San Vicente del Raspeig · Residential build-to-sell
Bridge loan for the land purchase of a future residential development in San Vicente del Raspeig (Alicante).
The operation
San Vicente del Raspeig, next to Alicante, accounts for a large share of residential demand in the metropolitan area. The developer needed to finance the land purchase for a future development.
The 2.7 million euro bridge loan covers the acquisition with security over the land, exiting into the development loan.
3 cases with a comparable structure in other markets.
San Antonio de Benagéber
CompletedResidential build-to-sell
Bridge loan for the land purchase of a future residential development in San Antonio de Benagéber (Valencia).
Valladolid
CompletedResidential build-to-sell
Bridge loan that leverages a residential asset already on the balance sheet to release liquidity.
Gines
CompletedResidential build-to-sell
Bridge loan for the purchase of a residential asset in Gines (Sevilla) and for the VAT generated in the transaction.