Riereta – Barcelona

Barcelona, Barcelona

Invernova co-invests in this operation

We contribute 35.951 € (28.81% of total capital). Our success depends on yours.

Description

Riereta is a buy-and-sell operation on a flat located on Riereta street, in the Raval neighbourhood, in the heart of Barcelona's Ciutat Vella district. A central, lively area with strong rental and purchase demand thanks to its location.

The home offers 52 m² of built surface, arranged as a double bedroom integrated with the dining room, a bathroom and open kitchen. The building has passed its Technical Building Inspection (ITE) and the home is in good condition.

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

52 m² apartment in El Raval

Estimated property value

160.000 €

Estimated total investment

124.800 €

Estimated profit

+35.200 €

Estimated exit value composition

Exit value160.000 €
Investment recovered78%
Estimated profit22%
+28% on the investment

Estimated investment breakdown

Investment124.800 €
Purchase price105.300 €
Taxes and notary13.500 €
Renovation / works4000 €
Other expenses2000 €

Project updates

JUN212024
CompletedJune 21, 2024

Operation completed

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

OCT292022
In operationOctober 29, 2022

Operation underway

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

OCT282022
FundedOctober 28, 2022

Operation 100% funded

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

OCT222022
Round openOctober 22, 2022

Funding open

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

OCT212022
LaunchOctober 21, 2022

New operation: Riereta – Barcelona

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

16.1%

est. 14.1%

Real return

16 months

est. 12 months

Real term

55.5%

LTV

Colateral del inmueble

Guarantee

Operation margin32.3%

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

Capital committed100%
124.800 €124.800 €
Invernova co-invests 35.951 €
Invernova participates with 28.81%
Minimum participation25.000 €
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.