Project showcase

Nava

A central Palma townhouse repositioning aimed at premium urban buyers and short execution cycles.

Palma, Mallorca, Spain Design Townhouse Design-forward townhouse redevelopment with fast urban exit strategy
Current phase Open for investment
Milestones complete 1 / 6
1 of 6 public milestones complete 17% complete

Funding status

6% funded
CommittedEUR 65,000.00
RemainingEUR 1,060,000.00

Phase progress

Completed1
Active1
Total phases6

Economics snapshot

Total investmentEUR 1,125,000.00
Gross profitEUR 378,000.00
Net profitEUR 264,500.00
Target exitEUR 1,582,000.00

Budget allocation

Construction costs EUR 560,000.00
Land acquisition EUR 195,000.00
Miscellaneous contingencies EUR 80,000.00
Interior furnishing and smart home EUR 75,000.00
Architectural and design fees EUR 65,000.00
Landscaping and outdoor facilities EUR 45,000.00
Legal, permits and licensing EUR 30,000.00
Marketing and sales costs EUR 30,000.00

Build timeline

Completed First look and underwriting

Investors review the location, valuation logic, design concept, and execution plan for the asset.

Active Reservation and allocation

Indicative commitments are collected while the SPV cap table and allocation schedule are organized.

Planned Investment agreement signed

Subscription documents are circulated and investor commitments are prepared for transfer to the SPV.

Planned SPV funded and permits in process

Once funding is advanced, the SPV moves into legal structuring, permits, licensing, and contractor coordination.

Planned Construction phases

Investors can follow structure, envelope, MEP, interiors, landscaping, and handover milestones.

Planned Sale, closing, and distributions

After exit and closing, net proceeds are reconciled and distributed to investors according to their equity share.

Largest planned cost Construction costs - EUR 560,000.00

Next step

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