Atpūtas nekustamā īpašuma attīstītājs Lietuvā
Kopsavilkums
The Company, established in 2015, was mainly operating in debt management sector and currently is expanding in another field – real estate management. Recently the Company has acquired unfinished recreational property and is currently looking for additional financing of EUR 52,000 for a 24-month period in order to complete development and start renting activities. Investors are offered 12% annual (1% monthly) interest rate with monthly interest payments for the first 12 months and amortization schedule for the remaining 12 months. The loan is secured with a real estate collateral- 388.89 m2 recreational building and 2.5015 ha agricultural land plot in Ukmergės area, evaluated for EUR 205,000. In addition to the real estate collateral, personal guarantee of the manager is provided.There is a number of factors that make lending to the Company an attractive opportunity and the main highlights are the following:
- The loan is secured with a pledge of recreational property worth EUR 205,000 (LTV 25%);
- In addition to collateral a personal guaranty is given by the manager/owner;
- Diversified sources of income in the Company;
- Excellent previous cooperation with the Company and the management since 2012, which have repaid over EUR 90k of loans already.