The best development offer
Application deadline: February 16
We propose granting a €300,000 mezannine loan to a German company for 20 months.
The company builds single-famiy dwellings, sells them and return your capital and yields.
The main asset is a land plot. The developer is ready to give a personal guarantee to the investors and/or place a record on the land register upon agreement with the lending bank.
The land plot for the construction of nine single-family detached houses with terraces and parking lots is of 4,461 m2 in area. The land plot has been bought. The construction permit has been obtained.
By the middle of February 2020, 30% of the apartments will have been sold.
The land plot is located in Spandau, within the administrative borders of Berlin. There are parks, a kindergarten and a school within easy reach. A shopping centre, supermarkets, a bank, a school and restaurants are located nearby. In combination with the tranquility and seclusion of a suburb, they create a high demand for family houses in Spandau.
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