Monrao – Manresa

Manresa, Barcelona

Invernova co-invests in this operation

We contribute €25,128 (21.9% 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

111 m² apartment — 3 bedrooms

Estimated property value

€200,000

Estimated total investment

€115,000

Estimated profit

+€85,000

Profit on the estimated investment

Exit value€200,000
Investment recovered100%
Estimated profit+74%
Estimated return for the co-investor: 14% (half the margin)

Estimated investment breakdown

Investment€115,000
Purchase price€94,875
Taxes and notary€10,925
Renovation / works€8,050
Other costs€1,150

Operation structure

Purchase, value-add and sale operation in Manresa (Barcelona): 111 m² apartment — 3 bedrooms. 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: 14 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 17 %. Past performance does not guarantee future results.

Project updates

JUN222024
CompletedJune 22, 2024

Operation completed

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

MAY012023
In operationMay 1, 2023

Operation underway

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

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
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.

17%

est. 14%

Real return

14 months

Estimated term

44.9%

LTV

Real-estate collateral

Guarantee

Capital committed100%
€115,000€115,000
Invernova co-invests €25,128
Invernova participates with 21.9%
Minimum participation€25,000
Completed

This operation has been completed.

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Investments carry risk. Capital not guaranteed.

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