English
This project, offered by an experienced developer with a track record on Max Crowdfund, will renovate and sell an apartment building of five units. The first four units have been financed independently, and the developer is seeking finance on Max Crowdfund for the renovation of the final apartment. Investors in this project will be paid from the proceeds from the apartment sale. All units have been segregated and are being sold individually.
The project term is 14 months with an 11% annual interest payment. Max Crowdfund will hold a first charge on the property being refurbished.
The apartments will be decorated and furnished to a very high standard, in line with the developer’s previous projects. The excellent location of the property as well as government subsidies being granted for its listed building status, are indicative of a timely and profitable sale.
Herne is a large city in the Ruhr region of North Rhine-Westphalia, approximately 20km from Dortmund. It is an independent city in the administrative district of Arnsberg and is designated as a medium-sized centre with a population of 156,374 residents.
The developer, the Acici Group, has been active for 15 years and is highly experienced in the Essen area. The company has already renovated and sold more than 20 developments and has a considerable pipeline of projects which they look forward to financing via Max Crowdfund.
Nederlands
Dit project, aangeboden door een ervaren ontwikkelaar met een track record op Max Crowdfund, zal een appartementsgebouw van vijf units renoveren en verkopen. De eerste vier units zijn onafhankelijk gefinancierd en de ontwikkelaar zoekt financiering op Max Crowdfund voor de renovatie van het laatste appartement. Investeerders in dit project worden betaald uit de opbrengst van de verkoop van het appartement. Alle units zijn gescheiden en worden afzonderlijk verkocht.
De looptijd van het project is 14 maanden met een jaarlijkse rentebetaling van 11%. Max Crowdfund vestigt een eerste recht op de hypotheek op het te renoveren pand.
De appartementen worden ingericht en gemeubileerd volgens een zeer hoge standaard, in lijn met eerdere projecten van de ontwikkelaar. De uitstekende ligging van het pand en de overheidssubsidies die worden verleend voor de status van monumentaal pand, zijn indicatief voor een tijdige en winstgevende verkoop.
Herne is een grote stad in het Ruhrgebied van Noordrijn-Westfalen, ongeveer 20 km van Dortmund. Het is een onafhankelijke stad in het administratieve district Arnsberg en is aangewezen als een middelgroot centrum met een bevolking van 156.374 inwoners.
De ontwikkelaar, de Acici Group, is al 15 jaar actief en heeft veel ervaring in de omgeving van Essen. Het bedrijf heeft al meer dan 20 projecten gerenoveerd en verkocht en heeft een aanzienlijke pijplijn van projecten die ze graag willen financieren via Max Crowdfund.
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.
