{"id":17091,"date":"2024-11-11T14:24:31","date_gmt":"2024-11-11T13:24:31","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/oporto-boavista\/"},"modified":"2025-03-13T16:48:29","modified_gmt":"2025-03-13T15:48:29","slug":"oporto-boavista","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/oporto-boavista\/","title":{"rendered":"Oporto-Boavista"},"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> To cancel a mortgage debt with a bank, Banco L. J. Carregosa, S.A., and to finance the final phase of construction.<\/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> 12 months (+ 6 months possible extension).<\/li>\n\n\n\n<li><strong>Interest rate:<\/strong> 13% per annum<\/li>\n\n\n\n<li><strong>Progress of works:<\/strong> 90%.<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity<\/li>\n\n\n\n<li><strong>Estimated sale value: <\/strong>4.472.000\u20ac (current LTV: 44,72%).<\/li>\n\n\n\n<li><strong>First drawdown: <\/strong>\u20ac1,822,020 <strong>| LTV 1st drawdown:<\/strong> 40,74% <strong>.<\/strong><\/li>\n\n\n\n<li><strong>Rating:&nbsp;<\/strong><a href=\"https:\/\/www.wecity.com\/en\/risk-assessment-model\/\">A<\/a><\/li>\n\n\n\n<li><strong>Contributions:<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Wecity loan:<\/strong> \u20ac2,000,000.<\/li>\n\n\n\n<li><strong>Promoter:<\/strong> \u20ac1,261,670.<\/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>CM3 Invest<\/strong> is requesting financing through wecity to cancel a mortgage debt with a bank, Banco L. J. Carregosa, S.A., and complete the construction of five villas located at Rua Engenheiro Ant\u00f3nio de Almeida 78 Ramalde, Oporto.<\/p>\n\n\n\n<p>The plot has an approximate area of 1,445 m2, with a total gross construction area of 1,356 m2, divided into 3 floors above ground and 1 below ground, with each dwelling having 226 m2. The constructed area of each dwelling is 466.2 m2. So far, <strong>90% of the work<\/strong> has been certified as <strong>completed<\/strong>.<\/p>\n\n\n\n<p>The project will be financed through a<strong> fixed-rate mortgage loan of \u20ac2,000,000, which will be secured by a first mortgage guarantee<\/strong>.<\/p>\n\n\n\n<p><strong>1,261,670<\/strong> (38.68%), which has been used for the acquisition of the land, construction, technical, legal and legal fees.<\/p>\n\n\n\n<p><strong>It is estimated that the repayment of the loan to the wecity investors will take place with the sale and delivery of the five homes to the end buyers.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The project<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"858\" height=\"508\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/oportunidad1.jpeg\" alt=\"\" class=\"wp-image-17076\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/oportunidad1.jpeg 858w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/oportunidad1-300x178.jpeg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/oportunidad1-768x455.jpeg 768w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"858\" height=\"508\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/2.jpg\" alt=\"\" class=\"wp-image-17081\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/2.jpg 858w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/2-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/2-768x455.jpg 768w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"858\" height=\"508\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/3.jpg\" alt=\"\" class=\"wp-image-17085\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/3.jpg 858w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/3-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/11\/3-768x455.jpg 768w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/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!1d2816.020404102192!2d-8.64359842418456!3d41.16169497132927!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd24659ed658a865%3A0x6797b357a5b6488!2sR.%20Eng.%20Ant%C3%B3nio%20de%20Almeida%2078%2C%20Porto%2C%20Portugal!5e1!3m2!1ses!2ses!4v1731331655977!5m2!1ses!2ses\" width=\"800\" height=\"600\" style=\"border:0;\" allowfullscreen=\"\" loading=\"lazy\" referrerpolicy=\"no-referrer-when-downgrade\"><\/iframe>\n\n\n\n<p>The Ramalde neighborhood in <strong>Porto<\/strong> is an expanding residential area that combines modern buildings with a variety of commercial spaces. Its location stands out for its proximity to key services such as the NorteShopping shopping center, the CUF Porto Hospital and the Parque da Cidade, the largest urban park in Portugal. It also offers excellent public transport connections, such as the Casa da M\u00fasica metro station, and is close to the University Center of the Universidade do Porto. The proximity to the Est\u00e1dio do Bessa, the Bom Sucesso Market and ample green and sports areas makes this neighborhood an attractive option for both living and investment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mortgage collateral and appraisal<\/h2>\n\n\n\n<p>The financing will be secured by a 1st degree mortgage on the land and all construction already completed on five of the six villas in the development, located at Rua Engenheiro Ant\u00f3nio de Almeida 78 Ramalde, Porto.<\/p>\n\n\n\n<p>According to the market study carried out by ERA Imobili\u00e1ria, the estimated selling price of each villa is 991,828 \u20ac. As a result, the 5 villas would have a total value of 4.472.000\u20ac. The financing to be provided to the developer is 2.000.000\u20ac, which means a Loan to Value (LTV) on the current appraisal of 44,72% and a Loan to Value of the 1st sale of 40,74%.<\/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 shall be carried out by an entity external to wecity.<\/p>\n\n\n\n<p>In this case, the appointed Collateral Agent will be the Collateral Agent of the key factsheet.<\/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":17060,"template":"","class_list":["post-17091","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/17091","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\/17060"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=17091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}