Civislend Raises €2,600,000 in Eight Minutes to Complete a Luxury Villa in Port d'Andratx

20/10/2026 – ⏱ 2 min · By Realty Investor Editorial Team

Civislend completes the second tranche of €2,600,000 of the €7,600,000 debt on a villa in Cala Moragues, over nine months and with a target interest rate of 10%

This article is for information purposes only and does not constitute investment advice or a recommendation of any kind.

Eight minutes. That is how long it took 769 investors to raise €2,600,000 on Civislend to complete a villa in Cala Moragues, in Port d'Andratx, with an average ticket of €3,381. The pace, €325,000 a minute, is the highest we have recorded at Civislend: almost double the €172,500 of the nine homes in Tetuán, closed two days ago.

The villa sits on a 2,280 m² seafront plot at the end of a cul-de-sac: two buildings linked by terraces, with 1,038 m² of built area, 800 m² of hanging gardens, six en-suite bedrooms, a gym, a cinema room and three pools. The borrower is Globalparcelatoria, owned by Gonzalo Chacón and founded in 1946, with projects in New York, London and Mallorca and behind the Xanadú shopping centre.

The permit is in place, construction is 42% complete and the land was bought in 2006. Of the €2,600,000, €426,655 are arrangement costs and the rest goes to the works. Repayment depends on selling a single house, at an expected price of €19,000,000, or €18,304 per square metre. Marketing has started through several agencies, with no offer or reservation on file. In August, Andratx topped the list of Spain's most expensive streets, at around €15 million per home.

The deal is a loan: investors lend the money to the developer through the platform, and the developer undertakes to repay it with interest within the agreed term, here nine months, repayable without penalty from the third month. It is the second tranche of a €7,600,000 mortgage debt, and the first came out at 11.50%, was extended at 13.00% and then its investors voted a nine-month extension that sets the maturity of both tranches at 29 July 2027. The 10% annual target interest rate appears only in the early-repayment clause. The security is the first-ranking mortgage and a pledge over the company's shares; the €500,000 of private funding from the mortgage increase has already been settled, so that first ranking is left to the platform's investors alone.

Investing in real-estate crowdfunding carries the risk of losing part or all of the capital: the money is locked up until maturity, returns are not guaranteed and there is no deposit guarantee fund cover. No security eliminates that risk, and the speed of a fundraise says nothing about how the deal will end. Non-sophisticated investors have four calendar days to withdraw their offer without penalty.

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