This investment opportunity is a 2 unit twin house in one of Latvia's most desired suburbs - Marupe. The sponsor of the project CMB Properties has successfully developed similar projects in Marupe before. The sponsor aims to rase funds to start the construction of the twin house in Ozolkalnu 14. The goal of this tranche is 160,000 EUR, which will be used to install outer carcass and roof of the house. The loan will be secured by 1st rank mortgages on the Development itself, and two additional land plots. In total, the market value of the mortgaged properties is 271,000 EUR, therefore the LTV for this project stands at 59%.The principal and interest payments will be made at the end of the loan term, following the sale of the newly built units.

Invest in development in Latvia and earn 14% p.a.

Investment opportunity |14% return p.a.

This investment opportunity is single unit from a twin house in Strazdiņu iela Salaspils. The Sponsor wants to raise funds to purchase this property from a related company. The related company will use the proceeds from this sale to repay an existing loan. The goal of this tranche is 100,000 EUR, which will be used to acquire the property.  The market value of the property is 157,000 EUR, therefore the LTV for this project stands at 63%.The loan will yield 14% per annum, and interest payments will be made each month. The principal will be repaid in a single payment at the end of the loan term.

Funding goal:	€ 100000
Expected return:	14 % p.a
Investment term:	12 months
Risk category:	B Risk assessment model
LTV:	Low risk 63%
Capital stack:	Secured loan

Strazdiņu iela 28, Salaspils

Funded investments