- Experienced developer: The project owner has experience in residential real estate development in the Toledo and Madrid regions. In total, the developer has completed approximately 260 residential units with a combined area of around 40,000 m².
- Construction progress: Construction works are proceeding according to plan – the project is already 33.16% complete, and 5 out of 8 houses have been reserved.
- Interest in the project: The developer has already signed 5 preliminary reservation agreements, demonstrating strong market interest in the project. Demand for detached houses in the El Viso de San Juan area is growing, while the supply of newly built housing remains limited.
Interest rates by investment amount:
– From EUR 100 to EUR 299 – 9.00%
– From EUR 300 to EUR 699 – 9.40%
– From EUR 700 to EUR 1,999 – 9.80%
– From EUR 2,000 to EUR 4,999 – 10.20%
– From EUR 5,000 to EUR 14,999 – 10.60%
– From EUR 15,000 – 11.00%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
The project owner is developing a new-build residential housing project in El Viso de San Juan, Toledo Province, Spain. The project is being developed on a plot owned by the developer, where 8 detached single-family houses are planned, with a total above-ground area of 856.56 m².
Construction works are proceeding according to plan – according to reports prepared by the project architect and an independent property valuer, the current construction progress stands at 33.16%. The most advanced works include earthworks – 95% complete, utility infrastructure installation – 95%, foundations – 100%, structural works – 85%, and masonry works – 65%. External works have also commenced. Project sales are also progressing – preliminary purchase and sale agreements have currently been concluded for 5 out of the 8 houses under development.
The project is being developed in one of the most promising residential development areas around Madrid. El Viso de San Juan is part of the rapidly growing south-western Madrid suburban corridor, where demand for affordable detached housing is increasing. Some residents commute daily to Madrid for work, while a significant share of demand is also generated by the nearby Illescas logistics and industrial hub, which is home to international companies such as Amazon, Airbus, and other logistics operators. The supply of newly built housing in the region remains limited, helping new detached-house developments maintain steady buyer interest.
Investments raised during this stage will be used to continue the project’s construction works.
Planned construction completion – Q2 2027.
The total projected sales revenue of the project amounts to approximately EUR 2.33 million.
Loan information:
The loan will be repaid from proceeds generated by property sales or through refinancing with another credit institution. Interest will be paid from the company’s working capital.
The project loan agreement is valid until 21 August 2027. Funds for the project may be raised in stages, and the duration of this financing stage is 12 months, but no longer than until 21 August 2027.
The maximum planned financing amount for the project is EUR 1,200,000 (EUR 350,000 already raised). The project is financed based on the current value of the pledged property until the maximum permitted loan-to-value ratio (LTV) is reached. Once the maximum LTV is reached, a new construction progress certificate will be required to update the property value. Subsequent financing stages will be announced and funded only if the established maximum LTV is not exceeded.
The target amount is planned to be raised within 7 days, with the possibility of extending the period up to 30 days if the full amount is not raised within the initial period.
About the Profitus
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.
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.
