Firenze - Locatelli

Florence - Locatelli is a real estate project of the company AD Casa, which involves the recovery and redevelopment of several buildings once used for manufacturing purposes, transforming them into modern apartments and studios, within walking distance of Florence's historic center.

The real estate investment opportunity offers an annual return of up to 13 percent with a transaction term of 12 months. Handling the bureaucratic, construction and sales aspects will be the special purpose vehicle San Giuliano S.r.l.

The property is already owned by San Giuliano S.r.l., the work is 50% completed at the state of progress, while 100% of the apartments have already been pre-sold. In addition, the project has obtained financing from BPER bank in the amount of €1,900,000.

The project location is in a strategic and dynamic area of Florence, exactly at the intersection of Via Locatelli and Via Slataper, in the Statuto district. This area boasts excellent connections with the rest of the city thanks to the many public transportation services available. There will be 18 apartments, with 6 parking spaces, totaling 1400 square meters.

The investment in Locatelli offers the advantage of preferential liquidation, that is, the right for investors who join the equity crowdfunding campaign to be reimbursed first compared to the Developer. The maximum total ROI of the project is 13% over 12 months. If the expected duration is exceeded, the total ROI will increase while keeping the annual return constant, which will be calculated pro tempore.

AD Casa, founded in 2010 by Andrea Duranti, operates mainly in Tuscany. specializes in the identification of real estate investments, redevelopment of properties in prestigious settings. Since its founding, it has built more than 800 apartments.

Exit from the transaction will occur at the liquidation of the company San Giuliano S.r.l., once all the apartments have been reregistered. The return will accrue from the closing date of capital increase until the resolution to liquidate the company San Giuliano S.r.l.