    Don’t miss the opportunity to invest in subsidized housing in Madrid with an 11.5% return in 12 months.

  • Invest in subsidized housing with an 11.5% annual return

    Invest in subsidized housing with an 11.5% annual return

    We bring you a new project on the platform, the fifth one in October and the first debt-based project. This time, we return to the Community of Madrid to invest in subsidized housing with an 11.5% return over 12 months. It will open for funding next Friday, October 18 at 12 p.m. (UTC+2). Interested? Here are all the details.

    The Balcón del Sur project consists of a bridge loan to partially finance the purchase of land in Navalcarnero, Madrid, for the development of a residential cooperative project with 144 limited-price public subsidized housing units (VPPL).

    The 144 VPPL units will have three bedrooms, two bathrooms, large terraces, and extensive common areas with a pool, patio, and private garden. As for the location, it’s worth noting that the project is less than 30 km from the center of Madrid, a 25-minute drive via the A-5 or R-5, and is also well connected by bus. Additionally, Navalcarnero is a town undergoing significant real estate expansion, as it is considered the most affordable and peaceful alternative near Madrid. It’s no surprise that its population has grown by 13% since 2018.

    The developer behind the Balcón del Sur project is Urbanismo y Gestión, with nearly 40 years of experience in the industry and over 9,000 homes delivered. In Madrid alone, the developer has completed more than 50 cooperative housing projects, totaling around 1,800 homes. Balcón del Sur is their second project in Navalcarnero, following the success of their first development of 102 units, which is now 100% sold and in the process of handing over the keys.

    11.5% return in 12 months

    The Balcón del Sur project follows a debt strategy. Urbanitae investors will participate by providing a loan in a single tranche with a fixed annual interest rate of 11.5% for 12 months to partially finance the acquisition of the asset. Urbanitae investors will exit the project via bank refinancing after achieving two milestones: (i) approval of the construction permit and (ii) reaching 70% of sales—100 units sold.

    Urbanismo y Gestión will contribute approximately €2.85 million for the purchase, which accounts for 35% of the purchase price.

    There is no construction permit yet, but it will be requested before the end of the year, and the developer expects it to be approved within 5 to 6 months, based on their experience with the Navalcarnero City Council.

    Mortgage guarantee and minimum 12-month return

    The total loan amount is up to €5,370,000, with €5,000,000 to be financed by Urbanitae investors via the platform, and the remainder by external investors.

    Full early repayment will be allowed at any time, subject to a minimum guaranteed return equivalent to 12 months of interest. A six-month extension is possible after the 12th month.

    Regarding the repayment guarantees, the loan agreement includes a first-ranking mortgage guarantee on the registered property that comprises the project (the land), overseen by a guarantee agent.

    In this video, the developer and our Director of Real Estate, Sergio Arana, explain the key aspects of the Balcón del Sur project.

    Return in October 2025

    The estimated timeframe for this project is up to 12 months, with a possible six-month extension after the 12th month. It is expected that the construction permit will be obtained between June and August 2025, and the 70% pre-sale level will be reached between August and September of the same year. The refinancing of Urbanitae’s loan by the bank, and thus the exit for investors, would take place in October 2025.

    Have questions? Join us for the webinar with the developer next Wednesday, October 16 at 12 p.m. (UTC+2). You can also reach us at contacto@urbanitae.com or (+34) 911 23 25 22.

    Don’t miss the opportunity to invest in subsidized housing with an 11.5% return in 12 months.

  • We’re launching our first project in France!

    We’re launching our first project in France!

    We’re thrilled to announce Urbanitae’s first project in France. We’re debuting in Europe’s largest market by volume, right next to Paris. The launch is scheduled for Thursday, October 17 at 4 p.m. (UTC+2). Below are all the details.

    The Marjolin project focuses on an office building in Levallois-Perret, adjacent to Paris. Urbanitae investors will provide capital to acquire this property, which is currently nearly 90% leased, with the goal of optimizing occupancy to reach 100%. Once its potential value is maximized, the property will be sold within a maximum of three years – 36 months.

    This office building, with a usable area of 4,779 square meters, was built in 1988 and fully renovated in 2014. It has six floors and 118 parking spaces spread across three underground levels – 11 of which are equipped with electric vehicle charging points. The building also includes an event space, a wellness area, a cafeteria, and storage space. Another key feature is its sustainable credentials: it is certified with the BBC Effinergie rénovation label for energy efficiency, ensuring energy savings and providing a competitive advantage for future resale. No additional work or administrative procedures are required for this building.

    As for the surrounding area, it is a fully developed zone with both offices and residential buildings catering to a mid-to-high purchasing power. The neighborhood is surrounded by parks, supermarkets, schools, and restaurants. Since the 2000s, Levallois-Perret has undergone significant transformation, including the rehabilitation of the Seine riverbanks in 2006, attracting a population of approximately 65,000 residents in 2022, thanks to its proximity to Paris and high-quality infrastructure.

