{"id":18018,"date":"2025-02-12T10:03:36","date_gmt":"2025-02-12T09:03:36","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/barcelona-teia-ii\/"},"modified":"2025-03-13T13:51:19","modified_gmt":"2025-03-13T12:51:19","slug":"barcelona-teia-ii","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/barcelona-teia-ii\/","title":{"rendered":"Barcelona-Tei\u00e0 II"},"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 the costs of carrying out the work.<\/li>\n\n\n\n<li><strong>Type: <\/strong>Fixed rate loan.<\/li>\n\n\n\n<li><strong>Security:<\/strong> First mortgage.<\/li>\n\n\n\n<li><strong>Term:<\/strong> 8 months (+6 months possible extension).<\/li>\n\n\n\n<li><strong>Required compliance: <\/strong>6 months.<\/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>Current appraisal (ECO):<\/strong> 2,002,554.13 \u20ac | Current LTV: 79.89% ECO valuation (HET): 4,203,896 \u20ac<\/li>\n\n\n\n<li><strong>Current valuation (ECO):<\/strong> 2,002,554.13 \u20ac <strong>| Current LTV: <\/strong>79.89%<\/li>\n\n\n\n<li><strong>Valuation ECO <\/strong>(HET)<strong>:<\/strong> 4,203,896.94 \u20ac<strong> | LTV HET: <\/strong>38.06%<\/li>\n\n\n\n<li><strong>First drawdown: <\/strong>1,085,132.20 \u20ac<strong> | LTV 1st drawdown: <\/strong>54.19%<\/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>Wecity loan<\/strong> <strong>Phase II<\/strong>: \u20ac800,000<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>Developer:<\/strong> 1,354,468.74 \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> 500 \u20ac during the first hour.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>The investment opportunity consists of financing part of the costs of <strong>building a luxury villa in Tei\u00e0, Barcelona<\/strong>. The construction work has already started and is currently 53.05% complete.<\/p>\n\n\n\n<p>The plot of land measures 800 m2 and the villa will have a floor area of 610 m2. The villa will have 5 bedrooms, a garden and a private swimming pool, as well as spectacular sea views and being built using top quality materials. The villa is currently in the marketing phase and is priced at \u20ac4,900,000.<\/p>\n\n\n\n<p>This <strong>loan amount<\/strong> corresponds to <strong>Phase II<\/strong> of a total loan of \u20ac1,600,000,of which Phase I (\u20ac800,000) has already been successfully financed.<\/p>\n\n\n\n<p>The amount ofthe Phase II<strong> loan will <\/strong>be \u20ac<strong>800,000 at a fixed rate and will have a mortgage guarantee of 1<sup>st degree1<\/sup>.<\/strong><\/p>\n\n\n\n<p>The developer has contributed equity to date amounting to <strong>1,354,468.74 \u20ac<\/strong> (62.87%), of which 824,825 \u20ac has been used for the acquisition of the land and 529,643.74 \u20ac for the construction work. The construction costs will be jointly borne by wecity and the developer.<\/p>\n\n\n\n<p>It is estimated that the <strong>repayment of the loan<\/strong> to wecity investors, and therefore their <strong>exit<\/strong>, will take place with the <strong>sale of the property.<\/strong><\/p>\n\n\n\n<p><strong>Tailor&amp;Bau<\/strong> is the delegated developer of the project, and the development company is Prosperity Grounds, S.L.<\/p>\n\n\n\n<p>Through wecity you can participate in a <strong>fixed-rate loan operation with an<\/strong> annual <strong>interest rate of 11% over an estimated period of 8 months<\/strong> (6 mandatory) with the possibility<strong> of an <\/strong>extension for an additional 6 months.<\/p>\n\n\n\n<p>The payment of interest plus the return of the invested capital will be made<strong> at maturity<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:24px\">The project<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"1716\" height=\"1016\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_02-1.jpg\" alt=\"\" class=\"wp-image-16095\" style=\"width:809px;height:auto\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_02-1.jpg 1716w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_02-1-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_02-1-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_02-1-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_02-1-1536x909.jpg 1536w\" sizes=\"(max-width: 1716px) 100vw, 1716px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"1716\" height=\"1016\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_01-1.jpg\" alt=\"\" class=\"wp-image-16091\" style=\"width:809px;height:auto\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_01-1.jpg 1716w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_01-1-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_01-1-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_01-1-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_01-1-1536x909.jpg 1536w\" sizes=\"(max-width: 1716px) 100vw, 1716px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"1716\" height=\"1016\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_04.jpg\" alt=\"\" class=\"wp-image-16073\" style=\"width:809px;height:auto\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_04.jpg 1716w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_04-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_04-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_04-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_04-1536x909.jpg 1536w\" sizes=\"(max-width: 1716px) 100vw, 1716px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"1716\" height=\"1016\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_05.jpg\" alt=\"\" class=\"wp-image-16077\" style=\"width:809px;height:auto\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_05.jpg 1716w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_05-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_05-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_05-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/09\/wecity_imag_inversion_Barcelona-Teia_05-1536x909.jpg 1536w\" sizes=\"(max-width: 1716px) 100vw, 1716px\" \/><\/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=!1m18!1m12!1m3!1d2754.9039225235592!2d2.3285118757704484!3d41.49624837128618!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x12a4b0cd6be6e3af%3A0xe808d9b69c35ea9e!2sCarrer%20Ramon%20Llull%2C%207%2C%2008329%20Tei%C3%A0%2C%20Barcelona!5e1!3m2!1ses!2ses!4v1727697718827!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>Tei\u00e0<\/strong> is the most exclusive residential neighborhood on the coast of <strong>Barcelona<\/strong>, located in the Maresme region of Catalonia, along the Mediterranean coast. This charming town is known for its peaceful atmosphere and rich history, although its modern development has been strongly linked to agricultural and wine-making activity.<\/p>\n\n\n\n<p>The municipality has an attractive <strong>historic center and a series of nature trails <\/strong>that are popular with residents and visitors alike. Today, it is a town that combines tradition and modernity, with an active cultural life and a growing range of services and shops.<\/p>\n\n\n\n<p>The house is located at the top of the village, known for its impressive views of the hillside and the sea. Tei\u00e0 is more than a place to live; it is a refuge where nature and tranquility meet, offering a perfect environment for those seeking a balance between modern life and the serenity of the natural environment.<\/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 first mortgage on the asset located at Carrer Ram\u00f3n Llull 7, Tei\u00e0, Barcelona.<\/p>\n\n\n\n<p>According to the report by <strong>SOCIEDAD DE TASACI\u00d3N<\/strong>, the current valuation amounts to \u20ac2,002,554.13. The loan to be made to the developer is \u20ac800,000, which together with the amount financed in the first phase (\u20ac800,000) represents a Loan to Value (LTV) on the current valuation of 79.89%.<\/p>\n\n\n\n<p>The HET value of the asset is \u20ac4,203,896.94, and the total of the 2 phases of the loan amounts to \u20ac1,600,000, which represents an HET LTV of 38.06%.<\/p>\n\n\n\n<p>Finally, the first drawdown on the loan is for \u20ac1,085,132.20, which means an LTV of 54.19% for the first drawdown.<\/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":16065,"template":"","class_list":["post-18018","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/18018","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\/16065"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=18018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}