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This object is successfully funded

Meldru Str. 11

2 floors 245 m² Sigulda region, Latvia

30,000€

raised of 30,000€

  • 15%

    Annual return

  • 68%

    Loan to Value

  • 59

    Investors

  • Invested

Repayment date 01.10.2018

Minimum investment 50€

Loan Description

The property owner is looking for a short-term loan in the sum of EUR 30 000 for a sales period of the current property.

Investment Budget

Total investment budget is € 30 000

Independent Evaluation

According to an independent evaluation the commercial value of the property is € 44 100.


Financing Structure

100% Bulkestate loan

Bulkestate loan

EUR 30 000 that forms 68 % of the property market value.

Security

1st rank mortgage

Maturity

12 months since signing the Loan Contract

Interest Rate

15% annual return

Product

The property is located in Latvia, 11 Meldru Str., Jūdaži, Sigulda district. It consists of the dwelling house (total space 245.8 m2), auxiliary building (total space 86.5 m2), and green area (total space 1200 m2).
Community facilities: centralised electricity supply, local sewage system, local stove heating.
There is a fruit tree garden and a large green area on the territory of the property.

Jūdaži is a picturesque village located in Sigulda district just 10 km from the city of Sigulda and 59 km from the border of Riga. The property is ~250 m from Lake Jūdaži and 900 m from Lake Umuru.

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Your questions are welcome

Bulkestate is a member of the German-Baltic chamber of commerce and the European Crowdfunding Network.