    The manager of this opportunity is Babylone – Hadès, a reputable real estate operator with extensive experience in France, particularly in Paris. Since its inception, Babylone – Hadès has completed around 30 investment operations, focusing on property investment strategies and value-add projects, including changes in usage or rehabilitation of historic buildings.

    Capital gain strategy

    The Marjolin project follows a capital gain strategy, involving a partnership with the operator to acquire the building with the aim of achieving full occupancy and renegotiating leases to optimize the project.

    Urbanitae investors will contribute €2,510,000 – €10,000 of which will be kept within the holding company to cover administrative and management expenses. The operator will be responsible for the full management of the operation and will also invest its own capital, representing 23% of the total investment value.

    The building currently has four formalized tenants; part of the vacant space is secured with a new tenant, leaving only half of one floor unoccupied, with several interested parties already. Once the property’s value is maximized, it will be sold within a maximum of three years. The operator plans to initiate the sale once the building is fully leased.

    The sales promise was signed in early 2024, and the acquisition is scheduled for October 2024. €2,000,000 of the purchase price has already been disbursed. The purchase will be finalized by the end of October with the entry of the operator’s investors, alongside the bank. Additionally, the operator has reached an agreement with a leading financial institution to finance the project.

    Another important aspect is that since the property is already nearly 90% leased, it will generate cash flow from the start of the project.

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

    36-month profitability

    The estimated duration of this project is 36 months. As mentioned, the property purchase is expected to close by the end of October. Between Q3 2024 and Q2 2027, the vacant space will be leased, and potentially, lease contracts will be renegotiated while marketing efforts are underway. The sale of the building is projected for Q4 2027, after which the holding company will be liquidated, and profits will be distributed to investors.

    Do you have any questions? On Tuesday, October 15 at 12 p.m. (UTC+2), we will host a webinar where you can ask us anything about the project. We’re also available by phone at (+34) 911 23 25 22 and by email at contacto@urbanitae.com.

    Don’t miss out on our first project in France. We look forward to having you with us!

  • Invest in Barcelona with 60% of units reserved

    Invest in Barcelona with 60% of units reserved

    We bring you a new capital appreciation project with strong commercial progress, led by one of our most frequent developers. You can invest in Barcelona this Friday, October 11 at 12 p.m. (UTC+2).

    The Residencial Priorat project involves the development of a residential complex of 68 homes in Cornellà de Llobregat (Barcelona). The development consists of two blocks with 35 and 33 units, as well as a commercial space. The apartments will have two, three, or four bedrooms, and all units include a parking space and storage room. As usual, the project also features landscaped common areas, a swimming pool, and a gym.

    The location is excellent, with good connections to Barcelona via Trambaix (tram) and train, as well as road access.

    For this project, we are once again partnering with RTV Grupo Inmobiliario, with whom we have worked five times previously. Since 1999, this developer has completed more than 20 residential projects in Barcelona and Ibiza, delivering over 400 homes. Additionally, RTV Grupo Inmobiliario has advised on the purchase and sale of commercial real estate assets valued at over 600 million euros.

    60% of units reserved

    The Residencial Priorat project is a capital appreciation investment, meaning that investors will participate as partners of the developer in the construction of the 68 homes. Specifically, investors will contribute 2,910,000 euros to fund the acquisition of the asset and the initial project costs. It’s important to note that the developer already owns the asset, which was purchased under a deferred payment arrangement—these payments will be made with the financing raised through Urbanitae.

    One of the key strengths of the project is that 39 out of the 68 homes already have cash reservations (nearly 60%). Additionally, the building permit has already been requested, and it is expected to be obtained by the end of October 2024.

    To finance the construction, bank financing will be used—the developer already has an offer in place. Moreover, RTV Grupo Inmobiliario is investing its own funds into the project, representing 59% of the total investment capital.

    In this video, the developer and our Director of Real Estate, Sergio Arana, explain the details of the Residencial Priorat project.

    Return in 28-32 months

    Due to regulatory requirements (CNMV), we are unable to provide a projected total return for the project. However, you can calculate it using the information available in the project sheet with the following formula:

    (Revenue forecast – Cost estimate) / Total equity

    The estimated timeframe for this project is 28-32 months. The construction is expected to begin between the fourth quarter of 2024 and the first quarter of 2025, and will be completed between October 2026 and March 2027. The project will conclude with the liquidation of the company and the distribution of profits to investors, expected in the second or third quarter of 2027.

    As always, you can ask the developer any questions directly during the webinar on Wednesday, October 9 at 4 p.m. (UTC+2). You can also contact us at contacto@urbanitae.com or by phone at (+34) 911 23 25 22. Don’t miss out—ask questions and invest in Barcelona starting from just 500 euros.

