Alternative financing, oxygen for the luxury real estate industry
There are repeated reports and statistics that confirm, without a doubt, that the luxury and super-luxury real estate sector is at the best possible moment in Spain.
In the last few days it has become known that one of its places, Alicante, continues to rise with a really effervescent last 12 months. These are the conclusions of a report by 'Lucas Fox International Properties' regarding a niche market that is experiencing a "remarkable dynamism", with properties "selling for over 4 million euros". One of the reasons for this is that international demand "is on the rise", with "faster transactions and a strong interest in new build projects".
It is precisely in these new developments that private equity and alternative financing is playing a decisive role. In fact, over the last five years, DEXTER has increasingly made it possible to finance the most architecturally attractive luxury villas and chalets in the most diverse locations along the Spanish coast, making it a great specialist in the sector and enabling entrepreneurs to obtain a high return in a short period of time.
From the company's Business Development department, Ángel García points out that, in effect, "we enter with great immediacy and speed to finance developments with a high or very high PVP, with a quick exit in the sale mainly to foreigners. We are talking about the Costa del Sol, the Costa Blanca, in general the whole of the Mediterranean arc... but there is another business niche there that we make possible: it is about bridging loans with mortgage guarantees, taking the property offered by the clients as a guarantee and offering capital that these clients use for one, two or even three years to cover specific liquidity needs".
DEXTER makes it possible to access products and services that are not currently offered by traditional banks in Spain.
Alternative financing, oxygen for the luxury real estate sector
There is repeated information and statistics that confirm, undoubtedly, that the luxury and super-luxury real estate sector is in the best possible moment in Spain.
In the last few days it has been known that one of its places, Alicante, continues to rise with a really effervescent last 12 months. These are the conclusions of a report by 'Lucas Fox International Properties' regarding a market niche that is experiencing a "remarkable dynamism", with properties "selling for over 4 million euros". One of the reasons lies in the fact that international demand "is on the rise", with "faster transactions and a great interest in new construction projects".
It is precisely in these new developments that private capital and alternative financing are playing a decisive role. In fact, in the last five years DEXTER has increasingly made possible the financing of the most architecturally attractive luxury villas and chalets in the most diverse locations along the Spanish coast, becoming a great specialist in the sector and enabling entrepreneurs to obtain a great profitability in a short time.
From the company's Business Development Department, Ángel García points out that, in effect, "we enter with great immediacy and speed to finance promotions with a high or very high PVP, with a quick exit in the sale, mainly to foreigners. We are talking about the Costa del Sol, the Costa Blanca, in general about the whole Mediterranean arc... but there is another business niche that we make possible: it is about bridging loans with mortgage guarantee, taking the property offered by the clients as a guarantee and offering a capital that these clients use for one, two or even three years to cover specific liquidity needs".
In effect, DEXTER makes it possible to access products and services that are not currently offered by traditional banks in Spain.
