DebtHouse - Multi-Family / Residential
Target € 135,000
Minimum Amount € 135,000
Minimum Investment € 50
Grevitas construction loan
- The loan is used for finishing the construction of two residential houses.
- As a loan collateral, company offers an unfinished 297 sq.m. detached house with a 1700 sq.m. land plot and a separate residential house in Gineitiškės, Vilnius.
- EstateGuru security agent will have the 1 rank mortgage on behalf of the lenders
- The loan will be repaid from the sales of the apartments in 18 months period.
- LTV (Loan-to-Value) ratio is: 65%
- Member of the Board of the Borrower is providing a personal guarantee in full mortgage amount.