  • Invest in new housing in Madrid

    Invest in new housing in Madrid

    We return to Madrid to present a new residential development project. We will open it for funding next Tuesday, October 8 at 4 p.m. (UTC+2). Interested? Here are all the details so you can invest in new housing in Madrid.

    The López de Hoyos project involves the development of a new residential building with between 22 and 24 apartments – the basic project is not yet finalized – located at 245 López de Hoyos Street in Madrid. The apartments will range from one to three bedrooms, each with a parking space, storage room, communal swimming pool, private pools for the ground-floor units, landscaped common areas, a community room, and a gym. In addition to the high quality of the development, the location stands out as it is in one of Madrid’s central residential neighborhoods.

    Regarding the developer, it’s a familiar face. Grupo Abauco has financed four projects with us and has also managed the Narváez project. We are well aware of their professionalism, backed by more than 15 years of experience in the residential and hotel sectors in Spain and Germany.

    Preferential returns for investors

    This project follows a capital gains strategy: Urbanitae investors will enter the project’s equity alongside the developer to build the 22-24 apartments. In total, they will contribute €3,835,000, which will go toward purchasing the land and covering the project’s initial costs until the developer loan is obtained.

    Grupo Abauco holds an exclusive purchase option for the acquisition of the land, which is debt-free. The plan is to apply for a building permit in December and obtain it in the third quarter of 2025. The developer will contribute around 27% of the total investment capital.

    One of the project’s key strengths is that we have agreed with the developer on a preferential return scheme for Urbanitae investors. Specifically, the developer will not be able to recover their equity or receive any profits until Urbanitae investors have received a 15% annual return (IRR) on their investment. To calculate the estimated return, you can use the formula (Revenue Forecast – Cost Estimate) / Total Equity, with the data provided in the project’s details.

    We also believe there is potential for improvement in both the expected timelines and the sales prices set by Abauco. Additionally, there is a possibility of obtaining a recap for investors once bank financing is secured.

    In this video, the developer and our Real Estate Director, Sergio Arana, explain the specifics of the López de Hoyos project.

    Profits in 30-34 months

    This project has an estimated duration of 30 to 34 months. As mentioned earlier, the building permit is expected to be obtained between July and September 2025. The construction is anticipated to be completed between the first and second quarters of 2027, and by the third quarter of 2027, the company will be liquidated, and profits will be distributed to Urbanitae investors.

    Do you have questions? You can ask them during the webinar with the developer, which will be held next Friday, October 4 at 12 p.m. (UTC+2). Additionally, you can reach us by phone at (+34) 911 23 25 22 or by email at contacto@urbanitae.com. Don’t miss this opportunity to invest in new housing in Madrid.

  • Invest in luxury housing in Lisbon

    Invest in luxury housing in Lisbon

    We’re back in Portugal to bring you our fifth project in the country. We’re returning to Lisbon with a luxury development that you’ll be able to invest in starting Wednesday, October 9, 2024, at 4:00 PM (UTC+2). Let us share all the details.

    The Quinta do Cedro project is located in the municipality of Oeiras, part of the Lisbon district—one of the 18 districts in Portugal. Specifically, the development is situated in the parish of Cruz Quebrada, a prime location, in the second line of the Tagus River and just a few meters from the Algés seafront promenade.

    The project we are financing involves the development, already underway, of a 22-unit multifamily residential building with gardens, balconies, private terraces, two rooftop pools, 59 parking spaces, and a gym. As you can see, this is a luxury development with all kinds of amenities.

    The developer is Vogue Homes, the same company we partnered with on our first project in Portugal, the Paulo Duque project. Vogue Homes has 20 years of experience in this type of product and specializes in new residential developments in Lisbon and its surrounding areas.

    45% of the construction already completed

    One of the key advantages of this project is that there’s no need to wait for a construction license—it has been in place since 2020. In fact, construction is already about 45% complete. Moreover, four units have already been pre-reserved, representing a commercial advance of 18%.

    This project follows a capital gains strategy. Urbanitae investors will partner with the developer to continue the progress of the Quinta do Cedro project. Specifically, investors will contribute €2,667,000. The developer is also investing their own capital, amounting to about 26% of the total investment.

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

    Preferred IRR of 15% for investors

    As with all capital gains projects, we cannot publish estimated returns. However, the expected profitability can be calculated from the project fact sheet using the formula: (Estimated Revenue – Estimated Costs) / Total Equity.

    We have agreed with the developer that returns will be preferential for Urbanitae investors. Specifically, we have arranged for Urbanitae investors to receive a preferential return on generated profits of 15% annually (IRR). This means that the developer will not receive any profits until Urbanitae investors have achieved an annual return of 15%.

