Annual profitability

10.5%

Funded
Loan

Marbella | Vivaldi Project

Calle Vivaldi 24, Málaga

Funded

2,340,000 €

Total

0 €

Annual profitability

10.5%

Investors

0

Investment Term

18 months

Economic summary

Interest rate10,50%
Total Profitability15,75%

Click HERE to watch again the Webinar "Urbanitae up close - Vivaldi Project", which took place on Friday, June 5 at 12:00 (GMT+2)


Vivaldi Project | Sierra Blanca, Marbella


• Debt project in Sierra Blanca, Marbella

• Amount Tranche A: € 2,340,000 // Term: 18 months (+6+6)

• 10.50% Simple annual interest

• Total profitability Tranche A: 15.75%

• Loan guarantees

1. First rank mortgage on the asset

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

3. Pledge of the project SPV's bank accounts

4. Irrevocable Sale Mandate on the asset

5. Promoter's capital commitment letter


We present a new project that consists of the granting of a senior loan to (i) partially refinance an existing CapEx loan, (ii) complete the construction works and the equipment (FF&E) of a luxury villa in the exclusive Sierra Blanca development, Marbella, and (iii) finance a partial recapitalization of the promoter's own funds. The project is currently at a certified work progress of over 65%.


The asset consists of a new single-family villa with a total built area of 2,032 m² on a corner plot of 2,025 m². The house will have 7 bedrooms, 8 bathrooms, a cinema room, a wine cellar, a complete wellness area with spa, gym, indoor parking and a large garden area with a pool. Orientation with panoramic views of the sea and the mountains from all floors.


The project has a Building License in force on a finalist urban land, and the construction —carried out by a local construction company specialized in the luxury segment— is more than 65% complete.


The villa is located in Sierra Blanca, the most exclusive gated community in Marbella's Golden Mile, just 3.3 km from the Golden Mile, 5.3 km from the center of Marbella and 9 km from Puerto Banús, with an elevated position that guarantees panoramic views of the sea and the mountains.


The Sierra Blanca development represents the highest standard of the luxury residential market on the Costa del Sol. This exclusive enclave combines 24-hour security, absolute privacy and a privileged location in the heart of the Golden Mile, making it the preferred destination for ultra-high net worth international buyers. Its structural scarcity of supply and strong sustained demand give assets located within the development a liquidity and appreciation potential superior to any other enclave on the Costa del Sol.

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Location

Calle Vivaldi 24,

Málaga, España