{"id":27979,"date":"2026-09-22T11:36:35","date_gmt":"2026-09-22T09:36:35","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/milan-busto-arsizio\/"},"modified":"2026-09-22T17:37:18","modified_gmt":"2026-09-22T15:37:18","slug":"milan-busto-arsizio","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/milan-busto-arsizio\/","title":{"rendered":"Milan-Busto Arsizio"},"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> Construction.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong><sup>First-lien <\/sup>mortgage.<\/li>\n\n\n\n<li><strong>Term:<\/strong> 18 months (with a possible 6-month extension).<\/li>\n\n\n\n<li><strong>Minimum repayment period: <\/strong>6<strong> <\/strong>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> 16.50%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current appraisal value:<\/strong> \u20ac1,808,000 <\/li>\n\n\n\n<li><strong>Appraised Value: \u20ac<\/strong>6 ,790,000<strong> | LTV:<\/strong> 44.18%<\/li>\n\n\n\n<li><strong>1st Drawdown:<\/strong> \u20ac190,000 <strong>| LTV for 1st Drawdown: <\/strong>10 .51%<\/li>\n\n\n\n<li><strong>Rating<\/strong>: <a href=\"https:\/\/www.wecity.com\/en\/risk-assessment-model\/\">A<\/a><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:<\/strong> \u20ac1,790,000<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>wecity loan:<\/strong> \u20ac1,400,000.00<\/li>\n\n\n\n<li><strong>Other investors: <\/strong>\u20ac600<strong> <\/strong>,000<\/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>Tea Real Estate<\/strong> is seeking financing through <strong>wecity<\/strong> for the renovation of a building located at Via Giordano Bruno 9-11 (Busto Arsizio, Milan, <strong>Italy<\/strong>), where <strong>17 apartments and 21 parking spaces<\/strong> will be developed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The building has a total floor area of 2,115 m\u00b2 and construction is 22% complete. From <strong>a<\/strong> <strong>land-use planning<\/strong> <strong>perspective<\/strong>, the <strong>building permit<\/strong> was obtained in April of this year. From a commercial perspective, the sale of the assets will begin once the developer has resumed construction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project will be financed through a fixed-rate mortgage loan totaling <strong>\u20ac3,000,000 in three phases<\/strong>, with an annual interest rate of <strong>11% and a standard term of 18 months plus a possible 6-month extension.<\/strong> In this  phase, we will finance <strong>Phase I of the loan in the amount of \u20ac1,400,000 through a fixed-rate mortgage loan<\/strong> <strong>secured by a first-priority mortgage<\/strong><strong><sup>1<\/sup><\/strong><strong>on the property. The funds<\/strong> will be used to finance the initial phase of the  construction work.  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The developer has contributed<\/strong> <strong>\u20ac1,790,000 in<\/strong> <strong>equity<\/strong> <strong><\/strong>toward the acquisition of the asset, the licenses, and the initial construction phase, which represents <strong>33.2% of the total funds required to carry out the project.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors are expected to <strong>exit<\/strong> <strong>wecity<\/strong> through the sale of its assets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">AInvest<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In this instance, AInvest is used.<\/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=\"27940\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-1-1-1024x606.png\" alt=\"\" class=\"wp-image-27940\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-1-1-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-1-1-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-1-1-767x454.png 767w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-1-1-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-1-1.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\" data-id=\"27945\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-2-1-1024x606.png\" alt=\"\" class=\"wp-image-27945\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-2-1-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-2-1-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-2-1-767x454.png 767w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-2-1-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-2-1.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\" data-id=\"27950\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-3-1024x606.png\" alt=\"\" class=\"wp-image-27950\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-3-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-3-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-3-767x454.png 767w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-3-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-3.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\" data-id=\"27960\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-5-1024x606.png\" alt=\"\" class=\"wp-image-27960\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-5-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-5-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-5-767x454.png 767w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-5-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Milan-Busto-Arsizio_p-5.png 1716w\" 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=!1m18!1m12!1m3!1d2791.1224959112446!2d8.835365764096466!3d45.6081822731941!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x47868b99b38c793d%3A0x19351fc11db21d63!2sVia%20Giordano%20Bruno%2C%209%2F11%2C%2021052%20Busto%20Arsizio%20VA%2C%20Italia!5e0!3m2!1ses!2ses!4v1790069531382!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 in <strong>Busto Arsizio<\/strong> (Via Giordano Bruno 9-11)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the appraisal report prepared by RYZE, the <strong>Current Appraised Value<\/strong> is \u20ac1,808,000 and the <strong>Appraised Value Based on the Assumption of a Completed Building<\/strong>(HET) is \u20ac6,790,000. The loan to be granted to the developer is 1,400,000, representing a Loan-to-Value (LTV) ratio of 44.<strong>18%<\/strong> based on the HET and a Loan-to-Value ratio of 10.51% 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 <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 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":27966,"template":"","class_list":["post-27979","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/27979","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\/27966"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=27979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}