    The estimated duration of the project is 20 months. Therefore, if the investment and construction monitoring are expected to take place in the fourth quarter of 2024, the construction should be completed by the second quarter of 2025. The homes will be delivered in the first quarter of 2026. Urbanitae investors will recover their money, according to the plan validated with the developer, between July and September 2026.

    Have questions? We’re happy to assist you by phone at +34 911 23 25 22 or by email at contacto@urbanitae.com. Additionally, we will be hosting a webinar with the developer on Wednesday, October 2, 2024, at 12:00 PM (UTC+2), where you can ask any questions.

    We look forward to seeing you on October 9 to invest with us in Lisbon.

  • Invest in Mallorca with an annual dividend of 5.3%

    Invest in Mallorca with an annual dividend of 5.3%

    We present a new rental project, the tenth one we’ve launched on the platform. You will be able to invest in it next Tuesday, October 1st, at 4:00 PM (UTC+2). Invest in Mallorca starting from just 500 euros: here’s how.

    With the Local Comercial Palma project, we return to the Balearic Islands, once again in partnership with Rubica Real Estate, with whom we have already financed four similar projects. This time, the objective is to acquire a 560-square-meter commercial space in Palma, the capital, leased to Rossmann, one of the largest drugstore chains in Europe. As with other rental projects, the idea is to obtain regular rental income and capital gains from its sale within 60 months.

    The project is located at number 5 Avenida de México. The property is situated in the Nou Llevant neighborhood, the city’s main expansion area, where more than 750 homes have been built in the last two years. The property is near the popular Portixol neighborhood, just minutes from the beach, 10 minutes from the airport, and only 2 km from Palma’s city center.

    5.30% annual return over 5 years

    The manager of this opportunity is Rubica Real Estate, with whom we have already collaborated on four occasions. The management team at Rubica has more than 50 years of experience; since its founding, the manager has participated in over 200 real estate operations, primarily involving commercial spaces.

    The tenant, Rossmann, has been renting the property since September 2023 and has a 20-year lease (until 2043), with the first three years being mandatory (until September 2026). Rossmann has been in business for over half a century. Last year, the company had revenues of more than 13.9 billion euros (14.4% more than in 2022) and is expanding in Spain, where it entered the market in 2020.

    The operation will be structured via equity. Urbanitae investors will contribute a total of 1,090,000 euros for the purchase of the property through a capital increase to the operation’s SPV.

    In this video, the developer and our Real Estate director, Sergio Arana, explain the project details.

    First dividend in the first quarter of 2025

    According to the lease agreement signed by the tenant, the project is expected to generate an average annual net dividend of 5.30%. It is important to note that the rent is indexed to the CPI, which provides protection against inflation. Starting in September 2025, there will be an annual upward rent adjustment based on CPI variation, capped at 4%.

    In addition, capital gains are also expected with the sale of the property within a maximum of five years. We are unable to provide an estimate of the expected return in this case due to regulatory restrictions, but it can be calculated from the data included in the Local Comercial Palma project sheet using the formula: (Estimated income – Estimated costs) / Total equity.

    The estimated duration of the project is five years, but starting in year 3, an exit window will open if market conditions are optimal. The first dividend is expected to arrive between January and March 2025. The exit window would open in the fourth quarter of 2027, and if not exercised, the liquidation of the company and distribution of remaining profits to investors would occur in the fourth quarter of 2029.

    Do you have any questions? You can contact us at (+34) 911 23 25 22 or via email at contacto@urbanitae.com. You can also ask any questions about the project in the webinar we will hold with the developer on Thursday, September 26th, at 4:00 PM (UTC+2).

    Don’t miss out on this opportunity. Invest in Mallorca and achieve quarterly returns of 5.3% annually.

  • Invest with a 17.5% return in Madrid

    Invest with a 17.5% return in Madrid

    We have a new project at Urbanitae! We are back in Madrid—a city where we have already financed almost 50 million euros across 35 projects—specifically in El Plantío. This is a prime development, which we are opening for investment on Tuesday, September 24, at 16:00 (UTC+2). Want to invest with a 17% return in Madrid? We’ll tell you how.

    The El Plantío project involves granting a loan for the acquisition, construction, and subsequent sale of six single-family homes in the Moncloa-Aravaca district of Madrid, in a neighborhood known as El Plantío.

    We are talking about prime homes: the development will consist of four duplexes, spread across two buildings with gardens, and two penthouses. The six homes will be equipped with high-quality features and will include three to four bedrooms, three or four bathrooms, an additional half-bathroom, and large terraces, each with a private pool.

    As for the area, El Plantío is located in the west of the Spanish capital and borders the towns of Majadahonda, Pozuelo de Alarcón, and Las Rozas de Madrid. The neighborhood has all kinds of services and is, in fact, one of the highest average annual income areas in Madrid.

