Congreso Park

Congreso Park

Early Stage

Luxury condo development that connects nature, vacation and art in Tulum, Mexico

Luxury condo development that connects nature, vacation and art in Tulum, Mexico

Overview

Raised to Date: Raised: $185,071

Total Commitments ($USD)

Platform

Republic

Start Date

11/23/2021

Close Date

01/31/2022

Min. Goal
$140,000
Max. Goal
$980,500
Min. Investment

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$100.00

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/05/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,722

# of Investors

227

Momentum
Funded
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Year Founded

2019

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Dover, Delaware

Business Type

Life Style

Congreso Park is raising funds on Republic. It is a brand new condominium building in the heart of Mexico City. The apartment complex has 45 apartments across six floors, with retail space on the ground floor and a common roof garden. The complex is being bought by Smart Vylon, a visionary home development company. Smart Vylon plans to lease Congreso Park units with an estimated 7% annual yield. Victor Rosales Aranda founded Smart Vylon in December 2019. The current crowdfunding campaign has a minimum target of $140,000 and a maximum target of $980,500. The campaign proceeds will be used for the acquisition of apartment units in Congreso Park.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$330,100

$0

Accounts Receivable

$0

$0

Total Assets

$330,100

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/23/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Congreso Park 01/30/2022 Republic - $185,071 Equity - Common Funded RegCF
Nectar Tulum 03/14/2021 Republic - $727,000 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Congreso Park on Republic 2021
Platform: Republic
Security Type: Equity - Common
Price per Share: $100.00

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