Stoneweg SA has provided Quantum Homes, the developer that specialises in the refurbishment of luxury buildings, with a €24m senior development loan. It will fund the construction of 19 exclusive single-family villas, designed by the architectural firm FH2L, at 'Soho Valdemarín', Quantum Homes’ new residential project in Madrid.
Ranging between 300 and 360m² in size and with prices starting from €1.8m, the development is located in the district of Moncloa-Aravaca, an area famed for its ample green spaces. Residents will benefit from unbeatable views of the Madrid skyline and proximity to the center of Madrid and Moncloa, which are accessible within seven minutes’ and three minutes’ drive time respectively.
'Soho Valdemarín' aims to redefine the concept of luxury real estate, setting a new standard in quality, well-being, and architectural innovation. The homes feature large windows and double-height spaces, gardens, and private swimming pools, as well as large patios and terraces. The designer kitchens are equipped with top-of-the-range Gaggenau appliances and a wine cellar, where Porcelanosa's premium materials will also be used.
Following this transaction Stoneweg has provided more than €50m of finance to projects in 2022, complementing its own real estate development strategy which includes projects such as the recently completed 'Skyline' towers in the Tetuán district of Madrid. Since it launched its alternative financing business for investors and real estate developers in 2017, Stoneweg has now provided €432m of finance across 74 projects.