{"id":17936,"date":"2025-01-21T11:55:11","date_gmt":"2025-01-21T10:55:11","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/cadiz-jerez-de-la-frontera\/"},"modified":"2025-03-13T13:56:32","modified_gmt":"2025-03-13T12:56:32","slug":"cadiz-jerez-de-la-frontera","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/cadiz-jerez-de-la-frontera\/","title":{"rendered":"C\u00e1diz-Jerez de la Frontera"},"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 equity finance 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 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\/\" target=\"_blank\" rel=\"noreferrer noopener\">basic information for the investor client<\/a>, as well as the <a href=\"https:\/\/www.wecity.com\/en\/basic-information-for-the-investing-client\/#periodo_reflexi%C3%B3n\">pre-contractual cooling-off 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 October 7, 2020 on European providers of equity financing, we hereby inform you that <a href=\"https:\/\/www.wecity.com\/en\/team\/\" target=\"_blank\" rel=\"noreferrer noopener\">partners, managers and employees of wecity<\/a> may invest in this opportunity. These investments will be made on the same terms 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 finance construction and technical costs.<\/li>\n\n\n\n<li><strong>Type: <\/strong>Fixed-rate loan.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong> 1st degree mortgage collateral.<\/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> 11.50% per annum.<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Tasaci\u00f3n actual <strong>(ECO)<\/strong>:<\/strong> 507.099,51 \u20ac <strong>| LTV actual: <\/strong>118,32%<\/li>\n\n\n\n<li><strong>ECO valuation <\/strong>(HET)<strong>:<\/strong> 2,190,295.15 \u20ac<strong>: LTV HET: <\/strong>63.92%.<\/li>\n\n\n\n<li><strong>First drawdown: <\/strong>280,837.33 \u20ac<strong> | LTV 1st drawdown: <\/strong>55.38% \u20ac<strong> 1, <\/strong>837.33<\/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><ul><li><strong>Cooperative members:<\/strong> 591,000 \u20ac (29.55%)<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>Wecity loan phase I:<\/strong> 600,000 \u20ac.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Minimum investment:<\/strong> 500 \u20ac.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>The cooperative <strong>ARC\u00c1NGEL SAN MIGUEL S. COOP<\/strong>, managed by <strong>Villalar Gestora,<\/strong> requests through wecity the funds to finance the technical and construction costs of the promotion of a building of 14 houses located in Azufre Street, <strong>Jerez de la Frontera<\/strong>.<\/p>\n\n\n\n<p>The site has an area of 964<sup>m2<\/sup> on which the project will be developed with <strong>738 <\/strong><strong>m2<\/strong> of land.<strong><sup>2<\/sup><\/strong><strong> <\/strong><strong>built<\/strong> above ground and 660<sup>m2<\/sup> below ground. The development consists of 13 one-bedroom apartments of 45-50<sup>m2<\/sup> built and 1 three-bedroom apartment of 90 m2 built, all of them with terrace. In addition, the project has 23 parking spaces, 23 storage rooms and landscaped areas with swimming pool.    <\/p>\n\n\n\n<p>The<strong> building permit has already been granted<\/strong> and <strong>construction began in December 2024<\/strong>, and is at 4.28% completion. They are currently in the earthwork and foundation phase. At the <strong>commercial level<\/strong>, <strong>100%<\/strong> of the homes have been awarded<strong>(14 out of 14 units<\/strong>) and each cooperative member has made down payments of over \u20ac42,000 per home.  <\/p>\n\n\n\n<p>The project will be financed through a <strong>mortgage loan for an amount of \u20ac1,400,000 at a fixed rate, which will have a first degree mortgage guarantee, <\/strong>activating a <strong>first phase <\/strong>of the same for an amount of <strong>\u20ac600,000<\/strong> (possibility of an additional phase of \u20ac800,000).<\/p>\n\n\n\n<p><strong>The cooperative has contributed its own funds in the amount of 591,000 \u20ac,<\/strong> which have been used for the acquisition of the asset, payment of technical costs and construction work.<\/p>\n\n\n\n<p>The <strong>exit of the investors <\/strong>from wecity occurs with the delivery of the houses to the cooperative members, once the First Occupancy License is obtained.<\/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 11.50% for an estimated term of 12 months<\/strong> (6 months mandatory) with the possibility of extending for an additional 6 months<strong> <\/strong>.