{"id":2569,"date":"2023-02-15T12:50:09","date_gmt":"2023-02-15T11:50:09","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/marbella-villa-lipto-i\/"},"modified":"2023-07-17T11:02:10","modified_gmt":"2023-07-17T09:02:10","slug":"marbella-villa-lipto-i","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/marbella-villa-lipto-i\/","title":{"rendered":"Marbella-Villa Lipto I"},"content":{"rendered":"\n

wecity<\/strong> is in compliance with law 5\/2015 and is authorized by the National Securities Market Commission (CNMV) as a Participatory Financing Platform, listed with registration number 30, with a favourable nomination from the Bank of Spain.<\/p>\n\n\n\n

Villa Lipto SL<\/strong> requests financing from wecity for this investment opportunity, which consists on the construction of a luxury Villa located at Calle las Adelfas 70 in San Pedro de Alc\u00e1ntara, Marbella (M\u00e1laga).<\/p>\n\n\n\n

Skin in the Game:<\/strong> wecity<\/strong> partners invest in this opportunity.<\/p>\n\n\n\n

Investor, before making your investment please read the basic information for the client.<\/a> Past returns do not guarantee future returns.<\/p>\n\n\n\n

Project overview<\/h2>\n\n\n\n

Villa Lipto SL<\/strong> offers you the opportunity of a Fixed Rate Loan with a 1st Degree Mortgage Guarantee.<\/strong><\/p>\n\n\n\n

The project consists on financing the construction of a luxury Villa in<\/strong> Marbella<\/strong> (Malaga). The plot has a total area of 597.56 m2.<\/p>\n\n\n\n

The villa will have a built area of 428.46 m2 where 211.55 m2 correspond to the two floors above ground and 216.91 m2 to one floor below ground level with 3 parking spaces. <\/p>\n\n\n\n

The developer provides the land ownership and the building licence<\/strong> for the execution of the project. The construction of the Villa is expected to start in July 2022.<\/p>\n\n\n\n

The financing target is \u20ac600,000<\/strong> corresponding to Phase I<\/strong> of the total financing, which may rise to a maximum of \u20ac1,100,000 in different phases. Through wecity you can participate in a fixed-rate loan operation with an annual interest rate of 9.00% for an estimated term of 18 months<\/strong>. The total estimated profit after tax is 13.50 %. Interest payments will be made at maturity, i.e. in month 18. <\/strong>

In addition, the availability of funds will be monitored by an external company, based on the percentage progress of the construction works according to certifications.<\/p>\n\n\n\n

With a minimum investment of 500 \u20ac<\/strong> and no investment limit, you can participate in this opportunity with excellent profitability and maximum guarantees.<\/p>\n\n\n\n

Sign up<\/a> for free or log in<\/a> to your profile to view the Project Dossier  in the Documents section.<\/p>\n\n\n\n

“If I invest \u20ac100,000 I will have an estimated total profit of \u20ac13,500”<\/em><\/strong><\/h4>\n\n\n\n

Valuation and Rating<\/h2>\n\n\n\n

The appraisal value for the Finished Building Hypothesis (FBH) in Phase I amounts to 1,720,529.62 \u20ac<\/strong>, which means a Loan To Value (LTV) on the Finished Building Hypothesis of 34.87%.<\/strong><\/p>\n\n\n\n

The initial valuation for mortgage guarantee purposes in Phase I (Order ECO 805\/2003) amounts to 807,710.83 \u20ac<\/strong>. This means a Loan to Value (LTV) over the current valuation of 74.28%<\/strong>.<\/p>\n\n\n\n

The Loan To Value (LTV) with monitoring on the first use of funds in Phase I is 59.77%.<\/strong><\/p>\n\n\n

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An external rating has been requested from the consultancy firm JLL, which has assigned an AA rating to the project.<\/strong><\/p>\n\n\n\n

Sign up<\/a> for free or log in<\/a> to your profile to view JLL Appraisal and Rating in the Documents section.<\/p>\n\n\n\n

The Project<\/h2>\n\n\n\n

The project involves the construction of a luxury villa for residential purposes with 428.46 m2<\/strong>, where 211.55 m2 correspond to the two floors above ground and 216.91 m2 to one floor below ground level with 3 parking spaces.<\/strong><\/p>\n\n\n\n

Plans<\/strong><\/h3>\n\n\n\n
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3D Visualization<\/strong><\/strong><\/h2>\n\n\n\n
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Surrounding area and location<\/h2>\n\n\n\n

The project is located in calle las Adelfas, 70, San Pedro de Alc\u00e1ntara<\/strong>, a town in the municipality of Marbella (M\u00e1laga).<\/strong><\/p>\n\n\n\n

