$220,000 USD Investment in Barreal
Private Lenders Investor Alert
EARN 13% INTEREST PER YEAR!
“Investment in Barreal, Heredia”
Invest $220,000 USD
Earn $2,383.33 per month
That is $28,600 per year
It is a 36-month term loan
That is $85,800 in profits
DETAILS OF INVESTMENT IN BARREAL:
Amount Requested: $220,000 USD
Loan-to-Value Ratio: about 37%
Term Desired: 3 years
Grupo GAP Valuation: $600,000 USD
Land Area: 310 m2
Construction Area: 930 m2
Property Location: Barreal, Heredia
This brand new apartment building with 4 levels is located very close to the Industrial Zone of Barreal, Heredia. This zone is known as a business park in the heart of Heredia. It is home to companies engaged in advanced manufacturing, medical device manufacturing, and software development. Given the quantity of people that work at the business park, this is an excellent location for renting out the condo units of this property.
Loan Purpose: the borrower is buying the property and wants to finance the purchase.
Property Description: It has 9 apartments (53.5 m2 – 67 m2) + 1 penthouse (227.5 m2), an elevator, and a parking place at the front for 5 cars.
Total income from all rented units – $4,000 USD per month.
If you are interested in this Investment in Barreal, Heredia, CLICK HERE
Money lending is a fast-moving business; we need lenders to understand that and make quick decisions. Keep in mind that borrowers may have already applied to other lending companies. Because of that, we try to close loans within a few days. (If we don’t, the competition will!)
Make safe, consistent returns by investing in Costa Rica each month by making a home equity loan in Costa Rica secured by a mortgage.
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Article by Glenn Tellier (Founder of CRIE and Grupo Gap)
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