Terms & Conditions
Last updated: January 15, 2026
These Terms and Conditions govern the access and use of the digital crowdlending real estate platform operated by Velxico SpA ("Velxico", "we" or "the Platform"). By accessing or using the platform, you agree to be bound by these terms.
1. Service Provider Identification
Velxico SpA, a company incorporated under the laws of the Republic of Chile, registered in the Santiago Commerce Registry, Folio No. 23,847, year 2021, Tax ID 77.456.789-K, with registered office at Av. Apoquindo 4700, Floor 12, Las Condes, Santiago, Chile. Velxico operates as a real estate collective financing platform under authorization from the Financial Markets Commission (CMF) pursuant to Law No. 21,521.
2. Nature of the Service
Velxico is a technology platform that facilitates collective investment in real estate projects through the crowdlending model. The platform acts exclusively as an intermediary between investors and real estate project promoters. Velxico does not guarantee returns on investments nor assumes responsibility for project performance. Every investment carries risks, including the possible partial or total loss of invested capital.
3. Registration Requirements
To use Velxico's investment services, you must: (a) Be at least 18 years old and have full legal capacity to contract; (b) Be a tax resident in Chile or have the necessary documentation for foreign investors; (c) Complete the identity verification process (KYC) in accordance with anti-money laundering regulations; (d) Provide truthful, complete, and up-to-date information.
4. Investment Operations
Investments through Velxico work under the real estate crowdlending model: funds contributed by multiple investors are allocated to specific real estate development projects. The terms of each project, including timeline, estimated return rate, and risk level, are detailed in the project sheet within the platform. Profit distribution is made proportionally to the amount invested by each participant.
5. Risks and Responsibilities
The user acknowledges and accepts that: (a) Every real estate investment carries inherent risks, including market fluctuations, construction delays, and regulatory changes; (b) Past returns do not guarantee future returns; (c) Velxico is not responsible for the user's investment decisions; (d) Crowdlending real estate investment may not be suitable for all investor profiles.
6. Fees and Costs
Velxico charges a commission for investment intermediation, the amounts and conditions of which are detailed in each specific project and in the platform's fee section. All fees are expressed in Chilean pesos (CLP) and include applicable taxes under current tax legislation.
7. Intellectual Property
All content on the platform, including texts, graphics, logos, images, software, and design, is the property of Velxico SpA or its licensors, and is protected by Chilean intellectual property laws and applicable international treaties. Reproduction, distribution, or modification of these contents without express authorization from Velxico is prohibited.
8. Dispute Resolution
Any dispute arising from these Terms and Conditions shall preferably be resolved through direct negotiation. Failing an agreement, the parties submit to the jurisdiction of the ordinary courts of Santiago, Chile, in accordance with current Chilean legislation.
9. Applicable Law
These Terms and Conditions are governed by the laws of the Republic of Chile, in particular Law No. 21,521 on Fintech and Financial Services, Law No. 19,496 on Consumer Rights Protection, and other applicable regulations.
10. Modifications
Velxico reserves the right to modify these Terms and Conditions at any time. Modifications will take effect upon publication on the platform. Continued use of the platform after the publication of modifications constitutes acceptance of the new terms.