Status
100%
financed
Share
 crowdfunding opportunity project pitch by CrowdEstate){kind=link}
Funding data (31 July 2017)
Raised
EUR
550,000.00
Min. Goal
EUR
550,000.00
Min. investment
EUR
100.00
Details
Country
Estonia
Type
N/ASecured debt
Sector
Real EstateLeisure
End date
31 July 2017
(2821 days)
Total yield
12.00%
Annual yield
12.00%
Duration/Maturity
12 months
investors
522
Description
“With this investment opportunity, Crowdestate investors participate in the refinancing of a short term loan issued for the completion of the first phase of Rataskaevu 5 development. This upcoming loan offers Crowdestate investors a short term investment opportunity with the investment term of 12 months and an annual interest rate of 12%. The loan is secured by a 2nd lien mortgage on a prime property of Rataskaevu 5, located in the highly valued Old Town of Tallinn. Brava Grupp OÜ, the owner and the developer of the property, seeks to raise 550,000 euros.”