The amount required to refinance the loan is 30,000 Eur. The loan maturity is 12 months, interest is 16%.
The loan will be redeemed by selling the asset.
Total area: 95.51 sq. M. m
According to the latest evaluation of the real estate agency "Vestus" UAB, all fully equipped offices No. 1 pre-market value of EUR 154,000.
Market value date: 11/27/2017
Method of determining market value: Comparative and income estimation
The primary mortgage is a loan from the bank, the loan size is 79 000 euro.
Planned sales revenue is based on the income approach:
Pessimism scenario: sales price - 1792.5 EUR per 1 sq. Km. m (10% return)
Realistic scenario: selling price - 1989 EUR per 1 sq. Km. m (9% percent return)
Optimistic scenario: selling price - 2240 EUR per 1 sq. Km. m (Return on 8% percent)
Income
10% return on investment to the Buyer (easier sales of offices, lower price, planned sales duration 3-4 months)
Room Name
|
Total area of the property (sq. M)
|
Room rental price (Eur / month)
|
Recoverability (years)
|
Room rental return,%
|
Price, Eur (sq. M)
|
Room price, Eur
|
Room no.21
|
23,56
|
345
|
10
|
10,0
|
1757,2
|
41400
|
Room no.22
|
17,92
|
270
|
10
|
10,0
|
1808,0
|
32400
|
Room no.23
|
18,02
|
270
|
10
|
10,0
|
1798,0
|
32400
|
Room no.24
|
18,08
|
270
|
10
|
10,0
|
1792,0
|
32400
|
Room no.25
|
17,93
|
270
|
10
|
10,0
|
1807,0
|
32400
|
*The rooms are min rentals for 1 year ALL 171 000
9% return on investment to the Buyer (longer-sold offices, higher price, planned sales time 6-7 months)
Room Name
|
Total area of the property (sq. M)
|
Room rental price (Eur / month)
|
Recoverability (years)
|
Room rental return,%
|
Price, Eur (sq. M)
|
Room price, Eur
|
Room no..21
|
23,56
|
345
|
11,1
|
9,0
|
1950,5
|
45954
|
Room no..22
|
17,92
|
270
|
11,1
|
9,0
|
2006,9
|
35964
|
Room no..23
|
18,02
|
270
|
11,1
|
9,0
|
1995,8
|
35964
|
Room no..24
|
18,08
|
270
|
11,1
|
9,0
|
1989,2
|
35964
|
Room no..25
|
17,93
|
270
|
11,1
|
9,0
|
2005,8
|
35964
|
*The rooms are min rentals for 1 year ALL 189 810
8% return on investment for the Buyer (long-sold bureaus, high price, planned sales time 9-12 months)
Room Name
|
Total area of the property (sq. M)
|
Room rental price (Eur / month)
|
Recoverability (years)
|
Room rental return,%
|
Price, Eur (sq. M)
|
Room price, Eur
|
Room no.21
|
23,56
|
345
|
12,5
|
8,0
|
2196,5
|
51750
|
Room no.22
|
17,92
|
270
|
12,5
|
8,0
|
2260,0
|
40500
|
Room no.23
|
18,02
|
270
|
12,5
|
8,0
|
2247,5
|
40500
|
Room no.24
|
18,08
|
270
|
12,5
|
8,0
|
2240,0
|
40500
|
Room no.25
|
17,93
|
270
|
12,5
|
8,0
|
2258,8
|
40500
|
ALL 213 750