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PASEO CASTELLANOS PROJECT

165.000 € (100%)
165.000 €
inversor, inversores, inversiones inmobiliarias, dh inversiones, deshiria home, dh gestion patrimonial, invertir en inmuebles, invertir viviendas
15 investors

Investment term:

Minimum investment (until 05/22/2022):

Modality:

LTV:

Profitability Paseo Castellano Preoject:

6 months

1.000€

Floating rate

73,33%

between 10% - 20%

Project Overview

  • Purpose: Buy the house to reform it and sell it (flipping house) 

  • Type of opportunity: Participatory investment in the results obtained

  • Modality: Variable return

  • Loan to Value (LTV): 73,33%

  • Estimated minimum profitability of the project: 10%

  • Estimated maximum profitability of the project: 20%

  • Execution period: maximum 6 months

  • Minimum investment: 1.000€​

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Housing characteristics:

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  • 3rd floor with elevator

  • 3 bedrooms

  • 1 bathroom

  • Independent kitchen with clothesline

  • Independent living room with terrace

Financial summary of the project

PROJECT FINANCING SOURCES

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Our company contribution in this project: 58.000€ 

Participative investor contribution: 107.000€ 

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APPROXIMATE INVESTMENT

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1.Purchase of the property: 121.500€​

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2. Housing purchase expenses: 5.000€ - ITP (2%), Notary, Capital Gains, Owners' Association

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3. Comprehensive home renovation for 2 months: 37.000€ - includes labour, windows, drying rack enclosure, finishes (flooring, ceramic material, toilets, radiators, etc.), kitchen furniture, electrical appliances.

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TOTAL COST: 164.500€

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ESTIMATED INCOME

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Estimated home sale price: between 181.000€ - 199.000€

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 TOTAL INCOME: 181.000€ - 199.000€

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PROJECT PROFITABILITY:

Net Profitability

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16.500€ - 34.500 / maximum 6 months

Profitability % net

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10% - 20% / maximum 6 months

Images gallery (before and after)

Property location

inversiones inmobiliarias, invertir en inmuebles, rentabilidad inversion inmobiliaria, madrid, mejores barrios para invertir madrid, invertir en viviendas, fondos de inversion inmobiliaria, invertir en inmuebles, inversión patrimonial, inversiones inmobiliarias, inversión inmobiliaria, crowdfunding inmobiliario

Mapa Pº Castellanos.png

Puerta Bonita is one of the 7 neighborhoods that make up the Carabanchel district in the city of Madrid, which has 33,514 residents, mostly families and older people. It is a quiet area next to the Colonia de la Prensa, perfect for families. It is a residential area close to Parque de las Cruces and the Isla Azul shopping center. It is in flat development with excellent communication: metro stations, commuter trains and bus stops less than 10 minutes walk and connections with accesses to M-40 and A-5

 

The house is very well connected, 6 minutes walk from the San Francisco metro, 10 minutes walk to Parque de las Cruces or Parque Volatería, with all kinds of shops and services in the area. It has all the necessary services around it, such as Colegio La Milagrosa, supermarkets, banks, libraries, pharmacies, post offices and sports centers. With easy access to M-40 and M30.

Participation accounts agreement operation

Derechos de los inversores

Reserving the property

 

An email will be sent to all investors with a file containing all the information about the property we are interested in purchasing which will include: photos of the house, its description, the approximate working budget (there may be variations during the work), the purchase and sale expenses ( ITP and notary), the maximum average and minimum marketing price and the duration of the whole project (buying, renovating and selling of the property).

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When buying a home at the notary:

 

All investors will be notified of the date of signing, having the right to be present, if they so wish. As there is a maximum capacity of people who can attend, a video recording of the signing process will be sent to all investors, together with a copy of the deed. In addition, an open house event will be held for a full day so that investors can visit the property.

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When making the infographics (a graphical representation of what the house will look like after the renovation):

 

During the renovation process, the property will be advertised for sale with infographics at the desired average sale price, so it will be emailed to publishing internet pages as well as to all investors.

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Changes in the initial renovation budget

 

Whenever there will be a change in the budget due to unforeseen issues we will send an email to all investors to notify them of any changes.

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At the end of the renovation:

 

As soon as the task will be finished, we will clean and stage the property for photo sessions and open house events for our investors as well as for interested buyers.

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When publishing the renovated photographs and sale advertisements

 

All the web links will be sent to all investors as well.

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When signing the reservation contract (booking the property)

 

A copy of the signed contract will be sent to all investors.

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When selling the property in front of the notary

 

All investors will be informed with said date and will have the opportunity to attend. As there is a maximum capacity allowed in the notary office, we will send the signing video and a copy of the signed documents to all investors.

