Lliçà d'Amunt

Lliçà d'Amunt, Barcelona

Invernova co-invests in this operation

We contribute 64.042 € (21.2% of total capital). Our success depends on yours.

Description

Lliçà d'Amunt is an operation on a detached house in the Palaudàlba estate, in this Vallès Oriental municipality (Barcelona). A consolidated, quiet residential area, well connected to the metropolitan region.

The home offers 354 m² of built surface on an 812 m² plot. It is arranged over a semi-basement (88 m²), a ground floor (165 m² plus porch) with dining room, kitchen, two bedrooms and a bathroom, and an attic floor (88 m² plus porch). It has a garden with pool and barbecue. It is in good condition and only the bathrooms, kitchen, parquet and garden will be refurbished.

The project finances the acquisition of 100% of the property, backed by a first-lien mortgage guarantee registered at the land registry. Invernova takes on the refurbishment and the commercialization, marketing and home-staging costs, investing its own capital alongside the participants ahead of resale.

Key data and projection

Property type

Independent house of 354 m² (plot 812 m²) with swimming pool

Location

Palaudàlba development in Lliçà d'Amunt

Estimated property value

368.229 €

Estimated total investment

302.042 €

Estimated profit

+66.187 €

Estimated exit value composition

Exit value368.229 €
Investment recovered82%
Estimated profit18%
+22% on the investment

Estimated investment breakdown

Investment302.042 €
Purchase price238.000 €
Taxes33.066 €
Renovation / works27.512 €
Other expenses3464 €

Operation structure

Lliçà Hills Residence is a purchase and sale operation on an independent single-family house located in the Palaudàlba residential development, in Lliçà d'Amunt (Barcelona), a consolidated residential area of Vallès Oriental characterized by its tranquility, privacy and excellent communication with Granollers and the Barcelona metropolitan area.

The property has 354 m² of built area on a plot of 812 m², distributed across three levels. The main floor houses a spacious living-dining room with fireplace and direct access to the porch, independent kitchen, bedrooms and bathroom. The upper floor offers additional bright spaces, while the semi-basement provides multipurpose space for garage, storage or future leisure areas.

The exterior is one of the main attractions of the property, with a large fully landscaped garden, private swimming pool, spacious terraces, barbecue area and various spaces designed to enjoy throughout the year. The property had an excellent structural foundation, so only a partial renovation focused on bathrooms, kitchen, flooring and garden conditioning was necessary to increase its commercial appeal.

The project aimed to finance the acquisition of 100% of the property. Invernova assumed the renovation, home staging, commercialization and all associated costs, co-investing its own capital together with that of the participants until its subsequent sale.

Key risks

Execution of the renovation within the budgeted amount.

Evolution of the single-family residential market during commercialization.

Typical sales timelines for high-value properties.

Project updates

MAR212024
CompletedMarch 21, 2024

Operation completed

Operation Lliçà d'Amunt successfully completed: capital returned to co-investors with a 18% return.

APR272023
In operationApril 27, 2023

Operation underway

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

APR262023
FundedApril 26, 2023

Operation 100% funded

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

APR202023
Round openApril 20, 2023

Funding open

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

APR192023
LaunchApril 19, 2023

New operation

Operation Lliçà d'Amunt launched. Capital raised and underway.

18%

est. 11%

Real return

11 months

est. 11 months

Real term

64.6%

LTV

Colateral Inmobiliario

Guarantee

Operation margin36%

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

Capital committed100%
302.042 €302.042 €
Invernova co-invests 64.042 €
Invernova participates with 21.2%
Minimum participation25.000 €
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.