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Case study

Vivantia Homes: $3.7M in sales attributed to campaigns

Premium residential developments in Spain, Colombia and the United States. Fifteen months of Google Ads campaigns measured not on leads but on signed contracts, verified against the developer’s own owner records.

$3.7M+

In property sales attributed to campaigns

50x

Blended ROAS across all markets

19

Buyers closed through digital campaigns

Google Ads campaigns run by the team behind 22Labs for Vivantia Homes between June 2024 and September 2025. Attribution verified against the developer’s owner records. Trade-fair sales excluded.

The brief

Two developments — Oasis Lake and Oasis Bay — targeting international buyers across several markets at once. The commercial question was not how many enquiries the campaigns could produce, but which markets were worth funding at all. Answering that required connecting ad spend to contracts that close offline, months after the click.

What we did

Campaigns were structured by market so budget could be judged on attributed revenue rather than on cost per lead, and every closed sale was traced back to its originating click through the developer’s owner records.

  • Market-level campaign structure across six countries
  • Sale-level attribution matched against owner records, not platform-reported conversions
  • Budget reallocated toward markets producing signed contracts
  • Markets that produced enquiries but no sales were cut rather than optimised

What the numbers showed

Spain accounted for 87% of attributed sales at a return of roughly 130x, while three of the six markets ran campaigns without producing a single contract. Trade-fair sales were excluded from the totals — attributing them to digital campaigns would have inflated the result by $198,000 and made the whole figure indefensible.

Frequently asked questions

Is a 50x ROAS realistic in real estate?

In high-ticket property it is arithmetic rather than an outlier: a single unit can be worth two hundred thousand dollars against an advertising cost measured in hundreds. The figure is only meaningful because it is attributed to signed contracts and excludes sales that came from other channels.

Why were trade-fair sales excluded?

Because they were not produced by the campaigns. Including them would have added $198,000 to the total and made every other number in this case study easier to dismiss.

What happened in the markets that did not convert?

Argentina, Chile and Puerto Rico generated enquiries but no signed contracts in the period. Spend was withdrawn rather than optimised — with sale-level attribution that decision takes weeks instead of quarters.

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