Nectar Tulum

Nectar Tulum

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: $727,000

Total Commitments ($USD)

Platform

Republic

Start Date

11/08/2020

Close Date

03/15/2021

Min. Goal
$300,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$100.00

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2021

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

$5,770

# of Investors

1,072

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

Nectar Tulum, a luxury condo in Tulum, Mexico, is raising funds on Republic. It is a 150-unit luxury condominium development designed by EC Architects. The gated community allows visitors to experience the local culture and lifestyle while living amongst the locals. Nectar Tulum will be run by the Smart Vylon team, led by Victor Rosales Aranda and Olga Aranda Salas. The proceeds of the current crowdfunding campaign, with a minimum raise of $300,000 and a maximum raise of $1,070,000, will be used to purchase and furnish four two-bedroom units of Nectar Tulum from the developer. Nectar Tulum will be operated as a vacation rental property through Airbnb and VRBO. It has a variety of amenities, including a rooftop garden, an infinity pool, and a concierge.

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

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/08/2020
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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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Nectar Tulum on Republic
Platform: Republic
Security Type: Equity - Common
Price per Share: $100.00

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