Girona

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 value€290,000
Investment recovered82%
Estimated profit18%
+22% on the investment

Estimated investment breakdown

Investment€237,620
Purchase price€195,000
Taxes€25,000
Renovation / works€15,000
Other expenses€2,620

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

Real-estate collateral

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 participation€25,000
Completed

This operation has been completed.

Project 100% funded

Investments carry risk. Capital not guaranteed.