Päevalille 2, 13517 Tallinn
- Start of investment period31.10.2019
- Start time28.10.2019 10:06
- Asset classResidential
- Investment typeDevelopment
- Investment end date31.03.2021
- Remaining term12 months
- Expected rate of return13.5% p.a.
- Expected cash yield%
- No of investors910
- Goal€200 000
Rocca Villa is a new residential development project, located in Haabersti district of Tallinn, executed by the largest Estonian residential real estate developer Endover Real Estate. Rocca Villa is the first of 5 new residential and mixed-use buildings forming a new Rocca Towers complex.
Endover Real Estate is a well-known Sponsor to Crowdestate' investors as Crowdestate’s investors have previously crowdfunded 12 different development projects by Endover Real Estate - 9 of them have already been successfully exited and 3 are in their development stage. Endover Real Estate has a long, proven track record as a professional real estate developer and a highly successful sales and marketing organization.
Crowdestate’s investors have an opportunity to crowdfund up to EUR 200,000 and participate in the development of Rocca Villa residential building at the address Päevalille St 2 (former address Ehitajate tee 145), Tallinn.
The investment term is up to 18 months.
This investment earns a 13,5% annual interest, payable quarterly. The IRR of this investment is 14,21%.
The loan is secured by 2. rank mortgage on the property.