{"id":27139,"date":"2026-06-25T12:17:43","date_gmt":"2026-06-25T10:17:43","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/lerida-pi-y-margall\/"},"modified":"2026-07-24T09:50:35","modified_gmt":"2026-07-24T07:50:35","slug":"lerida-pi-y-margall","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/lerida-pi-y-margall\/","title":{"rendered":"L\u00e9rida Pi i Margall"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>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 <strong>CNMV<\/strong> as a Participatory Financing Service Provider, registered under number 9, with a favorable proposal from the <strong>Bank of Spain<\/strong>. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">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 class=\"wp-block-paragraph\"><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> 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> 11.25% per year.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 16.87%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current ECO appraisal<\/strong>: 1,174,042.00 \u20ac<strong> | ECO LTV: <\/strong>68<strong> <\/strong>.14%<\/li>\n\n\n\n<li><strong>Market value of completed project:<\/strong> \u20ac2,253,056.00 <strong>| Future LTV: <\/strong>35.50%<\/li>\n\n\n\n<li><strong>1st Drawdown:<\/strong> \u20ac167,224.00<strong> | LTV for 1st Drawdown: <\/strong>14<strong> <\/strong>.24%<\/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>Aportaciones:<\/strong><ul><li><strong>Promotor:<\/strong> 688.423,00&nbsp;\u20ac<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>wecity loan:<\/strong> 800,000.00 \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 class=\"wp-block-paragraph\">The developer <strong>Terranest Capital S.L.<\/strong> is seeking financing through <strong>wecity<\/strong> to fund the renovation of a building with 10 residential units and 2 commercial spaces at 40 Pi i Margall Street in Lleida.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The building has a lot area of 194 m2 and a total floor area of 1,088 m2. From a zoning perspective, the renovation work on the building has been processed through Prior Notifications in accordance with the zoning regulations of the Lleida City Council. Construction will begin once financing is finalized. From a sales perspective, 4 of the 10 units have already been reserved, representing 40% of the total development.   <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project will be financed through a <strong>fixed-rate <\/strong> <strong>mortgage loan<\/strong> in the amount of <strong>\u20ac800,000.00 at <\/strong>an annual interest rate of 11.25%, which will <strong>be secured<\/strong>by <strong>a first-<sup> <\/sup> l mortgage<\/strong>on the property and will have a <strong>term of 18 months<\/strong> (plus a possible 6-month extension). All of the financing will be used to cover construction costs. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To date <strong>,<\/strong> the <strong>developer has contributed<\/strong> <strong>\u20ac688,423.00 in<\/strong> <strong>equity funds <\/strong>toward the acquisition of the property, payment of technical costs, interior demolition, and permits.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The repayment of the loan to <strong>wecity<\/strong> investors is scheduled to take place upon the sale and delivery of the homes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">AInvest<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">AInvest is not applicable at this time.  <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The project<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-1-1024x606.png\" alt=\"\" class=\"wp-image-26616\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-1-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-1-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-1-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-1-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-1.png 1716w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-2-1024x606.png\" alt=\"\" class=\"wp-image-26621\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-2-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-2-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-2-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-2-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-2.png 1716w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-1024x606.png\" alt=\"\" class=\"wp-image-26626\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/06\/wecity_imag_inversion_Lerida-Pi-y-Margall.png 1716w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\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!1d1261.4825521528076!2d0.6259738544542025!3d41.62136346598012!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x12a6e04255a42d59%3A0x57cf641d699eab3e!2sCarrer%20de%20Pi%20i%20Margall%2C%2040%2C%2025004%20Lleida!5e0!3m2!1ses!2ses!4v1782383328889!5m2!1ses!2ses\" width=\"800\" height=\"600\" style=\"border:0;\" allowfullscreen=\"\" loading=\"lazy\" referrerpolicy=\"strict-origin-when-cross-origin\"><\/iframe>\n\n\n\n<p class=\"wp-block-paragraph\">Located in one of <strong>Lleida\u2019s<\/strong> most established neighborhoods, 40 Pi i Margall Street offers a prime location for those seeking comfort and easy access to all amenities. Just a few minutes away is the Eix Comercial, one of Europe\u2019s largest pedestrian and shopping districts, featuring a wide variety of stores, restaurants, and services, as well as schools, supermarkets, and excellent connections to the rest of the city. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The surrounding area also stands out for its proximity to some of the city\u2019s most iconic landmarks, such as La Seu Vella, the Castell de la Suda, the Museu de Lleida, and the Catedral Nova de Lleida, as well as pleasant walks along the Segre River. This location combines the vibrancy of the city center with Lleida\u2019s historical and cultural appeal, offering added value for both living and investing. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Mortgage collateral<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The loan will be secured by a<sup>first-priority<\/sup> mortgage on the property, located at 40 Pi i Margall Street in Lleida.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the appraisal report prepared by <strong><strong>the appraisal firm<\/strong><\/strong>, the current appraised value is \u20ac1,174,042. The loan to be granted to the developer is \u20ac800,000, which represents a Loan-to-Value (LTV) ratio of 68.14% and a Loan-to-Value (LTV) ratio on the first drawdown of 14.24%. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Collateral agent<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">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 <strong>wecity<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this case, the designated Collateral Agent will be the one indicated in the loan agreement.  <\/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\">Rating<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>wecity<\/strong>, 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 class=\"wp-block-paragraph\">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 <strong>wecity<\/strong>.   <\/p>\n","protected":false},"featured_media":26636,"template":"","class_list":["post-27139","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/27139","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\/26636"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=27139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}