{"id":23897,"date":"2026-02-02T13:35:40","date_gmt":"2026-02-02T12:35:40","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-juan-de-olias\/"},"modified":"2026-02-06T11:27:54","modified_gmt":"2026-02-06T10:27:54","slug":"madrid-juan-de-olias","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-juan-de-olias\/","title":{"rendered":"Madrid Juan de Ol\u00edas"},"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, we hereby inform you that <a href=\"https:\/\/www.wecity.com\/en\/team\/\" target=\"_blank\" rel=\"noreferrer noopener\">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<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>Object of the loan:<\/strong> Work.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong> First degree mortgage.<\/li>\n\n\n\n<li><strong>Term:<\/strong> 18 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% per annum.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 17,25%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current ECO appraisal: <\/strong>2.828.519,92 <strong>| Current LTV (Phase I): <\/strong>35,35 %<\/li>\n\n\n\n<li><strong>ECO HET appraisal: <\/strong>5.661.824,05 <strong>| LTV HET<\/strong>: 48,57 %<\/li>\n\n\n\n<li><strong>First drawdown:<\/strong> 466.579,45 \u20ac <strong>| LTV 1st drawdown: <\/strong>16,49%<strong> <\/strong><\/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>Developer&#8217;s contribution: <\/strong>1.544.468,66 \u20ac<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>wecity Phase I Loan:<\/strong> 1,000,000 \u20ac<\/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> 500 \u20ac during the first half hour.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>The developer <strong>IBERIA VIVA CAPITAL SL, <\/strong>requests financing through <strong>wecity<\/strong> for the rehabilitation of a building in calle Juan de Ol\u00edas, 21, in Madrid.<\/p>\n\n\n\n<p>The land has a total area of &nbsp;289m<sup>2<\/sup> and a buildable area of 1.222,11m<sup>2<\/sup>, where the rehabilitation of a mixed-use building will be developed for the implementation of 20 lofts and 1 house.<\/p>\n\n\n\n<p>At the urban planning level, the project has had a building permit since September 2025 and construction has already begun, with a progress rate of 12%. At the commercial level, the developer has no sales, as it intends to keep the building as its own property. <\/p>\n\n\n\n<p>The project will be financed through a mortgage loan in the amount of \u20ac1,000,000 at a fixed rate, which will be <strong>secured by a 1st degree mortgage guarantee<\/strong> and will have a term of 18 months (+6 months of possible extension). This loan will correspond to the first phase of a total loan, which may amount to a maximum of \u20ac2,750,000 in three phases, for the rehabilitation works of the building.<\/p>\n\n\n\n<p>To date, the developer has contributed <strong>equity <\/strong>in the amount of <span style=\"font-size: revert; color: initial; font-family: -apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &quot;Helvetica Neue&quot;, sans-serif;\">1.544.468,66 \u20ac<\/span> for the acquisition of the building and the start of construction.<\/p>\n\n\n\n<p>The exit of <strong>wecity<\/strong> investors is planned with the entry of bank financing.<\/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 18 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!1d24297.119681688757!2d-3.6700159999999995!3d40.42789965!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd4228ffd84f761b%3A0xfb62e15838ec7e11!2sC.%20de%20Juan%20de%20Ol%C3%ADas%2C%2021%2C%20Tetu%C3%A1n%2C%2028020%20Madrid!5e0!3m2!1ses!2ses!4v1770036720091!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 de Juan de Ol\u00edas, 21 is located in the surroundings of <strong>Cuatro Caminos (Tetu\u00e1n)<\/strong>, a highly demanded area due to its combination of residential neighborhood and services on foot (commerce and restaurants) and its excellent connectivity. The proximity to <strong>Estrecho<\/strong> and <strong>Cuatro Caminos<\/strong> (Metro) reinforces its attractiveness for both permanent housing and rentals. <\/p>\n\n\n\n<p>In terms of points of interest, it is very close to the <strong>Paseo de la Castellana<\/strong> axis and the <strong>AZCA<\/strong> business area, as well as the <strong>Santiago Bernabeu Stadium<\/strong>. For leisure and outdoor sports, the <strong>Santander Park<\/strong> is within walking distance, providing green areas and sports facilities. <\/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, located at Calle de Juan de Ol\u00edas, 21 (Madrid).<\/p>\n\n\n\n<p>According to the appraisal report made by <strong><strong><strong><strong>tinsa<\/strong><\/strong><\/strong><\/strong> 2.828.519,92 \u20ac and the Assumptions of Completed Building (HET) appraisal amounts to 5.661.824,05 \u20ac. The loan to be made to the developer in this first phase is 1.000,000 \u20ac, this means a Loan to Value (LTV) on the current appraisal of 35,35%<strong>,<\/strong> a Loan to Value (LTV) HET of 48,57% and a first-lien LTV of 16.49%.<\/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<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><\/p>\n","protected":false},"featured_media":23863,"template":"","class_list":["post-23897","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/23897","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\/23863"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=23897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}