Total return

21%

Funded
Loan

Marbella | Villa Alcalá Project

COGITARI HOMES

C/ Alcalá 15-D, 7G - Nueva Andalucía, Málaga

COGITARI HOMES

8 projects
Funded

2,175,000 €

Total

0 €

Total return

21%

Investors

0

Investment Term

24 months

Economic summary

Annual Interest10,50%
Total Profitability21%

Villa Alcalá Project


Debt project in Marbella

Amount: €2,175,000 // Term: 24 months

21% total profitability 

LTV: 55.27%   -   LTC: 66.53%

Loan guarantees

          1. First rank mortgage on the asset.

          2. Pledge of the shares of the SPV owning the asset.

          3. Pledge of the bank accounts of the SPV owning the asset.



We present a new project that consists of granting a loan for the financing of the development of a luxury villa in Marbella. The loan from Urbanitae investors will be used to cancel the principal of the existing mortgage on the land where the asset will be developed, as well as to complete the works. 


The developer owns the land, which was acquired with own funds and a loan granted by an alternative financier, has a granted license and has already started the works. The villa has 5 bedrooms, 5 bathrooms, parking for 4 vehicles, entertainment and TV room, space to incorporate a gym and cellar.  Outside there is a space equipped with a kitchen for barbecues, private pool and solarium area.


Villa Alcalá is located in Nueva Andalucía, Marbella, inside the prestigious neighborhood of La Cerquilla, where they have private security, the house is surrounded by landscaped areas and natural vegetation, directly bordering the Las Brisas golf course


Marbella, located on the Costa del Sol, is one of the main destinations in the entire province of Malaga. It has large beaches, natural spaces, golf courses, luxury residential complexes, shops and restaurants. It is the main tourist attraction both nationally and for high-income foreigners.

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Manager

COGITARI HOMES

COGITARI HOMES es un grupo inmobiliario formado por trabajadores especializados en la construcción y desarrollo de villas de lujo para venta y apartamentos de alta gama para alquiler. Fue fundada por el danés Lars Christensen, quien cuenta con más de 30 años de experiencia en el sector inmobiliario en Dinamarca. 

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Location

C/ Alcalá 15-D, 7G - Nueva Andalucía,

Málaga, España