Marguse Spordibaas, Nüpli, Otepää
Mortgage-backed short term loan
- Chiusura raccolta03.08.2018
- Inizio del periodo di investimento27.07.2018
- Ora di inizio26.07.2018 12:00
- Categoria di immobileCommerciale
- Tipo di investmentoRendita
- Data di fine dell'investimento29.01.2019
- Orizzonte d'investimento restanteRitardo oltre i 90
- Rendimento annuo11% annuo
- Rendimento in contanti atteso%
- N. di investitori390
- Obiettivo€250 000
Progetto in sintesi
This investment opportunity is about crowdfunding a senior loan to finance experienced developer's other residential real estate development project in Tallinn. The raised funds will be used as working capital to finance construction material prepayments (concrete panels, windows etc), it will be repaid after the specific construction works have been signed off by the construction supervision.
This senior loan offers Crowdestate investors a short-term investment opportunity with the term of 6 months at 11% annual interest rate. The minimum funding target is EUR 170,000 and the maximum funding limit is EUR 250,000.
The senior loan is secured by a first lien mortgage on an operational Marguse Sports Centre in Otepää (a.k.a Estonian winter capital).