{"id":8940,"date":"2023-11-30T13:25:26","date_gmt":"2023-11-30T12:25:26","guid":{"rendered":"https:\/\/www.wecity.com\/oportunidades\/madrid-live-colmenar\/"},"modified":"2025-03-13T14:12:51","modified_gmt":"2025-03-13T13:12:51","slug":"madrid-live-colmenar","status":"publish","type":"oportunidades","link":"https:\/\/www.wecity.com\/en\/opportunities\/madrid-live-colmenar\/","title":{"rendered":"Madrid-Live Colmenar"},"content":{"rendered":"\n

WECITY complies with Law 5\/2015 and with Regulation<\/strong> (EU) 2020\/1503 of the European Parliament and of the Council<\/strong> of 7 October 2020 on European providers of crowdfunding services for companies. It is authorized by the CNMV<\/strong> as a Participatory Financing Platform registered under number 30<\/strong>, with a favorable proposal from the Bank of Spain<\/strong>.<\/p>\n\n\n\n

Live Colmenar Sociedad Cooperativa Madrile\u00f1a<\/strong> requests financing from wecity for this investment opportunity.<\/p>\n\n\n\n

Investor, before making your investment please read the basic information for the investor client<\/a>.<\/p>\n\n\n\n

<\/div>\n\n\n\n

The investment<\/h2>\n\n\n\n

The investment opportunity consists of a 1st degree mortgage loan<\/strong> to finance the purchase of a plot of land<\/strong> located in Josefina Castellv\u00ed street, in the “Cerca Tejera” sector, Colmenar Viejo (Madrid)<\/strong>. The exit of wecity’s investors will take place with the entry of bank financing once the building permit is obtained.<\/p>\n\n\n\n

The plot, with a total area of 2,334 m2<\/sup> , has an approximate buildable area of 1,880 m2<\/sup> where 10 semi-detached houses<\/strong> with garage and swimming pool will be built. 100% of the homes (10 of 10 units) have already been awarded to cooperative members<\/strong>, who have made contributions of between 50,000 euros and 65,000 euros.<\/p>\n\n\n\n

The total funds required for the purchase of the plot is \u20ac1,751,000. The cooperative contributes with its own funds in the amount of 676,000 (38.60%) and requests a loan of 1,075,000 \u20ac at a fixed rate from wecity<\/strong>. This loan has a 1st degree mortgage guarantee<\/strong>. As an additional guarantee<\/strong>, 163,000 \u20ac of the VAT refund to the company corresponding to the acquisition is pledged in this project.<\/p>\n\n\n\n

Through wecity you can participate in a fixed rate loan<\/strong> operation with an annual interest rate of 10% in an estimated term of 6 months<\/strong> (6 months of obligatory compliance) with a possibility of extension of 3 additional months.<\/strong><\/p>\n\n\n\n

With a minimum investment of 500 \u20ac, you can participate in this opportunity with an excellent profitability and with the maximum guarantees. The estimated total return is 5% for 6 months or 7.5% if the final term is with the 3-month extension.<\/p>\n\n\n\n

The payment of interest + the return of the invested capital will be made at maturity.<\/strong><\/p>\n\n\n\n

<\/div>\n\n\n\n

Opportunity keys<\/h2>\n\n\n\n
\n
    \n
  • Purpose of the loan: <\/strong>Acquisition costs of a plot of land for the development of 10 single-family homes on Calle Josefina Castellv\u00ed, in the Cerca Tejera sector, Colmenar Viejo (Madrid).<\/li>\n\n\n\n
  • Guarantee: <\/strong>1st degree mortgage.<\/li>\n\n\n\n
  • Term:<\/strong> 6 months (+ 3 months possible extension).<\/li>\n\n\n\n
  • Interest rate:<\/strong> 10% per annum.<\/li>\n\n\n\n
  • Estimated total yield: <\/strong>5%.<\/li>\n\n\n\n
  • Interest payment: <\/strong>at maturity<\/li>\n\n\n\n
  • ECO appraisal: <\/strong>\u20ac1,502,120 (LTV: 71.56%)<\/strong><\/li>\n\n\n\n
  • Contributions:<\/strong>\n
      \n
    • Cooperative: \u20ac676,000 of equity (38.60%).<\/li>\n\n\n\n
    • wecity investors: \u20ac1,075,000.<\/li>\n<\/ul>\n<\/li>\n\n\n\n
    • Minimum investment:<\/strong> \u20ac500.<\/li>\n\n\n\n
    • Maximum investment:<\/strong> No limits.<\/li>\n<\/ul>\n<\/div><\/div>\n\n\n\n
      <\/div>\n\n\n\n

