{"id":27468,"date":"2026-07-27T11:20:24","date_gmt":"2026-07-27T09:20:24","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-velazquez\/"},"modified":"2026-07-29T14:36:24","modified_gmt":"2026-07-29T12:36:24","slug":"madrid-velazquez","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-velazquez\/","title":{"rendered":"Madrid Vel\u00e1zquez"},"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> 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% per annum.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 16.50%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current Appraisal (ECO): \u20ac<\/strong>6<strong> <\/strong>,293,701.83<strong> | LTV: <\/strong>43<strong> <\/strong>.69%<\/li>\n\n\n\n<li><strong>Future Appraisal Value (HET): \u20ac<\/strong>11<strong> <\/strong>,618,334.47 <strong>| LTV (HET):<\/strong> 58.10%<\/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 development company <strong>Masterframe Builders SL is seeking financing through wecity to pay off a debt and construct three new floors of a building located at 97 Vel\u00e1zquez Street in Madrid.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The lot has a total area of 437<sup>m2<\/sup> and will have a total floor area of 920<sup>m2<\/sup>, where <strong>three new stories<\/strong> will <strong>be built to accommodate 5 residential units.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From an urban planning perspective, the project has had<strong> a building permit since March 2026<\/strong>. From a commercial perspective, <strong>1 of the 5 units <\/strong> has been <strong>sold ( <\/strong>20%). <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project will be financed through a <strong>mortgage loan in the amount of \u20ac2,750,000 at a fixed interest rate of 11.00%<\/strong>, which will be <strong>secured<\/strong> by <strong>a mortgage of 1<\/strong><strong><sup>first<\/sup><\/strong><strong> first-degree<\/strong><strong><sup>1stdegree<\/sup><\/strong><strong> on the asset<\/strong> and will have a term of <strong>18 months<\/strong> (+6 months of possible extension). This loan will correspond to the first phase of a total loan structured in three phases (with the following two phases being optional, in amounts of \u20ac2,000,000 and \u20ac2,000,000). Of this first phase, \u20ac2,490,660 will be used to pay off the debt, and the remainder will cover loan structuring costs and other expenses, while 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\"><strong>To date, the developer has contributed<\/strong> <strong>\u20ac2,287,088.50 of its<\/strong> <strong>own funds<\/strong> toward the acquisition and will contribute an additional \u20ac300,000 on the day the contract is signed. The developer\u2019s total contribution represents 27.71% of the total funds required to carry out the project. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Investors are expected to exit wecity as the homes are sold.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">AInvest<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In this opportunity, AInvest is applied.  <\/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-Velazquez_p-1-1024x606.jpg\" alt=\"\" class=\"wp-image-27379\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-1-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-1-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-1-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-1-1536x909.jpg 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-1-2048x1213.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-Velazquez_p-2-1024x606.jpg\" alt=\"\" class=\"wp-image-27384\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-2-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-2-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-2-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-2-1536x909.jpg 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-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-Velazquez_p-3-1024x606.jpg\" alt=\"\" class=\"wp-image-27389\" style=\"width:861px;height:undefinedpx\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-3-1024x606.jpg 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-3-300x178.jpg 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-3-768x455.jpg 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-3-1536x909.jpg 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/07\/wecity_imag_inversion_Madrid-Velazquez_p-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!1d3036.808213023323!2d-3.6861608236285335!3d40.43524547143658!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd4228ea92cf1e99%3A0xd1eaaa008de7599f!2sCalle%20Vel%C3%A1zquez%2C%2097%2C%20Salamanca%2C%2028006%20Madrid!5e0!3m2!1ses!2ses!4v1785237986712!5m2!1ses!2ses\" width=\"800\" height=\"600\" style=\"border:0;\" allowfullscreen=\"\" loading=\"lazy\" referrerpolicy=\"strict-origin-when-cross-origin\"><\/iframe>\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 97 Vel\u00e1zquez 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 \u20ac6,293,701.83, and the Appraised Value Based on the Assumption of a Completed Building (HET) is \u20ac11,618,334.47. The loan to be granted to the developer is \u20ac2,750,000.00, which represents a Loan-to-Value (LTV) ratio based on the HET of 58.10%. <\/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":27283,"template":"","class_list":["post-27468","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/27468","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\/27283"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=27468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}