Kasteheina St. 5 row-house development is our new project. Investors are offered an opportunity to finance the construction of 5-apartment row-house in the total amount of up to 440,000 euros. The amount to be raised in the current fifth round is 100,000 euros. Properties are located near <a href="https://en.wikipedia.org/wiki/Elva,_Estonia" target="" style="background-color: transparent;color: rgb(73, 131, 195);">Elva</a> small town, approx. 20 km (15 minutes drive) from Tartu city center. Tartu is the second largest city of Estonia. Kasteheina 5 row-house is right in the middle of a new <a href="http://aasalillekodud.ee/" target="" style="background-color: transparent;color: rgb(73, 131, 195);">Aasalille Kodud</a> (Aasalille Homes) residential area consisting of approx. 80 residential units.  Construction is underway: the house box is ready - construction of walls is finished and the roof panels are installed. Expected construction deadline is autumn 2024. The size of each row-house apartment is ~107 m2. Sales prices are 195,000 - 205,000 euros. Investors' loans are secured by a first-rank mortgage on Kasteheina St. 5 immovable. Total market value of unbuilt property is 97,000 euros. Total future value will be 955,000 euros provided that all apartments are 100% completed. Cost-based LTV of the project will be below 70% during the construction. Interest rate is 12% p.a. Interest is payable as a lump sum at the end of the period or by the time of signing real right sales contracts. Investment period is up to 9 months. The project owner has a right to extend the period once by 3 months. Extension period interest is 14% p.a.Crowdestate investors have previously financed the construction of six single-family houses by the same project owner at the addresses Veeru tee 2, 4, 6, 8, 10 and 12. The projects were successful and loans were returned correctly.

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

Real estate investment | Kasteheina St. 5

Kasteheina St. 5 row-house development is our new project. Investors are offered an opportunity to finance the construction of 5-apartment row-house in the total amount of up to 440,000 euros. The amount to be raised in the current fifth round is 100,000 euros. Properties are located near <a href="https://en.wikipedia.org/wiki/Elva,_Estonia" target="">Elva</a> small town, approx. 20 km (15 minutes drive) from Tartu city center. Tartu is the second largest city of Estonia. Kasteheina 5 row-house is right in the middle of a new <a href="http://aasalillekodud.ee/" target="">Aasalille Kodud</a> (Aasalille Homes) residential area consisting of approx. 80 residential units.  Construction is underway: the house box is ready - construction of walls is finished and the roof panels are installed. Expected construction deadline is autumn 2024. The size of each row-house apartment is ~107 m2. Sales prices are 195,000 - 205,000 euros. Investors' loans are secured by a first-rank mortgage on Kasteheina St. 5 immovable. Total market value of unbuilt property is 97,000 euros. Total future value will be 955,000 euros provided that all apartments are 100% completed. Cost-based LTV of the project will be below 70% during the construction. Interest rate is 12% p.a. Interest is payable as a lump sum at the end of the period or by the time of signing real right sales contracts. Investment period is up to 9 months. The project owner has a right to extend the period once by 3 months. Extension period interest is 14% p.a.Crowdestate investors have previously financed the construction of six single-family houses by the same project owner at the addresses Veeru tee 2, 4, 6, 8, 10 and 12. The projects were successful and loans were returned correctly.

Meie uus projekt pakub võimalust rahastada Kasteheina tn 5 ridamaja ehitust Nõo vallas Uuta külas. Tegemist on 5 korteriga ridamajaga, mis asub Tartust u. 20 km kaugusel (15 minutit autosõitu), väikelinna Elva külje all. Investorid annavad projekti rahastamiseks 1. järjekoha hüpoteegiga tagatud laenu kokku kuni 440 000 eurot. Praeguse viienda vooru maht on 100 000 eurot. Projekti omanik ehitab ridaelamu valmis ja maksab korterite müügitulust Crowdestate investorite laenu tagasi.Ehitus käib: majakarp on valmis - müüriladumine on lõpetatud ja katuslaed paigaldatud. Ehituse eeldatav tähtaeg on sügis 2024.Ridaelamu korterite suurused on u. 107 m2 ja müügihinnad on 195 000 - 205 000 eurot. Investorite laenud on tagatud 1. järjekoha hüpoteegiga Kasteheina tn 5 kinnistule. Hoonestamata kinnistu turuväärtus rahastamise alguse hetkel oli 97 000 eurot. Korterite summaarne tuleviku turuväärtus on 955 000 eurot eeldusel, et ehitustööd on 100% lõpetatud. Projekti kulupõhine LTV ei ületa ehituse jooksul 70%.Laenudelt arvestatakse intressi 12% aasta baasil. Intress makstakse välja ühekordse maksena perioodi lõpus või korteriomandite müümisel. Laenuperiood on kuni 9 kuud. Laenusaajal on õigus laenulepingu tähtaega ühel korral kuni 3 kuud pikendada. Pikendamisperioodi intress on 14% aasta baasil.Kasteheina 5 ridaelamu asub uues <a href="http://aasalillekodud.ee/" target="">Aasalille Kodude</a> elupiirkonnas, kus kommunikatsioonide ehitus on lõpujärgus. Aasalille Kodude krundiarendust viib ellu sama arendaja, kes ehitab Kasteheina 5 ridamaja. Crowdestate investorid on varem rahastanud sama projektiomaniku kuue ühepereelamu ehitust aadressidel Veeru tee 2, 4, 6, 8, 10 ja 12. Projektid olid edukad ja laenud tagastati korrektselt.

Ridamaja ehituse finantseerimine, Tartu, Nõo vald, Uuta küla, laenuintress 12% aasta baasil

Rahastuseesmärk:	€ 100000
Oodatav tootlus:	12.3 % aastas
Investeerimisperiood:	8 kuud
Riskikategooria:	D Riskihindamise mudel
LTV:	Madal risk 64%
Capital stack:	Tagatud laen

Kasteheina tn 5, Nõo (V)

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