Caldes de Montbui
Caldes de Montbui, Barcelona
Invernova co-invests in this operation
We contribute €8,480 (22.3% 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
Profit on the estimated investment
Estimated investment breakdown
Operation structure
Purchase, value-add and sale operation in Caldes de Montbui (Barcelona): Set of offices — 168 m², 6 units. 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. Actual term to settlement: 8 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.
- Demand risk: the market for commercial premises and offices is narrower than the residential one and can lengthen the sale.
- Result: operation settled with an obtained return of 15.7 % in 8 months. Past performance does not guarantee future results.
Project updates
Operation completed
Operation Caldes de Montbui successfully completed: capital returned to co-investors with a 16% return.
Operation underway
The execution phase of the operation has begun. We will keep you informed of the most relevant milestones.
Operation 100% funded
We have reached the funding target. The operation phase will begin shortly.
Funding open
The operation is now open to co-investment. Reserve your participation before the round is filled.
New operation
Operation Caldes de Montbui launched. Capital raised and underway.
