Geneva-based real estate investment fund Stoneweg has granted a €24 mln senior developer loan to Quantum Homes for its new luxury residential project in Madrid.
Soho Valdemarín consists of 19 exclusive single-family villas designed by architects FH2L, in different sizes starting from around 350 m2, and marketed at a starting price of €1.8 mln.
The semi-detached homes feature large windows, 24-hour private security, double-height spaces, a private garden and swimming pool, as well as a large terrace.
Each villa has a designer kitchen, equipped with top of the range Gaggenau appliances and wine cellar together with Porcelanosa's premium materials.
The project is located in the district of Moncloa-Aravaca, in a natural environment located just seven minutes from the centre of Madrid and three minutes from Moncloa.
The neighbourhood is known as the ‘Beverly Hills of Madrid’ and is home to politicians, sports stars and other celebrities.
With this latest operation, the investment fund has financed 74 operations worth over €430 mln since 2017, of which €50 mln in 2022 alone.
Stoneweg's financing activity is separate from the development projects carried out by its real estate division, such as the Skyline residential towers in the Tetuán district of Madrid opened last month.
Quantum Homes has been working on comprehensive luxury housing refurbishment projects in prime areas of Madrid.