L'Ametlla de Mar

L'Ametlla de Mar, Tarragona

Invernova co-invests in this operation

We contribute €32,724 (27.3% of total capital). Our success depends on yours.

Description

L'Ametlla de Mar is a buy-and-sell operation on a detached house in this coastal town of the Baix Ebre (Tarragona), also known as La Cala, in the heart of the Costa Dorada.

The home offers 169 m² of built surface, arranged as three double bedrooms, a bathroom, open kitchen and living room, with pool and garden. It is a new build, although some parts such as the garden are still to be finished.

The project finances the acquisition of 100% of the property. Invernova takes on the completion and the commercialization, marketing and home-staging costs, plus the inherent expenses, investing its own capital alongside the participants ahead of resale.

Key data and projection

Property type

169 m² detached house with pool

Estimated property value

€200,000

Estimated total investment

€120,000

Estimated profit

+€80,000

Profit on the estimated investment

Exit value€200,000
Investment recovered100%
Estimated profit+67%
Estimated return for the co-investor: 10% (half the margin)

Estimated investment breakdown

Investment€120,000
Purchase price€93,600
Taxes and notary€11,400
Renovation / works€12,000
Other costs€3,000

Operation structure

Purchase, value-add and sale operation in L'Ametlla de Mar (Tarragona): 169 m² detached house with pool. INVERNOVA TRADE S.L. bought the property and co-invested its own capital in the operation alongside the co-investors. The co-investors took part through a private contract with INVERNOVA TRADE S.L., with the property itself as collateral. Success-based return: the actual profit from the sale, after purchase, refurbishment, taxes and costs, was shared between the co-investors and Invernova as agreed in the contract. Target term at entry: 9 months.

Key risks

- Sale price risk: the return depended on the final price; a sale below forecast reduces the profit and can affect the capital.

- Timing risk: the sale could take longer than planned, delaying the repayment of capital and the return.

- Works risk: cost overruns or surprises in the refurbishment (installations, hidden damage) that reduce the margin.

- Result: operation settled with an obtained return of 11 %. Past performance does not guarantee future results.

Project updates

MAY072024
CompletedMay 7, 2024

Operation completed

The operation has been completed successfully. Returns have been distributed to co-investors.

AUG152023
In operationAugust 15, 2023

Operation underway

The execution phase of the operation has begun. We will keep you informed of the most relevant milestones.

AUG142023
FundedAugust 14, 2023

Operation 100% funded

We have reached the funding target. The operation phase will begin shortly.

AUG082023
Round openAugust 8, 2023

Funding open

The operation is now open to co-investment. Reserve your participation before the round is filled.

AUG072023
LaunchAugust 7, 2023

New operation: L'Ametlla de Mar

We have identified a new real-estate co-investment opportunity. The funding phase will open soon to our co-investors.

11%

est. 10%

Real return

9 months

Estimated term

43.6%

LTV

Real-estate collateral

Guarantee

Capital committed100%
€120,000€120,000
Invernova co-invests €32,724
Invernova participates with 27.3%
Minimum participation€25,000
Completed

This operation has been completed.

Share

Investments carry risk. Capital not guaranteed.

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