This residential area in the very heart of Costa del Sol<\/strong>, has a wide selection of stores, services and leisure areas nearby, as well as an easy access from the Mediterranean highway.<\/strong><\/p>\n\n\n\n

A few meters away from the Guadalmina residential complex<\/strong> and its golf club, it is consolidated as one of the most elegant and pleasant residential areas in Marbella, and only 5 km away from the Puerto Banus Marina.<\/strong><\/p>\n\n\n\n

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Vista Puerto Ban\u00fas en Marbella<\/figcaption><\/figure>\n\n\n\n

The Mortgage Guarantee<\/h2>\n\n\n\n

The loan will be secured by a 1st degree mortgage on the plot of land<\/strong> and the construction object of the project located at Calle las Adelfas 70 in San Pedro de Alc\u00e1ntara, Marbella (M\u00e1laga).<\/strong><\/p>\n\n\n\n

The independent appraisal company in charge of determining the value of the plot of land is ATV VALOR.<\/strong><\/p>\n\n\n\n

According to the appraisal report carried out by ATV VALOR on 15 February 2022, the appraisal value of the mortgaged plot amounts to the sum of 807,710.83 \u20ac. <\/strong><\/p>\n\n\n\n

The loan to be provided to the developer of Phase I of the total financing is \u20ac600,000 (Phase I)<\/strong>, and therefore represents a 74.28%<\/strong> Loan to Value on the current appraisal.<\/p>\n\n\n\n

The estimated value, according to the comparison method, of the Finished Building Hypothesis (FBH)<\/strong> in Phase I, amounts to 1,720,529.62 \u20ac<\/strong>, which represents a Loan to Value of 34.87%.<\/strong><\/p>\n\n\n\n

Guarantee Agent<\/h2>\n\n\n\n

The constitution, preservation, management, administration and, if applicable, enforcement of the real estate mortgage rights on behalf of the investors will be handled by an entity external to wecity.<\/p>\n\n\n\n

In this case the appointed Guarantee Agent is BONDHOLDERS<\/strong>.<\/p>\n\n\n\n

Bondholders is a professional company specialising primarily in the provision of independent commission agent and escrow services for a variety of asset types and under a number of international jurisdictions.<\/p>\n\n\n\n

In recent years Bondholders has been appointed as agent and administrator in more than 400 transactions representing a total of nearly 200 billion euros in debt. <\/strong><\/p>\n\n\n\n

Its main clients include financial institutions, institutional clients, asset managers and sovereign government agencies.<\/p>\n\n\n\n

It is currently one of Europe’s leading independent fiduciary services providers.<\/strong><\/p>\n\n\n\n

Monitoring<\/h2>\n\n\n\n

The developer will have to provide evidence of the use of the funds in each of the releases requested. <\/p>\n\n\n\n

The use of the funds<\/strong> by the developer will be monitored by an external company<\/strong>, and the funds will be released based on the progress percentage of the works according to certifications.<\/p>\n\n\n\n

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Opportunity Information<\/h2>\n\n\n\n

\u00b7 Type of investment:<\/strong> Fixed interest loan.
\u00b7 Interest payment:<\/strong> At maturity (month 18).
\u00b7 Guarantee:<\/strong> 1st degree mortgage.
\u00b7 Purpose of the loan:<\/strong>“Expenses intended for the acquisition and construction of a single-family home on the plot located in Urban Plot number 70, Register Property number 2874 of the Property Register No. 4 of Marbella, municipal district of Marbella, at the site of Linda Vista, in San Pedro de Alc\u00e1ntara. It has a surface area of five hundred and ninety-seven square metres and fifty-six square centimetres”.<\/p>\n\n\n\n

\u00b7 Contribution from the Developer and wecity Investors:<\/strong><\/p>\n\n\n\n

\u00b7 Villa Lipto SL:<\/strong> 807,710.83 \u20ac (on ECO Current valuation)
\u00b7 wecity Investors Phase I<\/strong>: 600,000 \u20ac<\/p>\n\n\n\n

\u00b7 Type of property<\/strong>: Luxury Residential
\u00b7 Interest rate:<\/strong> 9% per year
\u00b7 Estimated total yield:<\/strong> 13.50% 
\u00b7 LTV FBH (Phase I):<\/strong> 34.87%
\u00b7 LTV Current Valuation (Phase I):<\/strong> 74.28%
\u00b7 LTV on first monitored use of funds (Phase I):<\/strong> 59.77%
\u00b7 Loan term:<\/strong> 18 months
\u00b7 Minimum investment<\/strong>: 500 \u20ac<\/p>\n<\/div><\/div>\n","protected":false},"featured_media":1905,"template":"","class_list":["post-2569","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/2569","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\/1905"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=2569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}