    The developer of this project is Grupo Laseca, with more than 25 years of experience, specializing in the development and sale of residential assets in premium locations in Madrid, as is the case with the El Plantío project.

    17.5% return in 21 months

    This is a debt project, where Urbanitae investors will grant a fixed-rate loan to the company created specifically to develop the project. The total loan amount is 3,980,000 euros, structured in three tranches and fully financed by Urbanitae investors.

    This time, we are focusing on Tranche A of this loan, amounting to 1,180,000 euros. This tranche will have a 21-month term—with an option to extend for six months at month 21—and an annual interest rate of 10%. The contribution from Urbanitae investors will be used to finance part of the acquisition of the asset and general costs incurred until the license is obtained. Additionally, Tranche A will finance a recapitalization of 400,000 euros in equity that the developer has committed to repaying within a maximum period of six months and, in any case, before March 31, 2025.

    The developer, Grupo Laseca, has already contributed 80% of the asset purchase price from its own funds. The asset currently consists of land with a constructed building. The project involves acquiring the asset and demolishing the existing building to then develop six single-family homes. The demolition license has already been approved, while the construction license was applied for in August 2024 through the ECU (Urban Collaborative Entity). Another strong point is that three of the six homes are already reserved.

    Loan with mortgage security

    Full early repayment will be allowed at any time, meaning that the developer can repay the loan before the planned 21 months. However, they must pay a minimum return equivalent to 12 months of interest. There is also an option for a six-month extension beyond month 21, subject to 80% progress in the construction and 66% in sales.

    In debt projects, it is essential to understand the guarantees included in the loan agreement in case the developer is unable to make payments. Among other things, the El Plantío project includes a first-ranking mortgage on the registered property on which the project will be developed through a collateral agent. Investors who enter subsequent tranches will be subordinated to this same mortgage.

    Urbanitae investors will exit through the sale of the development.

    In this video, the developer and our Real Estate Director, Sergio Arana, explain the details of the project.

    Returns in 2026

    The estimated timeline for this project is 21 months, with a possible six-month extension at month 21. As planned, in September 2024, the loan will be granted by Urbanitae investors. In October, the developer will obtain the aforementioned recapitalization, which will be repaid to the project in the first quarter of 2025, when construction will begin. Construction is expected to be completed in the second quarter of 2026, which will also be when the development is sold and delivered.

    Do you have any questions? You can ask them at the webinar we are holding with the developer tomorrow, Friday, September 20, at 12:00 (UTC+2). As always, you can contact us by phone at (+34) 911 23 25 22 or by email at contacto@urbanitae.com. Don’t hesitate and invest with a 17.5% return in Madrid!

  • New project! Invest in Alicante with a 30% reservation rate

    New project! Invest in Alicante with a 30% reservation rate

    We present to you a new capital gain project. This Friday, September 13th at 12:00 (UTC+2), you will have the opportunity to invest in Villajoyosa, Alicante. Here are all the details.

    The Allonbay Urban project consists of the development of a new residential promotion comprising 23 homes, divided into one block of 15 apartments with one, two, and three bedrooms, and another block with 8 one-bedroom apartments. The development also includes 20 storage rooms, 13 parking spaces, and common areas such as a gym, sauna, gastroteca, and solarium.

    Allonbay Urban is located in Villajoyosa, on the town’s main avenue, less than 200 meters from the beach. The development offers sea views on the Costa Blanca and benefits from direct connections to Alicante, as well as tourist spots like Benidorm, Jávea, Denia, and Gandía.

    The project manager is Quadratia, a company founded in 2005, which has participated in the development of over 7,500 homes across the country, with a particular focus on the Mediterranean coast. In addition to its extensive experience, this is the fourth project in which it has collaborated with Urbanitae, following the financing of Allonbay Aura, Allonbay Azure, and Allonbay Alba developments, which are 84%, 57%, and 59% sold, respectively, with construction work ongoing in two of them.

    Building permit requested

    The project follows a capital gain strategy. This means that Urbanitae investors and the developer become partners in the development. Their contributions will go towards the purchase of the plot on which the project will be built and to cover the start-up costs until the developer loan is granted.

    Specifically, Urbanitae investors will contribute 2,080,000 euros, while Quadratia will handle the comprehensive management of the project and contribute 20% of the total investment capital.

    Among the strengths of this project is that commercialization began in June 2024, and 7 of the 23 homes have already been reserved, representing 30% of the total. The signing of the sales contracts will take place after the developer loan is granted and along with the start of construction, which is expected in the second quarter of 2025.
    As for the building permit, it has already been requested and is expected to be granted during September or October 2024.

    Profitability in 26-30 months

    As in all capital gain projects, the regulator (CNMV) does not allow us to provide an estimated profitability figure. Additionally, we are required to present two additional scenarios to the one we consider as the baseline. In all of them, profitability is calculated in the same way, based on the project file data. The formula is as follows: (Revenue forecast – Cost estimate) / Total equity.

