PANORAMA
Finance the construction of 64 luxury apartments in Fuerteventura (Canary Islands, Spain).
THE Project
The "Panorama" project involves the construction of a residential complex of 64 luxury apartments in Fuerteventura, Canary Islands.
Panorama is managed by Osiris Management S.A., a company incorporated under Luxembourg law. Osiris is a subsidiary of Arnor Investments S.A., a company specialising in the development of exclusive, sustainable projects, characterised primarily by their high quality and excellent location.
The project is supported by :
- a 1st rank mortgage security (hypoteca unilateral de seguridad) in accordance with Spanish mortgage law on land valued at EUR 3.948 million held by a subsidiary of the ARNOR group,
- a pledge on Osiris Management SA's shares
- a deduction from advance payments by buyers as construction progresses
The residences
The 64 apartments in the complex will be spread over two blocks, each built over two floors covering an area of 6,439 m². Residents will benefit from a communal swimming pool, a tennis court, wellness area, numerous green spaces, and an underground car park.
Each top-of-the-range apartment will include one to three bedrooms, a living room with open-plan kitchen, one or two bathrooms, a spacious terrace and a private garden. The terraces will be carefully landscaped to provide a welcoming and pleasant space in which to live.
Location
The project is located in Corralejo, a former fishing village in the north-east of Fuerteventura, the second largest island in the Canary Islands. This paradise is renowned for its white sandy beaches, turquoise waters and year-round warm climate. The Fuerteventura biosphere has been declared a UNESCO World Heritage Site, protecting more than 350,000 hectares.
Fuerteventura El Matorral airport, which can be reached in 30 minutes by car via the highway, is served by around twenty international airlines every day. The 'Las Palmeras' shopping centre is a 4-minute drive away, there are several nature parks nearby and the beach is a 25-minute walk away.
Financing conditions
Duration
0
month
Gross interest rate
0
% per year
Maximum investment
1
€
This project is part of BeeBonds' partnership with the United Fund for Belgium (UFB), a non-profit organisation fighting against social exclusion in Belgium.
BeeBonds will donate a portion of its fees to UFB for each new investor participating in this campaign.
Warning
Promotional communication: investing in a participatory financing project involves risks, including the risk of total or partial loss of the capital invested. Return on investment is not guaranteed. Participatory finance services are not covered by the deposit guarantee scheme established in accordance with Directive 2014/49/EU and that securities or instruments admitted for participatory finance purposes acquired through their participatory finance platform are not covered by the investor compensation scheme established in accordance with Directive 97/9/EC.
Uninformed investors have a pre-contractual cooling-off period of 4 calendar days, during which they may withdraw their investment offer at any time simply by sending an e-mail. Before investing, please read the key investment information sheet. For individuals resident in Belgium for tax purposes, interest income is subject to a withholding tax of 30%.
Find out more about the project.
Project sponsor
OSIRIS MANAGEMENT, A SUBSIDIARY OF ARNOR INVESTMENTS S.A.
The Panorama project is supported by Osiris Management S. A., a company incorporated under Luxembourg law. Osiris is a subsidiary of Arnor Investments S.A., a property development and investment company.
For several years now, Arnor Investments S.A. carries out residential projects in the Mediterranean, through its commercial brand, Azur Group. This has enabled them to develop their position in the sector, with a focus on the high-end segment. They have a strong network of expert, reputable and recognised partners, enabling them to put together teams that best meet the needs of their projects.
Panorama is the Group's 2nd BeeBonds campaign. The 1st, Arenal Beach, was fully refunded in September 2023.
THE TEAM
Roberto Bergonzi
Chairman & CEOWith over 40 years' experience, mainly in Spain but also in France, Italy and Canada, Roberto has built more than 3,000 properties.
Alfredo Perez Garcia
Managing DirectorAlfredo has worked as a tax and legal advisor for 23 years. He joined Azur Group in 2016 as Managing Director to ensure the expansion strategy along the Mediterranean coast and in the Balearic Islands.
EXPERIENCE
An overview of Azur Group projects
Arenal Beach, Minorca
- * Project financed by BeeBonds, repaid in September 2023.
Salma Villa, Majorca
Marés, Ibiza
Funded project
Minimum : 1.400.000 €
FINANCED : 2.000.000 € €
Finance the construction of 64 luxury apartments in Fuerteventura (Canary Islands, Spain).
Issue date
10/04/2024
Duration
2 years
Interest rates
10%
Minimum investment
100 €