Monrao – Manresa

Manresa, Barcelona

Invernova co-invests in this operation

We contribute 25.128 € (21.85% of total capital). Our success depends on yours.

Description

Monrao is a buy-and-sell operation on a flat located in Manresa, capital of the Bages county (Barcelona), a key city in inland Catalonia with good connections and a consolidated residential market.

The home offers 111 m² of built surface on a fourth floor, arranged as three bedrooms (two double, one single), two bathrooms, kitchen and dining room, with a communal pool. The plan calls for a full refurbishment to add value.

The project finances the acquisition of 100% of the property. Invernova takes on the refurbishment 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

Piso de 111 m² — 3 dormitorios

Estimated property value

200.000 €

Estimated total investment

115.000 €

Estimated profit

+85.000 €

Estimated exit value composition

Exit value200.000 €
Investment recovered57%
Estimated profit43%
+74% on the investment

Estimated investment breakdown

Investment115.000 €
Purchase price94.875 €
Taxes and notary10.925 €
Renovation / works8050 €
Other costs1150 €

Project updates

JUN222024
CompletedJune 22, 2024

Operation completed

The operation has been completed successfully. Returns have been distributed to co-investors.

APR302023
FundedApril 30, 2023

Operation 100% funded

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

APR242023
Round openApril 24, 2023

Funding open

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

APR232023
In operationApril 23, 2023

Operation underway

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

APR232023
LaunchApril 23, 2023

New operation: Monrao – Manresa

We have identified a new real-estate co-investment opportunity. The funding phase will open soon to our co-investors.

14%

Estimated return

14 months

Estimated term

44.9%

LTV

Colateral del inmueble

Guarantee

Capital committed100%
115.000 €115.000 €
Invernova co-invests 25.128 €
Invernova participates with 21.85%
Minimum participation25.000 €
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.