Project | Brickfy

Ferrara Cool Rooms

Platform: RE-LENDER

Finished: fully repaid!

General Information






Financial Information





8.00 %




Important Dates






The project consists in the financing of the company DC Real Estate S.r.l. for the purchase of an apartment of 110 square meters in the center of Ferrara with the aim of providing income for rent to university students.

The purchase price of the property is 15% below the market price according to the valuation of the Real Estate Exchange and the OMI (Osservatorio Mercato Immobiliare) of the Revenue Agency. The offer to buy has already been accepted by the seller with a deposit.

The apartment is located in Via Nazario Sauro 5, in the area adjacent to the railway station at 10 minutes from the historic center of Ferrara with the Duomo, the Castle, the Palazzo dei Diamanti and the Botanical Garden at 10 minutes from the University of Engineering in addition to Physics and Earth Sciences, at 15 minutes from the University Department of Economics and Management.

The property consists of a large four-roomed apartment to be partially renovated that will be furnished according to the following arrangement:

  • 4 bedrooms (double for single use) with bed, bedside table, chest of drawers, desk, wardrobe, bookcase, TV and any bicycle on loan;
  • Bathroom;
  • Liveable kitchen;
  • Store room in the attic;
  • Car box to be used as a bicycle shed.

Currently in the city of Ferrara the demand for this type of accommodation is increasing, especially considering the student target thanks to the significant increase in the number of students enrolled at the University of the city of Este (+120% of registrations).

In the last two years, in fact, the housing situation is defined as an emergency for students outside the city, so much so as to have led to the creation of a task force from 2017 to encourage the creation of students and ensure a fair price to students thanks to a policy of substantial discounts on the level of taxation (with the coupon dry taxes amount is reduced to 10% and the Imu to 25%).

The sponsoring company has placed equity on the operation equal to 20% of the investment. As a guarantee of the operation, collateral will be acquired on the real estate object of purchase and in addition to a personal guarantee of the partners.


The applicant company DC Real Estate S.r.l., led by Denisio Spedale and Christian Plazza, began operating in the real estate conversion from the end of 2018, specializing in long-term income, for the target students.

The two partners have therefore privileged student cities where the demand for student accommodation is increasingly high, such as Milan, their city of origin, and Ferrara, where they are preparing to carry out various operations in order to offer an important contribution to students looking for accommodation.

Damiano Losco, a renowned real estate developer with over 30 years of experience in the sector as a broker and trader, also participates as advisor in this expansion process in Emilia Romagna.

He is the same promoter of the project 'Ferrara Residence', for the income of a property in the same strategic area of the center of Ferrara. More details about the company and its members' curricula can be found in the presentation document available in the attachments.


Ferrara Cool Rooms is a real estate conversion project for the income of a 110 sqm apartment in the center of the Este city.


Total amount: 80.000€

Depreciation period: 36 months

Annual interest rate: 8%

Interest payment: monthly

Objective of financing: real estate conversion

Harvesting period: 30 days from the opening date (10/01/2020)

Scoring: C (developed by ModeFinance - the first official rating agency of Fintech)

Additional guarantees: real estate guarantee on the property to be purchased and personal guarantee of the partners

Applicant company: DC Real Estate S.r.l.

Payment Calendar Table