The InRento team presents a new investment opportunity – the Cesano Maderno, Italy project. The project is located in the Lombardy region, 20 km north of Milan city centre.
The project consists of a building with total sellable area of 473.45 sq. m. that is being converted into 9 residential apartments with an average size of 52.61 sq. m. – a mix of two and three-room units targeting the primary-residence buyer segment. Each apartment includes a dedicated parking space, comprising 4 outdoor spaces and 5 private garages.
As of today, 7 out of 9 units are covered by preliminary purchase agreements, priced at an average of EUR 2,700 per sq. m., consistent with current market benchmarks in the Cesano Maderno area.
Conversion works are expected to be completed by September 2026, with the building permit for the project asset already secured.
The project owner – Projectser S.R.L., Italian company represented by Mohamed Abd El Rehim.
The project owner brings a background rooted in the construction industry, with early exposure to building and renovation through his family's long-standing involvement in the sector. Prior to launching structured development activities, he accumulated hands-on operational experience managing residential renovation projects, overseeing contractor coordination, supplier management, and cash flow across a high volume of sites.
His track record includes the successful completion of a residential development project in Milan, involving the acquisition, renovation, and sale of residential units over approximately 12 months, with the financing loan repaid ahead of schedule from unit sale proceeds.
The project is secured by a first-rank mortgage on the project assets and three apartments in theMilan province, and a surety agreement with a conservative loan-to-value (LTV) ratio of 41% (max. 55%). The project offers investors a fixed monthly interest rate of 9.75–11% p.a., along with fixed capital gains of 1.5% p.a., paid at maturity. This results in a total gross profitability ranging from 11.25% to 12.5% p.a.
The maximum duration of the project is 20 months.
This project has a fixed annual return on capital gains –
The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalment ("Instalment"), with the return for each successive Instalment being added to the calculation of the return. The Instalment shall be considered as per one calendar year. A fixed increment of 1.5% shall be applied to the Instalment.
Example calculation: If the Loan is repaid after one year, a fixed return of 1.5% applies. If the Loan is repaid after 20 months, a fixed return of 2.5% applies.
The profit margin is payable whether or not the Loan is repaid on the sale of the property.
Here you can find the complete payment history for this project. The list includes all payments made by the project owner, covering interest payments, principal repayments, capital gain payments, and any late payment fees.
Project payments table will be generated after the first payment by project owner is paid.