{"id":54151,"date":"2024-12-31T12:05:20","date_gmt":"2024-12-31T11:05:20","guid":{"rendered":"https:\/\/blog.urbanitae.com\/?p=54151"},"modified":"2024-12-31T12:12:15","modified_gmt":"2024-12-31T11:12:15","slug":"new-project-in-malaga-invest-with-a-14-annual-return","status":"publish","type":"post","link":"https:\/\/blog.urbanitae.com\/en\/2024\/12\/31\/new-project-in-malaga-invest-with-a-14-annual-return\/","title":{"rendered":"New project in M\u00e1laga! Invest with a 14% annual return"},"content":{"rendered":"\n

Today we return once again to M\u00e1laga to present a new project. On this occasion, it is a bridge loan to finance part of the acquisition costs of two plots of land located in the province of M\u00e1laga. You will be able to invest on Friday, January 3, at 12:00 (UTC+1).<\/strong> Below, we provide all the details of the project.<\/p>\n\n\n\n

The Varadero project<\/a> involves the granting of a loan to finance the acquisition costs of two plots of land<\/strong>, one in Almayate, located in the Valle de Niza area 25 km from M\u00e1laga city, and the other in Benahav\u00eds, a consolidated residential area surrounded by nature and just 12 km from Puerto Ban\u00fas.<\/p>\n\n\n\n

Regarding the development of the promotion, the Almayate plot<\/strong> has a license for the development of 125 apartments<\/strong> in blocks with up to four bedrooms, 136 parking spaces, and 122 storage rooms, as well as landscaped common areas and a communal pool. On the other hand, the Benahav\u00eds plot<\/strong> is pending urbanization works and has a granted license for the development of 28 detached homes<\/strong> with 3 bedrooms each, equipped with a terrace, porch, parking, and private garden. Additionally, it features exclusive community areas, including a pool, sauna, and gym.<\/p>\n\n\n\n

The developer of this project is Grupo San Pablo<\/strong>, a company with 15 years of experience<\/strong> in the real estate sector, more than 40 completed projects, and 3,000 properties throughout Spain and internationally, including the development of luxury homes in the Dominican Republic.<\/p>\n\n\n\n

Approved construction license and first-rank mortgage guarantee<\/h2>\n\n\n\n

The Varadero project<\/a> is a debt project. The partnership between the developer and Urbanitae investors is structured as a fixed-rate loan to finance part of the acquisition costs (purchase and purchase costs) and commercialization.<\/p>\n\n\n\n

Both assets are located in sectors with approved subdivision and urbanization projects and construction licenses. However, in the case of Benahav\u00eds, the license is conditioned on completing the pending urbanization works.<\/p>\n\n\n\n

The total loan amount is \u20ac6,695,000, of which \u20ac5,000,000 will be financed by the platform through Urbanitae investors<\/strong>, and the remaining \u20ac1,695,000 by external investors. The total loan will be structured in a single tranche with a fixed annual interest rate of 14%, backed by a first-rank mortgage<\/a> guarantee on the registered properties on which the project is being developed.<\/p>\n\n\n\n

In this video, the developer and our Real Estate Director, Sergio Arana, explain the details of the project.<\/p>\n\n\n\n

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