Somosaguas Project | Madrid

• Debt project in Madrid

• Loan Amount: €1,570,000 // Term: 12 months

• Maximum ticket per investor: €5,000

• 12.0% annual // 12.0% total return

• Loan guarantees

          1. Second lien mortgage on the asset, with mortgage liability of 140% of the principal amount of the debt disbursed on day one. 

          2. Pledge of the SPV's shares.

          3. Pledge without intervention of funds from the Borrower's bank accounts.

          4. Irrevocable power of sale in favor of Urbanitae investors

We present a new project that consists of the granting of a second lien mortgage loan to finance the completion of the construction of a luxury villa located in the Somosaguas A development, Pozuelo de Alarcón (Madrid).  

This is a villa under construction with a built area of 1,325 m2 – 1,138 m² according to the Land Registry – on a plot of 2,415 m2 that has 6 bedrooms, 8 bathrooms and a garage with 4 parking spaces. It has a large garden with a swimming pool, a second outdoor kitchen and a water well. In the basement, the house includes a multipurpose room, gym area, jacuzzi and hamman. The house has the latest technology and home automation, as well as the highest energy rating certificate A+, being practically self-sufficient in terms of electricity and water consumption.

The development is located in the Somosaguas A Urbanization, within the municipality of Pozuelo de Alarcón, one of the most exclusive residential areas in the west of Madrid. The house is very close to green areas such as the Casa de Campo, golf courses such as La Finca Country Club or the Santander Golf & Sports. The house is less than 5 minutes by car from prestigious public and private schools and private hospitals, and less than 10 minutes from renowned hospitals. Finally, the project is well positioned in terms of transport connections, less than 20 minutes by car from the center of Madrid and very close to the M-40 ring road and the provincial roads M-503 and M-501.

Pozuelo de Alarcón, located in the west of Madrid, remains the municipality with the highest purchasing power in Spain with an average gross per capita income in 2022 of €85,523 according to the Tax Agency. Pozuelo is one of the municipalities with the highest quality of life due to the abundance of green areas, first-rate services (hospitals, schools, shopping areas, sports facilities, etc.) and optimal connections by public transport, car, train or metro, consolidating Pozuelo as one of the Spanish cities whose inhabitants have a longer life expectancy.