{"id":53310,"date":"2024-11-26T18:15:15","date_gmt":"2024-11-26T17:15:15","guid":{"rendered":"https:\/\/blog.urbanitae.com\/?p=53310"},"modified":"2024-11-26T18:16:47","modified_gmt":"2024-11-26T17:16:47","slug":"new-project-in-marbella-invest-with-a-10-return-in-12-months","status":"publish","type":"post","link":"https:\/\/blog.urbanitae.com\/en\/2024\/11\/26\/new-project-in-marbella-invest-with-a-10-return-in-12-months\/","title":{"rendered":"New project in Marbella! Invest with a 10% return in 12 months"},"content":{"rendered":"\n

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).<\/strong> Below, we provide all the details about the project.<\/p>\n\n\n\n

The Cazorla – Piemonte III<\/a><\/strong> project is, as the name suggests, the third phase of the Cazorla – Piemonte<\/a> 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.<\/strong> 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 Andaluc\u00eda district.<\/p>\n\n\n\n

The developer, Casas Fintech<\/strong>, is the same one behind phases A and B. Casas Fintech is an experienced investment management company specializing in luxury real estate<\/a>, with a strong presence on the Costa del Sol. It is part of the Portuguese group SGPS, one of Portugal\u2019s most renowned investment consortia.<\/p>\n\n\n\n

Construction progress at 60%<\/h2>\n\n\n\n

Since the second phase<\/a> was funded in April, construction on both villas has progressed from 20% to the current 60%.<\/strong><\/p>\n\n\n\n

Casa Cazorla is a luxury villa with five bedrooms\u2014two with walk-in closets\u2014five 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.<\/p>\n\n\n\n

Casa Piemonte is a luxury single-family home with six bedrooms\u2014four with walk-in closets\u2014seven 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.<\/p>\n\n\n\n

10% return in 12 months<\/h2>\n\n\n\n

The Cazorla – Piemonte III<\/a><\/strong> project is a debt-based investment. Urbanitae investors will partner with the developer through a fixed-rate loan<\/strong> to fund both developments. The remaining financing will come from the developer\u2019s own funds, as both projects progress simultaneously.<\/p>\n\n\n\n

The total loan amount is \u20ac7,480,000. The third phase\u2014Phase C\u2014amounts to \u20ac2,701,000 and will be used to continue construction. The loan carries a fixed annual interest rate of 10% with a 12-month term.<\/strong><\/p>\n\n\n\n

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<\/strong> 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<\/strong> on the properties under development.<\/p>\n\n\n\n

It is important to note that the sale of all the villas is not required<\/strong> to repay the loan.<\/p>\n\n\n\n

In this video, the developer and our Real Estate Director, Sergio Arana, explain the project details. You can also watch the recorded webinar<\/a> addressing key questions about the project.<\/p>\n\n\n\n

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