{"id":27742,"date":"2026-08-27T09:42:08","date_gmt":"2026-08-27T07:42:08","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/cantabria-castaneda\/"},"modified":"2026-08-28T13:43:05","modified_gmt":"2026-08-28T11:43:05","slug":"cantabria-castaneda","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/cantabria-castaneda\/","title":{"rendered":"Cantabria Casta\u00f1eda"},"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>: Residential.<\/li>\n\n\n\n<li><strong>Purpose of the loan:<\/strong> Purchase.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong><sup>1st <\/sup>degree mortgage.<\/li>\n\n\n\n<li><strong>Term:<\/strong> 12 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> 11% per year.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 11%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current ECO Appraisal: \u20ac5 <\/strong>,486,271.07 <strong>| Current LTV: 15 <\/strong>. <strong>03 <\/strong>%<\/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> \u20ac591,718.33<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>wecity loan:<\/strong> \u20ac825,000.00<\/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 Cooper Rental S.L., a company managed by <strong>Cooperhousing Gestora, is seeking <\/strong>financing through <strong>wecity<\/strong> for the purchase of several lots and a building located at 78 Villaba\u00f1ez Street, Casta\u00f1eda (Cantabria).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The lot has an area of 9,570 m\u00b2 and a buildable area of 7,920.75 m\u00b2, where a development consisting of six buildings (80 units). This round of financing will cover the first phase of 26 units, which will include parking spaces and storage units.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From a zoning perspective, the site has been granted a building permit. Construction is estimated to be approximately 44% complete.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From a sales perspective, the developer has just begun marketing the project, with 0% of units sold (0 out of 26).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total amount of the loan is <strong>\u20ac825,000<\/strong> and will be <strong>secured by a first-lien mortgage<\/strong><strong><sup>1 <\/sup><\/strong>on the property and will have a term of 12 months (+3 months potential extension).<strong> <\/strong>The loan will be used entirely for the purchase of the property.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The developer will contribute <strong>equity<\/strong> in the amount of<strong> \u20ac591,718.33<\/strong><strong> <\/strong>at the time of signing, which will be<strong> <\/strong>used for the purchase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The exit of the <strong>Wecity<\/strong> investors is planned to coincide with the receipt of bank financing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">AInvest<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">AInvest does not apply in this instance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Project<\/h2>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-2 is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"606\" data-id=\"27695\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda_p-1024x606.png\" alt=\"\" class=\"wp-image-27695\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda_p-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda_p-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda_p-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda_p-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda_p-2048x1213.png 2048w\" 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\" data-id=\"27706\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-2-1024x606.png\" alt=\"\" class=\"wp-image-27706\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-2-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-2-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-2-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-2-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-2-2048x1213.png 2048w\" 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\" data-id=\"27711\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-3-1024x606.png\" alt=\"\" class=\"wp-image-27711\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-3-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-3-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-3-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-3-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-3-2048x1213.png 2048w\" 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\" data-id=\"27716\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-4-1024x606.png\" alt=\"\" class=\"wp-image-27716\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-4-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-4-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-4-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-4-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/08\/wecity_imag_inversion_Cantabria-Castaneda-4-2048x1213.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/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=!1m17!1m12!1m3!1d2751.5958804740644!2d-3.956577!3d43.318813!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m2!1m1!2zNDPCsDE5JzA3LjciTiAzwrA1NycyMy43Ilc!5e1!3m2!1ses!2ses!4v1787817686971!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 78 Villaba\u00f1ez Street, Casta\u00f1eda (<strong>Cantabria<\/strong>).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the appraisal report prepared by <strong>Tecnitasa<\/strong>, the current appraised value is <strong>\u20ac5,486,271.07.<\/strong> The developer will contribute <strong>\u20ac591,718.33 in equity,<\/strong> which will be used for the acquisition. The loan to be granted to the developer through <strong>wecity<\/strong> is <strong>\u20ac825,000.00,<\/strong> of which <strong>\u20ac612,463.67 will be<\/strong> used for the acquisition <strong>,<\/strong> <strong>\u20ac183,836.64<\/strong> toward technical expenses, and the remaining <strong>\u20ac28,699.69<\/strong> toward loan structuring and <strong>wecity<\/strong>\u2019s commission. This represents a <strong>current Loan-to-Value (LTV)<\/strong> ratio <strong>of 15.03%.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Collateral Agent<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The creation, maintenance, management, administration, and, where applicable, enforcement of the security interest on behalf of <strong>wecity<\/strong> investors will be handled 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 specified 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 participatory financing services and in compliance with Delegated Regulation (EU) 2024\/358, which supplements 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> used to calculate project ratings. If the calculation is based on unaudited financial statements, this will be clearly stated in the method description.<\/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 provisions requested. 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":27696,"template":"","class_list":["post-27742","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/27742","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\/27696"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=27742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}