{"id":13238,"date":"2024-04-10T17:27:12","date_gmt":"2024-04-10T15:27:12","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/porto-gaia\/"},"modified":"2024-05-08T15:35:32","modified_gmt":"2024-05-08T13:35:32","slug":"porto-gaia","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/porto-gaia\/","title":{"rendered":"Porto-Gaia"},"content":{"rendered":"\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

Descobert Unanime LDA<\/strong><\/strong><\/strong><\/strong>,<\/strong> requests financing from wecity for this investment opportunity. Investor, before making your investment please read the basic information for the investor client<\/a>. <\/p>\n\n\n\n

Skin in the game: <\/strong>“In compliance with Article 8.2 of Regulation (EU) 2020\/1503 of the European Parliament and of the Council of 7 October 2020 on European providers of equity financing, we hereby inform you that partners, managers and employees of wecity may invest in this opportunity.<\/a> These investments will be made under the same conditions as those of other investors without receiving preferential treatment or privileged access to information.”<\/em><\/p>\n\n\n\n

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

It consists of a fixed-rate loan with a 1st degree mortgage guarantee of \u20ac1,000,000<\/strong>, corresponding to PHASE I of a total loan, which may amount to a maximum of \u20ac2,500,000 in 3 phases<\/strong>. The aim is to finance the completion of works (currently 40% complete) on a residential development located at Rua do Centro de Sa\u00fade LT 20, Vila Nova de Gaia, Portugal.<\/p>\n\n\n\n

The plot has an area of approximately 1,435 m2<\/sup>, with a total gross construction area of 4,177m2<\/sup><\/strong>, of which 3,544m2<\/sup> is above ground. The development comprises a total of 28 apartments<\/strong>, ranging from 1 to 3 bedrooms, with areas between 53m2<\/sup> and 155m2<\/sup>. The pre-sale level is 75% (21 of the 28 apartments have been sold with a signed promissory contract. The developer has already matched the project with \u20ac1,313,388 in own funds and \u20ac827,722 in payments on account already made by the buyers, bringing the total to \u20ac2,141,110. These amounts, together with the \u20ac2,500,000 requested from wecity investors and future advances from buyers, make up a total of \u20ac5,882,570 needed for the
development of the promotion.<\/p>\n\n\n\n

Through WECITY, you can participate in a fixed-rate loan operation with an annual interest rate of 12,25% for an estimated term of 18 months<\/strong> (6 months mandatory) with the possibility of an extension of a further 6 months. The estimated total return is 18,37% over 18 months<\/strong> (or 24,50% if the final term is extended by 6 months).<\/p>\n\n\n\n

The payment of interest + the return of the capital invested will be made on maturity<\/strong> and our exit will take place with the delivery of the apartments to the buyers after the granting of the housing license and the respective final deeds of sale.<\/p>\n\n\n\n

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Investment keys<\/strong><\/p>\n\n\n\n