We bring you the next funding round of Veeru St. 2, 4 and 6 development of three single-family houses. Investors are offered an opportunity to finance the construction of three houses in the total amount of 300,000 euros. The amount to be raised in the current fourth round is 50,000 euros. The amounts of the following rounds will be paid in installments according to the progress of the construction works. Construction is underway: building of outer walls of all three houses has been completed, windows have been installed and construction of roofs and ceilings has begun. The construction deadline is November/December 2022. Attached photos are as at October 24, 2022.Properties are located near Elva small town, approx. 20 km (15 minutes drive) from Tartu city center. Tartu is the second largest city of Estonia. It is a new residential area consisting of approx. 40 plots. First new houses have already been completed and sold. Shops, kindergarten and school are within a radius of 1 to 4 km. The nearest bus stop is 600 - 700 meters away. All three houses have been pre-sold and the Sponsor has signed notarised contracts under the law of obligations.The size of each house is 156.8 m2 and they are identical by layout. Sales prices are 225,000 - 230,000 euros. Investors' loans are secured by a first-rank joint mortgage on Veeru St. 2, 4 and 6 properties. Total market value of unbuilt properties at the start of the funding was 193,000 euros. Maximum (construction cost based) LTV of the project is 61%. Interest rate is 11% p.a. Interest is payable as a lump sum at the end of the period or on the sale of houses. Investment period is up to 4 months.

Real estate investment opportunity in Estonia for property development offering 11% annual interest rate

Real estate investment | Veeru St. 2, 4 and 6

We bring you the next funding round of Veeru St. 2, 4 and 6 development of three single-family houses. Investors are offered an opportunity to finance the construction of three houses in the total amount of 300,000 euros. The amount to be raised in the current fourth round is 50,000 euros. The amounts of the following rounds will be paid in installments according to the progress of the construction works. Construction is underway: building of outer walls of all three houses has been completed, windows have been installed and construction of roofs and ceilings has begun. The construction deadline is November/December 2022. Attached photos are as at October 24, 2022.Properties are located near Elva small town, approx. 20 km (15 minutes drive) from Tartu city center. Tartu is the second largest city of Estonia. It is a new residential area consisting of approx. 40 plots. First new houses have already been completed and sold. Shops, kindergarten and school are within a radius of 1 to 4 km. The nearest bus stop is 600 - 700 meters away. All three houses have been pre-sold and the Sponsor has signed notarised contracts under the law of obligations.The size of each house is 156.8 m2 and they are identical by layout. Sales prices are 225,000 - 230,000 euros. Investors' loans are secured by a first-rank joint mortgage on Veeru St. 2, 4 and 6 properties. Total market value of unbuilt properties at the start of the funding was 193,000 euros. Maximum (construction cost based) LTV of the project is 61%. Interest rate is 11% p.a. Interest is payable as a lump sum at the end of the period or on the sale of houses. Investment period is up to 4 months.

Toome teieni järgmise rahastamisvooru, mille raames saavad investorid rahastada kolme eramaja ehitust asukohaga Veeru tee 2, 4 ja 6, Uuta küla, Nõo vald, Tartu maakond. Investorid rahastaksid kogu projekti mahus kuni 300 000 eurot ja praeguse neljanda vooru maht on 50 000 eurot. Järgnevate voorude summad makstakse välja osade kaupa vastavalt ehitustööde kulgemisele. Ehitustegevus käib: paigaldatakse katuseplekke, algamas on fassaaditööd ja siseviimistlustööd. Ehituse tähtaeg on november/detsember 2022. Lisatud fotod on 24.10.2022 seisuga.Veeru tee 2, 4 ja 6 kinnistud asuvad Elva külje all, u. 20 km (15 minutit autosõitu) kaugusel Tartu kesklinnast. Tegemist on u. 40 elamumaa krundist koosneva arendusega, kus on uued või ehitusjärgus elamud. Poed, lasteaed ja kool asuvad 1 - 4 km raadiuses. Lähim bussipeatus 600 - 700 meetri kaugusel. Kõik kolm maja on müüdud ja sõlmitud on võlaõiguslikud müügilepingud. Eramajad on ühesuguse planeeringuga ja majade suurus on 156,8 m2. Majade müügihinnad on vahemikus 225 000 - 230 000 eurot.Investorite laenud tagatakse 1. järjekoha ühishüpoteegiga Veeru tee 2, 4 ja 6 arenduskinnistutele. Hoonestamata kinnistute turuväärtus projekti finantseerimise alguses oli 193 000 eurot. Maksimaalne LTV projekti kehtivuse aja jooksul on 61%.Laenudelt arvestatakse intressi 11% aasta baasil. Intress makstakse välja ühekordse maksena perioodi lõpus või majade müümisel. Laenude tagasimakse allikaks on majade müügitulu. Laenuperiood on 4 kuud.

Ühepereelamute ehituse finantseerimine, Tartu, Nõo vald, Uuta küla, laenuintress 11% aasta baasil

Elamute arendus | Veeru tee 2, 4 ja 6

We bring you the next funding round of Veeru St. 2, 4 and 6 development of three single-family houses. Investors are offered an opportunity to finance the construction of three houses in the total amount of 300,000 euros. The amount to be raised in the current fourth round is 50,000 euros. The amounts of the following rounds will be paid in installments according to the progress of the construction works. Construction is underway: building of outer walls of all three houses has been completed, windows have been installed and construction of roofs and ceilings has begun. The construction deadline is November/December 2022. Attached photos are as at October 24, 2022.Properties are located near Elva small town, approx. 20 km (15 minutes drive) from Tartu city center. Tartu is the second largest city of Estonia. It is a new residential area consisting of approx. 40 plots. First new houses have already been completed and sold. Shops, kindergarten and school are within a radius of 1 to 4 km. The nearest bus stop is 600 - 700 meters away. All three houses have been pre-sold and the Sponsor has signed notarised contracts under the law of obligations.The size of each house is 156.8 m2 and they are identical by layout. Sales prices are 225,000 - 230,000 euros. Investors' loans are secured by a first-rank joint mortgage on Veeru St. 2, 4 and 6 properties. Total market value of unbuilt properties at the start of the funding was 193,000 euros. Maximum (construction cost based) LTV of the project is 61%. Interest rate is 11% p.a. Interest is payable as a lump sum at the end of the period or on the sale of houses. Investment period is up to 4 months.

Estonia

Euro

Rahastuseesmärk:	€ 50000
Oodatav tootlus:	11.4 % aastas
Investeerimisperiood:	7 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Veeru tee 2, 4, 6, Nõo (IV)

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