    In summary, the estimated duration of this project is 26-30 months. The operation is expected to close in the third quarter of 2024. Construction work is expected to begin in the first quarter of 2025, and between the third and fourth quarter of 2026, the construction is expected to be completed, with the first occupancy license obtained, and the homes handed over. Finally, between the second quarter of 2026 and the first quarter of 2027, profits are expected to be distributed among investors.

    In this video, our CEO, Diego Bestard, along with the developer, explains the key aspects of the project.

    In any case, if you still have questions, you can check out the webinar we held with the developer last Wednesday, September 11th. Additionally, you can contact us at contacto@urbanitae.com and (+34) 911 23 25 22. What are you waiting for to invest in new construction in Alicante with us?

  • New project in Málaga! 11.9% return in 11 months

    New project in Málaga! 11.9% return in 11 months

    We present a new debt project in Málaga. Next Wednesday, September 11 at 4:00 PM (UTC+2) you will have the opportunity to invest in the Costa del Sol with a total return of 11.91%. We tell you everything you need to know.

    The Bulevar 360 II project is the continuation of Bulevar 360. It involves the granting of a bridge loan to refinance the mortgage burden on the asset. In addition, part of the acquisition costs, urbanization, general costs, and other fees and expenses will be financed until the building permit is obtained for the development of 165 homes in Málaga.

    Bulevar 360 contemplates the development of 165 homes in a residential development with around 17,000 m² of buildable area. These residences will have between 1 and 4 bedrooms, an equipped kitchen, a garage, and storage included. They will also feature large terraces, swimming pools, green areas, and playgrounds on a surface of more than 7,500 m².

    The project is located in the Cortijo Merino sector, in Málaga. This area, which is currently undergoing urbanization, is located within the productive center of the city, near the University of Málaga, the Andalusia Technology Park (PTA), and the city’s main business parks. It is also close to Málaga Airport and the Trade Fair and Congress Center.

    The developer of this project is Nuovit, the third financed by the platform. Nuovit is a real estate management company with over 30 years of experience specializing in new-build homes for sale, coordinating all phases of an urban development project, from identifying the investment opportunity to promoting the asset. Other projects funded by Urbanitae and managed by Nuovit, besides this promotion’s Tranche A, include Las Lagunas de Mijas and Oceánika.

    13% return in 11 months

    This promotion is a debt project. Urbanitae investors will come together to provide the developer with a loan. In this case, it is the second disbursement of Tranche A, aimed at refinancing the mortgage burden of the asset so that we can take a first-ranking mortgage on it.

    This project is divided into two tranches, Tranche A and Tranche B. Tranche A is further divided into two disbursements: the first, for an amount of 1,660,000 euros—funded in August—to cover urbanization costs, general costs, and fees.

    The second disbursement totals €5,175,000, of which €3,340,000 will be financed by Urbanitae investors and the rest by external investors. Both disbursements of Tranche A will have a fixed annual rate of 13%.

    In total, the loan amount reaches €9,325,000, of which €5,000,000 will be financed through Urbanitae investors and the remaining €4,325,000 by external investors, including part of the second disbursement of Tranche A and a subsequent Tranche B.

    First-ranking mortgage guarantee

    Regarding repayment guarantees, a first-ranking mortgage has been established for the second disbursement of Tranche A and for the total Urbanitae loan on the registered property where the project will be developed, through a security agent. Additionally, the contract includes a first-ranking pledge on bank accounts and SPV shares.

    Moreover, the project manager requested the building permit two months ago and expects to obtain it within the next 7-11 months. The project also has 12 reservations, 7 of which are formalized, after sales began in late August 2024 through one of Málaga’s and the Costa del Sol’s main sales agents.

    The estimated timeline for this project is 11 months—with a possible 6-month extension in month 11. In August 2024, the first disbursement of Tranche A was closed by Urbanitae investors. In this promotion, the refinancing of the first-ranking mortgage will take place. Subsequently, in April 2025, the building permit and the minimum pre-sales level required by the bank for loan approval are expected to be obtained. Finally, in August 2025, the bank’s developer loan and the exit of Urbanitae investors are anticipated.

    In this video, the developer and Diego Bestard, CEO of Urbanitae, explain the project details.

    …

    If you have any questions, you can ask them during the webinar we will hold on Tuesday, September 10 at 9:30 AM (UTC+2). As always, you can also contact us via email at contacto@urbanitae.com or by phone at (+34) 911 23 25 22.

  • New project! Invest in new development in Marbella

    New project! Invest in new development in Marbella

    UPDATE 17/09/2024: Next Thursday, September 19, at 4:00 p.m. (UTC+2), we will open funding for the Salvia II – Tranche II project.

