As part of our new project, investors have an opportunity to finance the construction of Kasteheina road 2 and 4 two single-family houses in the total amount of 200,000 euros. Amount to be raised in the current third round is 65,000 euros. Loans are secured by the 1st mortgage on two properties. The project owner returns loans from the sales revenue of aforementioned properties. The properties are located 15 km (approx. 20 minutes by car) from Tallinn city center in Hüüru village, Saue municipality. It is <a href="https://majakas.crowdestate.eu/m%C3%B5isaniidu.ee/et" target="" style="background-color: transparent;color: rgb(73, 131, 195);">Mõisaniidu</a> residential area, which consists of 37 single-family house plots and where utility network and roads are fully built.Construction is in progress and two houses will be built at the same (see the attached photos as at February 28, 2024). The market value of one property (including unfinished building) was 176,000 euros at the start of the funding. Estimated future value of one house, when the construction work is completed, is 393,000 euros. LTV of the project will be up to 45% during the construction phase. Loan period is up to December 31, 2024 (10 months). Loan interest rate is 12% and it will be paid at the end of the loan period or by the time of signing real right sales contracts of Kasteheina tee 2 and 4. Investors have previously financed the project owner's developments at Väljamaa tee 6, 11 and 12. Exit from this project took place correctly and on time.

Real estate investment opportunity in Estonia for property development offering 12% annual interest rate.

Construction loan | Kasteheina road 2 and 4

As part of our new project, investors have an opportunity to finance the construction of Kasteheina road 2 and 4 two single-family houses in the total amount of 200,000 euros. Amount to be raised in the current third round is 65,000 euros. Loans are secured by the 1st mortgage on two properties. The project owner returns loans from the sales revenue of aforementioned properties. The properties are located 15 km (approx. 20 minutes by car) from Tallinn city center in Hüüru village, Saue municipality. It is <a href="https://majakas.crowdestate.eu/m%C3%B5isaniidu.ee/et" target="" style="background-color: transparent;">Mõisaniidu</a> residential area, which consists of 37 single-family house plots and where utility network and roads are fully built.Construction is in progress and two houses will be built at the same (see the attached photos as at February 28, 2024). The market value of one property (including unfinished building) was 176,000 euros at the start of the funding. Estimated future value of one house, when the construction work is completed, is 393,000 euros. LTV of the project will be up to 45% during the construction phase. Loan period is up to December 31, 2024 (10 months). Loan interest rate is 12% and it will be paid at the end of the loan period or by the time of signing real right sales contracts of Kasteheina tee 2 and 4. Investors have previously financed the project owner's developments at Väljamaa tee 6, 11 and 12. Exit from this project took place correctly and on time.

Real estate investment opportunity in Estonia for property development offering 12% annual interest rate, mortgage secured loan

Toome teieni uue investeerimisvõimaluse - Kasteheina tee 2 ja 4 eramajade ehituse finantseerimine kokku summas 200 000 eurot, millest praeguse kolmanda vooru summa on 65 000 eurot. Projektiomanik ehitab majad valmis, müüb need maha ja maksab laenu tagasi. Kinnistud asuvad Tallinna kesklinnast 15 km (u. 20 minutit autosõitu) kaugusel Saue vallas Hüüru külas. Krundid asuvad Mõisaniidu elamupiirkonnas, mis koosneb 37 ühepereelamu krundist ja kus kõik kommunikatsioonid on terviklikult välja ehitatud. Hoonete ehitus käib ja kahte elamut ehitatakse üheaegselt. Ühe kinnistu turuväärtus oli rahastamise algushetkel 176 000 eurot. Väljastatavad laenud on tagatud 1. järjekoha ühishüpoteegiga Kasteheina tee 2 ja 4 kinnistutele. Projekti LTV ulatub ehituse käigus kuni 45%-ni.Laenuperiood on kuni 31.12.2024 (10 kuud). Intress on 12% p.a. ja see makstakse ühekordse maksena perioodi lõpus või hoonestatud kinnistute asjaõiguslike müügilepingute sõlmimisel. Investorid on varasemalt rahastanud sama projektiomaniku arendusi samas piirkonnas - Väljamaa tee 6, 11 ja 12. Projektid olid edukad ja laenud maksti tähtaegselt tagasi.

Rahastuseesmärk:	€ 65000
Oodatav tootlus:	12.1 % aastas
Investeerimisperiood:	10 kuud
Riskikategooria:	A Riskihindamise mudel
LTV:	Madal risk 37%
Capital stack:	Tagatud laen

Kasteheina tee 2 ja 4, Saue vald (III)

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