Cambrils

Cambrils, Tarragona

Invernova co-invests in this operation

We contribute 65.143 € (26.06% of total capital). Our success depends on yours.

Description

Cambrils is a buy-and-sell operation on a beachfront flat in this tourist destination of the Baix Camp (Tarragona), barely 19 km from the provincial capital. The town is one of the most populated and attractive residential and holiday spots on the Costa Dorada.

The home offers 196 m² of built surface on a mezzanine level, arranged as three double bedrooms, two bathrooms, kitchen, living room, terrace and parking. Its standout feature is direct access to the beach from the dining room and bedrooms. The building has passed its Technical Building Inspection (ITE) and has a 24-hour concierge.

The project finances the acquisition of 100% of the property. Invernova takes on a light refurbishment and the commercialization, marketing and home-staging costs, as well as the inherent expenses, and invests its own capital alongside the participants ahead of resale.

Key data and projection

Property type

196 m² apartment on the beachfront

Estimated property value

319.000 €

Estimated total investment

249.961 €

Estimated profit

+69.039 €

Estimated exit value composition

Exit value319.000 €
Investment recovered78%
Estimated profit22%
+28% on the investment

Estimated investment breakdown

Investment249.961 €
Purchase price206.000 €
Taxes25.000 €
Renovation / works15.000 €
Other expenses3961 €

Project updates

JUL242020
CompletedJuly 24, 2020

Operation completed

Operation Cambrils successfully completed: capital returned to co-investors with a 19.1% return.

NOV212019
In operationNovember 21, 2019

Operation underway

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

NOV202019
FundedNovember 20, 2019

Operation 100% funded

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

NOV142019
Round openNovember 14, 2019

Funding open

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

NOV132019
LaunchNovember 13, 2019

New operation

Operation Cambrils launched. Capital raised and underway.

20%

est. 13.8%

Real return

8 months

est. 8 months

Real term

57.9%

LTV

Colateral Inmobiliario

Guarantee

Operation margin40%

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

Capital committed100%
249.961 €249.961 €
Invernova co-invests 65.143 €
Invernova participates with 26.06%
Minimum participation25.000 €
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.