{"id":25834,"date":"2026-05-13T11:43:23","date_gmt":"2026-05-13T09:43:23","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-juan-de-olias-ii\/"},"modified":"2026-05-14T17:38:33","modified_gmt":"2026-05-14T15:38:33","slug":"madrid-juan-de-olias-ii","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-juan-de-olias-ii\/","title":{"rendered":"Madrid Juan de Ol\u00edas II"},"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>Object of the loan:<\/strong> Work.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong><sup>1st <\/sup>degree mortgage.<\/li>\n\n\n\n<li><strong>Deadline:<\/strong> 15 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> 14.37%<\/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 \u20ac <strong>| Current LTV (Phase II): <\/strong>35.35%<\/li>\n\n\n\n<li><strong>ECO HET appraisal: <\/strong>5.661.824,05 \u20ac <strong>| LTV HET: <\/strong>48,57%<\/li>\n\n\n\n<li><strong>First drawdown: <\/strong>1,301,730.70 \u20ac <strong>| LTV 1st drawdown:<\/strong> 46.02 %<\/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 II Loan:<\/strong> 1,000,000 \u20ac<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Minimum investment:<\/strong> 500 \u20ac<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p>The developer <strong>IBERIA VIVA CAPITAL SL, <\/strong>requests through <strong>wecity<\/strong> the activation of <strong>phase II <\/strong>to finance the continuation of the rehabilitation of a building in calle <strong>Juan de Ol\u00edas, 21, in Madrid.<\/strong><\/p>\n\n\n\n<p>The land has a total area of 289<sup>m2<\/sup> and a buildable area of 1,222.11<sup>m2<\/sup>, where the rehabilitation of a mixed-use building is being developed for the implementation of 20 lofts and 1 dwelling.<\/p>\n\n\n\n<p>At the urban planning level, <strong>the project has had a building permit<\/strong> since September 2025 and construction work has already begun, with a degree of progress of <strong>30.54% (according to the latest certification issued by the project management).<\/strong> The developer wants to keep the asset in equity, once it begins to generate income.<\/p>\n\n\n\n<p>The total amount of the loan to date amounts to \u20ac2,000,000.00 in 2 phases. On this occasion, phase II of the loan will be financed for an amount of \u20ac1,000,000.00 at a fixed rate, which will be secured by a <strong>1st degree mortgage guarantee<sup> <\/sup><\/strong>and will have an approximate duration2<sup>of <\/sup>15 months (+6 of possible extension). This loan will be the second phase of a total loan, which may amount to a maximum of \u20ac2,750,000.00 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>of \u20ac1,544,468.66 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>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\">AInvest<\/h2>\n\n\n\n<p>AInvest is not applicable at this time.  <\/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 valuation report carried out by <strong><strong>tinsa<\/strong><\/strong>the Current Appraisal amounts to 2,828,519.92 \u20ac and the Appraisal in Hypothetical Completed Building (HET) to 5,661,824.05 \u20ac. The loan to be made to the developer in this second 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 LTV of 1st disposal of 46.02%. <\/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-25834","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/25834","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=25834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}