    After the closure of the first phase (the Salvia II project), the manager has once again decided to trust us to increase our participation in the company, providing a new ticket of 2,500,000 euros to develop the same project.

    You can find all the project details below. However, if you have any questions, you can ask them during the webinar we will hold with Grupo ABU on September 18 at 12:15 p.m. (UTC+2). We look forward to seeing you!

    We have a new project at Urbanitae. We bring you the opportunity to invest in Marbella in new development during the second phase of the Salvia Project next Tuesday, September 3rd at 4 PM (UTC+2). The first phase was financed by Urbanitae in August 2023, located on the plot adjacent to this promotion. We provide all the details below.

    The Salvia II project involves the development of a new residential promotion that includes 98 apartments with 2, 3, and 4 bedrooms and 4 commercial units in San Pedro de Alcántara (Marbella). All apartments include a garage, storage room, and terraces. The promotion also includes an outdoor pool, indoor heated pool, gym, spa, coworking space, social club, and landscaped areas.

    The project is located in San Pedro de Alcántara, on Manuel González Portilla Street, one of the most sought-after areas within the Costa del Sol. The plot is five minutes by car from San Pedro de Alcántara beach and near several golf courses.

    As it is the second phase of the project, it is almost identical to the one financed in phase I. However, Salvia II will have an additional apartment and one more basement. In addition, both projects include four commercial units located at the corners of the buildings and common areas.

    The manager of this opportunity is Grupo ABU, a real estate developer with 25 years of experience in which they have delivered over 3,500 homes, mainly in Andalusia. In addition to their extensive track record, it’s worth noting that this would be the fourth promotion financed through Urbanitae, following the Uniqa, Manilva, and phase I of the Salvia Project residential projects.

    Capital gains strategy

    The project has a capital gains strategy. This means that we enter into a partnership with the developer to develop the promotion. Specifically, Urbanitae investors’ contribution will be used to support the startup costs of the project and part of the costs for acquiring the land, along with an external financing tranche that will complete the remaining payment.

    The project ticket amounts to €2,500,000. Grupo ABU will handle the comprehensive management of the promotion and, together with the accompanying investors, will contribute 57% of the total investment capital.

    Regarding the building permit, it has already been requested by the manager for the project’s execution. The granting is expected during the last quarter of 2024, considering the licensing timelines for phase I and that the project is very similar to the one already approved.

    Marketing will be carried out with NVOGA Marbella Realty, the same agency that led the campaign in phase I of the Salvia Project and which has already achieved a commercial progress rate of 65%.

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

    Profitability in 30-34 months

    A period of 30-34 months has been estimated for the Salvia II project. In the first quarter, the capital increase and land acquisition are expected. Between the fourth quarter of 2024 and the first quarter of 2025, the building permit is expected to be obtained, and thus, the start of construction works. Between the first and second quarters of 2027, the occupancy license and the delivery of the homes are expected. Therefore, in the second quarter of 2027, the distribution of profits to investors is anticipated.

    As with all capital gains projects, the regulator does not allow us to disclose estimated return figures. However, it can be easily calculated from the project sheet information. The formula for calculation is: (Revenue Forecast – Expense Estimate) / Total Equity.

    Do you have questions? You can send them to us on our Telegram channel that we will hold with Grupo ABU next Friday the 30th at 12 PM (UTC+2). As always, we remind you that you can reach us at contacto@urbanitae.com and at (+34) 911 23 25 22. Don’t miss the chance to invest in the first line of the Costa del Sol with Urbanitae.

  • Invest in Burgos with 70% of the promotion sold”

    Invest in Burgos with 70% of the promotion sold”

    At Urbanitae, we present a new value-added project in Burgos. This time, you can invest in a new development project in the center of Burgos. The presentation will be on Tuesday, August 20 at 12 PM (UTC+2). Here are more details.

    The Torre Zenit project involves developing a new residential promotion consisting of 84 apartments with 3 and 4 bedrooms and 18 tourist apartments in the center of Burgos. Additionally, the development includes a commercial space and facilities such as 84 storage rooms and 132 parking spaces. The common areas will feature a communal pool, landscaped areas, and a gym.

    The Torre Zenit promotion is located on Eduardo Ontañón Street, in the San Pedro y San Felices neighborhood, in the southwest of Burgos. This area is currently the main residential expansion zone in the region, though it is already fully consolidated and equipped with all types of services.

    The manager for this project is Grupo Pecsa, a leading construction company with over 80 years of experience. The group has extensive national experience, especially in Madrid and northern Spain, as well as abroad. They are currently developing over 1,000 homes.

    The promotion is also supported by the BSA architecture studio, which leads the technical development of the project, and Grupo San Pablo, responsible for marketing the homes.

