{"id":23140,"date":"2025-12-22T11:44:45","date_gmt":"2025-12-22T10:44:45","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/valencia-la-canada-iii\/"},"modified":"2025-12-22T13:10:56","modified_gmt":"2025-12-22T12:10:56","slug":"valencia-la-canada-iii","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/valencia-la-canada-iii\/","title":{"rendered":"Valencia-La Ca\u00f1ada III"},"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><strong>Princeps Score Promociones SL, <\/strong>requests financing from WECITY for this investment opportunity. Investor, before making your investment read the <a href=\"https:\/\/www.wecity.com\/en\/basic-information-for-the-investing-client\/\">basic information for the investor client<\/a>. Past performance does not guarantee future performance.<\/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, we hereby inform you that <a href=\"https:\/\/www.wecity.com\/en\/team\/\">partners, managers and employees of wecity<\/a> may invest in this opportunity. These investments will be made on the same terms as those of other investors without receiving preferential treatment or privileged access to information.&#8221;<\/em><\/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\">The investment<\/h2>\n\n\n\n<div class=\"wp-block-group is-style-border-radius has-gris-muy-claro-background-color has-background\"><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> Construction costs of a real estate development of a building with 18 multi-family housing units at calle Treinta, 28-32, urbanization La Ca\u00f1ada, Paterna (Valencia).<\/li>\n\n\n\n<li><strong>Collateral:<\/strong><sup>1st<\/sup> degree mortgage.<\/li>\n\n\n\n<li><strong>Deadline:<\/strong> 2 months<\/li>\n\n\n\n<li><strong>Interest rate:<\/strong> 12% per annum.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 2%.<\/li>\n\n\n\n<li><strong>Commercialization: <\/strong>88% ( 16 of 18 units)<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current ECO appraisal:<\/strong> 3.823.714,39 \u20ac : <strong>LTV: <\/strong>49,68%.<\/li>\n\n\n\n<li><strong>ECO HET appraisal: <\/strong>5.055.645,34 \u20ac | <strong>LTV HET: <\/strong>37,58%.<\/li>\n\n\n\n<li><strong>LTV 1st disposal: <\/strong>44.71%.<\/li>\n\n\n\n<li><strong>Rating: <\/strong><a href=\"https:\/\/www.wecity.com\/en\/risk-assessment-model\/\" target=\"_blank\" rel=\"noreferrer noopener\">AA<\/a><\/li>\n\n\n\n<li><strong>Aportaciones:<\/strong> \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Developer&#8217;s equity:<\/strong> \u20ac700,000.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Wecity investors phase III:<\/strong> \u20ac500,000.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Minimum investment:<\/strong> 250 \u20ac.<\/li>\n\n\n\n<li><strong>Maximum investment<\/strong>: 250 \u20ac (during the first 30 min.)<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>The developer <strong>Princeps Score Promociones, S.L<\/strong>, requests through wecity the activation of phase III of the opportunity &#8220;Valencia &#8211; La Ca\u00f1ada&#8221; located at calle Treinta, 28-32, Paterna (Valencia). In this third phase, the funds will be destined to the payment of the construction execution costs. <\/p>\n\n\n\n<p>It is a plot of land with an area of <strong>510 sqm.<\/strong><strong><sup>2<\/sup><\/strong><strong> <\/strong>on which a development of 18 homes of 1, 2 and 3 bedrooms, with garage, storage rooms and large terraces is being developed, with a buildable area of <strong>2,411 sqm.<\/strong><strong><sup>2<\/sup><\/strong><sup> <\/sup>. The project has a building permit and is currently <strong>86.66% <\/strong>complete. The project is being financed through a \u20ac1,900,000 fixed-rate mortgage loan, which will be <strong>secured by a first degree mortgage guarantee, and a third and last phase of the project for an amount of \u20ac500,000 will be activated.<\/strong><\/p>\n\n\n\n<p>At the commercial level, 88% of units have been sold, 16 out of 18 homes.<\/p>\n\n\n\n<p>To date, the developer has contributed its own funds amounting to <strong>\u20ac700,000<\/strong>, which have been used to acquire the land. In addition, the purchasers have made <strong>down payments<\/strong> of <strong>\u20ac1,094,000<\/strong>, which have been used to finance the construction work. <\/p>\n\n\n\n<p>The exit of wecity&#8217;s investors will occur with the sale and delivery of the homes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:24px\">The project<\/h2>\n\n\n\n<p>The project consists of 18 multi-family dwellings with garage, storage room and large terraces, located at calle Treinta, 28-32, urbanization La Ca\u00f1ada, Paterna (Valencia).