Los Jardines del Conde Duque

Not specified

The mortgage guarantee provided by the developer consists of the 24 housing units subject to the project located at 17 Arganda Street, in Loeches, Madrid, Spain.

According to the appraisal certificate carried out by Tinsa on 05/30/2024, the current mortgage value/appraisal of the described property amounts to €2,664,179.20.

Therefore, the appraisal of the mortgaged property over the loan is 152.23% (mortgaged value €2,664,179.20 / loan amount €1,750,000). The LTV (Loan To Value) of the project is 65.68% (loan amount €1,750,000 / current appraisal value €2,664,179.20). The estimated value of the property upon completion according to the comparison method amounts to €6,213,526.02.

The Guarantee Agent chosen for this project is Collateral Gestión S.L., a professional firm with experience in financial sectors that provides advisory services and fiduciary services in the issuance of bonds, guarantees, or other securities. Collateral Gestión S.L. is not affiliated with any financial services group.

The scoring is carried out by GLOVAL.

Glóval is a benchmark firm in comprehensive valuation, engineering, consultancy, and data analysis services. The result of the integration in 2017 of companies with a solid market position, more than 70 years of accumulated experience, and more than 5 million valuations carried out, it provides services throughout the value chain of the real estate sector.

The company has a team of more than 1,000 professionals, a nationwide presence, and international coverage through its presence in countries such as Portugal, Greece, Brazil, Cape Verde, Angola, and Mozambique. Glóval has the confidence of the main players in the real estate sector and its current diversification strategy is focused on increasing its portfolio of services, meeting the needs of new sectors and clients, and continuing its international expansion.

For more information, visit www.gloval.es.

FIIN will not charge any fee to the investor for this opportunity. The developer will be charged a fee that is determined based on a % of the funds raised for the project, provided that the project is successfully closed, i.e., that the funding target published on the platform is reached. In case it is not successfully closed, FIIN will not charge this fee. Once the campaign is finished and as a previous step to the delivery of the money to the developer, this commission is deducted from it in favour of FIIN. It does not affect the final profitability obtained by the investors, since the developer is the one who assumes its cost. In this opportunity, FIIN' commission is 6.5% + VAT being the commission financed within the opportunity.

Gloval

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FIIN complies with Regulation (EU) 2020/1503 of the European Parliament and of the Council of 7 October 2020 on European providers of equity finance services for businesses, and amending Regulation (EU) 2017/1129 and Directive (EU) 2019/1937 and is authorised by the CNMV as a Participatory Finance Platform registered under number 20.

FIIN is not a credit institution or an investment services company. It is not a member of any investment guarantee fund or deposit guarantee fund. Therefore, the invested capital is not covered by these funds.

FIIN is neither a credit institution nor an investment services company nor does it supply financial advice, so nothing on this website should be interpreted as such. The information on this page is for general information purposes only and does not constitute specific advice.

The participatory financing projects published on the website are not subject to authorisation or supervision by the Comisión Nacional del Mercado de Valores or the Bank of Spain or any other national or foreign regulator. The information provided by the developer has not been reviewed by the CNMV and does not constitute a prospectus approved by the CNMV.

The developer of the project is responsible to investors for the information it has provided to the crowdfunding platform for publication within the project on the website. The information shown has been prepared by FIIN based on available information provided by the developer. Neither FIIN nor its collaborating companies or suppliers accept responsibility or liability concerning the accuracy or sufficiency of the information referred to in the project. The statements or declarations with future projections refer exclusively to the date on which they were expressed, they do not form any guarantee of future results.