Horizonte · Alicante
Fictional example of a company seeking to complete a purchase before selling another property. A bridge loan is modelled against a company-owned home, with repayment from the sale of the second asset.
Fictional example. Amounts, timelines and outcomes are simulated. This is not a transaction completed by CIMBRA or a finance offer.
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THE TRANSACTION IN FIGURES
The example in figures.
- Funding
- 280,000 €
- Collateral value
- 700,000 €
- LTV
- 40.0 %
- Term
- 12 months
- Collateral
- Company-owned residential property
- Location
- Alicante
- Profile
- Property investment company
- Purpose
- Acquire a property before completing another sale
- Area / capacity
- 320 m²
- Days to completion
- 24
- Exit
- Sale of another company-owned property
- Status
- Repaid
LTV = funding / collateral value. Where available, days are counted from receipt of complete documents.
SIMULATED SCENARIO
The starting point
The company has a purchase opportunity with a shorter timetable than the sale of another property. This example models funding the gap without making the new acquisition depend on the exact sale completion date.
The structure
The example models €280,000 of funding against a home valued at €700,000, equivalent to 40% LTV. The term is 12 months. Assessment includes ownership, existing charges and evidence supporting the planned sale.
The outcome
In the simulated scenario, completion takes 24 days after receipt of complete documents. The purchase proceeds and the other property sale allows repayment in month eight. This invented outcome is not a guaranteed result.
YOUR NEXT PROJECT
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