518 high-rise homes for a Mediterranean town and open collective in Arroyo Vaquero in Estepona next to Estepona Golf and Alcazaba Lagoon beach. With the possibility of acquiring the total 609
518 high-rise homes for a Mediterranean town and open collective in Arroyo Vaquero in Estepona next to Estepona Golf and Alcazaba Lagoon beach. With the possibility of acquiring the total 609
Profitability
More than 30% margin on sales. For rent above 6%.
Investment
Total investment €40,500,000 with completed urbanization works and plot R.1. Initial investment with urbanization works of 17,000,000.
Project phase
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2021
In study
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2022
Project opening
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In management
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Final delivery and sale
PROJECT INFORMATION
We present a new project consisting of an investment to buy 518 homes already registered in the Property Registry, which has an approved Partial Plan, Urbanization and Reparceling Project, and the latter registered in the Land Registry. Plot R.1 with building license granted and in structures. All this below a market price. The manager has already tested the commercial potential and has a housing manager. The investor must acquire the 518 homes, buying the plots R.1, R3 and R5 and the mortgage debt of R.2., together with the amounts owed in taxes with the possibility of acquiring the entire area (609) , all this under the management of the Domain platform that will monitor the completion of the works and manage the rentals.
The development is located in the Arroyo Vaquero area next to the new Estepona hospital, surrounded by golf courses, the Alcazaba Lagoon and with sea views. A wonderful independent home to enjoy with the family.
Photos
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Are you interested?
Send us an email if you are interested in this project using the form below and Register at DOMAIN and we will contact you to inform you accordingly.
Project 518 homes in Arroyo Vaquero Estepona
How does it work?
Domain is a manager of “your smart investment”. We operate in a transparent manner, we seek for the client “the best of their investments, profitability, and management“. All the information that we work with in real time is accessible by the client on our website in such a way that they have no doubts about what we are doing with their investment.
Project description
The promoter of this opportunity is managed by DOMAIN ASSET MANAGEMENT S.L, a company created and directed by specialists from the world of investment and promotion, with professionals from more than 20 years of experience. Their work focuses on a market niche for promotions, which are not attractive to the big promoters and usual investment funds in the sector, and which takes advantage of the fact that the client can discount a % of the management and optimize your investment.
The investment is structured as a purchase by an investor company or the Domain company where the investor can contribute capital to the company either directly or in a participation account (receives the final producer after purchasing the houses). The Domain company has not pre-granted the loan to the vehicle company, “ASSET DEVELOPMENT BY DOMAIN S.L.” (exclusive for this project) so that the investor promoter can acquire the 87 homes and develop the rentals, if applicable, and the pending works with local companies (on which a price is offered)
The development consists of 517 single-family homes with 3 bedrooms, 2 bathrooms, a fireplace, separate parking for two cars, a terrace and, in some cases, a solarium, all on the best area of Estepona next to Estepona Golf and Alzacaba Lagoon.
Estructure
This operation will be structured via investment: Domain Investors invest in the project, created by the promoter exclusively for the project: ASSET DEVELOPMENT BY DOMAIN S.L. The capital will go towards the purchase of the homes, and where appropriate, the payment of the management of Domain (8% on the investment and 3% on the sales) and the management of the rentals (10% on rentals).
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 project is promoted by DOMAIN, an entity with more than 20 years of experience in the real estate sector in the area and with whom we have 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, creation of a company, real estate management, etc.., which aligns the interests of all the agents that participate in the investment.
The promoter acquires a project already registered in the Property Registry and finished apartments, which substantially shortens the period for obtaining profitability.
The return that the investor will obtain will be above the 30% margin on sales that allows him to be more competitive in the market if he wants to sell it. In addition, the acquisition price for the investor is 30% below the market price, which allows him to sell faster than other developers or investors, and the sales are immediate since the houses are already built, as well as possible rentals, which allows you to optimize your investment from the beginning.
MARKET
A market study has been carried out to determine if the sales prices proposed by the promoter are reasonables.
Although there are new-build developments and homes in the area, all of them have sales prices higher than those of the DOMAIN project. Approximately 20% above the market price. See economic analysis after accepting the conditions.
In addition, the projects have a parking space, both of which are very scarce in the area and therefore represent an added value for 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?
The agreed deadline for completion of the project is 36 months, because from the beginning you already receive income from the sale of the houses or the sale of the plots . 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 about it.
Risks
All investments carry risk. We detail the clearest risks that we have identified for this project:
Risk of delay in obtaining the First Occupation License. Estimated term 24 months.
Risk of not reaching the expected sales rates and consequently the delay in deadlines.
Risk of not achieving the sales prices expected in the investment business plan.
Diversion of the fixed costs associated with the investment, unforeseen in the rehabilitation of the houses if you want to sell them.
Warnings and risks
Domain Asset Management (Domain) holds the status of an investment services company, but not a credit institution, and, therefore, is not affiliated with any investment guarantee fund or deposit guarantee fund. 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 the information provided by the promoter in relation to projects has not been reviewed by them.
The estimated return on investment is net to the investor. In any case, the withholdings established by tax regulations will be applied to the income obtained.
The investment in the projects published on this Website may entail certain risks, such as the risk of an increase in the invested capital 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 not to be in a hurry to recover it, as the time in this type of process can sometimes take a long time.
Promoter
Location
Documents
If you wish to have access to the following documents about this project please register using the ‘REGISTER’ button of 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.
- Presentation Extensive project.
- Legal documents
- Service provision contract.
- Deed of incorporation of the company.
- Offer model.
- Participation account contract.
- Economic analysis.
- Works cost estimate document.
- Partial Plan approved.
- Urban planning report.
- Provisional settlement account reparcelling.
- Analysis of farms.
Contact
info@domainassetmanagement.es
(+34) 911 99 41 42
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