The Sponsor offers an investment opportunity and grants a 40 000 Euros loan secured by a 1st rank mortgage on Rua da Igreja, Gião, Vila do Conde Real Estate land.The expected total loan amount for this project is 160 000 Euros.The purpose of the loan is to provide capital for constructing one individual house in Gião, Vila do Conde, Portugal.The house was sold in the pre-sales stage.According to the attached appraisal, the estimated market value of this collateral is 78 900 Euros. Therefore, because 85 500 Euros were already collected from down payments, and the 1st rank mortgage of 160 000 Euros, if Crowdestate investors fund the total amount, we reach an LTV of 61%.The interest rate of this tranche is 12% per annum.The loan period is 12 months, with a Sponsor's option to extend the loan period by 3 months with the obligation to increase the interest rate by 2% for the extended period.The principal payment will be made at the end of the loan period.The first 12 months' interest will be paid at the end of the 12 months. In the case of using the contract extension period of 3 months, the interest will be paid at the end of the 3 months extension.The loan will be repaid from the sale of the house. The first rank mortgage over the Rua da Igreja, Gião, Vila do Conde property will be established under the Crowdestate name.

Real estate investing opportunity in Portugal for property development offering 12% annual interest rate.

Investing in real estate opportunity | Rua da Igreja, Gião, Vila do Conde, Portugal

The Sponsor offers an investment opportunity and grants a 40 000 Euros loan secured by a 1st rank mortgage on Rua da Igreja, Gião, Vila do Conde Real Estate land.The expected total loan amount for this project is 160 000 Euros.The purpose of the loan is to provide capital for constructing one individual house in Gião, Vila do Conde, Portugal.The house was sold in the pre-sales stage.According to the attached appraisal, the estimated market value of this collateral is 78 900 Euros. Therefore, because 85 500 Euros were already collected from down payments, and the 1st rank mortgage of 160 000 Euros, if Crowdestate investors fund the total amount, we reach an LTV of 61%.The interest rate of this tranche is 12% per annum.The loan period is 12 months, with a Sponsor's option to extend the loan period by 3 months with the obligation to increase the interest rate by 2% for the extended period.The principal payment will be made at the end of the loan period.The first 12 months' interest will be paid at the end of the 12 months. Using the contract extension period of 3 months, the interest will be paid at the end of the 3 months extension.The loan will be repaid from the sale of the house. The first rank mortgage over the Rua da Igreja, Gião, Vila do Conde property will be established under the Crowdestate name.

Käesolevaks investeerimisprojektiks on võimalus investeerida hüpoteegiga tagatud arenduslaenu summas EUR 40,000.Projekti Sponsor soovib kaasata kokku EUR 160,000. Käesoleva, laenu eesmärk on kaasata kapitali, et ehitada üks eramaja Giãos, Vila do Condes, Portugalis.Eramaja on juba müüdud.Laenu tagatiseks pakub projekti Sponsor 1. järgu hüpoteeki sellele samale kinnistule, mille väärtuseks on hetkel EUR 78,900. Seega, kui arvestada, et EUR 85,500 on kogutud maja ettemaksust ning kui rahastusvooruga saadakse kokku täissumma, siis moodustub LTV 61%.Fikseeritud intressimääraks on 12% aasta baasil.Laenuperioodiks on 12 kuud. Sponsoril on ühepoolne õigus laenuperioodi ühel korral pikendada 3 kuu pikkuseks perioodiks, makstes pikendusperioodi vältel 2% võrra kõrgemat intressi.Laenu põhisumma makstakse tagasi laenuperioodi lõpus. Esimese 12 kuu intressimaksed tehakse 12. kuu lõpus. Juhul, kui Sponsor kasutab veel 3 kuu pikendusperioodi, siis tasutakse need intressimaksed peale pikendusperioodi lõppu.Laenu tagastamise allikaks on maja müük.

Rahastuseesmärk:	€ 40000
Oodatav tootlus:	12 % aastas
Investeerimisperiood:	12 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Rua da Igreja, Gião, Vila do Conde

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