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

Piso de 68 m² — 3 habitaciones

Estimated property value

250.000 €

Estimated total investment

130.000 €

Estimated profit

+120.000 €

Estimated exit value composition

Exit value250.000 €
Investment recovered52%
Estimated profit48%
+92% on the investment

Estimated investment breakdown

Investment130.000 €
Purchase price98.800 €
Taxes and notary13.650 €
Renovation / works15.600 €
Other costs1950 €

Project updates

JUN062024
CompletedJune 6, 2024

Operation completed

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

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
In operationFebruary 5, 2023

Operation underway

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

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

Colateral del inmueble

Guarantee

Capital committed100%
130.000 €130.000 €
Invernova co-invests 32.396 €
Invernova participates with 24.92%
Minimum participation20.000 €
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.