Comarruga
Coma-ruga, Tarragona
Invernova co-invests in this operation
We contribute €18,444 (28.4% of total capital). Our success depends on yours.
Description
Coma-ruga is a buy-and-sell operation on a restaurant premises located in Coma-ruga, the coastal core of the El Vendrell municipality (Tarragona). The property sits on one of the town's busiest and best-known streets, surrounded by hospitality venues and just a few metres from the sea.
The premises offer 104 m² of built surface at street level, arranged as kitchen, bar, dining room, a bathroom and terrace. Its street-level location, in a high-footfall area, makes it especially attractive for hospitality use.
The project finances the acquisition of 100% of the property. Invernova handles the transfer of title, the licensing and the commercialization and marketing costs, investing its own capital alongside the participants ahead of resale.
Key data and projection
Property type
Restaurant-premises of 104 m²
Estimated property value
€90,000
Estimated total investment
€65,000
Estimated profit
+€25,000
Profit on the estimated investment
Estimated investment breakdown
Operation structure
Purchase, value-add and sale operation in Coma-ruga (Tarragona): Restaurant-premises of 104 m². 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: 23 months. Actual term to settlement: 43 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 38.3 % in 43 months. Past performance does not guarantee future results.
Project updates
Operation completed
Operation Comarruga successfully completed: capital returned to co-investors with a 26% 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 Comarruga launched. Capital raised and underway.
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