
Annual profitability
11%
Madrid | Project Walk of the Olives
Paseo de los Olivos 90, Madrid
725,000 €
0 €
Annual profitability
11%
0
18 months
Economic summary
- Loan project in Madrid
- Ticket: 725,000€ // Term: 18 months
- 11% annual return
- Project number 20 with GRUPANXON, which has returned 14 meeting the forecasts
We present a new project that consists of granting a loan for the acquisition of 3 commercial premises and their subsequent transformation into 3 projects composed entirely of 66 storage rooms and two apartments:
• Torres de Lucero Project: The first premises are located in Madrid capital, specifically in the Puerta de Ángel neighborhood. The project will house 33 storage rooms, of which 9 have already been reserved. The promoter has signed a deposit contract with the sellers. In addition, given the nature of the project, the works can begin once the financing is signed, since the license is processed through a Responsible Declaration.
• Joaquín Turina Project: The second premises are located in the southwest of Madrid, in the Carabanchel district, in the Buenavista neighborhood and will be transformed into 33 storage rooms, of which 7 have already been reserved. In the same way as in the Torres de Lucero Project, the works can begin as soon as the financing is obtained, since the license is processed through the Responsible Declaration.
• Móstoles Project: located on Salcillo Street 7, in Móstoles, this project consists of transforming the premises into 2 apartments. In this case, the premises have already been acquired by the promoter and part of the loan granted by Urbanitae investors will go to the development of the work.
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Location
Paseo de los Olivos 90,
Madrid, España