Loan

Loan #731686 Den Oever, 1779 GJ, Netherlands

Property location
Akkerweg 41 Den Oever 1779 GJ Netherlands

Executive Summary

UPDATED LOAN TERMS:
------------------------------------------------------------------------------------------------------------------------------------------------------

This loan has been split into two separate loans. This loan is for plot number 77 and 78. A next loan coming up soon will cover for the other two.
First mortgage is of course based on sales price of these two plots. The personal and business guarantee have both been split in half to cover each loan.

------------------------------------------------------------------------------------------------------------------------------------------------------

The goal of the project is to realize and sell four-holiday homes on the chalet park named ‘Chaletpark De Wierde’, which is located in the rural area at the edge of the village of Den Oever (North-Holland). The developer has signed option agreements to purchase the last four plots, which are conveniently located in the park.

The houses have already been designed and will be built sustainably in accordance with the Dutch 2012 Building Decree.
Each house has a floor area of 90m2, three bedrooms and a study room, which means that it offers space for 6 to 8 people.
In addition, the houses are equipped with:

  • 3 bedrooms
  • 1 study room
  • High insulation (so winter-proof)
  • Heat pump
  • Underfloor heating
  • Solar panels (optional)
  • Air conditioning (optional)
  • Sauna (optional)

During and after the realization the houses will be put up for sale.

Investing FAQ
Loan terms summary
  • Interest per annum 8.00%
  • Fully subscribed 422,500.00 raised
  • Risk class i
  • Expires Closed
  • Target amount €422,500.00
  • Profit share 0.00%
  • Term 12 Months
  • Payment frequency 1 months
  • Loan purpose Development
  • Type Bullet i
  • Mortgage rank First Rank
  • Total Loan Cover (TLC) 121.5%
  • Loan To Value (LTV) 74.7% i
  • Location
    Netherlands
Latest investments
  • 773103€32,800.002022-02-03 18:01:12
  • 773039€500.002022-02-03 17:25:00
  • 773020€5,000.002022-02-03 17:12:01
  • 772973€500.002022-02-03 16:41:01
  • 772967€2,000.002022-02-03 16:40:03