R. Feldmana 2, LV-1014, Riga
Mezaparks Residences by Lake Kisezers
- Start of investment period19.01.2018
- Start time11.01.2018 13:00
- Asset classResidential
- Investment typeDevelopment
- Investment end date30.04.2020
- Remaining term31 days
- Expected rate of return23.26% p.a.
- Expected cash yield%
- No of investors995
- Goal€1 575 000
The Project, located at Roberta Feldmana street 2 and Bremenes street 1A in Riga, Latvia, consists of the acquisition of 2 land plots and 9 partially constructed residential buildings located in very heart of Mezaparks and close to Lake Kisezers. The Project has a valid construction permit.
Crowdestate's investors have an opportunity to invest up to 1.575.000 euros into this Project, to acquire 35% equity stake in the development company and receive the proportional part of project's profits, paid out as variable interest. Investment time horizon is circa 28 months with an estimated net return (IRR) of 23.26% per annum.