Creating a safe return on your investment
Riereta specialises in acquiring, developing and selling undervalued, centrally-located residential buildings to meet the growing demand for property in Barcelona.
Our extensive local network helps us identify undervalued properties before other investment firms. We then conduct due diligence to determine the feasibility of each project before negotiating to purchase the property below its market value.
Develop or sell
Depending on the type of project, we either sell or develop the building. The first added value is clarifying the building by solving the issues related to it. By renovating the property we add another value. We partner with leading architects, contractors and interior designers to deliver a high quality and standard.
Sale or rent
Our knowledge of the local real estate market helps us to sell or rent out the property.
A project typically lasts an average of six months and a maximum of 14 months.
Our expertise in the local real estate market helps us deliver the maximum value from each project and generate strong returns for our investors.
We co-invest with our investors
Riereta co-invests in every project with both the contractor and our investors. By doing so we show our confidence in each project, share the risk and ensure everyone’s interests are aligned. The minimum investment to start investing with us is €250.000.
We create a separate SPV (special purpose vehicle) for each project. The directors of the SPV exist of one member of Riereta and one nominated by the investors.
For each project we present a complete investment proposal and investors have access to all documents related to the specific project.
We target an absolute return of 12% per annum, although the return on previous projects has been higher. A management fee of 2,5% ex VAT is charged to all introduced funds.
Riereta offers an unguaranteed preferred return of 8%.