Spain · Developer since 2016
End-to-end management — from land acquisition to asset management of completed property. Flexible financial and contractual terms adapted to each investor's requirements. Over 50 projects completed on the Costa Blanca since 2016.
50+ completed projects · 8 active · Since 2016 · Alicante, Spain
Inversa Development offers three participation formats across our projects. Each format is applicable to any project in our portfolio — the choice depends on the investor's objectives and preferred level of involvement.
*Expected returns based on project documentation for completed and current projects. Past performance does not guarantee future results. Capital at risk. Full terms set out in the project offering memorandum. Investment disclaimer
Construction management
We act as your construction manager. We obtain permits, select contractors, oversee quality, and deliver the completed asset. This service is designed for foreign owners who are unable to oversee a build remotely — we serve as your local team in Spain.
Management company
Fixed fee (% of construction cost)
Active development projects on the Costa Blanca. Each project is structured through a dedicated SPV and offers a full documentation package for due diligence.
Why Inversa Development
01
We control every stage: land → design → permits → construction → handover. Investors deal with a single counterparty, not a chain of intermediaries.
02
We do not raise investment against a concept. The architectural design, planning compliance and licencia de obras are all in place before any investment round opens.
03
A separate S.L. for each project. The investor's interest is registered in the articles of association. Funds via escrow. Notarial authentication at each key milestone. No verbal agreements.
04
A certificado de origen de fondos is required for every transaction without exception. This protects all parties.
05
We encourage each investor to engage their own lawyer. The full due diligence documentation package is provided at the relevant stage. We welcome any independent verification.
06
Each transaction is structured to the specific investor's requirements — financial terms, contractual conditions and timescales. The three formats are a starting point, not a rigid template.
From initial enquiry to the distribution of returns — a structured, documented process at every stage.
We discuss your objectives, preferred format and capital parameters. NDA upon request.
We provide the full documentation package: architectural design, permits, financial model, SPV structure.
Your lawyer reviews the documentation. Contract signed before any transfer of funds.
Construction proceeds to plan. Investor receives periodic progress reports. Profit distributed at the end of the cycle.
Compliance & structure
Inversa Development is a real estate developer. We are not registered with the CNMV (Comisión Nacional del Mercado de Valores) and do not act as an investment company, crowdfunding service provider or credit institution.
All transactions are structured as bilateral private placement contracts for qualified investors. Each project is conducted through a dedicated SPV (S.L.), with the investor's interest registered in the articles of association. This does not constitute a public offer of securities or financial instruments within the meaning of LMV (artículo 35) or applicable EU law.
Each investor is required to complete AML/KYC procedures, including a certificado de origen de fondos. We recommend that every investor engage independent legal counsel prior to signing.
All transactions are conducted in accordance with Spanish law. Notarial authentication is provided at each key stage.
Past performance does not guarantee future results. Capital at risk. Full investment disclaimer →
Answers to the most common questions from investors and legal advisers.
Each project is structured through a dedicated SPV (Special Purpose Vehicle) — an independent Spanish legal entity (S.L.) established for that specific project. Assets and liabilities are thereby ring-fenced. In the event of a delay, the revised timeline is agreed with investors in advance and documented by way of an addendum to the contract. Genuine force-majeure events — such as amendments to building regulations or geotechnical findings — constitute the only scenario in which a project may be halted. In that case, the SPV's assets (land, works in progress, approved permits) are assessed and realised under Spanish law, and proceeds are returned to investors pro rata to their respective interests. Sergey Makarov — founder and director — has brought every project to completion since 2016. This is a core element of Inversa Development's reputation on the Costa Blanca.
From €100,000 for structured investment transactions. The specific threshold is set per project and documented in the project memorandum. We work with qualified investors; where capital falls below the threshold, the transaction is not viable from an SPV-structuring standpoint.
Contractual protection operates on several levels: a dedicated SPV (S.L.) per project with the investor's interest registered in the articles of association; an escrow account for funds flows; notarial authentication at each key milestone; and a full documentation package (licencia, proyecto, contrato) provided prior to any capital transfer. This constitutes contractual protection, not insurance. Real estate investment carries risk, including the possible partial or total loss of capital.
Returns depend on the project and the participation structure. Across completed projects in our portfolio, historical returns have been 41–43% over an investment cycle of 1.5–2 years. Expected returns for current projects are specified individually in each project's offering documentation. Past performance does not guarantee future results. Capital at risk.
Yes, subject to conversion into euros through a regulated VASP (Bit2Me, Bitnovo or equivalent) prior to notarial completion. A certificado de origen de fondos evidencing the source of funds is required irrespective of the payment method.
Qualified private investors and institutional structures (family offices, investment companies). In practice: declared capital, a verifiable source of funds, and willingness to complete the AML/KYC procedure. We work with investors from EU/EEA, the United Kingdom, Switzerland and other jurisdictions, subject to satisfactory AML/KYC clearance and the absence of applicable sanctions restrictions.
1.5–2 years from contract signature to profit distribution. The timeline is fixed in the transaction terms. Precise timescales are set out in each project's offering documentation.
Inversa Development is a real estate developer, not an investment company. We do not hold a CNMV licence and do not act in any such capacity. All transactions are structured as bilateral private placement contracts for qualified investors through separate SPVs. This does not constitute a public offer of an investment product within the meaning of LMV (artículo 35). Each investor is advised to engage independent legal counsel prior to signing.
No. Each transaction is structured individually. Flexibility on financial terms, timescales and contractual conditions is standard to our approach. The minimum entry is €100,000; all other parameters are tailored to each investor's requirements. The three participation formats are a starting point, not a rigid template.
Request information
Submit your enquiry and we will respond within one business day. All communications are confidential. A full documentation package is available upon request following an initial call.
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