Roda de Berà

Roda de Berà, Tarragona

Invernova co-invests in this operation

We contribute €51,320 (23.2% of total capital). Our success depends on yours.

Description

Roda de Berà is a buy-and-sell operation on a detached villa in this Tarragonès municipality (Tarragona), in the heart of the Costa Dorada, a much sought-after residential and tourist spot.

The villa offers 127 m² of built surface on a single floor, arranged as four bedrooms (two double, two single), two bathrooms, kitchen and dining room, with garden and pool. The home needs refurbishment; in fact, a buyer is already interested in customising it to their taste.

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

Independent chalet of 127 m² with pool

Estimated property value

€260,000

Estimated total investment

€221,000

Estimated profit

+€39,000

Profit on the estimated investment

Exit value€260,000
Investment recovered100%
Estimated profit+18%
Estimated return for the co-investor: 8.8% (half the margin)

Estimated investment breakdown

Investment€221,000
Purchase price€181,000
Taxes€20,000
Renovation / works€15,000
Other expenses€5,000

Operation structure

Purchase, value-add and sale operation in Roda de Berà (Tarragona): Independent chalet of 127 m² with pool. 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: 18 months. Actual term to settlement: 18 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 20.1 % in 18 months. Past performance does not guarantee future results.

Project updates

JUL182023
CompletedJuly 18, 2023

Operation completed

Operation Roda de Berà successfully completed: capital returned to co-investors with a 20% return.

OCT072021
In operationOctober 7, 2021

Operation underway

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

OCT062021
FundedOctober 6, 2021

Operation 100% funded

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

SEP302021
Round openSeptember 30, 2021

Funding open

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

SEP292021
LaunchSeptember 29, 2021

New operation

Operation Roda de Berà launched. Capital raised and underway.

20.1%

est. 8.8%

Real return

18 months

est. 18 months

Real term

65.3%

LTV

Real-estate collateral

Guarantee

Operation margin40.2%

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

Capital committed100%
€221,000€221,000
Invernova co-invests €51,320
Invernova participates with 23.2%
Minimum participation€25,000
Completed

This operation has been completed.

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Investments carry risk. Capital not guaranteed.

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