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At the end of every operation (buying, renovating, selling)

 

We will send an email to all investors containing:​​

  • A document containing all bills and proof of payments made to facilitate buying, renovating and selling the property (renovating costs, buying and selling costs, advertisement, etc.)

  • A profit report.

  • Proof of payment of the proportional share obtained by each investor in the transaction

  • Any bank transfers to and from the joint account so that all investors may verify the payments made and the income from every transaction.

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If there is an unforeseen event throughout the contractual year:

 

A face to face and online meeting will be scheduled with all investors so that decisions can be made. For those decisions, with a 70% acceptance by the participant, the voted changes will be made. Contingent examples:

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  • The property must be sold at a loss and there is not sufficient funds for another investment.​

  • A problem is detected outside the company ( a supplier does not deliver the material on time which causes a significant delay in the completion time, the real estate market collapses due to unrelated causes, Covid restrictions that prevent us from doing business normally, or any major international or national issue that has a negative impact on the investment process).​

  • An investment opportunity arises that does not meet the acquisition characteristics described in the collective real estate loan agreement and we consider that it might be interesting to invest money.​

  • Any other convincing motive.

Warnings and risks

Investing in equity contracts may involve certain risks, such as the risk of total or partial loss of invested capital, the expected loss of monetary performance or a lack of liquidity. Therefore, we advise investors to only invest an amount that they are willing to lose and suggest that they diversify their investments to minimize and mitigate potential risks.

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The main risks can be the following:

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  • Risk of total or partial loss of invested capital: The investments made in the participation account contracts of Deshiria Home real Estate SL. These are not guaranteed, so there wil always be a risk of losing all or part of your invested capital.

  • Risk of not getting the expected monetary return: The return and value of the investment will depend on the success of the project in which the investment is made. Therefore, if the planned objectives of the project are not met, the investor may not achieve the expected profitability and in a negative scenario, may even lose all or part of the invested money. Investments made through participation account contracts are not guaranteed. That is, Deshiria Home Real Estates SL does not guarantee the return of investment or a minimum return. There is also no guarantee fund to ensure the return of the full investment.

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Deshiria Home Real Estate SL does not have the status of an investment service company or credit institution and is not attached to any investment guarantee fund or deposit guarantee fund. Information published by our company on its website is for informational purposes only and in no way can it be considered as investor recommendations.

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Procedures and means of submitting complaints by clients and proper procedures for resolving them 

 

Customer Service Data for Resolving Complaints by Deshiria Home Real Estate SL are the following:

  • Customer service manager: Mrs. Ioana Laura Frunza

 

Customer service:

  • Email: info@dhpatrimonial.com

  • Customer service telephone: +34 912 188 059

  • Address : C/ Berna 3 - 28232 Las Rozas (Madrid)

 

Deshiria Home Real Estate S.L. has the obligation to assist and resolve complaints and claims submitted by its customers within two months of their submission.

 

The maximum time limit for resolving complaints is ninety calendar days. If this is not possible, the circumstance must be reported and the causes that prevented it will be recorded.

The final report contains clear, precise and motivated conclusions on the behavior of the entity in the case invoked. This report is:

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  • Informative only and not binding the parties. However, the entity should inform the supervisor of the actions taken in relation to the claims resolved by a favorable report to the claimant.

  • Not considered an actionable administrative act, so it cannot be challenged.

  • Does not collect economic assessments of possible damages and losses caused to users of financial services, as only the courts can recognize this type of claim.

 

During the process, interested parties may withdraw the application, which would lead to the termination of the proceedings for the complainant. They can also reach an agreement with the entities and end the case.

 

If the activity of Deshiria Home Real Estate SL is expected to stop, it will be reported in a visible part of the website with a 60 day notice. It will also be reported that no joint account contracts will be published on the site, nor will new users be allowed to invest. However, even if Deshiria Real Estate SL ceases its activity, the contractual relationship between the investor and our company will not be affected, but will continue in accordance with the provisions of the particular conditions signed between parties. These special conditions will remain in force for the period set out therein.

 

Also, your funds would not be affected in any way, because these are deposited in a certain account, different from every participatory contract.

 

Auditors

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DESHIRIA HOME REAL ESTATE SL, CIF B87318804 tax address c/ Berna, 3, 1C, 28232, Las Rozas de Madrid, Madrid represented by Ioana Laura Frunza,  NIE Y0075115B, as sole administrator, is the owner of the website accessible through URL-ul https://www.dhpatrimonial.com/

 

If you have any questions, concerns or suggestions regarding Deshiria Home Real Estate SL, please contact us through the following email address: info@dhpatrimonial.com sau sunând la (+34) 912 188 059

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