In this edition, we are pleased to share with you another of the ongoing projects of the Real Estate division that is already becoming successful.
It is our intention to make our contribution to the current problem of housing supply in the city of Barcelona, where a growing demand cannot find quality housing at an affordable price. This issue, coupled with the effects of gentrification and recent political decisions, has led us to look for concrete local business opportunities of high value for our co-investors to whom we offer high profitability thanks to the focused efforts of our Real Estate dedicated team.
This is a residential real estate development project in Barcelona, specifically in Cornellá de Llobregat. As many of our readers will know, the Baix Llobregat is an area facing high demanded by middle / upper class families residing in Barcelona. In this particular case, the location of this project is ideal for those who wish to live in a quiet area, but at the same time with an easy connection to downtown Barcelona (only 15 minutes away). It is located in a natural geographical expansion of the city, surrounded by green areas perfect for one to enjoy outdoor activities, and to walk along the beach through the Baix Llobregat Park. The location also has all the services to carry on the dalily life with maximum comfort for all family members, such as supermarkets and convenience stores, schools, medical and education centers, restaurants, etc.
Buildings of high architectonic quality seeking urban integration and harmony with the environment.
Harmonious distribution of spaces, ensuring their features and adaptability.
Respectful with the environment, always looking for the most sustainable solutions while respecting comfort. Careful with the use of non-aggressive materials, reaching the highest levels in climate comfort with the minimum impact on energy consumption and always technologically updated.
- 21 Homes with terrace
- 4 Duplex penthouses with terrace
- 7 floors
- 36 parking spaces
- Architecture Studio: Espai Rö
- High quality materials
Product with heart
The project, designed by the prestigious architectural studio Espai Rö, will make the most of the natural light and the best living experience in 25 high-quality homes of 2, 3 and 4 bedrooms with terraces, with a well rounded up distribution of the spaces, which claims request. The final touch that crowns this multi-family building will be 4 duplex penthouses, as well as 2 spectacular homes, all with terraces that exceed 40 m2.
The best investment
This project offers our co-investors a double-digit return at a very low risk, as the land is fully owned and due to the diligent management of the team, at the time of publishing of this edition it is expected that work license will already be in place, and we expect to be close to awarding the construction contract. Considering an exit in the first quarter of 2021, we believe that it has a perfect timing for a project of this nature.