Located in the picturesque country of Portugal, specifically in Lousada, investors have the opportunity to finance 390,000 Euros for a Bridge Loan project. This investment aims to address cash flow needs and support the development of ongoing projects. The property serving as collateral for this project is situated at Rua da Portela, Nogueira, in Lousada municipality.

The Project Owner is offering a 2-storey T4 house as collateral for the loan, with a Loan-to-Value (LTV) ratio of 67% over the next 12 months. The house features an equipped kitchen, bathroom, living room on the ground floor, and 4 bedrooms (suites) on the 1st floor. The property is in good condition with quality finishes, an outside garden, and pedestrian areas in cobblestone (granite), located just 2 km from the center of Lousada.

Based on the attached appraisal, the estimated market value of the real estate collateral is 581,400 Euros. If Crowdestate investors fully fund the loan amount, the LTV ratio will be maintained at 67%. The interest rate for this tranche is set at 12% per annum, with a loan period of 12 months. The Project Owner has the option to extend the loan period by 6 months, with a 2% increase in the interest rate for the extended period.

Interest and principal payments will be due at the end of the loan term, with repayment coming from the sale of the property, ongoing projects, refinancing, or the Project Owner’s operating revenues. All investors involved in projects based in Portugal are subject to a 10% withholding tax rate.