Santuari – Barcelona
Barcelona, Barcelona
Invernova co-invests in this operation
We contribute €11,856 (11.9% of total capital). Our success depends on yours.
Description
Santuari is a buy-and-sell operation on a flat located on Santuari street, in the El Coll and Carmel area, within Barcelona's Gràcia district. It is one of the busiest streets in the area, in a neighbourhood with strong residential demand thanks to its character and proximity to the city centre.
The flat offers 69 m² of built surface, arranged as two double bedrooms, a bathroom, open kitchen and living room. The building has passed its Technical Building Inspection (ITE) and has a lift; 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
69 m² apartment — 2 bedrooms
Estimated property value
€149,000
Estimated total investment
€100,000
Estimated profit
+€49,000
Profit on the estimated investment
Estimated investment breakdown
Operation structure
Purchase, value-add and sale operation in Barcelona: 69 m² apartment — 2 bedrooms. 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: 12 months. Actual term to settlement: 7 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 27.2 % in 7 months. Past performance does not guarantee future results.
Project updates
Operation completed
Operation Santuari – Palma successfully completed: capital returned to co-investors with a 12% return.
Operation underway
The execution phase of the operation has begun. We will keep you informed of the most relevant milestones.
Operation 100% funded
We have reached the funding target. The operation phase will begin shortly.
Funding open
The operation is now open to co-investment. Reserve your participation before the round is filled.
New operation
Operation Santuari – Palma launched. Capital raised and underway.
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