DebtResidential - Appartments
Target € 42,000
Minimum Amount € 42,000
Minimum Investment € 50
€ 42,000 raised, 100%
100.0% Complete (success)

#4116 Development loan (Latvia)

  • The loan is used to finance the purchasing of a property and to continue with construction.
  • 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.
Interest Rate 10.5%
Loan Period24M
LTV 60.0 %
Expires Funded
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