Our new project offers an opportunity to grant a mortgage loan secured by Tolli St. 3-6 apartment in Kuressaare, Saare county. The project owner intends to raise 130,000 euros for working capital needs of its company. The apartment is located in the environmentally valuable old town of Kuressaare, approx. 400 m from the heart of the city. <a href="https://en.wikipedia.org/wiki/Kuressaare" target="" style="background-color: transparent;">Kuressaare</a> is the administrative center of the biggest island of Estonia - Saaremaa. Apartment size is 150 m2. The loan is secured by a 1st mortgage on a Tolli 3-6 apartment. Market value of the property is 301,000 euros. LTV of the project is 43%. Loan term is June 30, 2025 (~18 months) and interest rate is 13% p.a. Interest is paid on a quarterly basis and loa principal will be paid at the end of the period by refinancing or by selling the apartment. The project owner has a right to extend the loan period once up to 3 months. Interest during the extension period will be 15% p.a.

Real estate investment opportunity in Estonia, mortgage loan secured by an apartment, offering 13% annual interest rate, quarterly payments

Tolli 3 - 6, Kuressaare

Our new project offers an opportunity to grant a mortgage loan secured by Tolli St. 3-6 apartment in Kuressaare, Saare county. The project owner intends to raise 130,000 euros for working capital needs of its company. The apartment is located in the environmentally valuable old town of Kuressaare, approx. 400 m from the heart of the city. <a href="https://en.wikipedia.org/wiki/Kuressaare" target="" style="background-color: transparent;">Kuressaare</a> is the administrative center of the biggest island of Estonia - Saaremaa. Apartment size is 150 m2. The loan is secured by a 1st mortgage on a Tolli 3-6 apartment. Market value of the property is 301,000 euros. LTV of the project is 43%. Loan term is June 30, 2025 (~18 months) and interest rate is 13% p.a. Interest is paid on a quarterly basis and loa principal will be paid at the end of the period by refinancing or by selling the apartment. The project owner has a right to extend the loan period once up to 3 months. Interest during the extension period will be 15% p.a.

Meie uue projekti raames saavad investorid rahastada Kuressaares Tolli tn 3-6 asuva korteriomandi tagatisel kapitali vabastamist. Korteriomand asub miljööväärtuslikus Kuressaare vanalinnas, u. 400 m kaugusel Kuressaare südalinnast. Investoritele pakutakse võimalust anda korteriomandi 1. järjekoha hüpoteegi tagatisel laenu kokku summas 130 000 eurot. Korteri suurus on 150 m2.Kinnistu turuväärtus on lisatud hindamisakti kohaselt 301 000 eurot. Investorite laenude põhiosa ja vara väärtuse suhe (LTV) on kuni 43%.Laenuperiood on kuni 30.06.25 (u. 18 kuud) ja intress 13% aasta baasil. Intress makstakse kvartaalselt ja laenu põhisumma makstakse refinantseerimise teel või korteriomandi müümisel. Projektiomanikul on õigus laenutähtaega kuni 3 kuu võrra pikendada. Pikendamisperioodi intress on 15%.

Rahastuseesmärk:	€ 130000
Oodatav tootlus:	13 % aastas
Investeerimisperiood:	17 kuud
Riskikategooria:	A Riskihindamise mudel
LTV:	Madal risk 43%
Capital stack:	Tagatud laen

Tolli 3-6, Kuressaare

Rahastatud investeeringud