6 luxury single-family homes in Manilva, Málaga
6 luxury single-family homes in Manilva, Málaga
Profitability
Around 23% margin on sales. For rent at 6% profitability.
Investment
Total investment €3,000,000.
Sales
Total sales €3,700,000.
Project phase
-
2024
In Studio
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2024
Project opening
-
In management
-
Final delivery and sale
PROJECT INFORMATION
We presenta new project that consists of an investment to buy land for 6 single-family homes under construction in the short term and at a below-market price. The manager has already tested the commercial potential and will be the manager of the homes if the investor so wishes. The investor must acquire the plots for the 6 homes, purchasing the plot and paying the owner the price, along with the amounts necessary to start the work including taxes, this is €630,000 and the rest will be financed or contributed by the investor, all of this, in unity of act in the initial contribution, and under the management of the Domain platform, which can be counted on subsequently for the management of the rentals. If you do not have financing, you must contribute the rest of the capital until the total investment is reached.
The development is located in the Chullera beach area in Manilva. This beach, with its coves and low cliffs, forms a small rocky cape of great ecological value and scenic interest.
Photos
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Are you interested?
Send us an email if you are interested in this project using the following form and Register at DOMAIN and we will contact you to inform you appropriately.
PROJECT 6 LUXURY SINGLE-FAMILY HOMES IN MANILVA
How does it work?
Project Description
The investment is structured as a purchase by acompany of the investor where the investor can contribute the capital to the company directly. Domain will sign a delegated promotion contract with the investor.
The promotion consists of 6 single-family homes under promotion in one of the best areas of Malaga.
Structure
WHY INVEST?
There are several reasons to invest in this project:
The project has already confirmed its commercial viability, with many interested in housing and rentals. The province of Malaga is one of the best to invest in Spain. The occupation is full and the necessity is absolute.
The project is managed by DOMAIN, an entity with professionals with more than 20 years of experience in the real estate sector in the area and with whom we have already worked previously.
The promoter of the DOMAIN investment is investing its own capital in it until the entry of the investor with its own management since it has already carried out the analysis, real estate management, etc., which aligns the interests of all the agents participating in the investment.
The promoter acquires a project already registered in the Property Registry and completed in the future, which substantially shortens the period of obtaining profitability.
The profitability that the investor will obtain will be a 23% margin on sales, which allows him to be more competitive in the market if he wants to sell it. In addition, the purchase price for the investor is 20% below the market, which allows you to optimize your investment from the beginning.
MARKET
A market study has been carried out to determine whether the sales prices proposed by the developer are reasonable.
Although there are new construction and housing promotions in the area, all of them contemplate higher sales prices than the DOMAIN project. Approximately 20% below the market price in unit price.
The average price in idealista for apartments
In addition, the projects have a parking space, both of which are very rare in the area and therefore represent an added value to the project.
You can see more information in the documentation, Sales Witnesses, where you will find a list of homes for sale in the area.
WHEN WILL I GET BACK THE MONEY INVESTED?
Theagreed completion period for the project is 18-24 months. It must be taken into account that the deadlines depend on the management with the administration and third parties that can cause the deadlines to be extended, so we have been cautious in this regard.
RISKS
Risk of not reaching the expected construction rates, and consequently delays in deadlines.
Risk of not achieving the rental prices expected in the investment business plan.
Diversion of fixed costs associated with the investment, unforeseen in the rehabilitation of the homes if you want to sell them.
Warnings and risks
Domain Asset Management (Domain) has the status of an investment and management services company, but not a credit institution, and, therefore, is not a member of any investment guarantee fund or guarantee fund of deposits. The information published by Domain on its Website is solely for informational purposes for management.
The financing projects published by Domain on its third-party Website are not subject to authorization or supervision by the National Securities Market Commission or the Bank of Spain, therefore, all information provided by the promoter in relation to the projects has not been reviewed by them.
The estimated return on the investment is net for the investor. In any case, the withholdings established by tax regulations will be applied to the income obtained.
Investment in the projects published on this Website may entail certain risks, such as the risk of an increase in the capital invested due to changes in the prices or services provided for in the economic analysis carried out by third party decisions. Therefore, we warn investors to only invest an amount that they are willing to invest, but do not be in a hurry to recover as the time in this type of process can sometimes take longer.
Promoter / Manager
Location
Documents
If you would like to have access to the following documents about this project please register using the ‘REGISTER’ button in the header (upper right corner of the page) or log in if you are already registered (‘ACCESS’ button).
If you are interested, register as indicated in the previous paragraph and we will contact you shortly to give you personalized information about the project.
- Complete Domain Dossier
- Legal documents
- Economic analysis.
- Pre-project
- Cadastral information.
Contact
info@domainassetmanagement.es
(+34) 911 99 41 42
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