{"id":27921,"date":"2026-09-11T12:25:43","date_gmt":"2026-09-11T10:25:43","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-juan-de-olias-iii\/"},"modified":"2026-09-22T18:07:57","modified_gmt":"2026-09-22T16:07:57","slug":"madrid-juan-de-olias-iii","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-juan-de-olias-iii\/","title":{"rendered":"Madrid Juan de Ol\u00edas III"},"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 wecity<\/a> may invest in this offering. 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>Purpose of the loan:<\/strong> Construction.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong><sup>First-priority <\/sup>mortgage.<\/li>\n\n\n\n<li><strong>Term:<\/strong> 11 months (+6-month extension possible)<\/li>\n\n\n\n<li><strong>Maturity date:<\/strong> August 17, 2027<\/li>\n\n\n\n<li><strong>Interest rate:<\/strong> 11.50% per annum.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 10.54%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current ECO Appraisal: \u20ac<\/strong>3<strong> <\/strong>,315,451.23<\/li>\n\n\n\n<li><strong>ECO HET Appraisal: <\/strong>5.683.000\u20ac <strong>| LTV: <\/strong>48 . 57<strong> <\/strong>%<\/li>\n\n\n\n<li><strong>First Drawdown: \u20ac<\/strong>2<strong> <\/strong>,230,838 <strong>| LTV: <\/strong>67<strong> <\/strong>.28%<\/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>Contributions:<\/strong><ul><li><strong>Developer&#8217;s contribution:<\/strong> \u20ac1,544,468.66 <\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>wecity Phase III Loan:<\/strong> \u20ac750,000<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Minimum investment:<\/strong> \u20ac500 <\/li>\n\n\n\n<li><strong>Maximum investment:<\/strong> \u20ac500 during the first ten minutes.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The development company <strong>IBERIA VIVA CAPITAL SL<\/strong> is requesting <strong>,<\/strong> through <strong>wecity<\/strong>, the activation of <strong>Phase III of the \u201cMadrid, Juan de Ol\u00edas\u201d project<\/strong> to continue the renovation of a building located at <strong>21 Juan de Ol\u00edas<\/strong> Street <strong>in Madrid.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The building has a buildable area of 1,222.11<sup>m\u00b2<\/sup>, where a mixed-use building is being renovated to create 20 lofts and 1 residential unit.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From an urban planning perspective, <strong>the project has held a building permit<\/strong> since September 2025, and construction has already begun, with progress currently at <strong>73.04%<\/strong> <strong>(according to the latest certification issued by the project management team)<\/strong><strong><sup>1<\/sup><\/strong><strong>.<\/strong> The developer intends to retain the asset as part of its portfolio and operate it to generate rental income. From a commercial standpoint, the project has not generated any sales because the developer plans to retain the asset to generate returns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total amount of the loan to date is \u20ac2,750,000.00, disbursed in three phases. On this occasion, <strong>Phase III of the loan<\/strong> will <strong>be financed in the amount of \u20ac750,000 at a fixed rate<\/strong>; it will be <strong>secured by a first-lien mortgage<\/strong> <strong>on the asset<\/strong> and will have an <strong>estimated term<\/strong> <strong>of 11 months<\/strong>, maturing on August 17, 2027<strong><sup>3<\/sup><\/strong> (plus a possible 6-month extension). <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To date, the <strong>developer has contributed<\/strong> <strong>\u20ac1<\/strong> <strong>,544,468<\/strong> <strong>.66 in<\/strong> <strong>equity funds<\/strong> for the acquisition of the building and the commencement of construction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors are expected to exit <strong>wecity<\/strong> once bank financing is secured and the asset begins to generate income.<\/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 case. <\/p>\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!1d24297.119681688757!2d-3.6700159999999995!3d40.42789965!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd4228ffd84f761b%3A0xfb62e15838ec7e11!2sC.%20de%20Juan%20de%20Ol%C3%ADas%2C%2021%2C%20Tetu%C3%A1n%2C%2028020%20Madrid!5e0!3m2!1ses!2ses!4v1770036720091!5m2!1ses!2ses\" width=\"800\" height=\"600\" style=\"border:0;\" allowfullscreen=\"\" loading=\"lazy\" referrerpolicy=\"no-referrer-when-downgrade\"><\/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-lien<\/sup> mortgage on the property located at Calle de Juan de Ol\u00edas, 21 (Madrid).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the appraisal report prepared by <strong><strong>Tinsa<\/strong><\/strong>, the Current Appraised Value is \u20ac3,315,451.23, and the Appraised Value on a Completed Building Basis (HET) is 5.683.000\u20ac. The loan to be granted to the developer in this third phase is 750,000 \u20ac, which represents a Loan-to-Value (LTV) ratio of 48.57% based on the Completed Building Valuation (HET) and an LTV ratio of 67.28% for the first drawdown.<\/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 wecity investors will be handled by an entity external to wecity.<\/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 methodology<\/a><br> used to calculate project ratings. If the calculation is based on unaudited financial statements, this will be clearly stated in the methodology 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 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":23863,"template":"","class_list":["post-27921","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/27921","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\/23863"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=27921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}