Ses Salines Lands

Ses Salines, Illes Balears

Invernova co-invests in this operation

We contribute 370.000 € (42.27% of total capital). Our success depends on yours.

Description

Three rural estates with a combined area of 59,338 m², located in one of the most exclusive areas of southern Mallorca, between Ses Salines, Colònia de Sant Jordi and the beaches of Es Trenc and Es Carbó.

The operation contemplates the development of three high-end villas, designed by a prestigious studio, adapted to the new urban planning regulations for rural land, maximizing the permitted building potential.

The plots have independent access, traditional Majorcan dry stone walls, excellent privacy and an established environment of residential estates and luxury agroturismos.

Key data and projection

Property type

Rural land

Location

Pleta Comuna, Ses Salines

Land area

59,338 m²

Estimated property value

1.250.000 €

Estimated total investment

875.250 €

Estimated profit

+374.750 €

Estimated exit value composition

Exit value1.250.000 €
Investment recovered70%
Estimated profit30%
+43% on the investment

Estimated investment breakdown

Investment875.250 €
Purchase price505.250 €
Taxes and notary50.000 €
Licenses and project200.000 €
Marketing50.000 €
Financial expenses20.000 €
Other expenses50.000 €

Differentiating factors

Three grouped plots with a total area of 59,338 m².
Architectural project signed by Ballesteros Drusetta.
Project designed in accordance with current urban planning regulations for rural land.
Privileged location just minutes from Es Trenc, Es Carbó and Colònia de Sant Jordi.
Independent access via consolidated road.
Plots completely fenced with traditional Mallorcan dry stone walls.
Exclusive environment of residential estates and high-end agroturismos.
Operation structured through land swap for completed construction.
High revaluation potential in a market with scarcity of quality buildable land.

Operation structure

The Ses Salines – Pleta Comuna Villas project represents an exceptional opportunity to develop three luxury residences in one of the most sought-after locations in Mallorca's premium residential market.

The complex is located on Camí des Porrassaret, in the municipality of Ses Salines, forming a unit of three independent plots perfectly grouped together, with a total area close to 60,000 m².

The architectural project has been developed by a studio recognized for its contemporary architecture integrated into the Mediterranean landscape. The homes have been conceived in accordance with the new urban planning regulations applicable to rural land, allowing maximum use of the building capacity currently authorized, a circumstance that makes the project a difficult-to-replicate asset.

The plots retain the traditional Majorcan character through their original dry stone enclosures, established native vegetation and a high level of privacy, all in an environment of great international appeal due to its proximity to some of Mallorca's most emblematic beaches.

The operation is structured through a land-for-completed-work swap, offering the developer or builder the opportunity to join the project at a very advanced stage of administrative processing.

Key risks

Definitive obtaining of the building license and completion of administrative processing.

Compliance with the planned urban planning deadlines for the start of construction.

Risk inherent to any real estate development on rural land, conditioned by regulations and administrative procedures.

Project updates

11 investor-only updates

JUL082024
FundedJuly 8, 2024

Operation 100% funded

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

JUL022024
Round openJuly 2, 2024

Funding open

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

JUL012024
LaunchJuly 1, 2024

New operation: Ses Salines Lands

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

JUL012024
In operationJuly 1, 2024

Operation underway

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

Participants only

Project updates are exclusive to co-investors who participated in this operation.

40%

agreed by contract

Fixed return

48 months

Estimated term

40.4%

LTV

Colateral Inmobiliario

Guarantee

Fixed return by contract

You earn 40% on your capital when the operation is settled, whatever happens. Invernova bears the operation's risk.

Capital committed100%
875.250 €875.250 €
Invernova co-invests 370.000 €
17 co-investors already participate
Invernova participates with 42.27%
Minimum participation25.000 €
In progress

This project is in its execution phase. No new participations are accepted.

Investments carry risk. Capital not guaranteed.