DebtHouse - Multi-Family / Residential
Target € 143,000
Minimum Amount € 143,000
Minimum Investment € 50
Šarkuvos development loan - 1.stage
- Loan is used for development and sale of 2 separate residential houses, overall 805,58 sq.m.
- As a loan collateral, company offers 2 separate residential houses with two 545 sq.m. land plots in Pilaitė area in Vilnius.
- EstateGuru security agent will have the 1 rank mortgage on behalf of the lenders
- The loan will be returned from the revenue of the collateral property sale in 12 months period.
- LTV (Loan-to-Value) ratio is: 58 %
- Member of the Board of the Borrower is providing personal guarantee in full amount.