Loan

Loan #1251855 Markgrafenstraße 8 Herne 44623 3/5 Germany

Property location
Markgrafenstraße 8 Herne 44623 Germany

Executive Summary

The Acici Group subsidiary holds each property in its portfolio. They then do a refurbishment and sell objects individually.
The developer is well known since they did the development on the property in Essen / Mülheim.
Each flat will be furnished to a very high standard. The good location and separate listing ensure a good and timely sale. The developer is already accepting reservations from buyers. The investors will be paid from the proceeds of the sale. 

Herne is a large city in the Ruhr region in North Rhine-Westphalia. It is an independent city in the administrative district of Arnsberg and is designated as a medium-sized centre in state planning. Herne is a member of the Ruhr Regional Association and the Westphalia-Lippe Regional Association. 

Investing FAQ
Loan terms summary
  • Interest per annum 10.00%
  • Fully subscribed 250,000.00 raised
  • Risk class i
  • Expires Closed
  • Target amount €250,000.00
  • Profit share 0.00%
  • Term 14 Months
  • Payment frequency 1 months
  • Loan purpose Buy-to-rent
  • Type Bullet i
  • Mortgage rank First Rank
  • Total Loan Cover (TLC) 132.4%
  • Loan To Value (LTV) 75.5% i
  • Location
    Germany
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