Source: STM.co
| Total Raise | $780,000 USD |
| Soft Cap | $0 USD |
| Raise Status | Closed |
| Minimum Investment | $0 USD |
| Accepted Investors | International Non-US |
| Exemptions | RegS |
| Instrument | Equity |
| Token Issuance Info | No lock up period due to RegS |
| Price Per (RealT) | $47.72 USD |
| Token Issuance Platform | RealT |
| Secondary Marketplace | Levinswap |
| Blockchains Available On | Gnosis Chain |
| Security Type | Equity |
| Asset Class | Real Estate |
| Payment Options | Other |
Token Rights
Each token grants the token holder the right to rent payments made by the tenant in the form of USDC or XDAI (stablecoin). Expected Income: 10.50%
Unit 28-D at La Maison by Fendi House in Santa Maria epitomizes luxury living in Panama's most prestigious residential area. This 355 square meter apartment was initially listed at $1,250,000, but the price was successfully negotiated down to $1,200,000 by the expatriate borrower. RealT has extended a loan of $780,000 for this unit, representing a Loan to Value (LTV) ratio of 65%, with an interest rate of 10.50% per annum, calculated monthly. The first six months of interest are prepaid and deposited into the RMM, and the principal can only be repaid or reduced on the loan's anniversary, ensuring stability and predictability in the early stages of the loan. This luxurious unit offers residents access to the top-tier amenities of Santa Maria, including a world-class golf course, social and sports clubs, and diverse dining options, along with the convenience of a commercial plaza, country club, and Marriott hotel.
Property Type: Condominium
Full Address: La Maison by Fendi, Calle the Crescent, Apt. 28D, Panama City, PaP, Panama
Country: Panama
Source: RealT
Neighborhood: Santa Maria Golf and Country Club
Construction Year: 2024
Total Units: 1 Unit
Bedroom/Bath: 3 Beds / 3 Baths
