Vilanova i la Geltrú

Vilanova i la Geltrú, Barcelona

Invernova co-invests in this operation

We contribute €3,280 (2.8% of total capital). Our success depends on yours.

Description

Vilanova i la Geltrú is a buy-and-sell operation on a commercial premises in the capital of the Garraf (Barcelona), a coastal city located about 45 km from both Barcelona and Tarragona.

The premises offer 189 m² of built surface, arranged as four offices, a bathroom and two shop windows. The building has passed its Technical Building Inspection (ITE), which makes it easier to add value for commercial or professional use.

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

Commercial premises of 189 m²

Estimated property value

€159,997

Estimated total investment

€118,000

Estimated profit

+€41,997

Profit on the estimated investment

Exit value€159,997
Investment recovered100%
Estimated profit+36%
Estimated return for the co-investor: 17.8% (half the margin)

Estimated investment breakdown

Investment€118,000
Purchase price€100,000
Taxes€3,000
Renovation / works€10,000
Other expenses€5,000

Operation structure

Purchase, value-add and sale operation in Vilanova i la Geltrú (Barcelona): Commercial premises of 189 m². 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: 10 months. Actual term to settlement: 19 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.

- Demand risk: the market for commercial premises and offices is narrower than the residential one and can lengthen the sale.

- Result: operation settled with an obtained return of 25.3 % in 19 months. Past performance does not guarantee future results.

Project updates

SEP202022
CompletedSeptember 20, 2022

Operation completed

Operation Vilanova i la Geltrú successfully completed: capital returned to co-investors with a 10% return.

NOV272021
In operationNovember 27, 2021

Operation underway

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

NOV262021
FundedNovember 26, 2021

Operation 100% funded

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

NOV202021
Round openNovember 20, 2021

Funding open

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

NOV192021
LaunchNovember 19, 2021

New operation

Operation Vilanova i la Geltrú launched. Capital raised and underway.

25.3%

est. 17.8%

Real return

19 months

est. 10 months

Real term

71.7%

LTV

Real-estate collateral

Guarantee

Operation margin50.7%

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

Capital committed13%
€15,280€118,000
Invernova co-invests €3,280
Invernova participates with 2.8%
Minimum participation€25,000
Completed

This operation has been completed.

Share

Investments carry risk. Capital not guaranteed.

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