{"id":10069,"date":"2024-01-15T17:59:24","date_gmt":"2024-01-15T16:59:24","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/murcia-santa-rosalia\/"},"modified":"2025-03-13T13:36:48","modified_gmt":"2025-03-13T12:36:48","slug":"murcia-santa-rosalia","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/murcia-santa-rosalia\/","title":{"rendered":"Murcia-Santa Rosal\u00eda"},"content":{"rendered":"\n
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This opportunity will be financed under the Earlyfunding<\/strong> system. See here the conditions<\/a><\/p>\n<\/div><\/div>\n\n\n\n

WECITY complies with Law 5\/2015 and with Regulation<\/strong> (EU) 2020\/1503 of the European Parliament and of the Council<\/strong> of 7 October 2020 on European providers of crowdfunding services for companies. It is authorized by the CNMV<\/strong> as a Participatory Financing Platform registered under number 30<\/strong>, with a favorable proposal from the Bank of Spain<\/strong>.<\/p>\n\n\n\n

Orbesol Grupo Inmobiliario SL,<\/strong> requests financing from wecity for this investment opportunity.<\/p>\n\n\n\n

Investor, before making your investment please read the basic information for the investor client<\/a>. <\/p>\n\n\n\n

<\/div>\n\n\n\n

The investment<\/h2>\n\n\n\n

The investment opportunity consists of a loan with a 1st degree mortgage guarantee<\/strong>, destined to finance the construction costs of a development of 6 buildings in Avenida Manuel Frutos Llamazares, 7, in the Santa Rosal\u00eda sector, Torre Pacheco (Murcia)<\/strong>. The exit of the investors from wecity will take place with the delivery of the homes to the buyers, once the First Occupancy License is obtained.<\/p>\n\n\n\n

The plot has a buildable area of 7,695 m2<\/sup><\/strong>, where 6 buildings will be constructed with a total of 42 homes with parking space, storage room and common areas with swimming pool. Currently, 76% of the development has been sold, 32 of 42 units.<\/p>\n\n\n\n

The developer is providing its own funds in the amount of \u20ac800,000<\/strong> (13.84%) which, together with the \u20ac3,831,185 (67.27%) provided by the buyers and the \u20ac1,150,000 requested from the wecity investors, add up to a total of \u20ac5,781,185. The remaining funds to complete the funds necessary for the execution of the project will be provided by the buyers.<\/p>\n\n\n\n

The loan has a 1st degree Mortgage Guarantee on 2 of the 6 buildings<\/strong> of which the project is composed, blocks 5 and 6. The level of sales of these buildings is 57%, 8 out of 14 homes marketed, with contributions on behalf of the buyers of 1,162,133 \u20ac.<\/p>\n\n\n\n

Through wecity you can participate in a fixed-rate loan operation with an annual interest rate of 10% for an estimated term of 12 months (6 months mandatory) with the possibility of an extension of 3 additional months.<\/p>\n\n\n\n

With a minimum investment of 500 \u20ac, you can participate in this opportunity with an excellent profitability and with the maximum guarantees. The estimated total return is 10% for 12 months or 12.50% if the final term is with the 3-month extension.<\/p>\n\n\n\n

The payment of interest + the return of the invested capital will be made at maturity.<\/strong><\/p>\n\n\n\n

<\/div>\n\n\n\n

keys to opportunity<\/h2>\n\n\n\n
\n
    \n
  • Purpose of the loan:<\/strong> Construction costs of a real estate development of 42 homes in Santa Rosal\u00eda, Torre-Pacheco, Murcia.<\/li>\n\n\n\n
  • Guarantee: <\/strong>1st degree mortgage on blocks of apartments 5 and 6.<\/li>\n\n\n\n
  • Term: <\/strong>12 months (+ 3 months of possible extension).<\/li>\n\n\n\n
  • Interest rate:<\/strong> 10% per annum.<\/li>\n\n\n\n
  • Estimated total yield:<\/strong> 10%.<\/li>\n\n\n\n
  • Interest payment: <\/strong>at maturity.<\/li>\n\n\n\n
  • Current ECO appraisal:<\/strong> \u20ac1,777,247 (LTV: 65%).<\/li>\n\n\n\n
  • ECO HET appraisal: <\/strong>\u20ac4,548,739 (LTV HET: 25%).<\/li>\n\n\n\n
  • LTV 1st drawdown:<\/strong> 26%.<\/li>\n\n\n\n
  • Contributions:\n
      \n
    • Developer’s own funds:<\/strong> \u20ac800,000 (13.84%).<\/li>\n\n\n\n
    • Wecity investors:<\/strong> \u20ac1,150,000 (18.89%).<\/li>\n\n\n\n
    • Contributions on account of the buyers: 3,831,185 \u20ac (67.27%).<\/li>\n<\/ul>\n<\/li>\n\n\n\n
    • Minimum investment:<\/strong> 500 \u20ac.<\/li>\n\n\n\n
    • Maximum investment:<\/strong> No limits.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n
      <\/div>\n\n\n\n

