MA
Marisol
LeadUpload
Today8Pipeline13InboxContacts
CapitalPortfolioHoldingsFit to send
ComplianceHouseGuideProgress
Soho 832d
Barri Vell 68d

Waiting on

Gràcia 31Lavapiés 182 more in the pipeline
TeamFirmSetup
SV
Showroom visitor
MAMarisol
Loading
8TodayPipelineInboxContacts
13 in the pipeline · 11 markets
© 2026 Ittai Savran. All rights reserved.e38cf50 · 20 Sept, 22:07 Madrid
Demo

You are looking as the firm — the desk at Marisol Patrimonio, where deals are worked.

The firmThe investor
What this is|
Back to pipeline

Benimaclet 7

33d in stage· 14 units
Yield on cost
8,4 %

Cost and returns quoted on — change

Asking
Offered
ours · pending
TPC
1.798.776 €
128.484 € / unit
LP IRR
13,7 %
clears the 12,0 % bar
Yield on cost
8,4 %
clears the 7,0 % bar
Total cost
1.798.776 €
128.484 € a unit
LP equity
737.660 €
2,91× back
Stabilised NOI
150.272 €
on 419.629 € revenue
Exit
2.074.828 €
net of debt · year 10
How safe is itany two assumptions as a gridChange an assumptionrevenue, operations, capex, financeThe structures side by sideloan, equity, cover, return

How the cost is built

14 units

WhatAmountSharePer unit
Purchase pricethe price on the plan1.400.000 €77,8 %100.000 €
Transfer tax (ITP)a rate on the price84.000 €4,7 %6.000 €
Stamp duty (AJD)a rate on the price10.500 €0,6 %750 €
Broker's commissiona rate on the price42.000 €2,3 %3.000 €
Due diligencea rate on the price7.000 €0,4 %

Still missing 3

Work the whole list →
  • Plan has 2 units, the deal says 14Per-unit figures divide by different numbers on the two screens.Assumptions
  • Interior design and procurementCounted as zero in total project cost, so the yield reads high.Assumptions
  • Cleaning fee on 2 unitsCheck-in revenue is missing from the P&L.Assumptions
Open this model in ExcelLive formulas, not a printout — change an input and the returns move. Every figure foots to the model above, to the euro.
500 €
Notary, registry, SPV, tax advicefour figures on the plan8.700 €0,5 %621 €
Renovationper unit × the units, plus common areas, plus contingency61.000 €3,4 %4.357 €
FF&E and ITper unit × the units109.600 €6,1 %7.829 €
Permits, architect, designfigures on the plan40.000 €2,2 %2.857 €
The firm's feea share of the total, including itself35.976 €2,0 %2.570 €
Total project cost1.798.776 €100 %128.484 €

Deliberately outside this total

IVA fronted on works and fees56.343 €
Reclaimed, typically within 12 months. It changes when the money is needed, never what the building costs.