Viladomat – Barcelona

Barcelona, Barcelona

Invernova co-invests in this operation

We contribute €72,720 (24.24% of total capital). Our success depends on yours.

Description

Viladomat is an operation on a penthouse located on Viladomat street, in L'Esquerra de l'Eixample in Barcelona, one of the city's most prized neighbourhoods, with art galleries, select retail and the grand architecture around Plaça d'Espanya.

The property offers 107 m² of built surface on a penthouse floor, arranged as three bedrooms (two double, one single), two bathrooms, kitchen, dining room and balcony. The building has passed its Technical Building Inspection (ITE) and has a lift; the home requires a full refurbishment.

The project finances the subdivision and refurbishment of the penthouse. Invernova handles the project filing with the city council, carries out the refurbishment and takes on the commercialization, marketing and home-staging costs, investing its own capital alongside the participants ahead of resale.

Key data and projection

Property type

107 m² penthouse — 3 bedrooms

Estimated property value

€600,000

Estimated total investment

€300,000

Estimated profit

+€300,000

Estimated exit value composition

Exit value€600,000
Investment recovered50%
Estimated profit50%
+100% on the investment

Estimated investment breakdown

Investment€300,000
Purchase price€241,500
Taxes and notary€30,000
Renovation / works€24,000
Other costs€4,500

Project updates

AUG292023
CompletedAugust 29, 2023

Operation completed

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

MAR072023
In operationMarch 7, 2023

Operation underway

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

MAR062023
FundedMarch 6, 2023

Operation 100% funded

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

FEB282023
Round openFebruary 28, 2023

Funding open

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

FEB272023
LaunchFebruary 27, 2023

New operation: Viladomat – Barcelona

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

11%

Estimated return

6 months

Estimated term

37.9%

LTV

Real-estate collateral

Guarantee

Capital committed100%
€300,000€300,000
Invernova co-invests €72,720
Invernova participates with 24.24%
Minimum participation€25,000
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.