      ECO Valuation<\/h2>\n\n\n\n

      The current appraisal for mortgage guarantee purposes (ECO Order 805\/2003) amounts to \u20ac1,502,120.<\/p>\n\n\n\n

      The loan to be made to the company is 1,075,000 \u20ac,<\/strong> which means a Loan to Value (LTV) over the current appraisal of 71.56 %.<\/strong><\/p>\n\n\n\n

      The independent appraiser in charge of identifying the value is ST Sociedad de Tasaci\u00f3n<\/strong>, whose corporate name is ST Sociedad de Tasaci\u00f3n SA, and which is registered as an approved appraisal company by the Bank of Spain under number 4301.<\/strong><\/p>\n\n\n\n

      <\/div>\n\n\n\n

      The project<\/h2>\n\n\n\n

      The project consists of 10 single-family homes<\/strong>, 8 semi-detached and 2 detached, with garage and private swimming pool. The houses, of more than 188 m2<\/sup> built, will be developed on plots of more than 300 m2<\/sup>.<\/p>\n\n\n\n

      \"Inversi\u00f3n<\/figure>\n\n\n\n

      Ground Floor<\/strong> (You can see the rest of the floor plans in the Documents section)<\/p>\n\n\n\n

      \"Inversi\u00f3n<\/figure>\n\n\n\n
      \"Inversi\u00f3n<\/figure>\n\n\n\n
      \"Inversi\u00f3n<\/figure>\n\n\n\n
      <\/div>\n\n\n\n

      Location<\/h2>\n\n\n\n

      Josefina Castellv\u00ed Street, Sector SUP-7 “Cerca de la Tejera”. Colmenar Viejo, Madrid<\/strong><\/p>\n\n\n\n

      Located in Colmenar Viejo, north of Madrid, it is an attractive residential enclave surrounded by nature and mountains. It borders La Pedriza<\/strong>, in the Sierra de Guadarrama<\/strong>, considered one of the largest nature reserves in the Community of Madrid.<\/p>\n\n\n\n

      Its infrastructure includes schools, sports and health centers, as well as excellent connectivity with Madrid through roads and public transportation.<\/p>\n\n\n\n

      The community stands out for its high purchasing power, which drives the demand for luxury properties.<\/strong> This combination of factors makes it an unbeatable option for the development of exclusive and high quality real estate projects.<\/p>\n\n\n\n

      \"Inversi\u00f3n<\/figure>\n\n\n\n
      <\/div>\n\n\n\n

      The mortgage guarantee<\/h2>\n\n\n\n

      The loan will be secured by a 1st degree mortgage<\/strong> on the building located at Calle Josefina Castellv\u00ed, Colmenar Viejo<\/strong>. The loan to be granted to the developer is \u20ac1,075,000,<\/strong> which represents a Loan to Value (LTV) over the current appraisal of 71.56%.<\/strong><\/p>\n\n\n\n

      <\/div>\n\n\n\n

      Collateral agent<\/h2>\n\n\n\n

      The constitution, preservation, management, administration and, if applicable, enforcement of the real estate mortgage rights on behalf of the investors will be carried out by an entity external to wecity.<\/p>\n\n\n\n

      In this case the designated Collateral Agent is BONDHOLDERS.<\/strong><\/p>\n\n\n\n

      Bondholders, is a professional company specialized mainly in providing independent commission agent and escrow services over different asset classes and under numerous international jurisdictions.<\/p>\n\n\n\n

      In recent years Bondholders has been mandated as agent and arranger in more than 400 transactions representing a total of nearly 200 billion euros in debt.<\/p>\n\n\n\n

      Its main clients include, among others, financial institutions, institutional clients, asset managers, sovereign government agencies.<\/p>\n\n\n\n

      Currently one of the leaders in Europe in providing independent fiduciary services.<\/strong><\/p>\n\n\n\n

      <\/div>\n\n\n\n

      Monitoring<\/h2>\n\n\n\n

      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\n\n\n

      <\/p>\n","protected":false},"featured_media":8790,"template":"","class_list":["post-8940","oportunidades","type-oportunidades","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/oportunidades\/8940","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\/8790"}],"wp:attachment":[{"href":"https:\/\/www.wecity.com\/en\/wp-json\/wp\/v2\/media?parent=8940"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}