    Building permit already granted

    This project is value-added, meaning that the promoter and Urbanitae investors will become partners. Specifically, investors will contribute €4,820,000, intended for recapitalizing part of the funds provided by the three current partners of the promotion: Grupo Pecsa, BSA, and Grupo San Pablo.

    A favorable point for this project is that the manager already owns the land on which the development will take place. Additionally, the building permit has been granted, and construction began in early 2024, with the project currently in the foundation and structure phase. The construction is financed by a loan already granted by one of the major national banks.

    The marketing of the project is very advanced, with over 70% of the units already sold, including all 18 tourist apartments and 59 of the 84 homes.

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

    Profitability in 26-30 months

    The estimated duration of this project is 26 to 30 months. The operation is expected to close in the third quarter of 2024, with construction completed by the fourth quarter. The liquidation of the company and distribution of profits among investors is anticipated between the fourth quarter of 2026 and the first quarter of 2027.

    As with all value-added projects, the regulator does not allow us to provide estimated profitability figures. However, it can be easily calculated from the project sheet information. The formula for calculation is: (Projected income – Estimated expenses) / Total equity.

    If you have any questions, you can reach us on our Telegram channel, opening Thursday, August 8 at 4 PM (UTC+2). As always, you can contact us at contacto@urbanitae.com and at (+34) 911 23 25 22. Don’t miss the opportunity to invest in a prime area of Marbella with Urbanitae.

  • New project with 12% annual profitability in Marbella

    New project with 12% annual profitability in Marbella

    We return with a new debt project on Urbanitae. Next Tuesday, July 30 at 12 PM (UTC+2), you will have the opportunity to invest in a luxury villa development in the Guadalmina Alta urbanization in Marbella.

    With the Guadalmina Alta project, we head to Marbella (Málaga). In this case, we are talking about the first part, section A, of the loan to finance the development of 5 individual luxury villas in the Guadalmina Alta urbanization in Marbella. The asset is owned by the borrower, who first acquired the plot and divided it into 5 lots. At the current stage, the previous villa has already been demolished, and construction will begin once the loan is secured, which will finance 100% of the mortgage burden of the asset and part of the construction and general project costs.

    The development is located at 23rd Street 405 in the municipality of Marbella, province of Málaga. Besides being one of the most touristy destinations nationally and internationally, the project is half a meter from the beach, surrounded by several golf courses, and close to the center of San Pedro de Alcántara (3km) and Puerto Banús (5km). The villas will have between 4 and 5 bedrooms, distributed over 3 floors, with patios, terraces, and parking spaces. Additionally, it will be located in an exclusive urbanization and built on a large garden with a pool and jacuzzi, solarium, and space for a gym or cinema room.

    As for the developer, it is Hormitech, known for its innovative use of advanced technology to create high-quality homes in reduced times. To date, this Spanish company, specializing in the promotion and construction of modular homes, has delivered more than 50 projects, half of which have been in the province of Málaga.

    12% profitability in 12 months

    The Guadalmina Alta project is a debt project. Therefore, Urbanitae investors join forces to grant a loan to the developer for the first section that will culminate in the construction of 5 individual luxury villas. The loan amount this time is €2,140,000, and the contract establishes a fixed rate of 12% and a duration of 12 months.

    The total cost of the project amounts to €8,140,000, divided among which up to €5,000,000 of Sections A, B, and C will be financed through the platform and external investors, and Section D will be fully financed by the platform.

    The loan from Urbanitae investors is therefore divided into four sections (although part of the third section C is financed outside the platform). For now, section A will have an annual fixed rate of 12% to start financing the first part. The exit for Urbanitae investors will be through the sale of 5 villas.

    First-rank mortgage guarantee

    Regarding the repayment guarantees of said loan, a first-rank mortgage promise is established on the lots of both developments, as well as a first-rank pledge promise on the shares of the SPV.

    The expected duration of this project is 18 months -with a possible extension of 6 months-. Once the Urbanitae loan is secured, construction of the villas will begin, followed by their marketing and sale, and then the loan repayment. Ultimately, the loan repayment is expected to occur in January 2026.

    In this video, the developer and Diego Bestard, CEO of Urbanitae, explain the project details. In any case, if you have questions, you can ask them in the webinar we are holding on Monday, July 29 at 12:00 PM (UTC+2) with the developer, José María Gómez-Acebo, Director of Institutional Investors, and Joaquín Uríbarri, VP of the Real Estate team. As always, you can contact us via email at contacto@urbanitae.com and by phone at (+34) 911 23 25 22.

    In any case, if you have questions, you can ask them in the webinar we are holding on Monday, July 29 at 12:00 PM (UTC+2) with the developer, José María Gómez-Acebo, Director of Institutional Investors, and Joaquín Uríbarri, VP of the Real Estate team. As always, you can contact us via email at contacto@urbanitae.com and by phone at (+34) 911 23