Financing of the acquisition of a fully entitled residential land plot in Ibiza valued at around €40mn. The asset has a total surface of 6,000 square meters and a and a buildable area close to 10,000 square meters. The land plot has a construction license for 90 apartments , and it is located on the second line of the sea, in a coastal area, a few kilometers from the center and 15 minutes from the airport.
