Projects list

Graja de Iniesta, Cuenca, Castile-La Mancha, Spain (5 stage)

Amount of funding 100 000 €

LTV 47%

Expected rental yield Up to 0%

Fixed interest rate 13.00%

Loan period

8 mo.

Risk

B (medium)

Purpose of the loan

Development loan

Collateral Real estate pledge

Country

Spain

Investors 4

Raised:
100 000 € Goal:
100 000 €

100.00%

Project updates

The loan has been submitted for recovery

2023-07-10

The agreement was terminated. Initiation of forced execution through the bailiff.

Business loan terms

About the loan

Purpose of the loan Real estate development

Amount of funding 100 000 €

LTV 47 %

Risk B (medium)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 8 mo.

Minimum loan period 6 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Funding requires amount of € 1 000 000 which be funded in stages. The loan funds will be used to purchase a parking lot with 354 parking spaces at Pl. País Valenciano, Spain. The price of one parking space can vary from 3750 to 4500 euros. After renovating the site, the borrower plans to sell part of the parking spaces and rent the other part for long-term rent. The total sale of the parking lot can reach €1,750,000.

The loan can be refinanced in other financial institution, from income of real estate sales or from company's capital.

Investment from 500.00 €.

Interest

Annual interest rate

Investing from 500.00 € - fixed interest 13 %
Investing from 1 000.00 € - fixed interest 13.25 %
Investing from 3 000.00 € - fixed interest 13.5 %
Investing from 9 000.00 € - fixed interest 13.75 %
Investing from 15 000.00 € - fixed interest 14 %
Investing from 20 000.00 € - fixed interest 14.5 %
Investing from 25 000.00 € - fixed interest 15 %

Expected investment yield to - 0%

The Interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Debtor's Account or to such other account (or accounts) as notified by the Debtor to the Operator in writing prior to the disbursement of the Loan Amount.

Loan term and repayment

Loan period 8 mo.

Minimum loan period 6 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2023-04-28

Estimated loan repayment date:* 2023-12-12

If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.

* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.

Procedure for disputes between parties to a financing transaction

The investor has the right to withdraw their investment within 1 hours from the submission of the money lending proposal on the platform

Debtor

Company title Desarrollo Castellonense Urbano SL

Company code B12974374

Company registration address

Company website https://cincodias.elpais.com/directorio-empresas/empresa/7201580/desarrollo-castellonense-urbano

DESARROLLO CASTELLONENSE URBAN SL - the company has been operating in the real estate sector for several years and has a good financial and credit history. The company, together with its business partner, Victor Bone, a well-known businessman in the Castellon area, conducts various business operations in the fields of finance and law:

Restructuring companies experiencing difficulties, especially after COVID-19;
Acquires real estate after legal proceedings or company restructuring.

Total assets of the company in 2021 - EUR 1,631,734, equity EUR 857,763.

DESARROLLO CASTELLONENSE URBAN SL belongs to a group of companies. Related company MEDITERRANEAN OIL PG, S. L. U. Sales revenue for the period 2022.01-10 EUR 631,134, net profit EUR 16,131.

Loan protection collateral

Loan collateral:

The firs real estate pledge - mortgage.

2-star hotel, cadastral reference: 4453005/XJ1745S/0001/EX, with an area of 1,395 m2, address: Graja de Iniesta, Cuenca, Castile-La Mancha, Spain.

Value of pledged assets: EUR 2 121 673.

Strengths and risks

Strengths:

The first order of real estate pledge - mortgage.

Weaknesses:

The borrower was late in paying small amounts.
Borrower 's activities are in a competitive sector.

Possibilities:

The annual interest rate payable by the borrower is 13.00-15.00%.

Threats:

Uncertain economic situation.
Property is in development stage.
Rising cost of building materials.

