Stato progetto

100%

finanziata

Condividi

Dati finanziari (07/08/2019)

Ammontare raccolto
EUR 250.000,00
Obiettivo minimo
EUR 250.000,00
Investimento minimo
EUR 100,00

Dettagli

Nazione
Estonia EE
Tipologia
N.d.Secured debt
Settore
ImmobiliareResidential
Termine raccolta
07/08/2019 (1806 giorni)
Rendita totale
11.92%
Rendita annuale
11.00%
Durata
13 mesi
investitori
536

Descrizione

“This project provides Crowdestate investors with an opportunity to invest in development of row house development project in Tartu, Klaose st. 12 and Klaose st. 14, located in exclusive Kvissental precinct. Kvissental is highly valued and private neighbourhood quite next to River Emajõgi on the northern border of Tartu, the second largest city in Estonia. As the result of this project, two row houses with six apartments in each will be built and sold.  The Sponsor of the project is established construction entrepreneur who functions also as main contractor in this project. The Sponsor is currently developing neighbouring properties at Aeru st. 9 and Aeru st. 11, building two row houses identical with Klaose st. row houses. Also this project was funded by Crowdestate investors. Aeru development is currently in process of applying for use permits. About 50% of Aeru st. row houses are sold, validating pricing and product also for current, Klaose st. development. Crowdestate investors have an opportunity to finance the construction of Klaose st. 12 and Klaose st 14 in the amount of EUR 760,000 in total.  The second funding round has an objective to raise EUR 250,000.  The loans are secured by first rank mortgage on the Klaose st. 12 and Klaose st. 14 properties. The loan term is 13 months. Fixed interest rate for this funding round is 11% per annum. There would be no periodical interest payments. The loan will be returned and outstanding interest will be paid out according to sales as 100% of sales revenues will be transferred to payouts to investors, but not later than expiry date.”

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