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Residential Real Estate Seeking Loan in Tunari, Romania

Real estate developer that purchases finished houses and implements sustainable solutions before they are resold.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Contractors + 1 more
Locations  Tunari
Local Time 4:03 AM Europe / Bucharest
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 300 thousand for 10.0% annual interest, 5 years (Native Currency: RON 1,500,000)
Reason: Require funds to buy finished houses to increase the business portfolio and implement integrated sus... View More
Collateral Available: USD 190 thousand
Includes physical assets worth USD 190 thousand
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Business Overview

- Real estate developer and provider of integrated sustainable solutions.

- Our company is registered with the address of an owned property in Bucharest but we operate out of a rented facility in Tunari.

- We mainly focus on purchase of finished residential properties within Ilfov County for resale.

- Before the properties are resold we implement renewable energy systems, floor heating for livable spaces, water filtering and purifying systems.

- When we resell the properties we are generally able to sell them at a premium of 25%.

- So far we have bought and resold one property and now seek funds to purchase additional properties.

- We have strong relations with 4 contractors who each provide different services and solutions.

- Company has a web domain that is currently under development.

- Promoter has over 4 years experience in the real estate industry.

Products & Services Overview

Implementation of renewable energy systems, heating sol-water pumps, water filtering and purifying systems in residential properties so they can be resold.

Assets Overview

Our assets include the website, contractor details and a network of real estate developers. Also own a property of 45 Sq M in Bucharest where the company is registered.

Facilities Overview

Rented facility on the ground floor that covers 100 Sq M with a 300 Sq M yard.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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