- 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 progressing rapidly – the project has already reached 41,48 % completion, and preliminary purchase-sale agreements have been signed for 5 out of 8 houses under development.
- Market Interest: The developer has already signed 5 preliminary reservation agreements, indicating strong market interest in the project. Demand for single-family homes in the El Viso de San Juan region is growing, while the supply of newly built housing remains limited.
Interest Rates Based on Investment Amount:
– From 100 EUR to 299 EUR – 10.50%
– From 300 EUR to 699 EUR – 10.80%
– From 700 EUR to 1 999 EUR – 11.20%
– From 2 000 EUR to 4 999 EUR – 11.60%
– From 5 000 EUR to 9 999 EUR – 12.00%
– From 10 000 to 19 999 EUR – 12.50%
– From 20 000 EUR – 13.00%
Important: Separate investments are not added together 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 land plot fully owned (100 %) by the developer, where 8 detached single-family houses with communal areas and a swimming pool are planned to be constructed. The total planned above-ground area of the houses will be 856,56 m².
Construction works are progressing rapidly – according to the report certified by the project architect, the overall construction progress currently stands at 41,48 %. The most advanced works include earthworks – 95 % completed, utility network installation – 95 %, foundations – 100 %, structural works – 95 %, and masonry works – 80 %. In addition, 80 % of insulation and waterproofing works and 40 % of roofing works have been completed. Electrical installation, heating system installation, and exterior works have also commenced.
Currently, preliminary purchase-sale agreements have been signed for 5 out of the 8 houses under development.
The project is being developed in one of the most promising residential development areas in the Madrid metropolitan region. El Viso de San Juan is part of the rapidly growing southwestern Madrid suburban corridor, where demand for affordable single-family housing is increasing. Some residents commute to Madrid for work, while a significant share of demand is also generated by the nearby Illescas logistics and industrial hub, which hosts international companies such as Amazon, Airbus, and other logistics operators. The region has a limited supply of newly built housing, which helps maintain stable buyer interest in new single-family housing developments.
The funds raised during this financing stage will be used to continue the project's construction works. Construction is scheduled for completion in Q2 2027.
The total projected sales revenue of the project is approximately 2,33 million EUR.
Loan Information:
The loan will be repaid from property sales proceeds or through refinancing with another credit institution. Interest payments will be made from the company's working capital.
The project's loan agreement is valid until 2027-08-21. Funds for the project may be raised in stages, and the duration of this financing stage is 10 months, but no later than 2027-08-21.
The maximum planned financing amount for the project is 1 200 000 EUR (500 000 EUR already raised). The project is financed based on the current valuation of the pledged property until the established maximum 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 valuation. 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 fundraising period 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.