<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"858\" height=\"508\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_00.jpg\" alt=\"\" class=\"wp-image-10506\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_00.jpg 858w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_00-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_00-768x455.jpg 768w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/figure>\n\n\n\n<p class=\"has-small-font-size\"><strong>Ground Floor<\/strong> and Elevations to <strong>Calle 25<\/strong> and <strong>Calle 30<\/strong> (you can see the rest of the plans in the Documents section).<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"858\" height=\"508\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_02.jpg\" alt=\"Investment in Valencia\" class=\"wp-image-10511\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_02.jpg 858w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_02-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_02-768x455.jpg 768w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"858\" height=\"508\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_03.jpg\" alt=\"Investment in Valencia\" class=\"wp-image-10515\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_03.jpg 858w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_03-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_03-768x455.jpg 768w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"858\" height=\"508\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_04.jpg\" alt=\"\" class=\"wp-image-10519\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_04.jpg 858w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_04-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2024\/02\/wecity_imag_inversion-Valencia-La-Canada_04-768x455.jpg 768w\" sizes=\"(max-width: 858px) 100vw, 858px\" \/><\/figure>\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\">Location<\/h2>\n\n\n\n<iframe src=\"https:\/\/www.google.com\/maps\/embed?pb=!1m18!1m12!1m3!1d1681.3747633893272!2d-0.48207049047724315!3d39.52432039136251!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd605afc4c4513bb%3A0x11fc7c153d0e38d7!2sCarrer%2030%2C%2028%2C%2046182%20La%20Canyada%2C%20Val%C3%A8ncia!5e1!3m2!1ses!2ses!4v1766402241840!5m2!1ses!2ses\" width=\"800\" height=\"600\" style=\"border:0;\" allowfullscreen=\"\" loading=\"lazy\" referrerpolicy=\"no-referrer-when-downgrade\"><\/iframe>\n\n\n\n<p>La Ca\u00f1ada is an urbanization located in the northwest of the municipality of <strong>Valencia<\/strong>, just 10 kilometers from the city center. It offers a strategic location, allowing its inhabitants to enjoy a safe and quiet environment just minutes from the city. <\/p>\n\n\n\n<p>La Ca\u00f1ada is distinguished by its serene environment <strong>surrounded by nature.<\/strong> The development is integrated in a green landscape with large wooded areas, which provides residents with a quiet and peaceful environment with all kinds of services.<\/p>\n\n\n\n<p>In addition, with quick and easy <strong>access to major roads<\/strong> and bus services, the commuter network provides efficient commuting options to Valencia and surrounding areas, facilitating the mobility of residents.<\/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\">The mortgage guarantee<\/h2>\n\n\n\n<p>The loan will be <strong>secured by <\/strong>a<strong><sup>1st<\/sup> degree <\/strong> <strong>mortgage on <\/strong>the <strong>building and the construction, located at calle Treinta, 28-32, urbanization La Ca\u00f1ada, Paterna (Valencia).<\/strong><\/p>\n\n\n\n<p>According to the appraisal report made by EUROVAL, the current appraisal amounts to <strong>3,823,714.39 \u20ac.<\/strong> The loan to be made to the developer is of  <strong>500,000, which together with the \u20ac700,000 of Phase I and the \u20ac700,000 of Phase II amounts to \u20ac1,900,000. This represents a Loan to Value (LTV) over current appraisal of 49.68%. <\/strong>  and a <strong>Loan to Value of 1st disposal of 44.71%<\/strong>. The HET appraisal (Assumed Completed Building) amounts to \u20ac <strong><strong><strong><strong>5,055,645.34<\/strong><\/strong><\/strong><\/strong>, which represents a <strong>Loan to Value HET of 37.58%<\/strong>. <\/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\">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<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\n\n\n<p style=\"font-size:24px\"><\/p>\n\n\n\n<p><\/p>\n","protected":false},"featured_media":10503,"template":"","class_list":["post-23140","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/23140","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\/10503"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=23140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}