Girona

Girona

Invernova co-invests in this operation

We contribute 72.689 € (30.59% of total capital). Our success depends on yours.

Description

Riera Buganto is a buy-sell operation on a duplex-penthouse located in the well-known Montilivi area in Girona, a city crossed by the Ter and Onyar rivers and capital of the Gironès region.

The property has 141 m² built on two floors and is distributed into four bedrooms (three double and one single), two bathrooms, kitchen, dining room, two balconies and one parking space. It stands out for being very spacious and bright, both externally and internally. The building has passed the ITE inspection and has an elevator; only the bathroom is planned to be renovated.

The purpose of the project is to finance the acquisition of 100% of the property. Invernova assumes the renovation and commercialization, marketing and home staging costs, as well as related expenses, and invests its own capital together with that of the participants for its subsequent sale.

Key data and projection

Property type

141 m² duplex-penthouse with 4 bedrooms

Estimated property value

290.000 €

Estimated total investment

237.620 €

Estimated profit

+52.380 €

Estimated exit value composition

Exit value290.000 €
Investment recovered82%
Estimated profit18%
+22% on the investment

Estimated investment breakdown

Investment237.620 €
Purchase price195.000 €
Taxes25.000 €
Renovation / works15.000 €
Other expenses2620 €

Project updates

FEB142021
CompletedFebruary 14, 2021

Operation completed

Operation Girona successfully completed: capital returned to co-investors with a 11.2% return.

JAN032020
In operationJanuary 3, 2020

Operation underway

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

JAN022020
FundedJanuary 2, 2020

Operation 100% funded

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

DEC272019
Round openDecember 27, 2019

Funding open

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

DEC262019
LaunchDecember 26, 2019

New operation

Operation Girona launched. Capital raised and underway.

12.3%

est. 11%

Real return

13 months

est. 15 months

Real term

56.9%

LTV

Colateral Inmobiliario

Guarantee

Operation margin24.6%

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

Capital committed100%
237.620 €237.620 €
Invernova co-invests 72.689 €
Invernova participates with 30.59%
Minimum participation25.000 €
Completed

This operation has been completed.

Project 100% funded

Investments carry risk. Capital not guaranteed.