Seva

Seva, Barcelona

Invernova co-invests in this operation

We contribute €76,624 (26.9% of total capital). Our success depends on yours.

Description

Seva is a buy-and-sell operation on a detached house in this Osona county municipality (Barcelona), in a quiet natural setting at the foot of the Montseny massif.

The villa offers 255 m² of built surface over two floors, arranged as three bedrooms (two double, one single), two bathrooms, kitchen, dining room and garage. Outside it has a pool, porch and chill-out area. It is in good condition.

The project finances the acquisition of 100% of the property. Invernova takes on the fit-out 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 house of 255 m² with swimming pool

Estimated property value

€360,000

Estimated total investment

€285,000

Estimated profit

+€75,000

Profit on the estimated investment

Exit value€360,000
Investment recovered100%
Estimated profit+26%
Estimated return for the co-investor: 13.2% (half the margin)

Estimated investment breakdown

Investment€285,000
Purchase price€252,000
Taxes€25,000
Renovation / construction€3,000
Other expenses€5,000

Operation structure

Purchase, value-add and sale operation in Seva (Barcelona): Independent house of 255 m² with swimming 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: 16 months. Actual term to settlement: 12 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 16.6 % in 12 months. Past performance does not guarantee future results.

Project updates

MAR082023
CompletedMarch 8, 2023

Operation completed

Operation Seva successfully completed: capital returned to co-investors with a 9% return.

MAR112022
In operationMarch 11, 2022

Operation underway

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

MAR102022
FundedMarch 10, 2022

Operation 100% funded

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

MAR042022
Round openMarch 4, 2022

Funding open

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

MAR032022
LaunchMarch 3, 2022

New operation

Operation Seva launched. Capital raised and underway.

16.6%

est. 13.2%

Real return

12 months

est. 16 months

Real term

57.9%

LTV

Real-estate collateral

Guarantee

Operation margin33.1%

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

Capital committed100%
€285,000€285,000
Invernova co-invests €76,624
Invernova participates with 26.9%
Minimum participation€25,000
Completed

This operation has been completed.

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Investments carry risk. Capital not guaranteed.

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