Project Return | Urbanitae Liquidates the Lagasca Project with a Final Return of 29.30%
– ⏱ 3 min
This article is for informational purposes only and does not, under any circumstances, constitute investment advice or a recommendation.
Urbanitae has officially announced the total liquidation of the Lagasca Project, one of its most emblematic operations within Madrid’s luxury residential segment. The project, managed by VG Investment, has concluded with the return of more than €3,500,000 to the investor community.
The final outcome has significantly exceeded the initial forecasts, reinforcing investor confidence in prime residential assets located in the Urbanitae.
Results Analysis: Exceeding Initial Expectations
The closing of the Lagasca Project stands out for its strategic management of timing and commercialization, which allowed the 811 participating investors to achieve returns well above those projected at the time of fundraising.
Final Metrics vs. Initial Estimates
| Metric | Initial Estimate | Final Result |
|---|---|---|
| Total Return | 15.75% | 29.30% |
| Estimated Term | 18 months | 32 months |
| Final IRR | 10.50% | 11.45% |
Keys to the Final Return
Several management decisions explain the exceptional performance of the Lagasca Project:
1. Optimization through Approved Extensions
The original investment term was extended twice, always with the explicit approval of investors. These extensions were strategically used to optimize the asset’s sale price rather than force an early exit under suboptimal market conditions. The result was a total return nearly double the original estimate.
2. Weighted Investment Term
Although the total calendar duration reached 32 months, partial capital distributions during the life of the project reduced the weighted investment term to 28 months, improving the effective profitability calculation.
3. Exit Efficiency in the Luxury Segment
The successful liquidation of over €3.5 million confirms the liquidity and resilience of Madrid’s luxury residential market, even during periods requiring extended execution timelines.
The Developer: VG Investment and Its Track Record
The reliability of VG Investment was a decisive factor behind the project’s success. With more than 24 years of experience and a track record exceeding 4,200 homes delivered across Spain and Mexico, the group has demonstrated a strong ability to manage complex assets in high-demand locations.
Its strategy focuses on identifying assets with an optimized balance between risk and return, particularly in prime areas such as the Salamanca neighborhood, appealing to both institutional and retail investors.
New Opportunity: Lagasca 92
Following the outstanding performance of the Lagasca Project, Urbanitae and VG Investment have announced a new opportunity in the same prime area: the Lagasca 92 Project.
1. Typology and Asset Profile
The new operation is structured as a loan intended to finance the acquisition, full renovation, and subsequent sale of a luxury residential unit. The asset is highly distinctive:
- Single-floor residence
- 510 m² built area
- 4 to 5 bedrooms, targeting the ultra-premium segment
This typology is particularly scarce in Madrid’s prime districts, reinforcing its investment appeal.
2. Prime Location
The property is located at 92 Lagasca Street, in the heart of the Salamanca neighborhood:
- Less than 5 minutes’ walk from the Italian Embassy
- Surrounded by Serrano and Velázquez commercial axes
- Excellent connectivity via the María de Molina tunnel, with direct access to the M-30 and A-2
- Approximately 15 minutes from Plaza de Colón
3. Commercial Viability
The projected sale price after renovation is around €6,600,000, reflecting strong demand from international buyers and high-net-worth individuals seeking turnkey luxury residences in Madrid’s most exclusive areas.
Realty Investor: Managing Reinvestment After Liquidation
With the liquidation of the Lagasca Project, many investors now face the challenge of efficiently reinvesting newly released capital.
At Realty Investor, we support this process through data-driven analysis:
- IRR Comparison: Contrast Lagasca’s final 11.45% IRR with current debt and equity opportunities
- Developer History: Review VG Investment’s full execution track record before committing to Lagasca 92
- Portfolio Diversification: Evaluate whether to reinvest in Salamanca or diversify into projects in areas such as Getafe or Rivas
Join our early access list and use our platform to manage returns, optimize reinvestment decisions, and maximize compound interest across your real estate portfolio.
Realty Investor
Your real estate crowdfunding, in one app.
Discover new opportunities. Invest through leading platforms. Manage your whole property portfolio from a single place.
The Realty Investor beta is now available. Explore the market, discover new projects and get to know the platform with simulated money, without putting in any capital.
Download the beta and start discovering a new way to manage your real estate investments.
Available for iOS and Android · beta with simulated money