{"id":26505,"date":"2026-06-19T12:36:37","date_gmt":"2026-06-19T10:36:37","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/barcelona-palleja\/"},"modified":"2026-06-19T15:32:22","modified_gmt":"2026-06-19T13:32:22","slug":"barcelona-palleja","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/barcelona-palleja\/","title":{"rendered":"Barcelona Pallej\u00e1"},"content":{"rendered":"\n

wecity<\/strong> 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 CNMV<\/strong> as a Participatory Financing Service Provider, registered under number 9, with a favorable proposal from the Bank of Spain<\/strong>. <\/p>\n\n

Investor, before making your investment, please read the basic information for the investor client<\/a>, as well as the pre-contractual cooling-off period for inexperienced investors <\/a>. <\/p>\n\n

Skin in the game<\/strong>: “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 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.” <\/em><\/p>\n\n

The investment<\/h2>\n\n
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  • Object of the loan:<\/strong> Work.<\/li>\n\n\n\n
  • Collateral:<\/strong>1st <\/sup>degree mortgage.<\/li>\n\n\n\n
  • Term:<\/strong> 18 months (+6 months possible extension)<\/li>\n\n\n\n
  • Required compliance: <\/strong>6 months.<\/li>\n\n\n\n
  • Interest rate:<\/strong> 11 % p.a.<\/li>\n\n\n\n
  • Estimated total return:<\/strong> 16.50%<\/li>\n\n\n\n
  • Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n
  • Current Appraised Value (ECO):<\/strong> \u20ac1,360,705.29 <\/li>\n\n\n\n
  • HET Appraisal Value: \u20ac3 <\/strong>,589,254.11 | HET LTV (Phases I and II):<\/strong> 41.23%<\/li>\n\n\n\n
  • 1st Drawdown:<\/strong> \u20ac252,531.70 | LTV for 1st Drawdown:<\/strong> 18.55%<\/li>\n\n\n\n
  • Aportaciones:<\/strong>
    • Promotor:<\/strong> 1.231.920,00 \u20ac<\/li><\/ul>\n
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      • wecity loan:<\/strong> 740,000.00 \u20ac<\/li>\n<\/ul>\n<\/li>\n\n\n\n
      • Minimum investment:<\/strong> 500 \u20ac.<\/li>\n<\/ul>\n<\/div><\/div>\n\n

        The developer MAGAR HOME PROMOCIONES SL<\/strong> is seeking financing through wecity to <\/strong>cover the construction costs needed to complete a development consisting of 9 homes, 6 garages, and 9 storage units at Carrer Mare de D\u00e9u de Loreto, 47, Pallej\u00e1 (Barcelona).<\/strong><\/p>\n\n

        The lot area is 294m2<\/sup> and the total floor area is 1,292m2<\/sup>. From a zoning perspective, the building permit was <\/strong> granted<\/strong> in October 2025. <\/strong>and construction is 24%<\/strong> complete (according to the ECO appraisal dated April 8, 2026)<\/strong>. From a sales perspective, the <\/strong>developer has 1 reservation for 9 units (11%).<\/strong> <\/p>\n\n

        The total amount of the loan is \u20ac1,480,000.00, to<\/strong> be disburs ed in two phases<\/strong>, with an annual interest rate of 11% and a standard term of 18 months plus a possible 6-month extension. <\/strong>On this occasion, Phase I of the loan<\/strong> will be financed in the amount of \u20ac740,000,<\/strong> which will be used to cover construction costs. The transaction will besecured by a first-lien mortgage on the property.<\/strong> <\/p>\n\n

        To<\/strong>date, the developer has contributed \u20ac1,231,920.00<\/strong>of its own funds ,<\/strong>which have been used to acquire the property, cover technical costs, and pay for all construction costs incurred so far.<\/p>\n\n

        The repayment of the loan<\/strong> to wecity <\/strong>investors is <\/strong>scheduled to take place upon the execution of the purchase and sale agreements.<\/p>\n\n

        AInvest<\/h2>\n\n

        AInvest is not applicable at this time. <\/p>\n\n

        The project<\/h2>\n\n
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        Location and surroundings<\/h2>\n\n