Nau Sant Lluís – Menorca

Sant Lluís (Menorca), Illes Balears

Invernova co-invests in this operation

We contribute 81.481 € (29.63% of total capital). Our success depends on yours.

Description

Nau Sant Lluís is a buy-and-sell operation on a unit located in Sant Lluís, at the south-eastern tip of Menorca (Balearic Islands). The asset sits in the exclusive Sant Lluís estate, highly prized given the scarcity of units across the island.

The unit offers 914 m² of built surface on a 1,317 m² plot, on a single floor, with an office and parking for several vehicles. Although in good condition, the plan calls for a full refurbishment.

The project finances the acquisition of 100% of the property. Invernova takes on the refurbishment and the commercialization and marketing costs, plus the inherent expenses, investing its own capital alongside the participants ahead of resale.

Key data and projection

Property type

914 m² industrial warehouse (1,317 m² plot)

Estimated property value

370.000 €

Estimated total investment

275.000 €

Estimated profit

+95.000 €

Estimated exit value composition

Exit value370.000 €
Investment recovered74%
Estimated profit26%
+35% on the investment

Estimated investment breakdown

Investment275.000 €
Purchase price250.000 €
Taxes20.000 €
Other expenses5000 €

Project updates

MAY202021
CompletedMay 20, 2021

Operation completed

Operation Nau Sant Lluís – Menorca successfully completed: capital returned to co-investors with a 20% return.

JUL312020
In operationJuly 31, 2020

Operation underway

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

JUL302020
FundedJuly 30, 2020

Operation 100% funded

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

JUL242020
Round openJuly 24, 2020

Funding open

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

JUL232020
LaunchJuly 23, 2020

New operation

Operation Nau Sant Lluís – Menorca launched. Capital raised and underway.

18.6%

est. 17.3%

Real return

9 months

est. 9 months

Real term

52.3%

LTV

Colateral Inmobiliario

Guarantee

Operation margin37.3%

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

Capital committed100%
275.000 €275.000 €
Invernova co-invests 81.481 €
Invernova participates with 29.63%
Minimum participation25.000 €
Completed

This operation has been completed.

Project 100% funded

Investments carry risk. Capital not guaranteed.