Cresor Raises €350,000 in Seven and a Half Hours to Complete Eight Homes on a Development Stalled Since 2008 in Pozo Cañada
– ⏱ 3 min
190 investors cover the full extension of the loan at 11%, with the works certified at 50% and three of the eight homes already sold
This article is for informational purposes only and does not constitute investment advice or a recommendation of any kind.
Cresor has gathered €350,000 in seven and a half hours to complete eight terraced homes in Pozo Cañada, 25 kilometres from Albacete. 190 investors took part, at a pace of €778 per minute and with an average ticket of €1,842.
The amount raised is not the launch figure: the offering was €300,000 extendable to €350,000, and investors covered the full extension. That moves the loan-to-value from 41% to 48%, a calculation the fact sheet did not provide. The valuation of the property in its current state is €730,676 and the value assuming the buildings are completed is €1,342,680.
What gives the operation its character is the asset's history: a development of 22 terraced homes stalled in 2008 that Rabbani Gómez, S.L. bought in May 2025 to finish in three phases. The one being financed is Phase II: eight houses of 133 sqm on 116 sqm plots, with three bedrooms, two bathrooms and a communal pool. The land was bought with own funds and is free of charges, with a segregation deed, registered new-build declaration, an approved project and a completion permit granted.
The works are certified at 50.10%, with a budget of €562,386 and an estimated seven months ahead within a nine-month loan. The other two phases stand at 93.13% and 50%. The fact sheet does, however, date that 50.10% to May 2026 in one section and to 26 August in another.
On sales, three of the eight homes have signed sale agreements, for €450,000 against projected sales of €1,200,000 for the phase. That amount exceeds the loan, although payment does not arrive until handover. And there is a discrepancy worth checking in the contract: the mandatory repayment clause refers to "the four units sold", while the commercial section records three.
That clause is precisely the strong point for investors: early repayment is mandatory once four homes are transferred, with a cash sweep. The security is a first-ranking mortgage with a guaranteed amount of €300,000 and maximum liability of €390,000, arranged through a security agent.
A gap remains that the extension narrows but does not close. Projected costs are €793,672 and the developer will contribute €313,672 of its own funds. Added to the €350,000 raised, some €130,000 is still missing, with the file not explaining how that difference is covered.
Rabbani & Gómez reports five developments in the province of Albacete, three completed and sold and two under development. This is its first project on this platform and the company is not audited. The fact sheet still carries the platform's former brand, StockCrowd IN.
The nominal rate is 11% a year, with quarterly interest and principal at maturity over nine months, extendable by three in exchange for 1.50 points more on the rate; the total return for that term is put at 8.25%, an estimate subject to risk and not guaranteed. Investing in real estate crowdfunding carries the risk of losing part or all of your capital: the money is locked up until maturity and there is no deposit guarantee fund cover. No security eliminates that risk, and the speed of the raise does not anticipate how the operation will end. Non-sophisticated investors have four calendar days of reflection to revoke their offer without penalty.
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Download the beta and start discovering a new way to manage your real estate investments.
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