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Building a wealthy future
By Zola, D. | 26nd December, 2023
The client
They received an old townhouse from grandpa and didn’t consider to sell it. A good financing and some work afterwards, it is a beutiful place to spend the summer. Or generate some revenues as a short-term rental.
The challenge
Having all the paperwork in place to start the construction. And having enough funds to finish it without compromising their financial stability.
The deal
Nationality: portuguese
Property Value: 80.000€
Total Financing: 50.000€
Rates: 4.5%
Term: 37 years
Asset: single store townhouse with 2 bedrooms
Loan type: construction
Purpose: residential financing