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Participatory titles
de La Balma

La Balma it was our first newly built cooperative housing project, located on a municipal plot of land in the Poblenou district of Barcelona ceded by Barcelona City Council for 75 years. It represents a successful model of access to affordable, sustainable and self-managed housing by the community. The coexistence phase opened in July 2021, the project has 20 homes and shared spaces that promote coexistence and solidarity between partners. La Balma has become a benchmark for social innovation in the field of cooperative housing, demonstrating that it is possible to offer viable alternatives to the traditional property model in urban areas.

The external funding of this project is thanks to Fiare-Ethical Banking, and complemented by participatory titles issued by Sostre Cívic. By maintaining these titles we guarantee that the quotas are affordable and that the cooperative housing model can be replicated in other projects.





HOW MANY TITLES ARE AVAILABLE?

Since Sostre Cívic we make available 450 titles of 500 euros each. This crowdfunding will serve to support the ongoing affordability of the project's fees La Balma.

HOW MUCH ARE THEY PAID?

Their remuneration is equivalent to the sum of a fixed interest tranche (2,25% for 8-year bonds, and 2% for 5-year bonds), and a variable interest tranche that is determined in the event that the construction of the housing building is carried out in less than 14 months.

WHAT IS THE EXPIRY?

You can choose between 5 or 8 years of maturity from the date of purchase, with the possibility of renewal for additional 1-year installments.

WHAT IS THE ISSUE PERIOD?

Participatory titles can be purchased as long as they are available, with the possibility of expansion.