This real estate investment opportunity open for investing is an mortgage secured investment secured by a 1st rank mortgage with an LTV ratio of 28%.The sponsor is developing a 332m2 twin house in Ramava, a village next to the Riga city border 10 km from the city center. The sponsor aims to raise 50 000 EUR to finance the continuation of construction works till the full completion of the twin house. The current amount of completed works will give a 28% LTV ratio. Another strength of this real estate investment opportunity is that both twin house units have been presold and reservation agreements are signed.The loan will bear a 9% p.a. interest rate. Principal and interest payment will be done as a bullet payment at the end of the 6-month loan period or sooner.

Invest in development in Latvia and earn 9% p.a.

Investment opportunity | 9% return p.a.

Käesolevaks investeerimisvõimaluseks on arenduslaen paarismaja rajamiseks. Projekt asub Läti Vabariigis, Ramava külas, vahetult Riia piiri ääres, 10 km kaugusel kesklinnast. Projekti Sponsor arendab paarismaja, mille suuruseks kokku on 332m2 ning soovib kaasata EUR 50,000 ehitustööde jätkamiseks. Ehitustööd on hilises faasis ning vastavalt seni tehtud investeeringutele on laenu LTVks 28%. Mõlemad paarismajakorterid on müüdud. Laen on tagatud 1. jrk. Hüpoteegiga arendatavale kinnistule. Fikseeritud intressimnääraks on 9% aasta baasil. Perioodilisi intressimakseid ei tehta. Laenuperioodiks on 6 kuud.

Latvia

Funding goal:	€ 50000
Expected return:	9 % p.a
Investment term:	4 months
Risk category:	B Risk assessment model
LTV:	Low risk %
Capital stack:	Secured loan

Klinšu iela 26, Rāmava

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