Badia del Vallès

Badia del Vallès, Barcelona

Invernova co-invests in this operation

We contribute €19,602 (22.8% of total capital). Our success depends on yours.

Description

Badia del Vallès is a buy-and-sell operation on a home located in this Vallès Occidental municipality, just a few kilometres from Sabadell and Barcelona. It is a sought-after town thanks to its proximity to the capital and its affordable prices, which keep the resale market fast-moving when the product is well priced.

The flat offers 84 m² of built surface arranged as three double bedrooms, a bathroom, kitchen, living room, laundry room and an enclosed terrace. Although in good condition, the plan calls for a full refurbishment to maximise its market value.

The project finances the acquisition of 100% of the property. Invernova takes on the refurbishment and the commercialization, marketing and home-staging costs, as well as the operation's inherent expenses, in line with its co-investment model: it invests its own capital alongside the participants and carries out the value-add and the sale.

Key data and projection

Property type

84 m² apartment — 3 bedrooms

Estimated property value

€110,000

Estimated total investment

€86,000

Estimated profit

+€24,000

Profit on the estimated investment

Exit value€110,000
Investment recovered100%
Estimated profit+28%
Estimated return for the co-investor: 14% (half the margin)

Estimated investment breakdown

Investment€86,000
Purchase price€59,000
Taxes€6,000
Renovation / works€20,000
Other expenses€1,000

Operation structure

Purchase, value-add and sale operation in Badia del Vallès (Barcelona): 84 m² apartment — 3 bedrooms. 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: 16 months. Actual term to settlement: 16 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 26.6 % in 16 months. Past performance does not guarantee future results.

Project updates

MAY202021
CompletedMay 20, 2021

Operation completed

Operation Badia del Vallès successfully completed: capital returned to co-investors with a 11.6% return.

JAN242020
In operationJanuary 24, 2020

Operation underway

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

JAN232020
FundedJanuary 23, 2020

Operation 100% funded

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

JAN172020
Round openJanuary 17, 2020

Funding open

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

JAN162020
LaunchJanuary 16, 2020

New operation

Operation Badia del Vallès launched. Capital raised and underway.

26.6%

est. 14%

Real return

16 months

est. 16 months

Real term

60.4%

LTV

Real-estate collateral

Guarantee

Operation margin53.1%

The investor's return equals 50% of the margin (standard split); each investor is paid per their agreement.

Capital committed100%
€86,000€86,000
Invernova co-invests €19,602
Invernova participates with 22.8%
Minimum participation€25,000
Completed

This operation has been completed.

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Investments carry risk. Capital not guaranteed.

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