|Criteria||From a+ to d||Project rating|
Macro Location Analysis
EvoEstate Risk rating is of an informative nature only & can not be considered investment advice.
Loan To value
Funding requires an amount of € 60,000 to accelerate the installation and sale of re-mortgaged premises.
Project developer - UAB ESSCALA (304424145) real estate, which specializes in object search, development and sales. The company’s shareholders and executives have developed successful real estate projects in the coastal region, and the company continues to successfully administer and lease existing properties.
Collateral Real estate pledge
Guarantees / surety
Property type Residential
Mortgage rank Second order mortgage
Value of collateral 478 000 €
Documentation Asset Valuation Report
Report preparation date 2021-03-26
Assessor UAB Nill Nill
Land plot (low-rise residential buildings, No. 2501-0017-0011 and existing building No. 4400-5573-3032), with a total area of 0.1818 hectares and 238.35 m2, at Žilvino str.7, Palanga, Lithuania. (according to the newly prepared cadastral file, the total area of the building is 445.52 sq.m)
The total amount of financing per m2 is pledged 794.57 EUR.
Value of mortgaged property: 478,000 EUR