This investment opportunity is the final part of development project at Tammelehe street (Tabasalu, Harku county, Harjumaa) which includes building 3 row houses. The first phase of the development - building a row house with 6 apartments at Tammelehe 2 which involved also Crowdestate investors, has been successful as all the apartments are sold and house will be ready by Autumn 2018. Tammelehe 4 - also funded by Crowdestate - foundation is completed, building of house elements has started and 50% of apartments (3 units) are sold. Tammelehe 6 project is planned as a copy of previous two houses, enabling much shorter production time. Building permit for Tammelehe 6 has been issued and preparation works on site have started.The Sponsor, Tammelehe Arenduse OÜ intends to fund Tammelehe 6 development with Crowdestate investors. The project offers possibility to fund the development in the total amount of EUR 720 000.  Financing is arranged in tranches according to the invoices submitted by the main contractor. With each new funding round, the value of the underlying asset will increase until the row house is completed. The first funding round of Tammelehe 6 development requires funding in the amount of EUR 145,000.  The investment period of this tranche is up to 8 months and is paying a 11.0% interest rate p.a. Additionally, Sponsor has an option to unilaterally extend the loan period for up to 4 months with commitment to pay additional 2% interest for the extended period. The loan is secured by a first rank mortgage.

Investment opportunity secured with a 1st lien mortgage in Tabasalu, Estonia.

Investment opportunity | Tammelehe row houses (IV)

This investment opportunity is the final part of development project at Tammelehe street (Tabasalu, Harku county, Harjumaa) which includes building 3 row houses. The first phase of the development - building a row house with 6 apartments at Tammelehe 2 which involved also Crowdestate investors, has been successful as all the apartments are sold and house will be ready by Autumn 2018. Tammelehe 4 - also funded by Crowdestate - foundation is completed, building of house elements has started and 50% of apartments (3 units) are sold. Tammelehe 6 project is planned as a copy of previous two houses, enabling much shorter production time. Building permit for Tammelehe 6 has been issued and preparation works on site have started.The Sponsor, Tammelehe Arenduse OÜ intends to fund Tammelehe 6 development with Crowdestate investors. The project offers possibility to fund the development in the total amount of EUR 720 000.  Financing is arranged in tranches according to the invoices submitted by the main contractor. With each new funding round, the value of the underlying asset will increase until the row house is completed. The second funding round of Tammelehe 6 development requires funding in the amount of EUR 225,000.  The investment period of this tranche is up to 7 months and is paying a 11.0% interest rate p.a. Additionally, Sponsor has an option to unilaterally extend the loan period for up to 4 months with commitment to pay additional 2% interest for the extended period. The loan is secured by a first rank mortgage.

Käesolev investeerimisvõimalus on viimane osa Tammelehe (Tabasalu alevik, Harku vald, Harjumaa) tänava ridaelamute arendusprojektist, mis koosneb 3-st eraldiseisvast kinnistust, millest igale ehitatakse 6 korteriga ridamaja. Esimeses etapis valmib 2018. aasta sügisel Tammelehe 2; maja on käesoleva projekti avaldamise ajaks müüdud ja käivad siseviimistlustööd. Tammelehe 4 on käesoleva projekti alguseks jõudnud faasi, kus 3 korterit on müüdud ja majatehases on majaelementide tootmine alanud. Nii Tammelehe 2 kui ka Tammelehe 4 on finantseeritud Crowdestate' investorite kaasabil. Käesolev projekt, Tammelehe 6 on selle arenduse viimane maja. Arhitektuursed- ja ehituslikud lahendused kopeerivad eelmiste majade projekte, mis võimaldab maja tootmisprotsessi oluliselt lühendada. Ehitusluba on väljastatud, vundamendi ettevalmistustööd on alanud. Projekti Sponsor, Tamme Arenduse OÜ ühisrahastuskampaania eesmärgiks on rahastada Tammelehe tn. 6 asuva 6 korteriga ridaelamu ehitusfinantseerimist kogusummas kuni 720.000 eurot. Ehitust finantseeritakse etappidena, mis vastab ehituse akteeritud tööde mahule ja maksegraafikule. Iga etapi rahastamisega seonduvalt toimub projekti tagatisvara väärtuse järk-järguline kasv kuni ridaelamu valmimiseni.Käesoleva, järjekorras teise etapi finantseerimismaht on 225 000 EUR, laen on tagatud 1. jrk. hüpoteegiga kinnistule ja fikseeritud intressimääraks on 11,0% aasta baasil. Laenulepingu tähtajaks on kavandatud 7 kuud, millele lisandub optsioon Sponsori poolt ühepoolselt laenuperioodi kuni 4 kuu võrra pikendada ning millisel juhul maksab Sponsor pikendusperioodi vältel laenujäägilt lisanduvad 2% intressi.

Investment opportunity | Tammelehe row houses

This investment opportunity is the final part of development project at Tammelehe street (Tabasalu, Harku county, Harjumaa) which includes building 3 row houses. The first phase of the development - building a row house with 6 apartments at Tammelehe 2 which involved also Crowdestate investors, has been successful as all the apartments are sold and house will be ready by Autumn 2018. Tammelehe 4 - also funded by Crowdestate - foundation is completed, building of house elements has started and 50% of apartments (3 units) are sold. Tammelehe 6 project is planned as a copy of previous two houses, enabling much shorter production time. Building permit for Tammelehe 6 has been issued and preparation works on site have started.The Sponsor, Tammelehe Arenduse OÜ intends to fund Tammelehe 6 development with Crowdestate investors. The project offers possibility to fund the development in the total amount of EUR 720 000.  Financing is arranged in tranches according to the invoices submitted by the main contractor. With each new funding round, the value of the underlying asset will increase until the row house is completed. The first funding round of Tammelehe 6 development requires funding in the amount of EUR 145,000.  The investment period of this tranche is up to 8 months and is paying a 11.0% interest rate p.a. Additionally, Sponsor has an option to unilaterally extend the loan period for up to 4 months with commitment to pay additional 2% interest for the extended period. The loan is secured by a first rank mortgage.

Rahastuseesmärk:	€ 225000
Oodatav tootlus:	11.44 % aastas
Investeerimisperiood:	11 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Tammelehe 6, Tabasalu (II)

Rahastatud investeeringud