Caldes de Montbui

Caldes de Montbui, Barcelona

Invernova co-invests in this operation

We contribute 8480 € (22.32% of total capital). Our success depends on yours.

Description

Oficinas Caldes de Montbui is a buy-and-sell operation involving a set of offices located in the centre of Caldes de Montbui, in the Vallès Oriental county. Known for its thermal-spa heritage, the town lies about 35 kilometres north of Barcelona, with good connections to the metropolitan area and steady demand for professional space.

The property offers 168 m² of built surface arranged as six independent office units. It is a well-maintained building that has passed its Technical Building Inspection (ITE), which lowers the technical uncertainty of the operation and makes it easier to add value.

The purpose of the project is to finance 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. The plan is to acquire the asset, upgrade it and bring it to market for sale, generating the return from its revaluation.

The operation is structured as a loan with a fixed interest rate plus a success fee, backed by the collateral of the property itself, in line with Invernova's co-investment model, in which it invests its own capital alongside that of the participants.

Key data and projection

Property type

Set of offices — 168 m², 6 units

Estimated property value

50.000 €

Estimated total investment

38.000 €

Estimated profit

+12.000 €

Estimated exit value composition

Exit value50.000 €
Investment recovered76%
Estimated profit24%
+32% on the investment

Estimated investment breakdown

Investment38.000 €
Purchase price27.000 €
Taxes5000 €
Renovation / works4000 €
Other expenses2000 €

Project updates

JUN282022
CompletedJune 28, 2022

Operation completed

Operation Caldes de Montbui successfully completed: capital returned to co-investors with a 16% return.

OCT052021
In operationOctober 5, 2021

Operation underway

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

OCT042021
FundedOctober 4, 2021

Operation 100% funded

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

SEP282021
Round openSeptember 28, 2021

Funding open

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

SEP272021
LaunchSeptember 27, 2021

New operation

Operation Caldes de Montbui launched. Capital raised and underway.

15.7%

est. 15.8%

Real return

8 months

est. 9 months

Real term

59.0%

LTV

Colateral Inmobiliario

Guarantee

Operation margin31.3%

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

Capital committed100%
38.000 €38.000 €
Invernova co-invests 8480 €
Invernova participates with 22.32%
Minimum participation25.000 €
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.