Finestrat

Alicante | Residential

€8M | Development Loan

Financing for land acquisition and development of 22 detached units

Loan Amount

€8M

Term

24 months

Leverage Levels

LTV
0%
LTC
0%
LTGDV
0%

LTV

0%

0 100%

LTC

0%

0 100%

LTGDV

0%

0 100%

Purpose

Development of 22 detached units

Exit

Refinancing through the delivery of the units

Key Points

  • Conservative leverage ratios
  • Experienced developer
  • Development 25% presold before financing
  • Build license granted