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- Unique location: The project is being developed in a central and prestigious location in León, in a historic square that attracts significant tourist flows. As much as 70–80% of all overnight stays in the city are generated by tourism.
- Construction progress: The project has already reached approximately 79.20% construction completion. The inner courtyard works are nearing completion, with only the finishing works remaining. Drywall installation is almost complete in all apartments, while underfloor heating and cooling systems have already been installed in 4 out of 6 apartments.
- Additional security: The company's shareholders provide additional personal guarantees for the entire loan amount.
Interest rates based on investment amount:
– From EUR 100 to EUR 349 – 9.50%
– From EUR 300 to EUR 749 – 9.75%
– From EUR 750 to EUR 2 999 – 10.00%
– From EUR 3 000 to EUR 4 999 – 10.25%
– From EUR 5 000 to EUR 9 999 – 10.50%
– From EUR 10 000 to EUR 24 999 – 10.75%
– From EUR 25 000 – 11.00%
Important: Individual investments are not cumulative and cannot be combined.
About the Project:
The project owner continues the development of a short-term rental apartment project in one of Spain's most historically significant cities – León. The project is being developed at Plaza Puerta Obispo, No. 15 D, in the central part of the city, in a prestigious and highly frequented tourist square, considered one of the most attractive locations for short-term rental activity in León.
Construction works are progressing according to plan and have currently reached approximately 79.2% completion. Exterior works have focused on the preparation of the inner courtyard, including drainage, waterproofing, and the installation of the concrete slab, with only the finishing works remaining. Inside the building, the staircase for the duplex apartment has been installed, drywall installation is almost complete in all apartments, and radiant underfloor heating and cooling systems have already been installed in 4 out of the 6 apartments.
At this stage, the funds raised will be used for the refinancing of the existing loan, providing the project developer with additional time to complete the remaining interior fit-out works and successfully finalize the project.
Upon completion of the project and the commencement of short-term rental operations, the project is expected to generate EUR 173 002 in net rental income during the first 18 months. The project's attractiveness is further strengthened by its location. León is a city with a strong historical and cultural identity, where 70–80% of all hotel overnight stays are generated by domestic Spanish tourists. Due to strict heritage protection requirements, opportunities for new developments in the city centre are very limited, resulting in a constrained supply of high-quality properties suitable for short-term rentals.
Loan information:
The loan will be repaid through refinancing with another credit institution. Interest payments to investors will be made from the company's operating funds.
The maximum planned project financing amount is EUR 850 000. The project is financed based on the current pledged asset valuation until the maximum permitted Loan-to-Value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation will be required, and subsequent financing stages will only be launched if the maximum permitted LTV is not exceeded.
Please note that the loan amount will be disbursed after the mortgage has been signed and mortgage priority has been granted. Mortgage registration may take several weeks after the funds have been disbursed. Interest for investors will start accruing from the date the mortgage agreement is signed, in accordance with standard market practice in Spain.
The funding target is planned to be raised within 7 days, with the possibility of extending the funding period up to 30 days if the target is not reached.
About the Profitus
Profitus est une plateforme de crowdfunding et d’investissement avec un investissement minimum de 100 euros. Les investissements Profitus sont garantis par des hypothèques immobilières. Votre investissement est sécurisé par une première ou une deuxième hypothèque sur la propriété, ainsi que par d’autres garanties (par exemple, une caution ou une garantie). Les transactions sont gérées par Lemonway, un fournisseur de services de paiement réglementé.
Profitus est une plateforme de crowdfunding et d’investissement dont le principal objectif est de rendre l’investissement accessible à tous. Les investissements commencent à 100 euros, et la plateforme est ouverte 24/7. Les investissements sont garantis par la mise en gage de biens immobiliers et d’autres garanties (par exemple, une indemnité ou une garantie). Différents projets ont différents outils de sécurité auxquels les utilisateurs peuvent accéder en libre-service pour chaque projet.
Profitus consulte la Banque de Lituanie afin d’assurer une conformité parfaite avec la loi. Profitus fonctionne avec Lemonway, un fournisseur de services de paiement réglementé.
