Investment memo
The full case for one project: property, comparables, plan, budget, scenarios, timeline and risks. You decide on the basis of this document.
Invest with Ayvan
What you invest in, step by step.
One home at a time. You provide the capital and choose how you are paid, we buy, renovate and sell with our own team, and you see every step and every cost. Here is exactly how it works, and what you receive along the way.
100kMinimum in € or US$ (20 shares)
12%Fixed income a year
50/50Split of the net profit
MonthlyReports with photos and budget
Your journey
Eight steps, from first call to profit share.
Every step has an owner, a document and a decision point. You are never asked to commit before you have seen the numbers.
- 1StartYou · Kevin
Consultation
We talk about your goals, capital and timeframe, in English or Persian, and explain the two options and their risks.
- 2AnalysisKevin · Sasan
Investment memo
When a project is ready you receive its memo: the property, comparable sales, the renovation plan, full budget, timeline, scenarios and risks.
- 3DecisionYou
Your decision
You review the project and choose your option: Fixed Income at 12% a year, or a 50/50 share of the net profit. Nothing is signed until you are ready.
- 4ContractYou · Kevin
Contract and transfer
You sign your personal contract, which records the amount, your shares and your option, and transfer your capital.
- 5PurchaseSasan · legal team
Purchase at the notary
We buy the home with the project capital at a Spanish notary and register it at the Land Registry. You are informed at every step.
- 6WorksSasan · Behrooz · Kevin
Design and renovation
Design, licences and works by our own team, with every cost paid from the project budget and every change recorded in writing.
- 7MonthlyKevin
Monthly reports
Photos, progress by trade, every cost against the budget and the next steps.
- 8SaleSasan · Kevin
Sale and final accounts
We sell the home before completion, on completion or later, whichever serves the result. Costs are settled, your capital is returned and the net profit is split 50/50.
How profit is calculated
Every euro has a place.
Each project is presented with its purchase price, renovation budget, other costs and sale estimate before you invest. After the sale, what remains is divided equally.
Your capital
Purchase
Renovation
Other costs
Sale price
Costs repaid firstNet profit
Net profit
50%You
50%Us
Illustrative structure of the Profit Partnership. Bar lengths are schematic and do not represent any real project; the result of a Profit Partnership is not guaranteed.
Net profit, clearly defined
The sale price minus the purchase price, the renovation and the other costs listed in your contract.
Our share comes last
We are paid from the profit, so we only earn when the project does.
You see the numbers first
Every opportunity arrives with its budget, timeline and risks before you decide to buy.
Fees, openly
No fees. Our share comes from the profit.
We do not charge management, purchase or sales fees. We earn 50% of the net profit, and only after the home is sold.
One source of income
50% of the net profit, invoiced after the sale and the final accounts. If there is no profit, we earn nothing.
No extra fees
No management fee, no commission on buying or selling, no monthly charges from Ayvan.
Your transfer costs
The bank and exchange costs of transferring your capital are paid by you. Every other cost is part of the project budget.
Every euro in the contract
The amount you transfer and our 50% profit share are both written into the contract you sign with us.
Run the numbers
See how a project splits.
Move the sliders to build an example project. The result is an illustration of how the 50/50 model works, not a forecast or a promise.
Indicative rate: €1 = US$1.12 (12 Oct 2026). Projects are run in euros.
Example values. Every real project comes with its own figures before you decide.
Your capital
Sale price
Net profit
Your 50%
Our 50%
Your capital
Your capital buys a real home.
Your capital is used to buy the property and pay its costs. You see every step, every cost and the final accounts, in writing.
- 1
Your contract
It records the amount you transfer, the shares it represents and the option you chose.
- 2
Purchase
We buy the property with the project capital at a Spanish notary and register it.
- 3
Renovation
Every cost is paid from the project budget and shown in your monthly report.
- 4
Sale
Before completion, on completion or later, whichever gives the better result.
- 5
Final accounts
Your capital comes back with your 50% of the net profit. Fixed Income is paid every year instead.
Funding a whole project?
From €/$ 700,000 you can fund a project on your own. We buy the property with your capital, pay every cost from it, and you are informed of each step and each figure.
What you receive
See the documents before you invest.
These samples show the format and level of detail you can expect. The project, figures and names are fictional; every real project comes with its own.
Monthly report
Progress by trade, spending against budget, photos from site, decisions needed and next steps. Every month until the sale.
Contract summary
The key terms in plain language: ownership, approvals, costs, how net profit is defined and how it is shared.
Current opportunity
The next project is in preparation.
We only share an opportunity once the numbers have been checked. Register now and you will receive the memo first, with no obligation.
In preparation
Next Ayvan project, Marbella
Details are shared privately with registered investors once the property has been reviewed, measured and costed. What you will receive:
- The property, its location and comparable sales
- The renovation plan and drawings
- A full budget, line by line
- Timeline, scenarios and risks
Who it is for
Two ways in. The same project.
Whether you live in Spain or invest from abroad, the project, the team, the contract and the two options are the same.
Residents
You live in Spain
You are resident, with a bank account and capital ready, and you want a project run by people who build and sell for a living.
Discuss a projectInternational investors
You invest from abroad
You live outside Spain. You sign the same contract and transfer your capital from abroad. We handle everything on the ground and report to you in English or Persian.
Speak with our teamClear roles
You always know who does what.
