• Debt Project in Forte dei Marmi, Italy

• Amount Tranche: €1,220,000 // Term: 18 months

• 12% Simple annual interest

• 18% Total return 

• Loan guarantees

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

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

     3. Sales Mandate on the asset

We are pleased to present our first project in Italy, which consists of granting a loan to rehabilitate a luxury villa in Forte dei Marmi (Tuscany), one of the most exclusive coastal areas in Italy. The loan will be used to finance part of the acquisition, construction costs, and general rehabilitation costs.  

The house is distributed over two levels, with a commercial area of 188 m2 and a rooftop of 72 m2. The house will have 2 bedrooms, 3 bathrooms, an outdoor pool, terrace, and garden. 

The project already has a building license; work will begin one month after the purchase of the asset.

Forte dei Marmi is a prestigious coastal tourist town located on the north coast of Tuscany, along the Versilia Riviera. In recent decades, it has become one of the most exclusive summer destinations in Italy and southern Europe, often referred to as "the Hamptons of Italy" or "the Saint-Tropez of Tuscany".

This area of the province of Lucca is known for its high-income tourism and luxury, with long sandy beaches, its proximity to the Apuan Alps, and an elegant and pedestrian urban center, full of boutique hotels, gourmet restaurants, luxury fashion shops, and private beach clubs ("bagni").