Väänamõisa OÜ working capital
Mortgage secured loan
- Start of investment period04.11.2021
- Start time22.10.2021 08:35
- Asset classResidential
- Investment typeSpeculative
- Investment end date31.10.2022
- Remaining term11 months
- Expected rate of return9% p.a.
- Expected cash yield%
- No of investors185
- Goal€72 000
This is a secured loan investment opportunity to fund the working capital business loan in amount of EUR 72,000 of Väänamõisa OÜ. Loan will be serviced from the collateral sales according to the full bullet schedule. Current value of two land plots at Hirve str. 14 and 15, Vääna municipality, Harku parish, Harju country is EUR 144,000 with VAT. Planned sales price for land plot at Hirve str 14 is EUR 100,260 with VAT and the sales price for the land plot is approximately the same.
The loan will be secured with a first rank co-mortgage on land plots at Hirve str. 14 and 15, Vääna municipality, Harku parish, Harju country (see valuation act, in estonian), with an LTV of 60%.
Investment period 12 months.
- cadastral code 19801:012:0437; 19801:012:0429
- address Hirve str. 14 and 15, Vääna municipality, Harku parish, Harju country
- property value according to evaluation report is EUR 144,000
- type of the collateral: residential land