26 IN Phase 3

 Renovation Loan
Barcelona,
Spain
8%
Annual yield
9%
LTV
Term: 11 months
Mortgage rank:
First
Interest payment schedule:
Monthly
Interest payments
20.08.2019
Paid
24.09.2019
Paid
12.10.2019
Paid
14.11.2019
Paid
17.12.2019
Paid
25.02.2020
Paid
25.02.2020
Paid
30.03.2020
Paid
20.04.2020
Paid
26.05.2020
Paid
29.06.2020
Paid

Project updates

Login to subscribe on project updates

Ask a question

, please create your nickname:
@
Allowed characters: a-z, 0-9. Min 3 characters
${question.length}/${maxQuestionLength}

Descripton


EVOEstate comment:

This is a really small renovation loan, with a really low LTV (which seems to be accurate), the funds will be used to renovate the property that it could be later sold. There's no documentation, because the whole funding amount is just 14,000 Euros.
 

Inveslar comment:

The asset
Loan at a fixed interest rate of 8%, monthly installments and a term of 11 months. Type of amortization: American (payment of monthly interest with amortization in the last installment). Destination of the loan: FINANCING OF CIRCULANT.

Characteristics
The apartment is located in Santa Coloma de Gramenet, one of the reference towns of the metropolitan area of ​​Barcelona. It has a total built area of ​​75 m2, consists of 2 bedrooms, 2 bathrooms, laundry room, kitchen and living room with terrace. Total value of the property: 160,000 euros

Project originated by:
8%
Annual yield
9%
LTV
Term: 11 months
Mortgage rank:
First
Interest payment schedule:
Monthly
Interest payments
20.08.2019
Paid
24.09.2019
Paid
12.10.2019
Paid
14.11.2019
Paid
17.12.2019
Paid
25.02.2020
Paid
25.02.2020
Paid
30.03.2020
Paid
20.04.2020
Paid
26.05.2020
Paid
29.06.2020
Paid
Get emails about all
Inveslar
projects