{"id":19628,"date":"2025-06-25T10:07:14","date_gmt":"2025-06-25T08:07:14","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-sierra-elvira\/"},"modified":"2025-06-25T10:12:26","modified_gmt":"2025-06-25T08:12:26","slug":"madrid-sierra-elvira","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-sierra-elvira\/","title":{"rendered":"Madrid-Sierra Elvira"},"content":{"rendered":"\n

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 CNMV<\/strong> as a Participatory Financing Service Provider, registered in the registry under number 9, with a favorable proposal from the Bank of Spain<\/strong>. <\/p>\n\n\n\n

Investor, before making your investment, please read the basic information for the investor client<\/a>, as well as the pre-contractual cooling-off period for inexperienced investors <\/a>. <\/p>\n\n\n\n

Skin in the game<\/strong>: \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 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

The investment<\/h2>\n\n\n\n
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  • Purpose of the loan:<\/strong> To finance construction costs<\/li>\n\n\n\n
  • Collateral:<\/strong>1st <\/sup>degree mortgage<\/li>\n\n\n\n
  • Term:<\/strong> 18 months (+6 months possible extension)<\/li>\n\n\n\n
  • Required compliance: <\/strong>6 months<\/li>\n\n\n\n
  • Interest rate:<\/strong> 11% p.a.<\/li>\n\n\n\n
  • Estimated total return:<\/strong> 16.50%.<\/li>\n\n\n\n
  • Interest payment:<\/strong> at maturity<\/li>\n\n\n\n
  • ECO appraisal <\/strong>(current):<\/strong> 669,682.68 \u20ac | Current LTV:<\/strong> 113.49%.<\/li>\n\n\n\n
  • HET3<\/sup> appraisal:<\/strong> 1,668,120.37 \u20ac | Current LTV:<\/strong> 45.56%.<\/li>\n\n\n\n
  • 1st drawdown:<\/strong> 173,572.00 \u20ac | LTV 1st drawdown:<\/strong> 25.92% <\/li>\n\n\n\n
  • Contributions:<\/strong>
    • Promoter:<\/strong> \u20ac300,000 \u20ac<\/li><\/ul>\n
        \n
      • Wecity loan<\/strong>: 760,000 \u20ac<\/li>\n<\/ul>\n<\/li>\n\n\n\n
      • Minimum investment:<\/strong> 500 \u20ac<\/li>\n\n\n\n
      • Maximum investment:<\/strong> 500 \u20ac for the first half hour<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n

        The developer, Ananas Gesti\u00f3n<\/strong>, through the company Pico del Saltadero 6 SL, <\/strong>is requesting financing through wecity<\/strong> for the development of a 6-home development located in the Numancia neighborhood (Vallecas), in Madrid.<\/p>\n\n\n\n

        The plot has an area of 228m2<\/sup>, on which a project of 322.50m2<\/sup> of buildable area will be built. It is an urban plot, with the corresponding urban planning license approved via ECU, although the works for the construction of the 6 houses have not yet started. <\/p>\n\n\n\n

        The project will be financed through a fixed-rate mortgage loan in the amount of \u20ac760,000,<\/strong> and will be secured by a mortgage guarantee of 1<\/strong>er<\/sup><\/strong> grade<\/strong>1<\/sup><\/strong>. <\/strong> <\/p>\n\n\n\n

        The developer has not <\/strong>yet begun marketing <\/strong>the homes, pending the start of construction work in order to optimize the sale price.<\/p>\n\n\n\n

        The developer<\/strong> is the owner of the site, for which it paid \u20ac300,000.<\/p>\n\n\n\n

        The repayment of the loan<\/strong> to the wecity investors will be made with the contributions made by the future homebuyers.<\/p>\n\n\n\n

        Through wecity you can participate in a fixed-rate loan<\/strong> operation with an annual interest rate of 11% for an estimated term of 18 months<\/strong> (6 months mandatory) with the possibility of extending for an additional 6 months at <\/strong>.<\/p>\n\n\n\n

        The payment of interest plus the return of the invested capital will be made at maturity<\/strong>.<\/p>\n\n\n\n

        The project<\/h2>\n\n\n\n
        \"\"<\/figure>\n\n\n\n

        Location and surroundings<\/h2>\n\n\n\n