{"id":27266,"date":"2026-07-24T09:21:15","date_gmt":"2026-07-24T07:21:15","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-santa-isabel\/"},"modified":"2026-07-28T10:43:39","modified_gmt":"2026-07-28T08:43:39","slug":"madrid-santa-isabel","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-santa-isabel\/","title":{"rendered":"Madrid Santa Isabel"},"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>\u201cIn accordance with Article 8.2 of Regulation (EU) 2020\/1503 of the European Parliament and of the Council of October 7, 2020, on European crowdfunding providers, we hereby inform you that <a href=\"https:\/\/www.wecity.com\/en\/team\/\" target=\"_blank\" rel=\"noreferrer noopener\">partners, executives, and employees of <strong>wecity<\/strong><\/a> may invest on this occasion. These investments will be made under the same conditions as those of other investors, without receiving preferential treatment or privileged access to information.\u201d <\/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>Type<\/strong>: Fixed-rate mortgage loan<\/li>\n\n\n\n<li><strong>Purpose of the loan:<\/strong> Purchase and construction.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong><sup>1st <\/sup>degree mortgage.<\/li>\n\n\n\n<li><strong>Term:<\/strong> 9 months (+3 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> 10.75% per year.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 8.06%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current Appraisal (ECO):<\/strong> \u20ac4,527,503.43 <strong>| LTV: <\/strong>60<strong> <\/strong>.74%<\/li>\n\n\n\n<li><strong>Future Appraisal Value (HET):<\/strong> \u20ac7,819,208.40 <strong>| LTV (HET): <\/strong>57 .55 %<\/li>\n\n\n\n<li><strong>Rating<\/strong>: <a href=\"https:\/\/www.wecity.com\/en\/risk-assessment-model\/\">AA<\/a><\/li>\n\n\n\n<li><strong>Contributions:<\/strong><ul><li><strong>Developer:<\/strong> \u20ac2,587,088.50<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>wecity loan<\/strong>: \u20ac2,750,000.00<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Minimum investment:<\/strong> \u20ac500<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The developer, <strong>Veltrion Investment SL, is seeking financing through wecity<\/strong> to pay off a debt and renovate a building located in <strong>Madrid<\/strong> (18 Santa Isabel Street), where <strong>18 residential units and 2 commercial spaces<\/strong> will be built. The project has a total floor area of 1,002 m\u00b2 on a 321 m\u00b2 lot. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The developer is applying for a fixed-rate mortgage loan at 10.75%<\/strong> in <strong>the<\/strong> amount of <strong>\u20ac4,500,000,<\/strong> divided into three phases <strong>(\u20ac2,750,000, \u20ac1,000,000, and \u20ac750,000)<\/strong>, which will be <strong>secured by a first-lien mortgage on the property<\/strong> and will have a<strong> standard term of 9 months ( <\/strong>with the possibility of a 3-month extension). On this occasion, Phase I of the loan will be financed in the amount of <strong>\u20ac2,750,000<\/strong>, of which \u20ac2,518,409 will be used to repay the debt and the remainder will cover loan structuring costs as well as other expenses. The principal from the next two phases will be used to carry out the construction work.    <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>developer has contributed<\/strong> <strong>\u20ac2,287,088.50 of its<\/strong> <strong>own funds<\/strong> toward the acquisition. Additionally, <strong>it<\/strong> will contribute <strong>\u20ac300<\/strong> <strong>,000<\/strong> <strong>on the<\/strong> day of signing. <strong>The developer\u2019s total contribution represents 36.50%<\/strong> of the total funds required to carry out the project. Regarding sales, 0 out of 18 units have been sold (0%), as the developer intends to retain the property to generate a return by using it for medium-term rentals.    <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The loan <\/strong><strong> is expected to <\/strong><strong>be repaid <\/strong>to<strong> wecity <\/strong>investors<strong> once bank financing is secured and <\/strong>the asset has begun to generate income.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The project<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-1024x606.jpg\" alt=\"\" class=\"wp-image-27250\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-1536x909.jpg 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-2048x1213.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-2-1024x606.jpg\" alt=\"\" class=\"wp-image-27240\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-2-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-2-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-2-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-2-1536x909.jpg 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-2-2048x1213.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-3-1024x606.jpg\" alt=\"\" class=\"wp-image-27245\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-3-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-3-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-3-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-3-1536x909.jpg 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Santa-Isabel-3-2048x1213.jpg 2048w\" 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!1d3037.871980068997!2d-3.70630102257257!3d40.411686746550565!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd42262a38f92625%3A0x635042c21418ae4!2sC.%20de%20Sta.%20Isabel%2C%2018%2C%20Centro%2C%2028012%20Madrid!5e0!3m2!1ses!2ses!4v1784896564522!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\">Santa Isabel Street is located in one of Madrid\u2019s most sought-after areas, just a stone\u2019s throw from <strong>Puerta del Sol<\/strong>, the <strong>Barrio de las Letras<\/strong>, and <strong>Lavapi\u00e9s<\/strong>. It\u2019s a highly attractive location for both living and investing, thanks to its excellent transportation links and wide range of shops, restaurants, and services. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Just a few minutes away are some of the city\u2019s most iconic landmarks, such as the <strong>Prado Museum<\/strong>, the <strong>Reina Sof\u00eda Museum<\/strong>, the <strong>Plaza Mayor<\/strong>, and <strong>El Retiro Park<\/strong>. This well-established neighborhood combines history, urban life, and great real estate appeal. <\/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 18 Santa Isabel Street (Madrid).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the appraisal report prepared by <strong><strong>Savills<\/strong><\/strong>, the Current Appraised Value is \u20ac4,527,503.43, and the Appraised Value Upon Completion (HET) is \u20ac7,819,208.40. The loan to be granted to the developer is \u20ac2,750,000.00, which represents a Loan-to-Value (LTV) ratio of 57.55% based on the HET. <\/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 <strong>wecity<\/strong> &#8216;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<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\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"featured_media":27262,"template":"","class_list":["post-27266","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/27266","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\/27262"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=27266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}