{"id":15973,"date":"2024-09-19T15:49:19","date_gmt":"2024-09-19T13:49:19","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/cadiz-sancti-petri\/"},"modified":"2025-03-13T18:05:49","modified_gmt":"2025-03-13T17:05:49","slug":"cadiz-sancti-petri","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/cadiz-sancti-petri\/","title":{"rendered":"C\u00e1diz-Sancti Petri"},"content":{"rendered":"\n

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

Zocalo y Zapata SL<\/strong>, requests financing from wecity for this investment opportunity. Investor, before making your investment please read the basic information for the investor client.<\/p>\n\n\n\n

Skin in the game: “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. These investments will be made under the same conditions as those of other investors without receiving preferential treatment or privileged access to information.”<\/p>\n\n\n\n

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

The investment opportunity consists of financing the acquisition<\/strong> costs of a house in Chiclana de la Frontera, C\u00e1diz<\/strong>, which will be demolished and on which 4 detached houses will be developed.<\/p>\n\n\n\n

The house has a plot area of 2,262m2 ,<\/sup> once demolished, 4 detached single-family houses of 141.35m2<\/sup> will be built on plots of 522.40m2.<\/sup> The future villas will have four bedrooms, garden and swimming pool. At the commercial level, 100% of the units have been reserved (4 of 4) with deliveries of 33,000 \u20ac per unit. The combined selling price of the 4 homes is \u20ac 2,520,000. The developer is preparing the Basic Project for the license and plot application.<\/p>\n\n\n\n

The project will be financed through a fixed rate mortgage loan with a<\/strong>1st<\/strong><\/sup> degree mortgage guarantee for an amount of \u20ac550,000, <\/strong>which will be used for the purchase of the asset.<\/strong><\/p>\n\n\n\n

431,238.20<\/strong> (43.94%), which will be used for the acquisition of the asset. The construction costs will be borne by the developer and the amounts committed by the purchasers throughout the project.<\/p>\n\n\n\n

Through wecity you can participate in a fixed-rate loan operation with an annual interest rate of 12% for an estimated term of 18 months<\/strong> (6 months mandatory) with the possibility of extending for an additional 6 months<\/strong>.<\/p>\n\n\n\n

The exit of the investors occurs with the delivery of the houses to the buyers.<\/p>\n\n\n\n

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

With a minimum investment of 500 \u20ac<\/strong>, you can participate in this opportunity with an excellent profitability and with the maximum guarantees. The total estimated profit is 18%<\/strong> for 18 months or 24%<\/strong> if the final term is with the 6 month extension.<\/p>\n\n\n\n

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

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  • Purpose of the loan:<\/strong> Acquisition of a home located at carretera de la Borrosa, 38, Chiclana de la Frontera (C\u00e1diz).<\/li>\n\n\n\n
  • Guarantee:<\/strong>1st<\/sup> degree mortgage.<\/li>\n\n\n\n
  • Term:<\/strong> 18 months (+6 months optional extension).<\/li>\n\n\n\n
  • Interest rate:<\/strong> 12% per annum.<\/li>\n\n\n\n
  • Estimated total yield:<\/strong> 18%.<\/li>\n\n\n\n
  • Interest payment:<\/strong> at maturity<\/li>\n\n\n\n
  • ECO appraisal:<\/strong> 1.197.746 \u20ac (current LTV:<\/strong> 45,91%)<\/li>\n\n\n\n
  • Reserves: <\/strong>\u20ac132,000<\/li>\n\n\n\n
  • Contributions:<\/strong>\n
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    • Wecity loan:<\/strong> \u20ac550,000.<\/li>\n\n\n\n
    • Developer’s equity:<\/strong> \u20ac431,238 (43.94%).<\/li>\n<\/ul>\n<\/li>\n\n\n\n
    • Minimum investment:<\/strong> 500 \u20ac.<\/li>\n\n\n\n
    • Maximum investment<\/strong>: \u20ac2,000.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n
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      ECO Valuation<\/h2>\n\n\n\n

      The current appraisal<\/strong> for mortgage guarantee purposes (ECO Order 805\/2003) amounts to \u20ac1,197,746.<\/strong> This represents a Loan to Value<\/strong> (LTV) over the current appraisal of 43.94%.<\/strong><\/p>\n\n\n\n

      The independent appraiser in charge of identifying the value is UVE VALORACIONES, whose corporate name is UVE Valoraciones SA, and is registered as an Appraisal Company approved by the Bank of Spain under number 4631.<\/strong><\/p>\n\n\n\n

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      The Project<\/h2>\n\n\n\n
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      Location<\/h2>\n\n\n\n

      The project is located in the exclusive area of Sancti Petri, in Chiclana de la Frontera, province of Cadiz, one of the most coveted areas of the Costa de la Luz.<\/strong> Its privileged location, just steps away from the stunning golden sandy beaches and the calm waters of the Atlantic, offers residents an unparalleled environment of natural beauty and serenity.<\/p>\n\n\n\n

      Surrounded by the landscapes of the Bay of Cadiz Natural Park <\/strong>and next to the Sancti Petri marina<\/strong>, this enclave provides a perfect combination of tranquility and comfort, ideal for those seeking a coastal retreat without sacrificing the best facilities. A few minutes drive away is the center of Chiclana, with its varied offer of restaurants, stores and high quality services.<\/p>\n\n\n\n

      Sancti Petri also offers close access to exclusive golf courses and beach clubs, making this area a privileged destination for lovers of sports and outdoor life. In addition, its excellent connection to cities such as Cadiz<\/strong> and Seville<\/strong> ensures a first class cultural and leisure offer, consolidating this location as one of the most attractive places to live or invest in the coast of Cadiz.<\/p>\n\n\n\n