• 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: 19.29% of the construction works have been completed to date. Initial construction works, the majority of earthworks, and a significant portion of the foundation and structural installation works have been carried out. Despite more challenging geological conditions and the discovery of hard bedrock in part of the site, construction activities continue according to the revised schedule, creating the conditions necessary to proceed to the next stages of development.
• 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, 3 out of 13 homes (23 %) have already been and received relevant deposits too. 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:
According to the latest construction update, 19.29% of all construction works have been completed. During the project development, unforeseen geological conditions were encountered, as exceptionally hard bedrock was discovered in part of the site, complicating and slowing down the foundation installation works. As a result, the project schedule is currently delayed by approximately two months. Despite these challenges, construction activities continue in accordance with the revised plan. Significant earthworks have been completed, while the underground structural section, foundations, and load-bearing structures are currently under construction. Ground stabilization and retaining wall works are also ongoing to ensure the stability of the building and the safe execution of subsequent construction stages. The foundation installation phase is one of the most technically important stages of the entire construction process, as it ensures proper load transfer to the ground, structural stability, and provides the basis for the construction of the above-ground structures.

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 1,470,000 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.