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Barri Vell 68d

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© 2026 Ittai Savran. All rights reserved.e38cf50 · 20 Sept, 22:07 Madrid
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You are looking as the firm — the desk at Marisol Patrimonio, where deals are worked.

The firmThe investor
What this is|
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Barri Vell 6

8d in stage· 18 units
OverdueNext action16 Sept 20264d overdue·
Yield on cost
10,5 %

Cost and returns quoted on — change

Asking
TPC
3.048.878 €
169.382 € / unit
LP IRR
26,0 %
clears the 12,0 % bar
Yield on cost
10,5 %
clears the 7,0 % bar
Total cost
3.048.878 €
169.382 € a unit
LP equity
1.248.832 €
2,33× back
Stabilised NOI
320.234 €
on 659.418 € revenue
Exit
3.395.726 €
net of debt · year 4
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

18 units

WhatAmountSharePer unit
Purchase pricethe price on the plan2.400.000 €78,7 %133.333 €
Transfer tax (ITP)a rate on the price144.000 €4,7 %8.000 €
Stamp duty (AJD)a rate on the price18.000 €0,6 %1.000 €
Broker's commissiona rate on the price72.000 €2,4 %4.000 €
Due diligencea rate on the price12.000 €0,4 %

Still missing 3

Work the whole list →
  • Plan has 2 units, the deal says 18Per-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.
667 €
Notary, registry, SPV, tax advicefour figures on the plan8.700 €0,3 %483 €
Renovationper unit × the units, plus common areas, plus contingency96.000 €3,1 %5.333 €
FF&E and ITper unit × the units173.200 €5,7 %9.622 €
Permits, architect, designfigures on the plan64.000 €2,1 %3.556 €
The firm's feea share of the total, including itself60.978 €2,0 %3.388 €
Total project cost3.048.878 €100 %169.382 €

Deliberately outside this total

IVA fronted on works and fees89.439 €
Reclaimed, typically within 12 months. It changes when the money is needed, never what the building costs.