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Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
Apartments Puerta del Obispo, Leon II
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  • Unique location: The project is being developed in a central and prestigious area of León, in a historic square that attracts a high flow of tourists. Tourism accounts for 70–80% of all overnight stays in the city.
  • Construction progress: Construction is already underway – the current completion rate stands at nearly 26%. The main preparatory works were carried out in the previous stage, and now structural and engineering works are being implemented, ensuring the project is progressing steadily according to plan.
  • Experienced developer: The project owner has more than 11 years of experience in the real estate sector – from residential construction to the management of short-term rental projects.

Interest rates based on investment size:
– From EUR 100 to EUR 299 – 7.50%
– From EUR 300 to EUR 699 – 7.70%
– From EUR 750 to EUR 2 499 – 7.90%
– From EUR 2 500 to EUR 7 499 – 8.10%
– From EUR 7 500 to EUR 24 999 – 8.30%
– From EUR 25 000 – 8.50%
Important: Separate investments are not added together 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 implemented at Plaza Puerta Obispo, No. 15 D, in the central part of the city, a prestigious square with high tourist traffic, considered one of the best locations in León for short-term rentals.

The project is progressing successfully – since the previous stage, construction completion has increased from 17% to nearly 26%. The architect has confirmed that the works are proceeding according to the construction plan (90% of the exterior load-bearing walls and 100% of the structural floors have been completed). At this stage, funds will be used for further development – roofing, windows, façade finishing, partitions, and other structural and engineering installations. This will ensure that by early 2026 significant progress will be made, bringing the project much closer to completion.

Additional value is created by the increased building plot coverage, which has significantly raised the project’s overall value. Due to the higher development intensity and the exceptional location, the property’s value now far exceeds the initial acquisition price. A total of EUR 205,000 of equity has already been invested, and during the first 18 months of operation, the project is expected to generate EUR 173,002 in net rental income from short-term tourist rentals.

León is a historic city with a strong identity, where the tourism sector is mainly domestic: Spanish tourists account for 70–80% of all overnight stays. It is an exclusive location, where obtaining a construction permit is extremely difficult and new project development opportunities are very limited.

Loan information:
The loan will be repaid by refinancing with another financial institution. Interest for investors will be paid from the company’s working capital.

Maximum planned project financing amount: EUR 850,000 (EUR 350,000 already raised). The project is financed based on the current valuation of the pledged property until the set maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is achieved, a new property valuation will be required, and further project financing stages will be announced and raised only if the maximum LTV is not exceeded.

We plan to raise the required amount within 7 days, with the option to extend up to 30 days if the funds are not collected.

Location
Plaza Puerta Obispo 15D, León, Spain

About the Profitus

ECSP license
Profitus Verified platform

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros. Profitus investments are secured by real estate mortgages, Your investment is secured by a first or second mortgage on the property, as well as by other collateral (e.g. a surety or guarantee). Transactions are managed through Lemonway, a regulated payment service provider.

Minimum investment
100 EUR
Advertised return
11,4%
Investors
44,041
Payment options
Direct debit, Bank transfer
Total funding volume
254,260,361 EUR
Average loan duration
N/A
What does Profitus offer?

Profitus is a crowdfunding and investment platform whose main goal is to make investment available to everyone. Investments start at 100 euros, and the platform is open 24/7. Investments are secured by pledging real estate and other collateral (e.g., indemnity or warranty). Different projects have different security tools that users can access in self-service for each project.

Profitus consults with the Bank of Lithuania in order to ensure perfect compliance with the law. Profitus operates with Lemonway, a regulated payment service provider.

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