{"id":19369,"date":"2025-05-30T12:15:36","date_gmt":"2025-05-30T10:15:36","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-avenida-felipe-ii\/"},"modified":"2025-06-02T15:55:11","modified_gmt":"2025-06-02T13:55:11","slug":"madrid-avenida-felipe-ii","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-avenida-felipe-ii\/","title":{"rendered":"Madrid-Avenida Felipe 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 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>\u201cIn 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.\u201d <\/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 construction costs.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong><sup>1st <\/sup>degree mortgage<\/li>\n\n\n\n<li><strong>Deadline:<\/strong> 9 months (+3 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> 10.50% p.a.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 7.88%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity<\/li>\n\n\n\n<li><strong>ECO appraisal <\/strong>(current)<strong>:<\/strong> 2,137,714.94 \u20ac | Current LTV: 60.81%<\/li>\n\n\n\n<li><strong>1st disposal: <\/strong>1.158.297,00 \u20ac | LTV 1st disposal:<strong> <\/strong>54,18%<\/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>Cooperative:<\/strong> 1.394.896,00 \u20ac<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>Wecity loan<\/strong>: 1,300,000 \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 developer <strong>ELLEYHOME SL<\/strong> is requesting financing through <strong>wecity<\/strong> for the <strong>acquisition and rehabilitation of a property located at Avenida de Felipe II No. 14, in Madrid.<\/strong><\/p>\n\n\n\n<p>The developer will process the building permit through a <strong>Responsible Declaration<\/strong> and contemplates a <strong>rehabilitation with an estimated budget of \u20ac398,000.<\/strong> The property has an area of 199 sqm and will have 3 bedrooms and 4 bathrooms, and is located in the heart of Madrid, 15 minutes walk from the Retiro Park and 5 minutes from the Movistar Arena. The <strong>selling price of the asset exceeds \u20ac3,200,000.<\/strong> The asset has been <strong>appraised at \u20ac 2,137,714.94,<\/strong> and marketing will begin at the time the property is acquired.   <\/p>\n\n\n\n<p>The amount of the loan requested is \u20ac1,300,000, which represents an <strong>LTV of 60.81%<\/strong>. The <strong>promoter&#8217;s contribution amounts to \u20ac1,394,896 (51.76%)<\/strong>, while <strong>wecity will participate with 48.24%<\/strong> of the total capital required for the development of the project. <\/p>\n\n\n\n<p>The repayment of the loan to wecity&#8217;s investors will be through the sale of the asset.<\/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 10.50% for an estimated term of 9 months<\/strong> (6 months mandatory) with the possibility of an extension of 3 additional months at<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\">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\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-2-1024x606.png\" alt=\"\" class=\"wp-image-19343\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-2-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-2-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-2-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-2-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-2.png 1716w\" 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\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-1-1024x606.png\" alt=\"\" class=\"wp-image-19347\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-1-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-1-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-1-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-1-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-1.png 1716w\" 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\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-5-1024x606.png\" alt=\"\" class=\"wp-image-19364\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-5-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-5-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-5-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-5-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-5.png 1716w\" 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\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-4-1024x606.png\" alt=\"\" class=\"wp-image-19360\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-4-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-4-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-4-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-4-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/05\/wecity_imag_inversion_Madrid-Avenida-Felipe-II-4.png 1716w\" 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=!1m18!1m12!1m3!1d3037.326643322535!2d-3.6781189616940533!3d40.42376547155732!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd4228a4d25e4bc5%3A0x7cb5c62c29319330!2sAv.%20de%20Felipe%20II%2C%2014%2C%20Salamanca%2C%2028009%20Madrid!5e0!3m2!1ses!2ses!4v1748600669363!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>Avenida Felipe II<\/strong> is located in the Salamanca district, one of the most exclusive areas of <strong>Madrid<\/strong>. This avenue combines a consolidated residential environment with a great commercial offer, thanks to its proximity to El Corte Ingl\u00e9s de Goya, top brand stores, restaurants and all kinds of services. Just a few minutes away are the Goya and O&#8217;Donnell metro stations (Lines 2, 4 and 6), which guarantees an excellent connection with the rest of the city.  <\/p>\n\n\n\n<p>It is an ideal location for those looking for a home in a central and well-equipped area, as well as for investors interested in one of the most sought-after real estate areas in Madrid. The architecture of the area, with stately buildings and renovated homes, reinforces its attractiveness and residential value. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mortgage collateral<\/h2>\n\n\n\n<p>The loan will be secured by a<sup>1st<\/sup> degree mortgage on the asset and the building, located at Avenida Felipe II, 14 (Madrid).<\/p>\n\n\n\n<p>According to the appraisal report prepared by <strong>Gesvalt<\/strong>, the current appraisal amounts to \u20ac 2,137,714.94. The loan to be made to the developer is \u20ac1,300,000, which implies a Loan to Value (LTV) on current appraisal of 60.81%, and a Loan to Value (LTV) on first drawdown of 54.18%. <br><\/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 loan agreement.  <\/p>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\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\" style=\"font-size:24px\">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":19334,"template":"","class_list":["post-19369","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/19369","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\/19334"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=19369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}