📞 +34 614 637 814 (WhatsApp · VERA) ✉️ hola@kostelan.com Barcelona and metropolitan area 🌐 Español
Difficult assets · Smart investments
Barcelona and metropolitan area

We access where the market can't. You put up the capital to make it yours.

Off-market assets from fund portfolios that never reach the listing sites, at wholesale prices, with an unresolved legal situation that we take on and resolve. Without that access and that work, the margin wouldn't exist — that's why, of the net profit, half is yours.
From €50,000 co-investing with another investor.

3 minutes on WhatsApp · No commitment

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We access without competition
Through contacts and track record, at a price the market can't see
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You put up the capital
Signed in writing. We agree the specific structure with you in the meeting
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We resolve it
Judicial expertise: we study the case and resolve the situation
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We share the profit
You keep it at a discount or we sell it and you cash in
Complete solutions for demanding investors
What we do for you

Three things. And one goal: that you only have to decide.

Complete solutions for demanding investors. We identify, manage, transform and deliver value.

01 / Access

We give you access where others can't reach.

We select opportunities with real discounts and upside potential that rarely reach the traditional market.

02 / Full management

Forget about the problems.

Case investigation, negotiation with whoever lives in the property, legal situation, documentation and coordination. A single team handles everything.

03 / Tailored delivery

Receive it however you prefer.

  • Wait for it to be resolved.
  • Receive it free.
  • Receive it renovated and ready to monetise.
The difference

It's not the price. It's how you buy it.

The market for these assets is broken: opaque, with no reliable information and nobody to resolve the legal problem. That's where we come in.

The market today

  • «Investors only. No visits allowed.»
  • Bank portfolio sold “as is”. Good luck.
  • You buy the problem and you keep it. Nobody resolves it for you.
  • You go back to the portal every week looking for the same thing.
  • One deal a year, if you're lucky.

With Kostelan

  • Full dossier and transparent legal situation before you sign.
  • Structure tailored per deal: the specific way the purchase is set up is agreed with you in the meeting, with the real numbers.
  • Transparent advance. At the start, 10% of the property cost, against our share. The rest we only collect if there's a profit.
  • VERA notifies you on WhatsApp when product that fits you comes in.
  • You build a portfolio with product that matches your profile.
How the economics work

We don't charge to manage. We charge half of a value that didn't exist before.

It's the question every investor asks: why half? The answer is in where that margin comes from.

A typical deal, with numbers Illustrative example
Value of the property once resolved€150,000
Total cost for you (purchase + resolution costs)−€90,000
Net profit of the deal€60,000
Your 50%€30,000On €90,000 put in
Our 50%€30,000Of which €9,000 already collected as advance (10% of cost), and €21,000 at settlement
1

That margin wasn't there

Nobody sells something worth €150,000 for €90,000 out of generosity. It's sold that way because it carries a problem almost nobody knows how — or wants — to resolve. The day it's resolved, the value appears.

2

We only get paid if it appears

At the start we collect an advance of 10% of the property cost, against our share. The rest of our share comes from the real profit. If we don't resolve it, we don't collect the rest — and we've worked months for almost nothing.

3

You don't wait until the end

Every step the asset climbs —hearing with a date, signed agreement, free property— is worth more on the market. You can sell there without reaching the end of the process.

If you keep the property, your half is your discount on the real value; if it's sold, we split in cash.

And what nobody else will tell you

We don't control judicial timelines: a resolution expected in 12 months can slip to 18. That's why we ask how long you can hold the investment, and that's why the early exit exists. An investor who needs the money in 6 months shouldn't get into a T1, and we'll tell you so even if you have the capital.

* Example figures to explain the mechanism, not an offer or a forecast of results: each deal has its own numbers and is studied one by one. The resolution costs assumed by the investor go to the Administration and to third parties. The management advance, by default 10 % of the property cost, goes against Kostelan's share and is deducted from its final settlement, so the split of the net profit remains 50 %. Each deal is agreed and signed in writing (silent partnership contract, Arts. 239-243 of the Spanish Commercial Code).

A clear model

You put up the capital. Of the profit, half is yours.

No tiers, no partner types. One single model: your capital, our management, net profit split 50/50. The specific way the purchase is structured is tailored per deal and agreed with you in the meeting.

1

You put up the capital

You cover the purchase and the resolution costs. In cash, no mortgage. From €50,000 you can already get in co-investing with another investor.

2

We resolve

We locate the off-market asset, negotiate with the seller, run the judicial and notarial resolution and coordinate the exit. Months of specialised work.

3

Half of the profit

Of the net profit (sale or appraisal minus your costs), 50% for you and 50% for the house. Signed in writing before we start (silent partnership).

The specific legal structure —who holds title, how it's signed— is decided in the meeting, with the real numbers of the case.

* Each deal is agreed and signed in writing. None of these figures is an offer or a forecast of results.

Our criteria

Every case is studied. And not all are bought.

Before taking on an asset we investigate the situation and talk to the people living in the property. What we find decides whether we continue or not.

1

We investigate and talk

We don't buy anything without knowing who lives inside and why. Every situation has its story and we need to know it before deciding.

2

If they're the former owners, we stop

That property doesn't go into the portfolio or get sold to an investor. We work by every means so they can stay in their home.

3

We continue only if there's abuse

When the investigation detects someone gaming the system, then we do resolve the exit. It's the line we don't cross.

This filter also protects your investment: a poorly studied case drags on, gets complicated and costs money.
How it works

Three minutes for you. Opportunities forever.

No empty steps, no endless forms. The real route.

01

You talk to VERA on WhatsApp

Three minutes. No forms or emails. Just conversation — in Spanish, Catalan or English.

3 minutes
02

You tell us what you're looking for

Available capital, how long you can hold, experience and area. Your profile stays in our living database.

Profile registered
03

VERA notifies you of every opportunity

The ones that fit now, and every new one that comes in. On WhatsApp. Forever.

Forever
Start today

You put up the capital. We put in the work.

Talk to VERA on WhatsApp. In three minutes we'll know what fits you — available capital, holding capacity, area — and we'll notify you every time a new deal comes in that matches you.

💬 Talk to VERA on WhatsApp
+24,000
flats with special situations for sale
Idealista, 2025
30–50%
discount off market price
Industry sources
6–9m*
usual resolution timeline with Kostelan
* Indicative. Depends on the case and court
50%
of the net profit is the investor's
10% of cost, advance against our half
Profile registration

The best opportunities last days, not weeks.

Leave us your profile and VERA contacts you directly when an asset that fits appears — no intermediaries, no waiting lists.

  • No registration cost or commitment
  • Full dossier with real numbers before you decide
  • You say yes or no on each deal — no exclusivity
  • Access to T1–T5 assets according to your risk profile
  • Direct contact with the Kostelan team

Your data is processed in accordance with the GDPR. We only use your information to send you opportunities that fit your profile.

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