Campaign Close | StockCrowd IN completes the €2,000,000 raise for five single-family homes in Castelldefels (Barcelona)
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This article is for informational purposes only and does not, under any circumstances, constitute investment advice or a recommendation.
The crowdfunding platform StockCrowd IN, authorized by the CNMV and registered in its special register under number 19, has issued the closing report for the fundraising round of the residential project "Avenida 307, número 8", promoted by Grohabitat Home S.L., part of the Groinversia group, in Castelldefels (Barcelona). The operation, structured through a loan secured by a first-rank mortgage, was intended to recover part of the equity contributed to the purchase and to finance the initial construction costs of a development of five single-family homes. The subscription process has concluded after completing the fundraising target, consolidating a final amount raised of €2,000,000. Investors should keep in mind that any reference to return is inseparable from the corresponding risk, which is described below.
The round started from a target of €2,000,000 and completed 100% of its allocation over a period of 27 hours. The analysis of the flow of contributions during that interval records an average contribution ratio of €1,235 per minute.
Investor Base and Capital Distribution
The campaign concluded after registering the participation of 357 investors, who covered the entire amount assigned to the opportunity. The distribution of the funds raised among that number of contributors yields an average investment ticket of €5,602 per participant. StockCrowd IN opened the opportunity from a minimum investment of €1,500 during the first hour of the campaign and €500 thereafter.
The operation is structured as a fixed-interest loan with a 10% nominal annual interest rate, a 10.35% annual return and a 15% total return over the life of the operation; this estimate is subject to investment risk and is not guaranteed. The maturity term is 18 months, with capital amortized at maturity, quarterly interest payments and the possibility of early repayment without penalty from month 12. In compliance with the European regulatory framework, non-experienced investors have a four-calendar-day pre-contractual reflection period during which they may revoke their commitment at no cost and without justification.
Asset Description, Technical Progress and Marketing
The project comprises the construction of five single-family homes —two semi-detached and three terraced— on a 775 m² plot of consolidated urban land at avenida 307, number 8, in Castelldefels, in the Baix Llobregat district. Each home has four bedrooms, three bathrooms and is laid out across a basement, ground floor and first floor, with a communal pool, with built areas ranging from 202 m² to 211 m² on 153 m² plots. The asset was acquired by the developer on 4 April 2025 and is free of liens; the project has a developed basic project and the demolition and new-build licenses granted. Demolition works were scheduled for 28 June and construction has an estimated duration of 18 months, with a works budget of €1,736,510. The developer has begun marketing and projects a total sales volume of €7,475,000.
Capital Structure, Coverage Ratios and Collateral
The total estimated cost of the project amounts to €4,407,283. The developer has contributed €1,430,873 in equity, equivalent to 32% at the time of financing. According to the appraisal certificate, the value of the asset in its current state amounts to €2,517,260, implying an LTV of 79%, while the value under the completed-building hypothesis (VHET) stands at €7,590,421. The main collateral is a first-rank mortgage over the asset, with a guaranteed amount of €500,000 and a maximum mortgage liability of €650,000, instrumented through a security agent, in addition to the guarantee of Estudio Gremial Inversión S.L.
Finally, in compliance with the regulations governing crowdfunding platforms, investors are reminded that this is a participatory financing product and not a deposit or a guaranteed savings product, and that real estate investments carry specific risks, such as illiquidity, the risk of not obtaining the expected return, or the partial or total loss of principal. This crowdfunding project is not supervised by the CNMV or the Bank of Spain, and the information provided has not been reviewed by these institutions. Likewise, the invested capital is not covered by the deposit guarantee fund or the investor compensation scheme.
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