Cala d'Or Garden Villas

Santanyí, Illes Balears

Invernova co-invests in this operation

We contribute €249,999 (10.18% of total capital). Our success depends on yours.

Description

The Cala d'Or Garden Villas project comprises five independent, detached villas located within a carefully maintained residential complex in Cala d'Or, Santanyí, one of the most sought-after and established areas of southeastern Mallorca.

The properties stand out for their privacy, extensive terraces, and integration into a Mediterranean environment characterized by mature gardens, palm trees, and attractive common areas with swimming pools, offering a high-quality residential experience suitable for both vacation use and as a second residence.

Unlike traditional townhouse developments, each villa benefits from an independent configuration, providing greater exclusivity, comfort, and privacy.

The complex benefits from a strategic location close to some of Mallorca's most renowned coves, the Cala d'Or marina, and a wide range of services, dining, and leisure options, factors that contribute to its high appeal for both domestic and international markets.

Additionally, the villas hold ETV tourist licenses granted under Balearic historical regulations. These licenses currently represent an especially scarce asset due to existing restrictions on issuing new tourist authorizations in Mallorca. The opportunity to acquire multiple villas with tourist licenses in a single transaction represents an exceptional opportunity within the Balearic real estate market.

Key data and projection

Property type

Complex of independent four-sided villas with communal swimming pool and Mediterranean gardens.

Estimated property value

€3,000,000

Estimated total investment

€2,454,680

Estimated profit

+€545,320

Estimated exit value composition

Exit value€3,000,000
Investment recovered82%
Estimated profit18%
+22% on the investment

Estimated investment breakdown

Investment€2,454,680
Purchase price€1,859,680
Taxes and notary fees€190,000
Renovation / construction€95,000
Commercialization€100,000
Financing costs€5,000
Other expenses€5,000
Possession€200,000

Differentiating factors

✅ Independent four-sided villas
✅ Established residential community
✅ Communal swimming pools
✅ Extensive green areas
✅ Traditional Mediterranean architecture
✅ Very low building density
✅ High privacy
✅ Premium tourism environment
✅ High international demand
✅ Potential for second home or wealth investment

Operation structure

The Cala d'Or Garden Villas project consists of five independent, detached villas integrated within a carefully maintained residential complex in Cala d'Or, one of Mallorca's most sought-after and established areas for both residential and vacation use.

Each property comprises approximately 125 m² of built area distributed across two floors, with extensive private terraces and access to landscaped common areas and communal swimming pools, offering a particularly attractive combination of privacy, comfort, and Mediterranean lifestyle.

The development company currently holds full ownership and availability of the properties, a circumstance that enables the investment strategy to be implemented immediately without uncertainties associated with asset recovery.

Additionally, the villas hold valid ETV tourist licenses, an especially valuable asset within the Balearic market due to existing restrictions on obtaining new licenses. This circumstance significantly expands the alternatives for operating and marketing the properties.

The architectural homogeneity of the complex allows for efficient project management while maintaining the physical and functional independence of each villa.

The investment strategy contemplates the optimization and value enhancement of the properties through selective aesthetic improvements, conditioning, and updating of elements that contribute to maximizing their commercial appeal and positioning within Mallorca's premium residential and vacation market.

The existence of five units within a single operation provides significant strategic flexibility, allowing both individualized villa marketing and potential partial or phased divestment based on market conditions.

The combination of location, ETV tourist licenses, independent villas, quality common areas, and strong international demand positions the project as a unique opportunity within the Balearic real estate market.

Key risks

Like any real estate investment, the project is subject to factors related to the evolution of Mallorca's residential and tourism market, as well as the time required for asset commercialization.

However, the project presents a series of characteristics that significantly contribute to mitigating such risks. The villas are located in Cala d'Or, one of the island's most attractive tourism and residential areas, established for years as a preferred destination for domestic and international buyers and investors.

The development company currently holds full ownership and availability of the properties, eliminating uncertainties associated with asset recovery and enabling immediate implementation of the planned strategy.

Furthermore, all five villas hold valid ETV tourist licenses, an especially scarce asset within the current Balearic market. This circumstance provides an additional income-generation alternative through vacation rentals, allowing the operating strategy to be adapted to market conditions at any time.

The existence of multiple units within a single operation additionally provides significant flexibility, allowing partial sales, staggered dispositions, or maintaining certain villas in tourist operation while marketing other units.

The combination of location, ETV licenses, immediate availability, and strong international demand constitutes a differentiating factor that reinforces the project's appeal and resilience against potential market fluctuations.

Documentation

2 investor-only documents

Last activity: August 4, 2026

The operation's documentation (appraisal, title report, contracts…) is available to the co-investors taking part in it.

Project updates

2 documents available

Last activity: August 4, 2026

View documents

17 investor-only updates

JUL312026
MilestoneJuly 31, 2026

First house sold

The sale of the first home in the development has been completed.

DEC162025
MilestoneDecember 16, 2025

Award decree

The court has formally awarded us the villas: they are now ours for judicial purposes, pending only the decree becoming final.

APR042025
In operationApril 4, 2025

Operation underway

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

APR032025
FundedApril 3, 2025

Operation 100% funded

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

DEC242024
Round openDecember 24, 2024

Funding open

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

DEC232024
LaunchDecember 23, 2024

New operation: Cala d'Or Garden Villas

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

Participants only

Project updates are exclusive to co-investors who participated in this operation.

11.1%

Estimated return

24 months

Estimated term

73.5%

LTV

Real-estate collateral

Guarantee

Capital committed100%
€2,454,680€2,454,680
Invernova co-invests €249,999
44 co-investors already participate
Invernova participates with 10.18%
Minimum participation€25,000
In progress

This project is in its execution phase. No new participations are accepted.

Investments carry risk. Capital not guaranteed.