You
- 1Provide the investment capital
- 2Review and choose the project before you invest
- 3Sign your contract and transfer your capital
- 4Receive 12% a year, or 50% of the net profit
Us
- 1Find and analyse the opportunity
- 2Design and renovate with our own team
- 3Market and sell the finished home
- 4Receive 50% of the net profit, nothing before it
In-houseSourcingProjectsLegalSalesEvery phase handled inside Ayvan
Risks, openly
What can change the result.
Every investment carries uncertainty. These are the points that matter most in a renovation project, and how we handle them.
The market
Sale prices move with the market. We look for homes priced below their potential, so a project has room before work begins.
The building
Older homes can hide problems. Our construction team assesses each building before you decide, and you see the full budget.
Time
We plan every project for the shortest realistic timeline for its size. Our aim is a strong result in the shortest reasonable time.
Events beyond control
A market crash, war or natural disasters such as floods or earthquakes can delay a project. As you share in the profit, you share in these circumstances, and we ask for patience while we see the project through.
Capital stays in
Capital cannot be withdrawn while a project is running. It comes back after the sale and the final accounts, or at the end of your Fixed Income term.
One team, every phase
Finding the property, running the works, legal matters and the sale are handled inside Ayvan, by our own specialists and lawyers.
What you hold
Your capital is used to buy the property and pay its costs, so even in the worst case it is held in a real asset in Marbella, not on paper. A project can be sold before completion, on completion or later. Property values can fall as well as rise, so the size of a Profit Partnership result is never certain; Fixed Income is the rate set in your contract.
Investor guide
Everything in one document.
14 pages: how Ayvan works, the two ways to invest, shares and group investing, worked examples, fees, risks and the legal and tax essentials. In English and Persian.
Questions
Straight answers.
How is the profit calculated?
Net profit is the sale price minus the purchase price, the renovation and the other costs listed in your contract. That amount is divided 50/50.
Is the return guaranteed?
It depends on the option. With Fixed Income, the 12% a year is a commitment by Ayvan, written into your contract. With the Profit Partnership, the result depends on the sale: property values, costs and the time needed to sell can all change, and every project is presented with its estimates and risks before you decide.
Who chooses the property?
Our team finds and analyses every property. You receive the full memo and decide whether to invest in that project.
What is the minimum investment?
From €/$ 100,000, which is 20 shares of €/$ 5,000 in a project. To fund a whole project on your own, the minimum is €/$ 700,000. This amount covers the project and its costs only.
Is my money safe?
Your capital is used to buy a real property in Marbella and pay its costs, so it is held in a real asset, not on paper, and every cost is reported to you. Your contract records every amount you transfer. Property values can fall as well as rise, so the size of a Profit Partnership result is never certain.
How long does a project take?
It depends on the size and type of the project. We plan every project for the shortest realistic timeline and share it with you before you invest. Capital cannot be withdrawn while a project is running, and events beyond our control can extend it.
How will I follow my project?
You receive regular progress reports with photos, an analysis of the work and a breakdown of spending against the budget.
Can we speak in Persian?
Yes. Consultations are available in English and Persian.
What is a share?
A share is our unit of measure: €/$ 5,000 of invested capital. It shows the size of your part of a project in your contract. It is not a company share or a traded security, and Ayvan works only with private investors through individual contracts.
What backs the 12% Fixed Income?
The 12% a year is a commitment by Ayvan and its team, written into your contract. During the year our team puts the capital to work in our projects, and you receive 12% of it every year, whatever the result of any single sale. Your capital is repaid at the end of your term.
Can I withdraw my capital before the project ends?
No. Capital is used to buy and renovate the property, so it cannot be paid back while the project is running. It returns after the sale and the final accounts, or at the end of your Fixed Income term.
What can delay a project?
Events such as a market crash, war or natural disasters like floods or earthquakes. Just as you share in the profit, you share in these circumstances, and we ask for patience while we see the project through. Our team works to prevent such issues, and a home can be sold before completion, on completion or later.
What happens in the worst case?
Your capital is used to buy the property itself, so it is held in a real asset in Marbella, not on paper. The project may take longer and the profit may be smaller, but the home remains until it is sold.
Who works on my project?
Kevin, Sasan and Behrooz lead every project. Behind them, our own lawyers and specialists handle each phase inside the company: finding the property, running the works, legal matters and the sale.
Can I live in the property?
No. The homes we buy are renovated and sold, so they cannot be used as a residence during the project. Your capital covers the project and its costs only. If you move to Spain, your own living costs are separate from your investment.
Are there any other fees?
No. Our only income is 50% of the net profit. You pay the bank and transfer costs of moving your capital; all other costs are part of the project budget and are deducted before the profit is calculated.
How is my capital documented?
We sign a contract with you that records the amount you transfer, the shares it represents, your option and its terms. You also receive monthly reports with every cost set against the budget.
Can I invest in US dollars?
Yes. Shares cost €/$ 5,000, from 20 shares (€/$ 100,000). Projects are run in euros in Spain, so dollars are converted when they are transferred. The exchange rate on that day, and on the way back, affects your result; we recommend discussing currency with your bank.
What if the home sells for less than planned?
In a Profit Partnership the profit is then smaller, or there may be none; Fixed Income stays at the rate in your contract. Every memo shows lower and downside scenarios, and the signed contract sets out how costs and any shortfall are treated.
What documents will I receive?
An investment memo before you decide, a contract to review with your own lawyer, monthly reports during the project, and final accounts after the sale.
Ready to see the numbers?
Book a consultation and we will walk you through a memo, line by line.