Koru põik 1, Saue vald, Alliku küla (III)
6-apartment row house in Laagri, Estonia
- Chiusura raccolta05.03.2019
- Inizio del periodo di investimento28.02.2019
- Ora di inizio27.02.2019 10:10
- Categoria di immobileResidenziale
- Tipo di investmentoSviluppo immobiliare
- Data di fine dell'investimento31.12.2019
- Orizzonte d'investimento restante4 mesi
- Rendimento annuo11%
- Rendimento in contanti atteso%
- N. di investitori540
- Obiettivo€222 250
|19/07/2019||Investment opportunity overview, July 2019|
|22/04/2019||Investment opportunity overview, April 2019|
Progetto in sintesi
Our current project offers investors the opportunity to participate in third financing round of Koru poik 1 row-house construction in amount of EUR 222,250. Crowdestate investors' total construction financing is in amount of EUR 803,000. The development is financed in tranches according to the invoices submitted by the main contractor Soome Maja OÜ. With each new funding round, the value of the underlying asset will increase until the row house is finished.
Loan is secured by a first rank mortgage, fixed interest rate is 11% p.a and interest payments are monthly. IRR of the project is 11.74%. Investment time horizon is 10 months.
Apartment sizes are 130 m2 (4 apartments) and 115 m2 (2 apartments). Prices are EUR 235,000 and EUR 214,000 respectively.
Veskimöldre-2 is a new residential development area located in the area between Nõmme Pääsküla, Laagri small town and Harku forest, about 20 minutes drive from the center of Tallinn. BC Arenduse OÜ, a member of the Brave Capital Group, has implemented a 70 ha residential area development project in cooperation with Saue Municipality - roads and utility networks have been built for 167 residential plots and 121 row-house apartments. The construction of a new primary school-kindergarten will soon begin in the residential area, and the construction of Laagri Rimi shopping center has also started. The Veskimöldre-2 residential area will be home to more than 1,000 new residents.