<\/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<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=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_01-1024x606.jpg\" alt=\"\" class=\"wp-image-17908\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_01-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_01-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_01-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_01.jpg 1287w\" 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=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_00-1024x606.jpg\" alt=\"\" class=\"wp-image-17921\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_00-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_00-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_00-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_00.jpg 1287w\" 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=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_02-1-1024x606.jpg\" alt=\"\" class=\"wp-image-17916\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_02-1-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_02-1-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_02-1-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_02-1.jpg 1287w\" 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=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_03-1024x606.jpg\" alt=\"\" class=\"wp-image-17925\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_03-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_03-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_03-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/01\/wecity_imag_inversion_Cadiz-Jerez-de-la-Frontera_03.jpg 1287w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Location and surroundings<\/h2>\n\n\n\n<iframe src=\"https:\/\/www.google.com\/maps\/embed?pb=!1m14!1m12!1m3!1d1056.8347735283821!2d-6.1117316744248225!3d36.70084985788845!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!5e1!3m2!1ses!2ses!4v1737457055798!5m2!1ses!2ses\" width=\"800\" height=\"600\" style=\"border:0;\" allowfullscreen=\"\" loading=\"lazy\" referrerpolicy=\"no-referrer-when-downgrade\"><\/iframe>\n\n\n\n<p><strong>Jerez de la Frontera<\/strong>, in the province of Cadiz, is a strategic destination for real estate investment thanks to its privileged location, connectivity and rich cultural offer. The city combines competitive prices with a growing market, offering opportunities in residential housing, second homes and commercial premises. Its fame as the birthplace of sherry and its growing tourism drive the demand for tourist accommodation. In addition, its proximity to the Costa de la Luz and urban regeneration projects reinforce its attractiveness as an ideal investment location.   <\/p>\n\n\n\n<p>In the vicinity of Calle Azufre 15, there are services that increase the interest of the area. The CEIP El Membrillar, the University Hospital of Jerez guarantees access to quality medical services. The historic center, only 3 kilometers away, offers cultural and leisure activities. Nearby bus stops facilitate mobility, making this area an area with great real estate potential.   <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">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 Calle Azufre, 15, Jerez de la Frontera, C\u00e1diz.<\/p>\n\n\n\n<p>According to the appraisal report prepared by <strong>GESVALT<\/strong>, the current appraisal amounts to \u20ac507,099.51. The loan to be made to the developer is \u20ac591,000, which means a Loan to Value (LTV) over the current appraisal of 118.32%. <\/p>\n\n\n\n<p>The HET value of the asset is \u20ac2,190,295.15, and the total of the 2 phases of the loan amounts to \u20ac1,400,000, which implies a LTV HET of 63.92%.<\/p>\n\n\n\n<p>Finally, the first drawdown of the loan is \u20ac280,837.33, which represents a first drawdown LTV of 55.38%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Collateral agent<\/h2>\n\n\n\n<p>The constitution, conservation, management, administration and, if applicable, enforcement of the pledge on behalf of wecity&#8217;s investors shall be carried out by an entity external to wecity.<\/p>\n\n\n\n<p>In this case, the designated Collateral Agent will be the one indicated in the Fundamental Data Sheet of the investment.<\/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 equity financing 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\/\" target=\"_blank\" rel=\"noreferrer noopener\">description of the credit rating method<\/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.\nThe 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":17784,"template":"","class_list":["post-17936","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/17936","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\/17784"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=17936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}