This investment opportunity is a secured development loan for a real estate development project, located at Pumpuru iela 3A, Jūrmala, Latvia.The Sponsor of this opportunity aims to raise EUR 507,000 in total, arranged in several tranches. The goal of this third and closing tranche is EUR 40 000.The purpose of this loan is to finance the acquisition of the above-mentioned development property and to fund the first stage of the development (redesign of an existing project, construction permit).The land plot is free of buildings. According to local zoning, it is allowed to build an apartment house up to 21 apartments on the property.The fixed interest rate for this funding round is 14% per annum.There are no periodical payments. The loan will be returned and accrued interest will be paid from sales of the property or from refinancing.The loan period is 12 months.The loan will be secured by 2nd. rank mortgage on the Pumpuru iela 3A property. The value of this 4,594 m2 land plot according to the valuation document is EUR 811,000.Total LTV (loan to value ratio) is 62,5%.

Invest in prime real estate in Latvia and earn 14% p.a.

Investment opportunity | 14% return p.a.

This investment opportunity is a secured development loan for a real estate development project, located at Pumpuru iela 3A, Jūrmala, Latvia.The Sponsor of this opportunity aims to raise EUR 507,000 in total, arranged in several. The goal of this third and closing tranche is EUR 40 000.The purpose of this loan is to finance the acquisition of the above-mentioned development property and to fund the first stage of the development (redesign of an existing project, construction permit).The land plot is free of buildings. According to local zoning, it is allowed to build an apartment house up to 21 apartments on the property.The fixed interest rate for this funding round is 14% per annum. There are no periodical payments. The loan will be returned and accrued interest will be paid from sales of the property or from refinancing.The loan period is 12 months.The loan will be secured by 2nd rank mortgage on the Pumpuru iela 3A property. The value of this 4,594 m2 land plot according to the valuation document is EUR 811,000.Total LTV (loan to value ratio) is 62,5%.

Invest in real estate in Latvia and earn 14% p.a.

Meie järgmiseks investeerimisvõimaluseks on tagatud sildlaen kinnisvara arendusprojekti rahastamiseks. Projekti aadressiks on Pumpuru iela 3A, Jūrmala, Läti Vabariik.Sponsori eesmärgiks on kaasata kokku 507,000 eurot, mida tehakse kolme rahastusvooru kaudu. Käesoleva, kolmanda, rahastusvooru suuruseks on 40,000 eurot.Laenu otstarbeks on ülalmainitud aadressil asuva kinnistu omandamise ning arendusprojekti esimese faasi kulude rahastamine (olemasoleva projekti korrigeerimine ning ehitusloa taotlemine).Kinnistu on hoonestamata ja vastavalt kehtestatud detailplaneeringule on võimalik kinnistule ehitada 21 korteriga korterelamu.Käesoleva laenu fikseeritud intressimääraks on 14% aasta baasil. Perioodilisi intressimakseid ei tehta. Laenu perioodiks on 12 kuud.Laenu tagatiseks on 2. järjekoha hüpoteek kinnistule aadressil Pumpuru iela 3A, Jūrmala. Kinnistu suuruseks on 4,594 m2 ja selle väärtus vastavalt hindamisaktile on 811,000 eurot.Laenu ja tagatisvara suhteks (LTV) käesoleva rahastusvooru tulemusena moodustub 62,5%.

Hüpoteegiga tagatud lühiajaline investeerimisvõimalus

Investment opportunity | Crowdestate

This investment opportunity is a secured development loan for a real estate development project, located at Pumpuru iela 3A, Jūrmala, Latvia.The Sponsor of this opportunity aims to raise EUR 507,000 in total, arranged in several tranches. The goal of this third and closing tranche is EUR 40 000.The purpose of this loan is to finance the acquisition of the above-mentioned development property and to fund the first stage of the development (redesign of an existing project, construction permit).The land plot is free of buildings. According to local zoning, it is allowed to build an apartment house up to 21 apartments on the property.The fixed interest rate for this funding round is 14% per annum.There are no periodical payments. The loan will be returned and accrued interest will be paid from sales of the property or from refinancing.The loan period is 12 months.The loan will be secured by 2nd. rank mortgage on the Pumpuru iela 3A property. The value of this 4,594 m2 land plot according to the valuation document is EUR 811,000.Total LTV (loan to value ratio) is 62,5%.

Rahastuseesmärk:	€ 40000
Oodatav tootlus:	14 % aastas
Investeerimisperiood:	14 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Pumpuru iela 3A, Jūrmala (III)

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