Sant Joan Despí

Sant Joan Despí, Barcelona

Invernova co-invests in this operation

We contribute €33,240 (22.16% of total capital). Our success depends on yours.

Description

Sant Joan Despí is a buy-and-sell operation on a flat in this Baix Llobregat municipality (Barcelona), very close to the capital and well connected to its metropolitan area, known for Jujol's modernist architecture.

The home offers 59 m² of built surface, arranged as two double bedrooms, a bathroom, open kitchen, living room and terrace. The building has passed its Technical Building Inspection (ITE); a full refurbishment of the home is planned.

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

59 m² apartment — 2 bedrooms with terrace

Estimated property value

€210,000

Estimated total investment

€150,000

Estimated profit

+€60,000

Estimated exit value composition

Exit value€210,000
Investment recovered71%
Estimated profit29%
+40% on the investment

Estimated investment breakdown

Investment€150,000
Purchase price€118,500
Taxes and notary€14,250
Renovation / works€15,000
Other costs€2,250

Project updates

JAN142025
CompletedJanuary 14, 2025

Operation completed

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

NOV232023
In operationNovember 23, 2023

Operation underway

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

NOV222023
FundedNovember 22, 2023

Operation 100% funded

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

NOV162023
Round openNovember 16, 2023

Funding open

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

NOV152023
LaunchNovember 15, 2023

New operation: Sant Joan Despí

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

16%

Estimated return

14 months

Estimated term

55.6%

LTV

Real-estate collateral

Guarantee

Capital committed100%
€150,000€150,000
Invernova co-invests €33,240
Invernova participates with 22.16%
Minimum participation€25,000
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.