{"id":16673,"date":"2024-10-15T15:58:54","date_gmt":"2024-10-15T13:58:54","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/cadiz-la-caleta\/"},"modified":"2025-03-13T17:44:28","modified_gmt":"2025-03-13T16:44:28","slug":"cadiz-la-caleta","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/cadiz-la-caleta\/","title":{"rendered":"C\u00e1diz-La Caleta"},"content":{"rendered":"\n

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 CNMV<\/strong> as a Participatory Financing Service Provider, registered in the registry under number 9, with a favorable proposal from the Bank of Spain<\/strong>.<\/p>\n\n\n\n

Investor, before making your investment, please read the basic information for the investor client<\/a>, as well as the pre-contractual reflection period for inexperienced investors.<\/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 finance, it is hereby informed that <\/em>partners, managers and employees of wecity<\/em><\/a> may invest in this opportunity .<\/em> 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

The investment<\/h2>\n\n\n\n
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  • Purpose of the loan:<\/strong> Acquisition of the building located at Calle Jos\u00e9 Cubiles, 40, C\u00e1diz.<\/li>\n\n\n\n
  • Type: <\/strong>Fixed-rate loan.<\/li>\n\n\n\n
  • Guarantee:<\/strong> 1st degree mortgage.<\/li>\n\n\n\n
  • Term:<\/strong> 6 months (+3 months possible extension).<\/li>\n\n\n\n
  • Obligatory compliance: <\/strong>3 months.<\/li>\n\n\n\n
  • Interest rate:<\/strong> 11% per annum.<\/li>\n\n\n\n
  • Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n
  • ECO appraisal:<\/strong> \u20ac2,024,998 \u20ac2,024,998 | current LTV:<\/strong> 25.93%.<\/li>\n\n\n\n
  • Contributions:<\/strong>\n
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    • Wecity loan:<\/strong> 525,000 \u20ac.<\/li>\n\n\n\n
    • Developer: <\/strong>248,758.45 \u20ac.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
    • Minimum investment:<\/strong> 500 \u20ac.<\/li>\n\n\n\n
    • Maximum investment<\/strong>: 5.000\u20ac<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n

      The developer Marcaris Patrimonial, S.L<\/strong>, is requesting financing through WECITY to finance the acquisition <\/strong>costs of a building located at Calle Jos\u00e9 Cubiles, 40, C\u00e1diz<\/strong>.<\/p>\n\n\n\n

      The building has a plot area of 401m2 and <\/sup>a constructed area of 1,075<\/strong>m2 .<\/strong><\/sup> The developer has already applied for a building permit for the development of 18 one- and two-bedroom dwellings and 2 commercial premises.<\/p>\n\n\n\n

      The project will be financed through a fixed-rate mortgage loan of \u20ac525,000, which will be secured by a grade<\/strong> 1 mortgage guarantee.<\/strong><\/p>\n\n\n\n

      248,758.45<\/strong> (32.15%), which has been or will be used for the acquisition of the land and payment of technical and legal costs.<\/p>\n\n\n\n

      It is estimated that the repayment of the loan<\/strong> to wecity’s investors will take place with the sale of the entire building once the building permit is obtained.<\/p>\n\n\n\n

      Ronda Properties<\/strong> is the delegated developer of the project, and the developer company is Marcaris Patrimonial SL. Through wecity you can participate in a fixed rate loan<\/strong> operation with an annual interest rate of 11% for an estimated term of 6 months<\/strong> (3 months of obligatory compliance) with apossibility of extension of 3 additional months.<\/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

      With a minimum investment of 500 \u20ac<\/strong>, you can participate in this opportunity with an excellent profitability and with the maximum guarantees. The estimated total return is 5.5% for 6 months or 8.75% if the final term is 9 months including extension.<\/p>\n\n\n\n

      The project<\/h2>\n\n\n\n
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      Location and environment<\/h2>\n\n\n\n