{"id":28332,"date":"2026-10-09T13:50:18","date_gmt":"2026-10-09T11:50:18","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/gran-canaria-telde-ii\/"},"modified":"2026-10-14T11:46:34","modified_gmt":"2026-10-14T09:46:34","slug":"gran-canaria-telde-ii","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/gran-canaria-telde-ii\/","title":{"rendered":"Gran Canaria Telde II"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">wecity 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> Technical expenses.<\/li>\n\n\n\n<li><strong>Collateral:<\/strong><sup>1st <\/sup>degree mortgage.<\/li>\n\n\n\n<li><strong>Term:<\/strong> 6 months (possible 6-month extension)<\/li>\n\n\n\n<li><strong>Required compliance: <\/strong>6 months.<\/li>\n\n\n\n<li><strong>Interest rate:<\/strong> 11 % p.a.<\/li>\n\n\n\n<li><strong>Estimated total return:<\/strong> 5.5%<\/li>\n\n\n\n<li><strong>Interest payment:<\/strong> at maturity.<\/li>\n\n\n\n<li><strong>Loan maturity date:<\/strong> April 27, 2027<\/li>\n\n\n\n<li><strong>Current (preliminary) appraisal: <\/strong>\u20ac5<strong> <\/strong>,321,396.00<strong> | LTV Phase II:<\/strong> 65.77%<\/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> \u20ac1,798,558<\/li><\/ul>\n<ul class=\"wp-block-list\">\n<li><strong>wecity Loan (Phase II):<\/strong> 1,200,000 \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\n\n\n<li>The developer has 30 days to sign the document at a notary&#8217;s office.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">The developer <strong>SERENEA BY UNIK S.L.<\/strong> is seeking financing through <strong>wecity<\/strong> to cover technical expenses, earthwork costs, and site preparation for the development of <strong>274 homes distributed across 5 buildings in Las Huesas, Telde.<\/strong> These five buildings are: the Apolo Building (166 homes), Zeus (22), Hera (19), Atenea (22), and Hermes (45).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">From an urban planning perspective, the building permit has already been applied for and the ICIO tax has been paid; at the same time, municipal regulations allow the developer to begin earthwork without having to wait for the permit to be granted. The centerpiece of the project is the Apollo Building, which was the first to begin marketing in order to facilitate the securing of bank financing. From a commercial standpoint, the developer currently has 14 reservations for the Apollo Building (Phase I of the project) and will reach 20% sales in this building before the loan is finalized (Phase II of the project).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The developer is requesting \u20ac3,500,000 in financing, to be disbursed in two phases: the first for \u20ac2,300,000 and the second for \u20ac1,200,000. The total <strong>loan amount for this second phase<\/strong> is <strong>\u20ac1,200,000<\/strong> , secured by a first- <strong>degree<\/strong> <strong><sup>mortgage<\/sup><\/strong> on the property, with an approximate term of <strong>6 months<\/strong> (plus a possible 6-month extension). The funds will be used to finance construction costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The developer has contributed \u20ac1,798,558.00 in equity toward the purchase of the lots and the payment of technical costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The exit of <strong>wecity<\/strong> investors is planned with the entry of <strong>bank financing.<\/strong><\/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-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"606\" src=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/04\/wecity_imag_inversion_Las-Palmas-Telde-1024x606.png\" alt=\"\" class=\"wp-image-24833\" srcset=\"https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/04\/wecity_imag_inversion_Las-Palmas-Telde-1024x606.png 1024w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/04\/wecity_imag_inversion_Las-Palmas-Telde-300x178.png 300w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/04\/wecity_imag_inversion_Las-Palmas-Telde-768x455.png 768w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/04\/wecity_imag_inversion_Las-Palmas-Telde-1536x909.png 1536w, https:\/\/www.wecity.com\/wp-content\/uploads\/2026\/04\/wecity_imag_inversion_Las-Palmas-Telde.png 1716w\" 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!1d3523.239688558178!2d-15.395345499999998!3d27.986562299999996!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0xc40bd527c0a9833%3A0x6468c9bfccbe0f33!2sC.%20Juan%20Rufo%20Guti%C3%A9rrez%2C%2035215%20Las%20Huesas%2C%20Las%20Palmas!5e0!3m2!1ses!2ses!4v1776251713625!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>1st<\/sup> degree mortgage on the asset, located at Calle Juan Rufo Guti\u00e9rrez<strong>, Telde <\/strong>(Gran Canaria).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the appraisal report prepared by <strong><strong>the Appraisal Firm<\/strong><\/strong>, the current appraised value is \u20ac5,321,396.00. The loan to be granted to the developer in this second phase is \u20ac1,200,000, which represents a Phase II Loan-to-Value (LTV) ratio of <strong>65.77<\/strong> %.<\/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 wecity&#8217;s investors shall be carried out 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 indicated in the loan agreement. <\/p>\n\n\n\n<div style=\"height:16px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" style=\"font-size:24px\">Rating<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">wecity, 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 wecity.  <\/p>\n","protected":false},"featured_media":28324,"template":"","class_list":["post-28332","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/28332","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\/28324"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=28332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}