      ECO Valuation<\/h2>\n\n\n\n

      The current valuation for mortgage guarantee purposes (ECO Order 805\/2003) of blocks 5 and 6 amounts to \u20ac1,777,247.<\/strong> This represents a Loan to Value (LTV) over the current appraisal of 65%.<\/p>\n\n\n\n

      The valuation on the assumption of a finished building for blocks 5 and 6 amounts to \u20ac4,548,739.<\/strong> This represents a Loan to Value (LTV) on HET appraisal of 25%.<\/p>\n\n\n\n

      The Loan to Value (LTV) on first disposal is 26%.<\/p>\n\n\n\n

      The independent appraiser in charge of identifying the value is ATVALOR, whose corporate name is Agrupaci\u00f3n T\u00e9cnica del Valor SA, and which is registered as an Approved Appraisal Company by the Bank of Spain under number 4633.<\/p>\n\n\n\n

      <\/div>\n\n\n\n

      The project<\/h2>\n\n\n\n

      The project consists of 6 buildings with a total of 42 homes with garage, storage room and common areas with swimming pool, located in Santa Rosal\u00eda, Torre-Pacheco, Murcia.<\/p>\n\n\n\n

      \"Inversi\u00f3n<\/figure>\n\n\n\n

      (You can see the rest of the plans in the Documents section)<\/p>\n\n\n\n

      \"Inversi\u00f3n<\/figure>\n\n\n\n
      \"Inversi\u00f3n<\/figure>\n\n\n\n
      \"Inversi\u00f3n<\/figure>\n\n\n\n
      \"Inversi\u00f3n<\/figure>\n\n\n\n
      <\/div>\n\n\n\n

      Location<\/h2>\n\n\n\n

      Torre Pacheco, Murcia.<\/strong> Manuel Frutos Llamazares Avenue, 7<\/p>\n\n\n\n

      The development has an excellent location in the new development of Santa Rosalia Resort,<\/strong> one of the best residential areas of Murcia, surrounded by multiple services and with unbeatable connections.<\/p>\n\n\n\n

      Just 7 minutes drive from Los Alcazares,<\/strong> a picturesque village on the shores of the Mar Menor known for its miles of golden sandy beaches and shallow waters, ideal for families and water sports enthusiasts.<\/p>\n\n\n\n

      \"\"<\/figure>\n\n\n\n
      <\/div>\n\n\n\n

      Guarantee agent<\/h2>\n\n\n\n

      The loan will be secured by a 1st degree mortgage<\/strong> on the building and the construction of blocks 5 and 6 of the development located at Avenida Manuel Frutos Llamazares, 7, Torre Pacheco, Murcia.<\/p>\n\n\n\n

      According to the appraisal report made by ATVALOR, the current appraisal amounts to \u20ac1,777,247. The loan to be made to the developer is \u20ac1,150,000 , which means a Loan to Value (LTV) on the current appraisal of 65% and a Loan to Value of 1st disposal of 26%.<\/p>\n\n\n\n

      The HET appraisal (Hypothetical finished building) amounts to \u20ac4,548,739, which represents a Loan to Value HET of 25%.<\/p>\n\n\n\n

      <\/div>\n\n\n\n

      Guarantee agent<\/h2>\n\n\n\n

      The constitution, preservation, management, administration and, if applicable, enforcement of the real estate mortgage rights on behalf of the investors will be carried out by an entity external to wecity.<\/p>\n\n\n\n

      In this case the designated Collateral Agent is BONDHOLDERS.<\/strong><\/p>\n\n\n\n

      Bondholders, is a professional company specialized mainly in providing independent commission agent and escrow services over different asset classes and under numerous international jurisdictions.<\/p>\n\n\n\n

      In recent years Bondholders has been mandated as agent and arranger in more than 400 transactions representing a total of nearly 200 billion euros in debt.<\/p>\n\n\n\n

      Its main clients include, among others, financial institutions, institutional clients, asset managers, sovereign government agencies.<\/p>\n\n\n\n

      Currently one of the leaders in Europe in providing independent fiduciary services.<\/strong><\/p>\n\n\n\n

      <\/div>\n\n\n\n

      Monitoring<\/h2>\n\n\n\n

      The promoter must justify the use of the funds in each of the applications. The use of the funds by the promoter will be monitored by a company external to wecity.<\/p>\n\n\n\n

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