We are supervised by
Avda del Mar 24, Roda Golf and Beach Resort, Murcia, Spain
Amount of funding
88 000 €
LTV
35%
Annual interest rate
11.50% - 12.50%
Total expected project return
17.24% - 18.75%
Loan period
18 mo.
Risk
C (higher)
Purpose of the loan
Development loan
Collateral
Real estate pledge
Country
Spain
Spain
Investors
0
Raised:
0 € Goal:
88 000 €
0 € Goal:
88 000 €
0.00%
How much will I earn if I invest:
Investment size
100.00 €
88 000.00 €
11.5%
11.75%
12%
12.5%
With this project in one month I will earn
€
After 12 months I will earn
€
After 18 months i will earn
€
* This calculator is exemplary and provides approximate results. Please note that the actual earnings may differ from the results provided by the calculator
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Landvaluation20210112 - Tasacion apartamento.pdf |
|
|
About the loan
Amount of funding
88 000 €
LTV
35 %
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
18 mo.
Minimum loan period
6 mo.
Collateral
Real estate pledge
Mortgage rank
First order mortgage
Investment from 100.00 €.
Interest
Annual interest rate
- Investing from 100.00 € - fixed interest 11.5 %
- Investing from 500.00 € - fixed interest 11.75 %
- Investing from 1 000.00 € - fixed interest 12 %
- Investing from 5 000.00 € - fixed interest 12.5 %
The Interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Debtor's Account or to such other account (or accounts) as notified by the Debtor to the Operator in writing prior to the disbursement of the Loan Amount.
Loan term and repayment
Loan period
18 mo.
Minimum loan period
6 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2021-01-25
Estimated loan repayment date:*
2022-07-25
If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.
* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.
Procedure for disputes between parties to a financing transaction
The investor has the right to withdraw their investment within 96 hours from the submission of the money lending proposal on the platform
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