DebtHouse - Multi-Family / Residential
Target € 120,000
Minimum Amount € 120,000
Minimum Investment € 50
#1380 Development loan - 1.stage (Lithuania)
- The loan is used to continue construction works.
- The loan will be repaid by refinancing, from the sale of the collateral property, or from the incoming business revenues of the company.
- The loan is secured with a first-rank mortgage.
- Borrower adds a 1% bonus to annual interest for investments of at least €3,000 (combined annual interest 11%).