Exited
  • Deadline
    20.04.2018
  • Start of investment period
    16.04.2018
  • Start time
    12.04.2018 12:00
  • Asset class
    Residential
  • Investment type
    Development
  • Investment end date
    31.10.2019
  • Remaining term
    Overdue 1-90 days
  • Expected rate of return
    14.11% p.a.
  • Expected cash yield
    %
  • No of investors
    635
  • Goal
    €500 000

Executive summary

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 as Crowdestate’s investors have previously crowdfunded 9 different development projects by Endover Real Estate - 6 of them have already been successfully exited and 3 are in their planned 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 500,000 and participate in the development of Rocca Villa residential building.

The investment term is up to 24 months, but depending on the actual sales speed of developed apartments, Endover Real Estate is estimating that the crowdfunded capital will be repaid in full within 16 - 20 months.

This investment earns a 13,5% annual interest, payable quarterly from the 6th month. The IRR of this investment is 14,11%.

Crowdestate

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