$210,000 Multi-Collateral Equity Loan
Private Lenders Investor Alert
“Multi-Collateral Equity Loan Opportunity”
Earn 12.5% interest per year
Invest $210,000.00
Earn $2,187.50 per month
That is $26,250.00 per year
It is a 24 – month term loan
That is $52,500.00 in profits
DETAILS OF MULTI-COLLATERAL EQUITY LOAN:
Amount Requested: $210,000 USD
Term Desired: 2 years
Loan-to-Value Ratio: about 43.7%
Note:
- The loan funds will be used to cancel a current credit line accrued due to the COVID-19 pandemic.
- 3 pieces of collateral property will guarantee the loan.
- The collateral properties are located in the Greater Metropolitan Area of San José.
- The borrower is a “Triple-A” Business Partner in the industry of Commercial/Residential Land Development.
Collateral Property #1 – Condominium Home
Construction area: about 207 m2 (2 floors)
Land Area: about 133 m2
Collateral Property #2 – Office Building
Construction area: about 150.57 m2 (office), about 18.90 m2 (kitchen), about 5.79 m2 (Portico), about 36.65 m2 (Tapias)
Land Area: about 598 m2
Collateral Property #3 – Land Lot
Land Area: about 1425 m2
Collateral Description – Home (Urbanización Montealegre)
ZAPOTE, SAN JOSÉ
This collateral property is a practical and modern 2-story condominium home in Zapote, San José, with 207 m2 of construction built on 133 m2 of land.
This remodeled condominium home belongs to the borrower and has been in their family for years. It has great sentimental value, and they have no plans on selling it. It is currently listed on Air BnB, generating income at $90.00/nightly.
The property is in a primarily residential area and close by to government buildings such as the Presidential House, which is the seat of the government of Costa Rica. The neighborhood of Zapote is just a 10-minute drive from downtown San José and is considered a quiet oasis amid city life.
Here are the specifics about the home:
- 3 bedrooms
- 2.5 bathrooms
- 1 kitchen (open style)
- 1 living room
- 1 garage (2 car capacity)
Collateral Description – Office Building (Hacienda vieja de Curridabat)
CURRIDABAT, SAN JOSÉ
This collateral property is a 211.76 m2 office building located in Curridabat, San José.
The borrower owns the building, and it is used as the location for their architectural business. The borrower’s business has been building high-profile commercial and industrial projects within Costa Rica for 20 years.
Note: The borrower has a very successful track record in commercial and industrial development; more information on request.
This collateral property is conveniently located in the San José suburb of Curridabat, located a few minutes from the downtown area of the capital city. In recent years, Curridabat has quickly become a popular area for new homes (including mansions) due to its proximity to (schools, universities, malls, etc.) The fair weather and tropical climate make it a great place to call home.
Here are the specifics about the office:
- 1 large lobby/reception area
- 1 open workspace area
- 1 large conference room
- 2 private offices
- 2 bathrooms
- 1 kitchen (outside in covered patio/rancho area)
- 1 large backyard
Collateral Description – Lot (Tres Rios Centro)
TRES RIOS, CARTAGO
This collateral property is a 1425 m2 lot located in a great location near downtown Tres Rios, Cartago.
This lot is zoned for mixed-use, commercial or residential up to 3 floors.
Before the COVID-19 pandemic, the borrower filed all the necessary paperwork (permits, plans) that would have allowed them to build 10 residential units on the property. They stated that they continue to complete that project.
(CONDOMINIUM HOME GALLERY)
(OFFICE BUILDING GALLERY)
If you are interested in this Multi-Collateral Equity Loan, CLICK HERE
Do not miss this chance – CALL NOW +506 4001-6413
Money lending is a fast-moving business, and 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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