• Strategically attractive location: The project is located in a quiet, green part of the Horta Guinardó district, just a few minutes from the center of Barcelona and the Collserola Natural Park. The area is characterized by a limited supply of new developments and growing demand, which gives this location strong long-term investment potential.
• Construction progress: Currently, 15.51% of the construction works have been completed in the project. The initial construction works have been finished, most of the earthworks have been completed, and a significant part of the structural and foundation installation has been carried out, allowing the project to move to the next construction stages.
• Additional security: As additional security to protect investors’ interests, the company’s shares and the project’s bank accounts are pledged, providing the possibility to realize the assets more efficiently if necessary.

Interest rates according to investment amount:
– From 100 EUR to 349 EUR – 9.00%
– From 350 EUR to 749 EUR – 9.25%
– From 750 EUR to 2 499 EUR – 9.50%
– From 2 500 EUR to 7 499 EUR – 9.75%
– From 7 500 EUR to 24 999 EUR – 10.00%
– From 25 000 EUR – 10.40%
Important: individual investments are not aggregated and cannot be combined.

About the Project:
The developer continues the development of the Edificio Arenys residential apartment project in Barcelona’s Horta Guinardó district. The project will consist of two contemporary design buildings connected by a central shared space. In total, 13 homes of various types are planned, including 1–4 bedroom apartments, penthouses with private terraces, and ground-floor apartments with private outdoor spaces.

The complex will also include parking spaces and storage units. Each home is designed to maximize natural light and create functional, comfortable living spaces. The terraces will allow residents to enjoy views of the Collserola mountains and a high quality of life.

Market context and sales progress:
Edificio Arenys is being developed in one of the most attractive residential districts of Barcelona – Horta Guinardó, where the supply of new developments is limited and demand is steadily growing. The district maintains strong demand from both local and foreign buyers due to its good price-to-quality ratio and strategic location within the city. It also stands out for its balanced combination of urban amenities and proximity to nature, making it one of the most attractive residential areas in the city.

Currently, 7 out of 13 homes (54 %) have already been sold or reserved, and the sales pace is exceeding the planned schedule. The developer expects that within the next three months at least 3 deposits of 15 % of the property price will be received and 4 final purchase agreements will be signed. Sales will continue progressively during the construction period. The average selling price of the homes is 4 122 EUR/m², while comparable properties in the area range between 4 357–5 086 EUR/m². Such pricing provides the project with a competitive advantage and increases its commercial attractiveness.

Construction progress:
The total project implementation period is 24 months, including construction, documentation, and commercialization processes. On February 17, 2026, an independent third-party valuer confirmed that invoices related to completed works amounting to 2 341 931,39 EUR have already been substantiated within the project. According to the reported construction progress, 15.51% of all construction works have currently been completed. The progress of works is detailed as follows:

• 100% of the initial construction works completed;
• 85% of earthworks completed;
• 23.45% of structural and foundation works completed.

The key construction stages completed so far include the majority of earthworks, the formation of the underground structural part, and significant progress in the installation of foundations and structural elements. Soil reinforcement and retaining wall works are also being carried out to ensure safe excavation and to protect the underground structure from soil movement and water impact.

This stage is one of the most technically important phases in the construction process, as it ensures structural stability, proper transfer of loads to the ground, and allows the project to proceed to further above-ground construction works.

Loan information:
The main source of loan repayment will be the final payments from end buyers for the sold homes. Additionally, the company’s shares and bank accounts are pledged, providing the possibility to realize the assets more quickly if necessary.

The maximum planned Project financing amount: 2,800,000 EUR (Already raised 1,270,000 EUR). Funds may be raised in stages. The Project is financed according to the current valuation of the pledged assets until the established maximum loan-to-value ratio (LTV) is reached. Once the maximum LTV is reached, a new property valuation will have to be carried out and further Project financing stages will be announced and raised only if the established maximum LTV is not exceeded.

Please note that the loan amount will be disbursed after the mortgage is signed and the mortgage priority is granted. Mortgage registration may take several weeks after the funds are disbursed. Interest for investors will start accruing from the date the mortgage agreement is signed, in accordance with common market practice in Spain.

We plan to raise the funding amount within 7 days with the possibility to extend it up to 30 days if the funds are not collected.