Important

Capital Go Invest takes the following measures to ensure a safer investment:

The loan to value ratio of the project will not exceed the LTV ratio provided in the project description, including in cases when the project will be financed in stages.
If the required amount of funding is not collected before the start of the project, all investments will be returned to the investors. Upon application by the Debtor, the financing may be considered to have been successfully completed with a smaller amount collected, the financing of the project may be divided into several stages and / or the financing period of the project may be extended. In these cases, Capital Go Invest informs the funders and publishes the information on the completion of the project with a smaller amount, the division of the project funding into several stages or the extension of the project funding period on its website together with other information about the project.
By investing in a project, financiers acquire rights of recourse (claim rights). Capital Go Invest may provide the financiers with the possibility to transfer these claim rights to other users of the platform on the Secondary Market in accordance with the User Terms.
The activities of UAB Go investing are supervised by the Bank of Lithuania and UAB Go investing is included on the Public List of Operators of Crowdfunding Financing Platforms administered by the Bank of Lithuania.

About the loan

Purpose of the loan Real estate development

Amount of funding 100 000 €

LTV 47 %

Risk B (medium)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 8 mo.

Minimum loan period 6 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

The loan can be refinanced in other financial institution, from income of real estate sales or from company's capital.

Investment from 500.00 €.

Interest

Annual interest rate

Investing from 500.00 € - fixed interest 13 %
Investing from 1 000.00 € - fixed interest 13.25 %
Investing from 3 000.00 € - fixed interest 13.5 %
Investing from 9 000.00 € - fixed interest 13.75 %
Investing from 15 000.00 € - fixed interest 14 %
Investing from 20 000.00 € - fixed interest 14.5 %
Investing from 25 000.00 € - fixed interest 15 %

Expected investment yield to - 0%

Loan term and repayment

Loan period 8 mo.

Minimum loan period 6 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2023-04-28

Estimated loan repayment date:* 2023-12-12

If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.

* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.

Procedure for disputes between parties to a financing transaction

The investor has the right to withdraw their investment within 1 hours from the submission of the money lending proposal on the platform

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Waiting for investments

-

Raised:
16 500 € Goal:
130 000 €

12.69%

Risk group A (low)
Annual interest rate
12% - 14%
LTV 70%
Payout frequency Monthly
Months 13
Collateral Real estate pledge

Details

Waiting for investments

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Raised:
0 € Goal:
30 000 €

Risk group A (low)
Annual interest rate
10% - 12%
LTV 50%
Payout frequency Monthly
Months 12
Collateral Real estate pledge

Details

Waiting for investments

-

Raised:
5 101 € Goal:
10 000 €

51.01%

Risk group B (medium)
Annual interest rate
10% - 12%
LTV 50%
Payout frequency Quarterly
Months 6
Collateral Real estate pledge

Details

Waiting for investments

Buy to let project V. Šopeno str. 1B-26 (Purchase)

Raised:
400 € Goal:
134 000 €

0.29%

Risk group A (low)
Annual interest rate
6% - 6%
LTV 0%
Payout frequency Monthly
Months 40
Collateral Real estate pledge

Details

Waiting for investments

CAPITAL

Raised:
0 € Goal:
100 000 €

Risk group A (low)
Annual interest rate
10% - 13%
LTV 50%
Payout frequency Quarterly
Months 12
Collateral Real estate pledge

Details

Waiting for investments

VILNIUS

Raised:
0 € Goal:
500 000 €

Risk group C (higher)
Annual interest rate
9% - 9%
LTV 50%
Payout frequency Quarterly
Months 13
Collateral Real estate pledge

Details

Waiting for investments

CAPITAL4

Raised:
0 € Goal:
100 000 €

Risk group B (medium)
Annual interest rate
10% - 10%
LTV 50%
Payout frequency Monthly
Months 8
Collateral Real estate pledge

Details

Waiting for investments

-

Raised:
0 € Goal:
100 000 €

Risk group A (low)
Annual interest rate
15% - 17%
LTV 50%
Payout frequency Monthly
Months 6
Collateral Real estate pledge

Details

Waiting for investments

-

Raised:
500 € Goal:
40 000 €

1.25%

Risk group A (low)
Annual interest rate
10% - 10%
LTV 50%
Payout frequency Monthly
Months 1
Collateral Real estate pledge

Details

Waiting for investments

Business loan #00251

Raised:
0 € Goal:
20 000 €

Risk group C (higher)
Annual interest rate
15% - 15%
LTV 0%
Payout frequency Monthly
Months 24
Collateral Guarantees / surety

Details

Will be announced soon