{"id":18531,"date":"2025-03-18T13:19:29","date_gmt":"2025-03-18T12:19:29","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-guindalera\/"},"modified":"2025-03-21T09:32:32","modified_gmt":"2025-03-21T08:32:32","slug":"madrid-guindalera","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-guindalera\/","title":{"rendered":"Madrid-Guindalera"},"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\/\" 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, it is hereby informed that in this opportunity <a href=\"https:\/\/www.wecity.com\/en\/team\/\" target=\"_blank\" rel=\"noreferrer noopener\">partners, managers and employees of wecity<\/a> may invest. 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 finance acquisition and reform costs.<\/li>\n\n\n\n<li><strong>Type: <\/strong>Fixed rate loan.<\/li>\n\n\n\n<li><strong>Guarantee:<\/strong> 1st degree mortgage guarantee.<\/li>\n\n\n\n<li><strong>Term:<\/strong> 6 months (+3 months possible extension).<\/li>\n\n\n\n<li><strong>Obligatory compliance: <\/strong>3 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 valuation (ECO) Housing 1 C\/ Padilla 5, Floor 3: <\/strong>\u20ac427,432.80 <\/li>\n\n\n\n<li><strong>Current valuation (ECO) House 2 C\/ Cartagena 65, Floor 3:<\/strong> \u20ac361,611.07<\/li>\n\n\n\n<li><strong>Value<\/strong> <strong>of Total Valuation:<\/strong> \u20ac789,043.87 <strong>| Current Total LTV: <\/strong>70,34%.<\/li>\n\n\n\n<li><strong>First drawdown: <\/strong>\u20ac410,162.93 <strong>| LTV 1st drawdown: <\/strong>51,98%<\/li>\n\n\n\n<li><strong>Rating:<\/strong> <a href=\"https:\/\/www.wecity.com\/en\/risk-assessment-model\/\" target=\"_blank\" rel=\"noreferrer noopener\">A<\/a><\/li>\n\n\n\n<li><strong>Contributions:<\/strong><ul><li><strong>Wecity loan<\/strong>: \u20ac555,000<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>Developer:<\/strong> \u20ac471,114<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Minimum investment:<\/strong> \u20ac500<\/li>\n\n\n\n<li><strong>Maximum investment:<\/strong> \u20ac500 during the first hour.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>The developer <strong>VEGA STUDIO INTERIORISMO, SL<\/strong> is applying for funding through wecity to finance the acquisition and refurbishment costs of two apartments in Madrid, for subsequent sale.<\/p>\n\n\n\n<p>The properties have a total surface area of 115.17 m<sup>2<\/sup> and are located at 51 Padilla Street and 65 Cartagena Street respectively. One apartment has a surface area of 60 m<sup>2<\/sup> with two bedrooms and two bathrooms and the other apartment has a surface area of 55.17 m<sup>2<\/sup> with two bedrooms, one bathroom and a 28m<sup>2<\/sup> garage. <strong>Commercially speaking<\/strong>, the apartment located at 65 Cartagena Street has already been <strong>reserved<\/strong> <strong>(1 of 2).<\/strong><\/p>\n\n\n\n<p>As these are small-scale works, <strong>the building license is being processed by means of a responsible declaration<\/strong>, that is to say, the project does not require express authorization to be able to start the construction work.<\/p>\n\n\n\n<p>The project will be financed through a mortgage <strong>loan for the amount of \u20ac555,000 at a fixed rate, which will have a first-degree mortgage guarantee<\/strong> and will have a term of 6 months + 3 months of possible optional extension.<\/p>\n\n\n\n<p>The <strong>developer will contribute equity<\/strong> in the amount of <strong>\u20ac471,114<\/strong>, of which \u20ac423,828 will be contributed for the acquisition of the assets, and the remaining \u20ac47,286 will be contributed for the sale expenses.<\/p>\n\n\n\n<p>The repayment of the loan to wecity investors is planned with the sale of the two homes.<\/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% in an estimated period of 6 months<\/strong> (3 mandatory) with thepossibility of an extension of 3 additional 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\">Location and surroundings<\/h2>\n\n\n\n<iframe src=\"https:\/\/www.google.com\/maps\/embed?pb=!1m18!1m12!1m3!1d6073.964740864908!2d-3.677173326877915!3d40.43138927143711!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd4228b84d426e65%3A0x761daafae7b51589!2sC.%20de%20Padilla%2C%2051%2C%20Salamanca%2C%2028006%20Madrid!5e0!3m2!1ses!2ses!4v1742299091279!5m2!1ses!2ses\" width=\"800\" height=\"600\" style=\"border:0;\" allowfullscreen=\"\" loading=\"lazy\" referrerpolicy=\"no-referrer-when-downgrade\"><\/iframe>\n\n\n\n<iframe src=\"https:\/\/www.google.com\/maps\/embed?pb=!1m18!1m12!1m3!1d3036.7381433256714!2d-3.673226526877466!3d40.43679687143634!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd4228c858746dd5%3A0xc2cfa6dbbac37bd6!2sC.%20de%20Cartagena%2C%2065%2C%20Salamanca%2C%2028028%20Madrid!5e0!3m2!1ses!2ses!4v1742299108509!5m2!1ses!2ses\" width=\"800\" height=\"600\" style=\"border:0;\" allowfullscreen=\"\" loading=\"lazy\" referrerpolicy=\"no-referrer-when-downgrade\"><\/iframe>\n\n\n\n<p>Calle Padilla and Calle Cartagena are located in an exclusive area of <strong>Madrid,<\/strong> with high demand for real estate due to its excellent location and services. The area offers buildings of classical and modern architecture, with properties that are well valued on the market.<\/p>\n\n\n\n<p>It has excellent transport connections (Lista, Diego de Le\u00f3n, Manuel Becerra, Ventas) and a wide range of supermarkets, schools, health centers and shopping areas. In addition, it has prestigious restaurants and cultural spaces, making it an ideal option for living or investing.<\/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<sup> degree mortgage<\/sup> on the asset located at 51 Padilla Street and the asset located at 65 Cartagena Street, Madrid.<\/p>\n\n\n\n<p>According to the appraisal report carried out by <strong>TINSA<\/strong>, the current appraisal of the properties is as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Property 1 &#8211; Calle Padilla 51, 3rd floor: <strong>\u20ac427,432.80<\/strong><\/li>\n\n\n\n<li>Property 2 &#8211; Calle Cartagena 65, 3rd floor: <strong>\u20ac361,611.07<\/strong><\/li>\n<\/ul>\n\n\n\n<p>Therefore, the total current appraisal amounts to <strong>\u20ac789,043.87<\/strong>. The loan to be made to the developer is \u20ac555,000, which represents a Loan to Value (LTV) on the total appraisal value of 70.34%, and a Loan to Value (LTV) on first drawdown of 51.98%.<\/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. The use of the funds by the promoter will be monitored by a company external to wecity.<\/p>\n","protected":false},"featured_media":18505,"template":"","class_list":["post-18531","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/18531","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\/18505"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=18531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}