Boutique Hotel Renovation in El Born

Renovation and repositioning of an existing licensed 38-room hotel in a nineteenth-century building in El Born, close to the Picasso Museum and Parc de la Ciutadella. The hotel already holds its operating licence, which is a significant advantage in Barcelona.

Highlights

• Price per share: $500
• Total raise: $2,600,000
• Target distribution range: 8–11% per year, paid yearly
• One-time payment
• Capital returned at exit (subject to performance)

The opportunity

The $2,600,000 equity raise funds the purchase and a full refurbishment of rooms, the lobby and a new rooftop terrace. Reopening is targeted for spring 2027 under an independent boutique brand.

Hospitality projects are sensitive to tourism demand, operating costs and local regulation. Projected yearly distributions apply after reopening and stabilization and are not guaranteed.

The neighborhood

Barcelona blends Mediterranean lifestyle with Modernista architecture in neighborhoods such as L'Eixample and El Born. Tourist-rental licensing is tightly regulated, so investors should confirm permitted use before buying. Prices are shown in USD.

Good to know

• Identity verification (KYC) is required before investing.
• Distributions are projections and are not guaranteed.
• Shares are illiquid and are generally held for the full planned term.
• Prices are shown in USD for comparison; the transaction currency is EUR.

Important information

Projected distributions are estimates based on the sponsor's business plan, are not guaranteed and may be lower or delayed. Capital is at risk and investments may be illiquid for the full hold period. Please read the offering documents and the EstateFull investment risk disclosure before investing.