Salt – Girona

Salt, Girona

Invernova co-invests in this operation

We contribute 2800 € (3.64% of total capital). Our success depends on yours.

Description

Salt is a buy-and-sell operation on a duplex penthouse located in Salt, a Gironès municipality that forms a conurbation with the city of Girona and is the second most populated in its urban area.

The property offers 119 m² of built surface, arranged as three bedrooms (two double, one single), two bathrooms, kitchen, dining room, terrace and a parking space. The building has passed its Technical Building Inspection (ITE) and has a lift; a small refurbishment is planned to fix minor defects.

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

119 m² duplex penthouse — 3 bedrooms

Estimated property value

99.000 €

Estimated total investment

77.000 €

Estimated profit

+22.000 €

Estimated exit value composition

Exit value99.000 €
Investment recovered78%
Estimated profit22%
+29% on the investment

Estimated investment breakdown

Investment77.000 €
Purchase price51.000 €
Taxes and notary6000 €
Renovation / works15.000 €
Other expenses5000 €

Project updates

JUL092021
CompletedJuly 9, 2021

Operation completed

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

JAN242020
In operationJanuary 24, 2020

Operation underway

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

JAN232020
FundedJanuary 23, 2020

Operation 100% funded

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

JAN172020
Round openJanuary 17, 2020

Funding open

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

JAN162020
LaunchJanuary 16, 2020

New operation: Salt – Girona

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

19.6%

est. 14.3%

Real return

18 months

est. 23 months

Real term

75.0%

LTV

Colateral del inmueble

Guarantee

Operation margin39.1%

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

Capital committed100%
77.000 €77.000 €
Invernova co-invests 2800 €
Invernova participates with 3.64%
Minimum participation25.000 €
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.