Flaçà
Flaçà, Girona
Invernova co-invests in this operation
We contribute €34,410 (43% of total capital). Our success depends on yours.
Description
Flaçà is a buy-and-sell operation on a home in this Gironès municipality (Girona), in the north-east of the county, on the border with the Baix Empordà. A well-connected town in north-eastern Catalonia.
The flat offers 57 m² of built surface, arranged as two double bedrooms, a bathroom, open kitchen and living room, plus a generous 85 m² terrace. The building has passed its Technical Building Inspection (ITE) and the home is in good condition, requiring only a light makeover.
The project finances the acquisition of 100% of the property. Invernova takes on the upgrade 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
57 m² apartment with 85 m² terrace
Estimated property value
€120,000
Estimated total investment
€80,000
Estimated profit
+€40,000
Profit on the estimated investment
Estimated investment breakdown
Operation structure
Purchase, value-add and sale operation in Flaçà (Girona): 57 m² apartment with 85 m² terrace. 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: 16 months. Actual term to settlement: 23 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.
- Works risk: cost overruns or surprises in the refurbishment (installations, hidden damage) that reduce the margin.
- Result: operation settled with an obtained return of 30 % in 23 months. Past performance does not guarantee future results.
Project updates
Operation completed
Operation Flaçà successfully completed: capital returned to co-investors with a 30% 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 Flaçà launched. Capital raised and underway.
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