Castillejos – Barcelona

Barcelona, Barcelona

Invernova co-invests in this operation

We contribute €32,396 (24.92% of total capital). Our success depends on yours.

Description

Castillejos is a buy-and-sell operation on a flat located on Castillejos street, in the Sagrada Família neighbourhood, within Barcelona's Eixample district. One of the city's most sought-after residential and tourist areas, right by Gaudí's basilica.

The home offers 68 m² of built surface, arranged as three double bedrooms, a bathroom, open kitchen and living room. The building has a lift and has passed its Technical Building Inspection (ITE); a full refurbishment of the home is planned.

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

Key data and projection

Property type

68 m² apartment — 3 bedrooms

Estimated property value

€250,000

Estimated total investment

€130,000

Estimated profit

+€120,000

Estimated exit value composition

Exit value€250,000
Investment recovered52%
Estimated profit48%
+92% on the investment

Estimated investment breakdown

Investment€130,000
Purchase price€98,800
Taxes and notary€13,650
Renovation / works€15,600
Other costs€1,950

Project updates

JUN062024
CompletedJune 6, 2024

Operation completed

The operation has been completed successfully. Returns have been distributed to co-investors.

FEB132023
In operationFebruary 13, 2023

Operation underway

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

FEB122023
FundedFebruary 12, 2023

Operation 100% funded

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

FEB062023
Round openFebruary 6, 2023

Funding open

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

FEB052023
LaunchFebruary 5, 2023

New operation: Castillejos – Barcelona

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

16%

Estimated return

16 months

Estimated term

39.0%

LTV

Real-estate collateral

Guarantee

Capital committed100%
€130,000€130,000
Invernova co-invests €32,396
Invernova participates with 24.92%
Minimum participation€20,000
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.