Vilafranca del Penedès

Vilafranca del Penedès, Barcelona

Invernova co-invests in this operation

We contribute 18.043 € (18.6% of total capital). Our success depends on yours.

Description

Vilafranca del Penedès is a buy-and-sell operation on a flat in the capital of the Alt Penedès (Barcelona), a city known for its winemaking tradition, cava and the wines of the Penedès Denomination of Origin.

The home offers 110 m² of built surface over two floors, arranged as four double bedrooms, a bathroom, a guest toilet, kitchen, dining room and balcony. The building has passed its Technical Building Inspection (ITE) and has a lift; it shows signs of use and a full refurbishment 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

110 m² apartment — 4 double bedrooms

Estimated property value

120.000 €

Estimated total investment

97.000 €

Estimated profit

+23.000 €

Estimated exit value composition

Exit value120.000 €
Investment recovered81%
Estimated profit19%
+24% on the investment

Estimated investment breakdown

Investment97.000 €
Purchase price62.000 €
Taxes10.000 €
Renovation / works20.000 €
Other expenses5000 €

Project updates

DEC222022
CompletedDecember 22, 2022

Operation completed

Operation Vilafranca del Penedès successfully completed: capital returned to co-investors with a 18.4% return.

OCT052021
In operationOctober 5, 2021

Operation underway

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

OCT042021
FundedOctober 4, 2021

Operation 100% funded

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

SEP282021
Round openSeptember 28, 2021

Funding open

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

SEP272021
LaunchSeptember 27, 2021

New operation

Operation Vilafranca del Penedès launched. Capital raised and underway.

20.9%

est. 11.9%

Real return

16 months

est. 14 months

Real term

65.8%

LTV

Colateral Inmobiliario

Guarantee

Operation margin41.7%

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

Capital committed93%
89.921 €97.000 €
Invernova co-invests 18.043 €
Invernova participates with 18.6%
Minimum participation25.000 €
Completed

This operation has been completed.

Investments carry risk. Capital not guaranteed.