Closed
Loan

Mallorca | Andratx Project

DMARCHEE

C/ Poniente 1A, Islas Baleares

DMARCHEE

1 projects
Funded

2,800,000 €

Investors

890

Estimated
12%

Return

12%

IRR

12

months

Obtained
12.5%

Return

12.2%

IRR

12.5

months

Investment Term

12 months

Funding Date

October 2023

Economic summary

Annual Interest12%
Total Profitability12%

We present a new project that consists of the granting of a loan for (i) the cancellation of 100% of the principal of the loan granted by an alternative debt fund for the acquisition of the plot located in Andratx, Mallorca, as well as (ii) financing the final interior finishes on a villa already built on said plot. The project has a garden area that surrounds the entire house and goes up in the form of terraces to the roof, which is a solarium area that has an infinity pool, jacuzzi, barbecue and terrace area with the best views of the port of Andratx.



The asset is located in the upper area of the port of Andratx, on the mountainside. Port d’Andratx has gone from being a fishing port to being one of the most touristic points on the island of Mallorca, thanks to its location surrounded by coves with transparent waters and for having one of the most valued marinas on the island. It has all kinds of services for a great stay, it has a multitude of prestigious restaurants and nightlife centers, it also has a multitude of activities to do during the day thanks to its marina and proximity to some of the best coves on the island.

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Manager

DMARCHEE

DMARCHEE is a project that emerged in 2014 with the union of several professionals trained in the real estate and construction sector with over 35 years of experience and more than 2,000 homes delivered, and to provide service to financial entities, investment funds, private investors, SOCIMIs and other real estate companies in the development and management of their real estate assets.


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Location

C/ Poniente 1A,

Islas Baleares, España