{"id":19757,"date":"2025-06-27T11:26:23","date_gmt":"2025-06-27T09:26:23","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/seville-guadalquivir\/"},"modified":"2025-07-01T13:31:59","modified_gmt":"2025-07-01T11:31:59","slug":"seville-guadalquivir","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/seville-guadalquivir\/","title":{"rendered":"Seville-Guadalquivir"},"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 construction costs.<\/li>\n\n\n\n<li><strong>Collateral<\/strong>:<sup>1st<\/sup> degree mortgage (c\/Beatriz de Suabia 21)  <\/li>\n\n\n\n<li><strong>Collateral<\/strong>: <sup>2nd<\/sup> degree mortgage (c\/Peral 19- 21)  <\/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> 11.50% p.a.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 11.50%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>C\/Beatriz de Suabia 21 &#8211; First Rank<\/strong>\n<ul class=\"wp-block-list\">\n<li>Current Valuation (ECO<strong><sup>2<\/sup><\/strong>): 1.222.971,67 \u20ac<\/li>\n\n\n\n<li>HET appraisal (ECO<strong><sup>2<\/sup><\/strong>): N\/A | LTV: 35,58%<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>C\/Peral 19- 21 &#8211; Second Range<\/strong>\n<ul class=\"wp-block-list\">\n<li>Current Valuation (ECO<strong><sup>2<\/sup><\/strong>): 1.437.149,26 \u20ac<\/li>\n\n\n\n<li>HET appraisal (ECO<strong><sup>2<\/sup><\/strong>): 2.587.185,33 \u20ac<\/li>\n\n\n\n<li>Bank Debt: 1.393.000,00 \u20ac<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>LTVs<\/strong>\n<ul class=\"wp-block-list\">\n<li>Current LTV 1st rank: 70.32%<\/li>\n\n\n\n<li>Current LTV 1st and 2nd rank: 67.87%<\/li>\n\n\n\n<li>LTV HET: 35.58%<\/li>\n\n\n\n<li>1st Drawing: 348,112.00 \u20ac | LTV 1st Drawing: 27.47%<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Rating:<\/strong> <a href=\"https:\/\/www.wecity.com\/en\/risk-assessment-model\/\">A<\/a><\/li>\n\n\n\n<li><strong>Contributions:<\/strong><ul><li><strong>Promoter:<\/strong> 727,250.34 \u20ac<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>Wecity loan<\/strong>: 860,000 \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 for the first half hour.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>The developer<strong> Desarrollo, Gesti\u00f3n, Reactivaci\u00f3n y Promoci\u00f3n Inmobiliaria en Sevilla SL<\/strong> is seeking financing through wecity for the renovation of a historic property in Seville, located at Calle Peral 19-21, which has eight residential units.<\/p>\n\n\n\n<p>The developer has already purchased the property, has begun the renovation (<strong>54% of the work is complete<\/strong>) and is requesting a loan of \u20ac860,000 to complete the renovation.<\/p>\n\n\n\n<p>To date, the <strong>developer<\/strong> has contributed \u20ac727,250.34 (<strong>46%<\/strong>) of its own funds towards the construction costs, technical expenses and part of the acquisition of the property.<\/p>\n\n\n\n<p>As collateral, the developer offers a <strong>second-rank mortgage guarantee<\/strong> on the asset, on which Banco Santander has a mortgage for \u20ac1,393,000 (HET value \u20ac2,587,185.33). As <strong>additional collateral, a first mortgage <\/strong>is provided on an asset owned by the borrowing company, located at Calle Beatriz de Suabia 21. The loan amount will be used to cancel an outstanding charge of \u20ac340,000 on the asset at Beatriz de Suabia 21 and the remainder to finance the work on the asset at Calle Peral 19-21.<\/p>\n\n\n\n<p>At present, there are no sales, and the estimated average sale price for each of the eight homes is \u20ac360,000.<\/p>\n\n\n\n<p>The exit of the investors from wecity is planned with the sale of the eight homes at Calle Peral 19-21.<\/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 11.50% 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\">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\/06\/wecity_imag_inversion_Sevilla-Guadalquivir_01-1024x606.jpg\" alt=\"\" class=\"wp-image-19744\" style=\"width:1200px;height:auto\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/06\/wecity_imag_inversion_Sevilla-Guadalquivir_01-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/06\/wecity_imag_inversion_Sevilla-Guadalquivir_01-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/06\/wecity_imag_inversion_Sevilla-Guadalquivir_01-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2025\/06\/wecity_imag_inversion_Sevilla-Guadalquivir_01.jpg 1287w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Main elevation and first floor of the project (you can see the rest of the plans in the documents section).<\/figcaption><\/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!1d6339.027276549519!2d-5.995841088586333!3d37.401332733467555!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd126c07f066737b%3A0x1c5aba4a59eb5de5!2sC.%20Peral%2C%2019%2C%20Casco%20Antiguo%2C%2041002%20Sevilla!5e0!3m2!1ses!2ses!4v1751269778417!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 Peral, 19 is located in the historic center of <strong>Seville<\/strong>, in an area with excellent connections and services. A few minutes walk away are bus stops such as Calatrava and Resolana, which connect with different parts of the city. In addition, it is well connected to the suburban train lines (C1 and C2) and about 10 minutes by car from the Metro (Line 1), which guarantees agile mobility both inside and outside the old town.  <\/p>\n\n\n\n<p>In the immediate surroundings there are several educational centers, such as the Doctor Sacristan School, as well as kindergartens and public and subsidized centers. It is also close to reference hospitals such as the Virgen Macarena and Virgen del Roc\u00edo University Hospitals, as well as private medical centers. All this makes this location an attractive option for families, investors and residential projects, thanks to its consolidated environment and high demand.  <\/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 <strong>first mortgage on the asset located at Calle Beatriz de Suabia, 21, and a second mortgage<\/strong> on the asset located at <strong>Calle Peral 19-21, Seville<\/strong>.<\/p>\n\n\n\n<p>According to the appraisal reports prepared by Risc Valor, the current appraisal of the asset located at <strong>Beatriz de Suabia, 21<\/strong> amounts to <strong>\u20ac 1,222,971.67.<\/strong> In the case of the asset located at <strong>Calle Peral 19-21<\/strong>, the <strong>current appraisal<\/strong> is <strong>1,437,149.26 \u20ac<\/strong>, and the <strong>HET appraisal (Hypothesis of Completed Building)<\/strong> is <strong>2,587,185.33 \u20ac<\/strong>. The existing bank debt on the latter is <strong>1,393,000.00 \u20ac<\/strong>. <br><br>The loan to be made to the developer contemplates the following metrics: a <strong>Loan to Value (LTV)<\/strong> over current appraisal in the first range of <strong>70.32 %<\/strong>, an <strong>LTV over current appraisal considering the first and second ranges of 67.87 %<\/strong>, and an <strong>LTV over the Completed Building Assumption (CBA)<\/strong> of <strong>35.58 %<\/strong>. The <strong>first drawdown<\/strong> of the loan will be <strong>\u20ac348,112.00<\/strong>, which represents an <strong> LTV 1st Drawing of 27.47%<\/strong>. <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":19702,"template":"","class_list":["post-19757","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/19757","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\/19702"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=19757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}