The object of the loan
Applegate SOTEL Community is a new-construction "rent-to-buy" pro-active adult neighbourhood specifically designed as a supportive community where services and care can be readily available to people wanting to grow older self-sufficiently, but also stay focused on living well now. Now we are collecting funds for land infrastructure development.
Amount of the loan: 100 000 € (one hundred thousand)
Loan term: 12 months
The annual return on loan investment: 12%.
LTV (loan-to-value): 6%
Object of the loan: land infrastructure development
Loan pledged property: $ 1.7 million worth land. You will find a valuation of the asset in the attachment.
This project, probably, will be funded in several stages, so the final LTV (loan-to-mortgage ratio) will not exceed 50%. The pledge of assets at all stages of financing will be the mortgage of the original project under development.
IMPORTANT! Investing in higher amounts is an opportunity to get additional interest. There is also the opportunity to invest in the next stages. For additional information please contact us by email: email@example.com
The loan interest is repaid each month starting from the start of the project.
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