{"id":66542,"date":"2025-07-16T08:45:00","date_gmt":"2025-07-16T06:45:00","guid":{"rendered":"https:\/\/blog.urbanitae.com\/?p=66542"},"modified":"2025-08-20T18:10:42","modified_gmt":"2025-08-20T16:10:42","slug":"new-project-residential-investment-with-88-pre-sold-in-el-molar-madrid","status":"publish","type":"post","link":"https:\/\/blog.urbanitae.com\/en\/2025\/07\/16\/new-project-residential-investment-with-88-pre-sold-in-el-molar-madrid\/","title":{"rendered":"Residential Investment with 88% Pre-Sold in El Molar (Madrid)"},"content":{"rendered":"\t\t
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We\u2019re kicking off the second half of July with a new real estate investment opportunity. This time, we\u2019re 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<\/a><\/em> project will open for investment on Friday, July 18 at 12:00 p.m. (UTC+2).<\/strong><\/p>\n

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New Homes, Nearly All Already Sold<\/h2>\n

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The Residencial La Mola<\/a><\/em> 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\u2019s city center.<\/p>\n

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One of the project\u2019s biggest strengths is its advanced sales status: 60 of the 68 homes are already reserved<\/strong>, representing 88% of the total. In addition, the project already has a granted building permit<\/strong> and bank financing secured<\/strong> with a top-tier financial institution, which reinforces its viability.<\/p>\n

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The Developer: Experienced in the Madrid Market<\/h2>\n

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The project will be developed by Nero Quality Consulting<\/em>, 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 Torrej\u00f3n 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.<\/p>\n

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In this case, the developer is partnering with Urbanitae\u2019s investors to finance the land acquisition<\/strong> and cover costs not included in the bank financing<\/strong>, which will fund the construction and part of the technical costs.<\/p>\n

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How Is the Investment Structured?<\/h2>\n

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The operation is structured through a capital increase<\/strong> in the SPV Bayaz Properties 7 S.L.<\/em>, which will then invest in the development company La Mola Habitat S.L.<\/em> The total contribution from Urbanitae investors will amount to \u20ac2,210,000<\/strong>, of which \u20ac10,000 will be allocated to cover SPV management costs.<\/p>\n

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The developer will contribute 20% of the total project equity<\/strong>, which amounts to \u20ac2,750,000. Construction is scheduled to begin in the third quarter of 2025<\/strong>, and the delivery of the homes is estimated for the third quarter of 2027<\/strong>. We\u2019ve agreed with the developer on a preferred IRR of 13% for Urbanitae investors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Key Reasons to Invest<\/h2>\n

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Here are the project\u2019s main strengths:<\/p>\n

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\u2705 Very advanced sales status<\/strong>: 88% of the homes already reserved.
\u2705 High-potential location<\/strong>: El Molar, north of Madrid, with strong road access.
\u2705 Building permit granted<\/strong> and bank financing secured<\/strong>.
\u2705 13% preferred IRR<\/strong> for Urbanitae investors
\u2705 Experienced developer<\/strong> with skin in the game, aligning interests with investors.
\u2705 New-build homes<\/strong> in an area with limited housing supply.<\/p>\n

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What Return Can I Expect?<\/h2>\n

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In compliance with regulations, Urbanitae cannot publish specific return projections for equity projects<\/a>. However, you can get an idea of the expected performance by reviewing the favorable scenario<\/strong> in the project\u2019s investment sheet, where projected revenues, costs, and total capital contributions are compared.<\/p>\n

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You can also consult the valuation report from B\u00e1sico Real Estate<\/strong>, an independent advisory firm that confirms the developer\u2019s sales price expectations.<\/p>\n

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When Will I Get My Investment Back?<\/h2>\n

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The estimated duration of the project is 26 to 28 months<\/strong>:<\/p>\n

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