Real estate transaction on a building in Milan-Città Studi, for the redevelopment and realization of a functional mix of apartments, offices and commercial activities.
Prospective annual ROI of up to 14%
Expected duration of 18 months
Project already submitted (SCIA for Building Renovation)
Goal min 750 k€
Goal max 3 Mln€
Annual ROI Max
Viotti 3 Milano is an investment opportunity that offers a prospective annual return of up to 14% on the amount invested, with an estimated duration of 18 months and the advantage of preferential liquidation, which consists of the right for investors who join the equity crowdfunding campaign to be reimbursed first with respect to the Promoter.The investment is made through the subscription of capital shares of the special purpose vehicle Viotti 3-5 S.r.l, already owner of the property, which will be responsible in every aspect for the redevelopment of the building and the sale part, also thanks to the partnership with "Compagnia Immobiliare Italiana" and "Coldwell Banker."
The property is located in Milan on Via Giovanni Battista Viotti ⅗; the project includes the construction of 32 residential units, 5 of which have already been sold, over 300 square meters of office space on four floors and 550 square meters for commercial use located on the ground floor, with windows on the street. The project has already been submitted to the City of Milan (SCIA for Building Renovation) and the work is close to starting. The reuse of the building allows to maintain the structure (lower costs), have a simple urban planning process and not consume land (lower environmental impact).
The Promoter of the initiative is Setha Group, a real estate development company present in Italy and internationally for several years now. The project has already been validated by Banca Progetto, which has provided a loan of 5 million euros to the company Viotti 3-5 S.r.l.
Viotti 3 Milano reserves the right of "liquidation preference" to all investors who join the campaign, who will therefore be reimbursed first in case of exit than the other shareholders of the company (according to the order of preference indicated in the bylaws). All conditions are published in the bylaws found in the Documents section.
© 2023 SiamoSoci Srl a company of Azimut Group - VAT number IT07464370969 - Via Timavo 34, 20124 MI - SC € 87.248,12 fully paid up - Registr. 8, resolution 19002 of 06/08/14