The founders of EvoEstate invest their personal capital in this project.
70 000.00 €
Raised 70 000.00 €
14.1%
Net annual yield
-LTV
12Months
Type: Variable-Interest Loan
Interest payment schedule: At Project Completion
Min. amount of investment - € 100
Project originated by:
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January 25, 2021
Update from the originator:
1 - The originator has processed the registration in the registry of the property and currently the property is already registered with the originator's name.
2- The originator is agreeing to leave the tenant in order to start marketing the home.
Normally the project should be finalized around February or March as the originator is currently waiting for an answer from a potential buyer. The originator will keep investors updated with any potential development.
EvoEstate presents its Investors another opportunity to invest in a deal originated by Inveslar. This opportunity offers expected returns estimated by the deal originator at 14.1% in pesimistic scenario and 18% in optimistic scenario.
The purpose of this investment is to buy a duplex penthouse in Salt, adjacent to Girona: 120sqm, 3 rooms, 2 baths, terrace. The funds will be used to cover the acquisition expenses and property tax costs and also a reform cost. After the acquisition the property will be sold. The total amount of the required capital for acquisition is 70,000 EUR + Taxes. It will be immediatly put on sale for 140.000 EUR
Additional information
This investment will become active once the fundraising for the whole amount of is completed or the deadline on March 16th is reached.
Attached in the documentation you can find the business plan and supporting documents in Spanish.
EvoEstate will not with-hold taxes unless you are a private client and resident of Estonia.
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Documents
Payment schedule
Date
Status
Late
Assignment date
01.03.2021
No
-
Invest in Salt IN,Spain
Amount €
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