Closed
Loan

Zaragoza | Arquerías Residential Project

COANFI

Avenida Patio de los Naranjos (sector 89/3, suelo C-13), Zaragoza

COANFI

2 projects
Funded

1,970,000 €

Investors

1,128

Estimated
22%

Return

11%

IRR

24

months

Obtained
17%

Return

10.7%

IRR

19

months

Investment Term

24 months

Funding Date

December 2023

Economic summary

Annual Interest11%
Total Profitability22%

We present a new project that consists of granting a loan for the development of a new residential promotion that encompasses 89 homes of Officially Protected Housing (VPO) of 3 bedrooms in Arcosur (Zaragoza). All homes will have a garage and storage room. The promotion will also include a community pool, landscaped common areas, and 24 additional garage spaces for sale


The promotion is located on the street Avenida Patio de los Naranjos (sector 89/3, land C-13). It is one of the main arteries of Arcosur, the main expansion neighborhood of Zaragoza, which has more than 3,000 homes built during the last decade and currently concentrates more than 80% of the new construction license applications in the city. It is a sector in the development and consolidation phase, located 5 minutes from the Plaza Imperial shopping center.


Arcosur is a neighborhood in the expansion phase located west of the city of Zaragoza, with a population close to 5,000 inhabitants and located just 10 minutes by car from the city center and Zaragoza airport.

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Manager

COANFI

COANFI is a construction and real estate development company founded in 2004, with four branches located in Zaragoza, Valencia, Malaga and Barcelona, employing over 140 workers, including its own team of architects and engineers.

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Location

Avenida Patio de los Naranjos (sector 89/3, suelo C-13),

Zaragoza, España