{"id":16395,"date":"2024-10-10T16:41:42","date_gmt":"2024-10-10T14:41:42","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/valencia-paterna-2\/"},"modified":"2025-03-13T17:49:00","modified_gmt":"2025-03-13T16:49:00","slug":"valencia-paterna-2","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/valencia-paterna-2\/","title":{"rendered":"Valencia-Llara Paterna"},"content":{"rendered":"\n<p>WECITY complies with the provisions of Regulation (EU) 2020\/1503 of the European Parliament and of the Council of 7 October 2020 on European providers of participative financing services for companies and Title V of Law 5\/2015 on the promotion of business financing as amended by Law 18\/2022 of 28 September on the creation and growth of companies. It is authorized by the <strong>CNMV<\/strong> as a Participatory Financing Service Provider, registered in the registry under number 9, with a favorable proposal from the <strong>Bank of Spain<\/strong>.<\/p>\n\n\n\n<p>Investor, before making your investment, please read the <a href=\"https:\/\/www.wecity.com\/en\/basic-information-for-the-investing-client\/\">basic information for the investor client<\/a>, as well as the <a href=\"https:\/\/www.wecity.com\/en\/basic-information-for-the-investing-client\/#cooling_off-period\">pre-contractual reflection period for inexperienced investors.<\/a><\/p>\n\n\n\n<p><strong>Skin in the game<\/strong>: <em>&#8220;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 finance, it is hereby informed that <\/em><a href=\"https:\/\/www.wecity.com\/en\/team\/\"><em>partners, managers and employees of wecity<\/em><\/a> <em>may invest in this opportunity .<\/em> <em>These investments will be made under the same conditions as those of other investors without receiving preferential treatment or privileged access to information.&#8221;<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The investment<\/h2>\n\n\n\n<div class=\"wp-block-group is-style-border-radius has-background\" style=\"background-color:#f5f7f6\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<ul class=\"wp-block-list\">\n<li><strong>Purpose of the loan:<\/strong> Cancellation of mortgage debt on the plot of land located at carrer de las Roses 23, Paterna (Valencia).<\/li>\n\n\n\n<li><strong>Type of loan: <\/strong>Fixed rate loan<\/li>\n\n\n\n<li><strong>Guarantee:<\/strong> 1st degree mortgage<\/li>\n\n\n\n<li><strong>Term:<\/strong> 3 months (+3 months possible extension)<\/li>\n\n\n\n<li><strong>Interest rate:<\/strong> 11% per annum<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity<\/li>\n\n\n\n<li><strong>ECO appraisal:<\/strong> 5,746,950.02 \u20ac | <strong>Current LTV:<\/strong> 36.02%.<\/li>\n\n\n\n<li><strong>ECO appraisal (HET):<\/strong> 14,292,300.67 \u20ac.<\/li>\n\n\n\n<li><strong>Rating:<\/strong> <a href=\"https:\/\/www.wecity.com\/en\/risk-assessment-model\/\">AA<\/a><\/li>\n\n\n\n<li><strong>Contributions:<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Wecity loan:<\/strong> 2.070.000 \u20ac.<\/li>\n\n\n\n<li><strong>Developer: <\/strong>1.280.000 \u20ac.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Minimum investment:<\/strong> 500 \u20ac.<\/li>\n\n\n\n<li><strong>Maximum investment<\/strong>: No investment limits<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>The developer <strong>Bolson Directorship, S.L, <\/strong>requests financing through <strong>wecity<\/strong> to cover the costs of cancellation of a mortgage debt with a fund in the amount of 1,864,713.25 \u20ac that falls on the plot located in carrer de las Roses, 23, Paterna (Valencia).<\/p>\n\n\n\n<p>The plot has an area of 1,100<sup>m2<\/sup> on which a building with a buildable area of 6,600<sup>m2 <\/sup>will be erected<sup>.<\/sup> The project has a building permit granted for the development of 52 homes of 2 and 3 bedrooms, all of them with terraces. In addition, it includes excellent common areas such as swimming pool and solarium. Currently, 53.85% of the homes have been marketed (28 of 52 units) with reserves of 3,000 euros for each of the buyers.<\/p>\n\n\n\n<p>The project will be financed through a <strong>fixed-rate mortgage loan in the amount of \u20ac2,070,000, which will be secured by a first-rate<\/strong> <strong>mortgage guarantee<\/strong> that will be used entirely to pay off the mortgage<sup><strong>.<\/strong><\/sup><\/p>\n\n\n\n<p><strong>1,280,000<\/strong> (38.21%), which has covered the acquisition, technical and legal costs, taxes, etc&#8230;<\/p>\n\n\n\n<p>It is estimated that the <strong>repayment of the loan<\/strong> to the investors of wecity will take place with the <strong>entry of the bank financing<\/strong>, once the pre-sales required by the bank are obtained.<strong>\u00danico Homes <\/strong>is the promoter of the project through the vehicle company \u201cBolson Directorship SL\u201d.<\/p>\n\n\n\n<p>Through wecity you can participate in a <strong>fixed rate loan<\/strong> operation with <strong>an annual interest rate of 11% in an estimated term of 3 months<\/strong> (3 of obligatory compliance) with apossibility of extension of 3 additional months.<\/p>\n\n\n\n<p>The payment of interest + the return of the invested capital will be made<strong> at maturity<\/strong>.<\/p>\n\n\n\n<p>With a minimum investment of <strong>500 \u20ac<\/strong>, you can participate in this opportunity with an excellent profitability and with the maximum guarantees. The estimated total return is 2.75% for 6 months or 5.5% if the final term is with the 3-month extension.