{"id":28016,"date":"2026-09-22T15:14:31","date_gmt":"2026-09-22T13:14:31","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/figueira-da-foz-buarcos\/"},"modified":"2026-09-23T11:09:39","modified_gmt":"2026-09-23T09:09:39","slug":"figueira-da-foz-buarcos","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/figueira-da-foz-buarcos\/","title":{"rendered":"Figueira da Foz Buarcos"},"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> To finance part of the acquisition and work.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong><sup>1st <\/sup>degree mortgage.<\/li>\n\n\n\n<li><strong>Duration:<\/strong> 9 months (plus a possible 3-month extension).<\/li>\n\n\n\n<li><strong>Mandatory compliance: <\/strong>4<strong> <\/strong>months.<\/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> 8.625%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Current RICS Appraisal: <\/strong>\u20ac1<strong> <\/strong>,797,500<strong> | LTV for First Mortgage: <\/strong>55 . 63 %<\/li>\n\n\n\n<li><strong>HET appraisal value:<\/strong> \u20ac2<strong> <\/strong>,407,400<strong> | HET LTV:<\/strong> 41.53%<\/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> \u20ac535,000<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>wecity loan:<\/strong> 1.000.000,00 \u20ac<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Minimum investment:<\/strong> 500 \u20ac<\/li>\n\n\n\n<li><strong>Maximum investment: <\/strong>500 \u20ac during the first ten minutes.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The developer <strong>HUUS2ATLANTIC<\/strong> is seeking financing through <strong>wecity<\/strong> to pay off an outstanding debt used to cover construction costs and to fund the completion of renovation work on a building consisting of a total of 8 separate units, for sale, located at Rua Goltz de Carvalho, 16, in Buarcos, in the city of <strong>Figueira da Foz, Portugal.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The property has a floor area of 149 m\u00b2 and a gross floor area of 552 m\u00b2, and holds <strong>a building permit issued<\/strong> on September 23, 2025. According to the appraisal, <strong>construction<\/strong> is <strong>59% complete. On the sales front, marketing has recently begun<\/strong>, and the developer has not yet sold any units\u20140% (0 out of 8).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total cost of the development is \u20ac1,535,000 (purchase price + soft and hard costs), and projected sales are valued at \u20ac2,520,000. The construction cost is \u20ac2,780 per square meter, and the sales price is \u20ac4,565 per square meter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project will be financed through a <strong>fixed-rate mortgage loan in the amount of \u20ac1,000,000<\/strong> and will be <strong>secured by a first-lien mortgage on the asset. The estimated term of the loan is 9 months<\/strong> (+3 <strong>months<\/strong> of possible extension).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To date, <strong>the<\/strong> <strong>developer has contributed<\/strong> <strong>\u20ac535,000 in equity funds,<\/strong> which have been used to finance the acquisition and fees. As for the current progress of the construction work, it has been financed through a loan from a third party.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With regard to the loan collateral, it should be noted that the building currently has an appraised value of <strong>\u20ac1,797,500.<\/strong> Meanwhile, the hypothetical appraised value of the completed building amounts to <strong>\u20ac2,407,400.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The exit strategy for Wecity investors<\/strong> is planned to occur upon the sale of the homes once construction is 100% complete, the necessary permits are obtained, and the properties are delivered to the buyers.<\/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\">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=\"27988\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-1-1024x606.png\" alt=\"\" class=\"wp-image-27988\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-1-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-1-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-1-767x454.png 767w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-1-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-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=\"27993\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-2-1024x606.png\" alt=\"\" class=\"wp-image-27993\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-2-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-2-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-2-767x454.png 767w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-2-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-2.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=\"27998\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-3-1024x606.png\" alt=\"\" class=\"wp-image-27998\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-3-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-3-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-3-767x454.png 767w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-3-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-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=\"28003\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-4-1024x606.png\" alt=\"\" class=\"wp-image-28003\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-4-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-4-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-4-767x454.png 767w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-4-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/09\/wecity_imag_inversion_Figueira-da-Foz-Buarcos-4.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!1d3048.9889980758985!2d-8.879958048146555!3d40.16479867024871!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xd2237a9a9ecd7bd%3A0x60083283b3717b69!2sR.%20Goltz%20de%20Carvalho%2016%2C%203080-264%20Buarcos%2C%20Portugal!5e0!3m2!1ses!2ses!4v1790082720385!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 Rua Goltz de Carvalho 16, Figueira da Foz, <strong>Portugal<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the appraisal report prepared by <strong>Gesvalt<\/strong>, the current appraised value is \u20ac1,797,500, and the appraised value based on the completed building scenario (HET) is \u20ac2,407,400. The loan to be granted to the developer at this stage is \u20ac1,000,000. This represents a current Loan-to-Value (LTV) ratio of 55.63% and a Loan-to-Value (LTV) ratio based on the completed building (HET) of 41.53%.<\/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":28009,"template":"","class_list":["post-28016","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/28016","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\/28009"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=28016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}