Loan
The financing requires an amount of € 225,000 to be used for
the complete redemption of the premises and the final fitting-out of the
premises.
Loan collateral
First-line mortgages on existing real estate - Mortgage.
The value of the property is € 323,300. The full property
valuation is uploaded in the Documents section.
The loan will be repaid from the sale of the company 's
assets, current and future profits, or by refinancing the loan.
Investment risk: B
(medium)
LTV: 69%
Mortgaged property
The value of the pledged property is € 323,300:
Unoccupied shelter - Registry no. 44/366888 is divided into
4 apartments: 44/2390750, no. 44/2390771, no. 44/2390772, no. 44/2390773
Interest conditions:
Investing from 100 €
- 10,5% interest
Investing from 2,500 €
- 11.5% interest
Investing from 10,000
€ - 12% interest
Investing from 25,000
€ - 12,5% interest
Interest on the loan is calculated from the end date of the
auction and is paid monthly.
Loan Period
Loan term: 12 months (with option to repay earlier, but not
earlier than 3 months).
If the Borrower repays the Loan Amount or part thereof less
than 3 months after the due date of 12 months, the Borrower undertakes to pay
interest to the Lender for a period of 3 months. After a period of 3 months,
the Borrower may repay the loan at no additional charge.
Company loan
repayment period
Expected loan start date: 2019 11 01
Expected loan repayment date: 2020 05 01 - 2020 06 01