{"id":18622,"date":"2025-03-24T15:42:40","date_gmt":"2025-03-24T14:42:40","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-alcorcon\/"},"modified":"2025-03-26T09:30:46","modified_gmt":"2025-03-26T08:30:46","slug":"madrid-alcorcon","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-alcorcon\/","title":{"rendered":"Madrid-Alcorc\u00f3n"},"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 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>Required compliance: <\/strong>6 months.<\/li>\n\n\n\n<li><strong>Interest rate:<\/strong> 11.25% per annum.<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current appraisal <strong>(ECO)<\/strong>:<\/strong> 1.411,282.60 \u20ac<strong> <strong>| <\/strong>Current loan LTV: <\/strong>95.65% (taking into account phases I and II of the loan)<\/li>\n\n\n\n<li><strong>Current appraisal <strong>(ECO)<\/strong>:<\/strong> 1.411.282,60 \u20ac <strong>| Current LTV 1st Phase: <\/strong>49,60%.<\/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>Promoter:<\/strong> 600,000\u20ac<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>Wecity loan<\/strong>: 700,000\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 developer, <strong>JBP Inmobiliario SL<\/strong>, is applying to wecity for funding to finance the acquisition and the construction costs for the refurbishment of a building located at 2 Getafe Street, Alcorc\u00f3n (Madrid), where a 24-room community residence (residential use) will be established.<\/p>\n\n\n\n<p>The asset has a constructed area of 1,116 m<sup>2<\/sup> where 24 one-bedroom accommodation units will be developed with areas ranging from 31 m<sup>2<\/sup> to 48 m<sup>2<\/sup> distributed over 3 floors above ground level. The project also includes 320 m<sup>2<\/sup> of common areas distributed between the ground floor and the basement. The developer has already applied to change the use from tertiary (current use) to residential (main and original use of the plot) for the implementation of a community residence. The works will begin as soon as the developer obtains the license for the change of use, which is estimated to be obtained before July 2025.<\/p>\n\n\n\n<p>The project will be financed through a mortgage <strong>loan for the amount of \u20ac1,350,000 at a fixed rate, which will have a first-degree mortgage guarantee, activating a first phase of the same for the amount of \u20ac700,000 <\/strong>which will be destined to the acquisition of the asset. The duration of the loan will be 12 months with a possible extension of 6 months. The developer may activate a second phase of \u20ac650,000 to finance the works.<\/p>\n\n\n\n<p>The <strong>developer is<\/strong> going to contribute <strong>own funds<\/strong> amounting to <strong>\u20ac600,000<\/strong>, which will be used for the acquisition of the asset.<\/p>\n\n\n\n<p><strong>The loan to wecity investors will be repaid with the sale of the building at a profit, once the accommodation units start to generate income.<\/strong><\/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 11.25% 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 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!1d12162.964256621113!2d-3.8365167135611924!3d40.34808974510636!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd418eca9f2b71f7%3A0x9cfb672d2387e371!2sC.%20Getafe%2C%202%2C%2028921%20Alcorc%C3%B3n%2C%20Madrid!5e0!3m2!1ses!2ses!4v1742828872620!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 property in <strong>Calle Getafe 2, Alcorc\u00f3n<\/strong> is an excellent real estate opportunity. Located in the historic center, it offers easy access to <strong>Metro Parque Lisboa and Alcorc\u00f3n Central<\/strong>, in addition to several bus lines. <\/p>\n\n\n\n<p>The area has stores such as <strong>Eroski and Dia<\/strong>, educational centers such as <strong>Colegio Santiago Ram\u00f3n y Cajal<\/strong>, and the <strong>Doctor Trueta Health Center.<\/strong> It is also close to the <strong>Parque de la Rep\u00fablica<\/strong> and the <strong>Tres Aguas<\/strong> shopping center, adding residential and commercial attraction. <\/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>first<\/sup> mortgage on the asset located at Calle Getafe 2, Alcorc\u00f3n (Madrid).<\/p>\n\n\n\n<p>According to the appraisal report prepared by <strong>GESVALT<\/strong>, the current appraisal amounts to \u20ac1,411,282.60. The loan to be made to the developer is <span style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, \" segoe=\"\" ui=\"\" roboto=\"\" oxygen-sans=\"\" ubuntu=\"\" cantarell=\"\" neue=\"\" sans-serif=\"\">\u20ac700,000<\/span>, which means a Loan to Value 1st Phase (LTV) on the current appraisal of 49.60%. If the second phase of the loan is activated, the Loan to Value of the project will be 95.65%.    <\/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 project credit rating method<\/a> 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><\/p>\n","protected":false},"featured_media":18563,"template":"","class_list":["post-18622","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/18622","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\/18563"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=18622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}