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The project<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_01-1024x576.png\" alt=\"\" class=\"wp-image-16366\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_01-1024x576.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_01-300x169.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_01-768x432.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_01-1536x865.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_01-1200x675.png 1200w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_01.png 1716w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_02-1-1024x576.png\" alt=\"\" class=\"wp-image-16403\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_02-1-1024x576.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_02-1-300x169.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_02-1-768x432.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_02-1-1536x865.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_02-1-1200x675.png 1200w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_02-1.png 1716w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_03-1024x576.png\" alt=\"\" class=\"wp-image-16375\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_03-1024x576.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_03-300x169.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_03-768x432.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_03-1536x865.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_03-1200x675.png 1200w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/10\/wecity_imag_inversion_Valencia-Paterna_03.png 1716w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Location and environment<\/h2>\n\n\n\n<iframe src=\"https:\/\/www.google.com\/maps\/embed?pb=!1m18!1m12!1m3!1d3030.094632557845!2d-0.4534362885297554!3d39.51017027148132!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd605b879a60a5e3%3A0x762afb0cfa7d676c!2sC.%20Rosas%2C%2023%2C%2046980%20Paterna%2C%20Valencia!5e1!3m2!1ses!2ses!4v1728571338772!5m2!1ses!2ses\" width=\"800\" height=\"600\" style=\"border:0;\" allowfullscreen=\"\" loading=\"lazy\" referrerpolicy=\"no-referrer-when-downgrade\"><\/iframe>\n\n\n\n<p>Located just a few minutes from Valencia, Paterna is consolidating its position as a residential area in full growth. It offers a wide range of housing, from affordable apartments to villas in exclusive areas such as La Ca\u00f1ada, with large green areas and services nearby. Urban development, together with improvements in transportation and the proximity to the Technology Park, make it an attractive option for both families and investors. Its planned expansion and good connections to the city ensure a functional and future-proof environment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mortgage collateral and appraisal<\/h2>\n\n\n\n<p>The loan will be secured by a<sup>1st<\/sup> degree mortgage on the asset located at carrer de las Roses 23, Paterna, Valencia.<\/p>\n\n\n\n<p>According to the appraisal report made by <strong>TINSA<\/strong>, the current appraisal amounts to \u20ac5,746,950.02 and the HET appraisal amounts to \u20ac14,292,300.67. The loan to be made to the developer is \u20ac2,070,000.00, which means a Loan to Value (LTV) over the current appraisal of 36.02%.<br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Collateral agent<\/h2>\n\n\n\n<p>The constitution, preservation, management, administration and, if applicable, enforcement of the real estate mortgage rights on behalf of wecity investors will be carried out by an entity external to wecity.<\/p>\n\n\n\n<p><em>The Collateral Agent chosen for this project is<strong> Ceiba Global Alternative Investments SL<\/strong>, a company dedicated to the provision of fiduciary services by contract or mandate\u201d.<\/em><\/p>\n\n\n\n<p>Ceiba Global is a company owned by Ceiba Legal SL, a law firm specialized in alternative financing that provides services to several investment vehicles.<\/p>\n\n\n\n<p>In 2023, Ceiba Legal provided legal advisory services amounting to \u20ac150,000,000, formalizing and structuring more than \u20ac60,000,000 in alternative financing transactions.<\/p>\n\n\n\n<p>At present, it is one of the most recognized firms in the Spanish market in the structuring of secured debt transactions.<\/p>\n\n\n\n<p>Additionally, Ceiba provides legal advice to wecity throughout the life of the loan, from structuring to foreclosure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:24px\">Rating<\/h2>\n\n\n\n<p>wecity, as a provider of crowdfunding services and in compliance with Delegated Regulation (EU) 2024\/358 supplementing Regulation (EU) 2020\/1503 of the European Parliament and of the Council, provides a <a href=\"https:\/\/www.wecity.com\/en\/risk-assessment-model\/\">description of the method of credit rating<\/a><br>of the projects used to calculate the ratings. If the calculation is based on accounts that have not been audited, this shall be clearly stated in the description of the method.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Monitoring<\/h2>\n\n\n\n<p>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<p style=\"font-size:24px\"><\/p>\n","protected":false},"featured_media":16363,"template":"","class_list":["post-16395","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/16395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades"}],"about":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/types\/oportunidades"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media\/16363"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=16395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}