Lõokese 5, 11311 Tallinn

Details

Country

Estonia

Type

N/AUnsecured debt

Sector

Real EstateResidential

End date

08 March 2016 (3625 days)

Total yield

26.26%

Annual yield

13.70%

Duration/Maturity

23 months

investors

293

“With this development project, the Sponsor Lõokese Arendus OÜ shall erect at Lõokese 5 land plot a remarkable - circle-shaped row house. The construction permit was issued in October 2015 and construction works should commence during Q1, 2016. The completion of the construction works is planned at Q4, 2016.  Crowdestate investors have been invited to participate by funding the project in the amount of EUR 590. 000. The annual fixed net return of the investment is 13. 7%.”