- Unique Location: The project is being developed in a central and prestigious area of León, in a historic square that attracts heavy tourist traffic. Tourism accounts for 70–80% of all overnight stays in the city.
- Construction Progress: Construction has already started, with the project currently at 17% completion. Key preparatory works – land acquisition, permits, and demolition – have been completed, and the project is progressing as planned.
- Experienced Developer: The developer has over 11 years of experience in real estate – from residential construction to short-term rental project management.
Interest Rates by Investment Size:
– From 100 EUR to 299 EUR – 8.50%
– From 300 EUR to 699 EUR – 8.90%
– From 700 EUR to 2 499 EUR – 9.30%
– From 2 500 EUR to 7 499 EUR – 9.70%
– From 7 500 EUR to 24 999 EUR – 10.10%
– From 25 000 EUR to 49 999 EUR – 10.50%
– From 50 000 EUR – 11.00%
Important: individual investments are not cumulative and cannot be combined.
About the Project:
The project owner is developing a short-term rental apartment complex in one of Spain’s most historically significant cities – León. Located at Plaza Puerta Obispo No. 15 D, in the heart of the city, the site is a prestigious, tourist-heavy square considered one of the top spots for short-term rentals in León.
León is a historically rich city with a strong identity. Domestic tourism dominates here: 70–80% of all hotel stays are made by Spanish tourists. This is a unique location where obtaining a construction permit is extremely difficult and new development opportunities are very limited. The owner has already purchased the land, secured the permit, demolished the previous building, and started new construction.
The project involves building 6 short-term rental tourist apartments. Current construction progress stands at 17%. The project value has significantly increased due to expanded building rights. The owner's analysis shows that the increased buildable area and prime location have boosted the property’s value well above the initial acquisition cost. 205,000 EUR of the owner's own funds have already been invested, and the project is expected to generate 173,002 EUR in net rental income from short-term rentals over 18 months.
The funds being raised in this stage will be used for further development and to refinance an existing loan from another credit institution.
Loan Information:
The loan will be repaid through refinancing at another credit institution. Investor interest will be paid from the company’s working capital.
Maximum Project Financing: 850,000 EUR. The project will be financed based on the current appraised value of the pledged property until it reaches the maximum LTV ratio. If the maximum LTV is reached, a new third-party updated valuation will be performed. Further financing rounds will be announced only if the maximum LTV is not exceeded.
The target amount is expected to be raised within 7 days, with the possibility to extend up to 30 days if needed.
About the Profitus
Profitus ist eine Crowdfunding- und Investitionsplattform mit einer Mindestinvestition von 100 Euro. Profitus-Investitionen sind durch Immobilienhypotheken gesichert. Ihre Investition ist durch eine erste oder zweite Hypothek auf die Immobilie sowie durch andere Sicherheiten (z. B. eine Bürgschaft oder Garantie) gesichert. Transaktionen werden über Lemonway, einen regulierten Zahlungsdienstleister, abgewickelt.
Profitus ist eine Crowdfunding- und Investitionsplattform, deren Hauptziel es ist, Investitionen für alle verfügbar zu machen. Investitionen beginnen bei 100 Euro, und die Plattform ist 24/7 geöffnet. Investitionen sind durch die Verpfändung von Immobilien und anderen Sicherheiten (z. B. Entschädigung oder Garantie) gesichert. Verschiedene Projekte haben unterschiedliche Sicherheitsinstrumente, auf die Benutzer im Selbstbedienungsmodus für jedes Projekt zugreifen können.
Profitus berät sich mit der Bank von Litauen, um eine perfekte Einhaltung des Gesetzes sicherzustellen. Profitus arbeitet mit Lemonway, einem regulierten Zahlungsdienstleister.
