Project for renovation and redevelopment of 2 buildings in Florence, Sesto Fiorentino: 14 completely independent terratetto units with private open space totaling 1470 sq. m.
Work completed at 55%
100% pre-sold apartments
Duration 12 months
Goal max 1,49 Mln€
Annual ROI Max
Florence - Rimaggio is a real estate project of the company AD Casa, which involves the recovery and redevelopment of several buildings once used for production purposes, transforming them into modern terratettos with private gardens and parking spaces, excellently connected to the city of Florence.
The real estate investment opportunity offers an annual return of up to 13 percent with a transaction duration of 12 months. Handling the bureaucratic, construction and sales aspects will be the vehicle company Ad Rimaggio S.r.l.
The property is already owned by Ad Rimaggio S.r.l., work is 55% complete at the state of progress, while 100% of the apartments have already been pre-sold. In addition, the project has obtained financing from Banca Intesa in the amount of €2,000,000.
The project location is in a strategic and dynamic area of Sesto Fiorentino, exactly in Via Rimaggio. This area boasts excellent connections to the rest of the city of Florence thanks to the many public transportation services available. There will be 14 terratettos, with associated private gardens and parking spaces, totaling 1470 square meters.
The investment in Rimaggio 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.
The exit from the transaction will occur at the liquidation of the company Ad Rimaggio S.r.l., once all the apartments have been reregistered. The return will accrue from the closing date of capital increase until the resolution of liquidation of Ad Rimaggio S.r.l.
The real estate initiative focuses on the regeneration and renovation of several buildings once used for manufacturing activities, turning them into modern residences. New terratettos will be built, further enriching the housing offerings in the area. Strengths of this project include innovative design, meticulous attention to tenants' needs, and anexcellent location. The units will feature outdoor spaces on the ground floor, providing ample indoor and outdoor livability. In addition, the terratettos will also have private parking spaces, giving additional convenience to tenants. The project includes different types of residences for a total of 14 terratettos, with associated private gardens and parking spaces. Each unit will be built paying attention toenergy efficiency and environmental sustainability, aiming to achieve energy class A.
© 2023 SiamoSoci Srl a company of Azimut Group - VAT number IT07464370969 - Via Timavo 34, 20124 MI - SC € 95.417,54 fully paid up - Registr. 8, resolution 19002 of 06/08/14