Loan
Loan #791558 Langenselbold, 63505, Germany
Property location
Executive Summary
Nederlands
Langenselbold is een stad in het zuiden van Hessen in de Kinzig Valley tussen Gelnhausen en Hanau, en heeft ongeveer 14.048 inwoners (vanaf Juni 2019). Langenselbold is een van de meest snelgroeiende steden in de Rhine-Maina regio. Er zijn diverse supermarkten, bakkers, restaurants, scholen en kinderdagverblijven op loopafstand. Al deze kenmerken maken de locatie tot een goede en leefbare locatie. Door de goede ligging hebben veel jonge gezinnen in de afgelopen jaren de keuze gemaakt om hier te komen wonen.
De aantrekkelijkheid van de stad is ook te danken aan de goede verbindingen, van alle soorten transportmiddelen, in alle richtingen. Het treinstation op de lijn Frankfurt/Main-Fulda is een halte voor alle lokale, regionale en sneltreinen en biedt verbindingen met internationale transportroutes. Er is een constante vraag naar woningen en beleggingspanden met een zeer beheersbare marktsituatie, aanbiedingen zijn zeldzaam en worden goed betaald.
De gemiddelde huurprijs in Langenselbold is ongeveer €9,25 per vierkante meter. De prijsklasse strekt zich uit van de laagste huurprijs van €8,26/m² tot de hoogste prijs per vierkante meter van 11,49€/m². Er zijn diverse supermarkten, bakkers, restaurants, scholen en kinderdagverblijven op loopafstand. Al deze kenmerken maken de locatie tot een goede en leefbare locatie.
English
Langenselbold is a town south of Hessen in the Kinzig valley between Gelnhausen and Hanau and has approximately 14,048 residents (as of June 2019).
There are several supermarkets, bakers, restaurants, schools, and daycare centres within walking distance. All these features make the location a good and liveable location. Langenselbold is one of the growing towns in the Rhine-Main area. Because of its good location, a lot more young families chose to live here over the last couple of years.
The town's attractiveness is also due to its good transport connections in all directions. The railway station on the Frankfurt/Main-Fulda line is a stop for all local, regional, and express trains and provides connections to international transport routes. There is a constant strong demand for residential and investment properties with a very manageable market situation, offers are rare and are well paid.
The average rent in Langenselbold is €9.25 per square metre. The price range extends from the lowest rent of 8.26€/m² to the highest price per square metre of 11.49€/m².
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 10.00%
-
Fully subscribed 877,000.00 raised
- Risk class i
- Expires Closed
- Target amount €877,000.00
- Profit share 0.00%
- Term 18 Months
- Payment frequency 1 months
- Loan purpose Buy-to-rent
- Type Bullet i
- Mortgage rank First Rank
- Total Loan Cover (TLC) 123.4%
- Loan To Value (LTV) 77.8% i
-
Location
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