Raizers Raises €250,000 in Seven Days to Complete an Already-Sold House in Bolnuevo (Mazarrón)

06/10/2026 – ⏱ 3 min

The loan at 11% is repaid on delivery of a single house reserved for €650,000, with works at 25% and the deposit already spent

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

Raizers has gathered €250,000 in seven days to complete a detached house with a pool in Bolnuevo, in the coastal municipality of Mazarrón (Murcia). The pace was €25 per minute, the slowest of the operations we have followed in recent weeks: Spanish raises on other platforms have been covered in minutes or hours.

The loan is at 11% a year over twelve months, with a minimum duration of six, interest paid annually and principal repaid on delivery of the house. The disbursement to the developer will be made in two tranches.

What is distinctive here is its simplicity and, at the same time, its concentration: a single house is being financed, and that house is already sold. It has been reserved since 24 February for €650,000 plus VAT, with a deposit of €159,500, around 25% of the price. That is the central point for anyone lending: repayment depends entirely on that one sale completing, and the deposit has already been used to fund the works, so it would have to be returned if the sale were not formalised.

The house stands on a 488 sqm plot a ten-minute walk from the beach and 70 kilometres from Murcia: 210 sqm over three levels, with a basement and garage, four bedrooms and a terrace of more than 30 sqm. The permit was obtained in February 2026 and as at 28 August the works stood at 25%, with the structure and foundations at around 95%. The developer started with its own funds and continued with the buyer's advances; this €250,000 is to complete construction, although the fact sheet does not publish the outstanding works budget.

The security is a first-ranking mortgage over the land in favour of Raizers on behalf of the lenders, with no personal guarantees. A valuation by UVE Valoraciones dated 16 September puts the value at €309,789 plus VAT in its current state and €624,375 plus VAT once the house is completed.

Those figures require a caveat on the ratio the platform publishes. The 38% LTV results from dividing the €250,000 by the €650,000 of the contracted sale price, not by a valuation. Against the completed-property valuation the ratio rises to 40% and, against the current value of the asset actually mortgaged, to 81%. And one detail is worth retaining: that completed-state valuation, €624,375, is 3.9% below the price agreed with the buyer. For the 50% LTC, the fact sheet offers only a developer contribution of some €150,000, without publishing total cost or what was paid for the land, so it cannot be verified.

The borrowing company, Brothers Management & Investiment, S.L., has been registered in Murcia since 2017 with capital of €1,257,550 and belongs to the García Adams family: the mother and her three children are the shareholders, while the father, to whom the fact sheet attributes the development experience, holds signing powers without being a shareholder. The platform lists construction execution risk among the factors to watch.

Investing in real estate crowdfunding carries the risk of losing part or all of your 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 outcome 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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Realty Investor

Your real estate crowdfunding, in one app.

Discover new opportunities. Invest through leading platforms. Manage your whole property portfolio from a single place.

The Realty Investor beta is now available. Explore the market, discover new projects and get to know the platform with simulated money, without putting in any capital.

Download the beta and start discovering a new way to manage your real estate investments.