Urbanitae Direct Investments presents a new opportunity in new-build real estate in Barcelona: Kora Volta, a flex living project designed to generate recurring income with a fully passive structure for the investor.
This investment combines three key differentiators: above-market returns, full professional management, and protection against regulatory risk.
Invest from €205,000 in an asset designed to generate income
Kora Volta allows investors to acquire new-build apartments from €205,000, fully furnished and ready to operate within a professionally managed complex.
In addition, there are volume discounts:
- 3% discount when purchasing 2 units
- 5% discount when purchasing 3 or more
This enables investors seeking greater exposure to optimize their investment from the outset.
Target return of 7% net annually (4% guaranteed)
The income model is one of the most attractive features:
👉 Target return: 7% net annually
👉 Minimum guaranteed return: 4% net annually
This yield is significantly higher than the residential market average in the area, where returns typically range between 3% and 3.6%.
Moreover, the structure combines:
- Fixed income (4%), with periodic payments
- Variable income, linked to the performance of the complex
This allows investors to capture the upside of the asset while maintaining a stable income base.
100% passive investment with a professional operator
One of Kora Volta’s main differentiators is its operating model.
The asset is not rented out individually but as part of a single hotel-style complex, fully managed by a specialized operator:
- Marketing and dynamic pricing
- Reservation and occupancy management
- Cleaning, maintenance, and services
- Day-to-day operations
This results in a completely passive investment: the investor owns the asset but does not manage it.
The operator is Kategora, through its Kora Living brand, with extensive experience in flex living and hospitality assets across Europe.
Key advantage: recoverable VAT and lower regulatory risk
Unlike traditional residential properties, this asset offers two key structural advantages:
✔️ 100% recoverable VAT
Since the asset is used for a VAT-liable economic activity, the VAT paid on purchase can be reclaimed, significantly improving investment efficiency.
✔️ Outside residential rental regulations
The asset holds a hotel license, which means:
- It is not subject to Spain’s Urban Lease Act (LAU)
- It is not affected by rent control measures
- It has lower exposure to regulatory changes
In a context where rental regulations have tightened in Catalonia, this is particularly relevant.
Strategic location in Barcelona’s growth corridor
The project is located in Sant Adrià de Besòs, one of the most rapidly transforming areas in the Barcelona metropolitan region. Its proximity to the 22@ District, the city’s main technology hub, and to emerging growth areas such as Catalunya Media City and the Tres Chimeneas redevelopment enhances its appeal for professionals, companies, and temporary stays linked to corporate projects.
The area also combines proximity to the sea, quick access to central Barcelona, and excellent connectivity via Metro, TRAM, commuter trains, and major road networks. This balance of location, urban transformation, and professional demand makes Sant Adrià a location with strong growth and appreciation potential.
A differentiated product: next-generation flex living
The complex will include:
- 270 apartments
- More than 1,000 sqm of common areas
- Swimming pool, gym, and coworking spaces
- Spaces designed for temporary stays
- Sustainable certification and high energy efficiency
This is a product conceived as a residential and social hub, optimized to maximize occupancy and user experience.
An investment designed for income and appreciation
Kora Volta is not only focused on generating recurring income from operations. It also offers exposure to an expanding area where property prices have risen significantly in recent years and where ongoing urban transformation may continue to drive value.
The combination of new-build quality, professional management, structural demand, and strategic location supports an investment thesis with two drivers: recurring income from operations and medium-term capital appreciation potential.
A clear alternative to traditional rental
Traditional residential rentals currently offer lower yields, require active management by the owner, and are increasingly exposed to regulatory changes. Kora Volta offers a different approach: a hotel-use asset, managed by a specialized operator and focused on temporary stays, with a target return above the residential average.
This model allows investors to retain full ownership while delegating all operational responsibilities. Instead of dealing with tenants, maintenance, or pricing adjustments, investors participate in a professionally managed complex, generating passive income and benefiting from growing demand for flexible accommodation in Barcelona.
A differentiated opportunity within Direct Investments
Kora Volta is not a standard residential property. It is a real estate asset designed from the ground up for more efficient investing:
- Entry from €205,000
- Target return of 7%
- 4% guaranteed return
- Recoverable VAT
- 100% passive management
- Location in one of Barcelona’s main growth corridors
If you are looking for a real estate investment that combines returns, simplicity, and protection against the current environment, Kora Volta represents one of the most complete opportunities within Direct Investments.
