Loan
Loan #1073967 Dorfstraße 28 64832 Babenhausen 1/3 Germany
Property location
Executive Summary
Nederlands:
LEBENDAUER GROUP GmbH richt zich op de verwerving, ontwikkeling en renovatie - van bestaande panden - en verkoop van residentieel vastgoed, met name panden die door een verandering van gebruik kunnen worden omgezet in woonruimte.
Babenhausen is een stad in het district Darmstadt-Dieburg, in Hessen, Duitsland. De gemeente ligt ongeveer 25 kilometer ten noordoosten van Memmingen en 40 kilometer ten zuidoosten van Ulm in Oberschwaben. Het behoort tot de regio Donau-Iller.
De algemene beschrijving voor de Dorfstr 28-30 & Sandstraße 14 in 64832 Babenhausen is een complete herontwikkeling en biedt nieuwe woningen tegen marktprijzen. Sandstraße is in 2021 van binnen gemoderniseerd en vervolgens verhuurd boven de geplande huurprijs van € 8,46 /m².
Het woningspecifieke verhuurconcept biedt de regionale huurmarkt met weinig aanbod de mogelijkheid om van de twee aangrenzende panden de maximale woonruimte te benutten. Dit is inclusief parkeerplaatsen. Het oppervlak is van 1000 m² voorzien.
• Woonoppervlak 890 m²,
Soort Financiering:
• Twee vrijstaande woningen. Voorwaarden Financiering: € 1.400.000
Exit zou zijn om te verkopen als er niet genoeg geld is om af te lossen.
English:
LEBENDAUER GROUP GmbH focuses on the acquisition, development and refurbishment of existing properties and the sale of residential real estate, especially properties that can be converted into residential space through a change of use.
Babenhausen is a town in the Darmstadt-Dieburg district, in Hesse, Germany. The municipality is located about 25 kilometres northeast of Memmingen and 40 kilometres southeast of Ulm in Upper Swabia. It belongs to the Donau-Iller region.
The General description For the Dorfstr 28-30 & Sandstraße 14 in 64832 Babenhausen is, Dorfstraße Complete redevelopment offers as-new housing at market prices. Sandstraße was modernised inside in 2021 and then let above the planned rent of €8.46 /sqm.
Property-specific leasing concept to serve the regional rental market with little supply Connection of two adjoining properties for maximum space utilisation, including parking spaces, Property 1000 sqm
• Living space 890 sqm, Type of Funding:
• Two detached houses. Conditions Funding: € 1.400.000
Exit would be to sell when there's not enough money to pay.
Payment terms
Additional terms
Additional securities
Investors can invest in real estate backed loans from €100 or a multiple of this.
Because of the regulations in the Netherlands:
- A maximum of €80,000 applies per individual investor in total investments made on Max Crowdfund.
- If you have a joined account this is doubled to €160,000.
- When investing a minimum of €100,000 per loan it will not be added to the total investments made on Max Crowdfund.
- Company accounts as have no limits.
Please note, that Max Crowdfund can optionally set a maximum for a single investment regardless of the above.
You will be notified in case your investment(s) exceed(s) any limit.
On the Max Crowdfund platform you have your personal Max Crowdfund Current Account. You can top your Max Crowdfund Current Account up via various payment providers such as iDeal or by bank transfer. Provided your balance is sufficient, you can start investing in loan applications immediately. The maximum deposit amount allowed differs per payment provider, but is usually a maximum of € 50,000. If you supplement your balance via a bank transfer, please use the reference provided in the description with your payment. Please note processing your bank transfer may take more than a day, which may mean you miss out on the investment opportunity.
No. Investors must be over 18 and must have an approved account, meaning their Know Your Client (KYC) documentation needs to be submitted and approved and have a bank account linked to their account. Country-specific restrictions exist and certain nationalities may be prevented from participation in some investment products. This is to prevent money laundering, tax evasion and other illegal activities, in line with our commitment to regulatory compliance and transparency.
At the moment we only accept EURO for investing in real estate backed loans. We are aiming to accept all currencies, including crypto currencies, like we do for the Max Property Group Share Certificates, but this depends on the regulators.
By Dutch law you are allowed a 24 hour cooling-off period, which means you can either change or cancel your investment during this time without any fees charged. After the cooling-off period you cannot change or cancel your investment. You are still allowed to make a second investment. Multiple investments will be combined in one when a loan is finalised.
Yes, but you will need to have a joined bank account with your partner. If you have a joined bank account, you can request to register a joined account on Max Crowdfund. Once approved, the regulatory limit for investing will be doubled to €160,000.
You can only register a new bank account by making a bank transfer of any amount from that bank account. We only accept bank accounts that are held by you and are in your name.
If you only have one bank account registered, this will automatically be your preferred account. In case you have multiple accounts registered, you can select only one of those to be the preferred account. Funds in your Max Crowdfund Current Account that are not used for a period of more than 60 days will automatically be transferred to your preferred bank account.
When the fundraiser fails to meet their obligations to make periodic payments as defined in the loan agreement, Max Crowdfund will follow up. Periodic updates will be shared to inform investors about the status of the loan. To recover from default, measures like a change of terms can be proposed, but this requires the approval from a majority of all involved investors via online voting. In the worst case scenario the Max Crowdfund Security Agent will execute on the collateral for the loan and distribute the proceeds to the investors.
Loan terms summary
- Interest per annum 11.00%
-
Fully subscribed 467,000.00 raised
- Risk class i
- Expires Closed
- Target amount €467,000.00
- Profit share 0.00%
- Term 18 Months
- Payment frequency 1 months
- Loan purpose Buy to sell
- Type Bullet i
- Mortgage rank Second Rank
- Total Loan Cover (TLC) 139.4%
- Loan To Value (LTV) 71.7% i
-
Location
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