Valls

Valls, Tarragona

Invernova co-invests in this operation

We contribute €17,555 (18.8% of total capital). Our success depends on yours.

Description

Valls is a buy-and-sell operation on a flat in this Alt Camp city (Tarragona), capital of the county, located in the Camp de Tarragona alongside the Francolí river.

The flat offers 120 m² of built surface on the ground floor, arranged as two double bedrooms, a bathroom, kitchen, dining room and terrace. 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

120 m² ground floor apartment — 2 bedrooms

Estimated property value

€130,000

Estimated total investment

€93,594

Estimated profit

+€36,406

Profit on the estimated investment

Exit value€130,000
Investment recovered100%
Estimated profit+39%
Estimated return for the co-investor: 19.4% (half the margin)

Estimated investment breakdown

Investment€93,594
Purchase price€58,594
Taxes€10,000
Renovation / works€20,000
Other expenses€5,000

Operation structure

Purchase, value-add and sale operation in Valls (Tarragona): 120 m² ground floor 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: 14 months. Actual term to settlement: 14 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 23.1 % in 14 months. Past performance does not guarantee future results.

Project updates

JAN092023
CompletedJanuary 9, 2023

Operation completed

Operation Valls successfully completed: capital returned to co-investors with a 25% return.

NOV172021
In operationNovember 17, 2021

Operation underway

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

NOV162021
FundedNovember 16, 2021

Operation 100% funded

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

NOV102021
Round openNovember 10, 2021

Funding open

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

NOV092021
LaunchNovember 9, 2021

New operation

Operation Valls launched. Capital raised and underway.

23.1%

est. 19.4%

Real return

14 months

est. 14 months

Real term

58.5%

LTV

Real-estate collateral

Guarantee

Operation margin46.1%

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

Capital committed81%
€76,149€93,594
Invernova co-invests €17,555
Invernova participates with 18.8%
Minimum participation€25,000
Completed

This operation has been completed.

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Investments carry risk. Capital not guaranteed.

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