Concluso
  • Chiusura raccolta
    27.09.2018
  • Inizio del periodo di investimento
    26.09.2018
  • Ora di inizio
    25.09.2018 09:15
  • Categoria di immobile
    Residenziale
  • Tipo di investmento
    Sviluppo immobiliare
  • Data di fine dell'investimento
    26.06.2019
  • Orizzonte d'investimento restante
    Ritardo oltre i 90
  • Rendimento annuo
    11% annuo
  • Rendimento in contanti atteso
    %
  • N. di investitori
    537
  • Obiettivo
    €230 000

Progetto in sintesi

The purpose of current investment opportunity is to finance the construction of 10 apartments (row house) in a Veskimöldre residential area at Metsapargi St. 6, in the total amount of EUR 1,100,000. The development is financed in tranches according to the invoices submitted by the main contractor OÜ Kopter Ehitus. With each new funding round, the value of the underlying asset will gradually increase until the completion of row house. 

The current second stage requires financing in amount of EUR 230,000. The loan is secured by a first rank mortgage on Metsapargi St. 6 property. Fixed interest rate is 11% pa and the loan agreement is scheduled for 14 months. According to the developer's information 2 apartments are booked by the time of current investment round.

Foundation and exterior walls of first floor of Matesapargi St. 6 development have been completed. The constructor has started plastering of interior walls and installing windows. The same developer owns immovables next to Metsapargi St. 6: Metsapargi St. 4, Taevasilma St. 3 and Taevasilma St. 5. All registered immovables have construction rights for the construction of 10-apartment buildings.

The sales prices for apartments are between 199,000 and 214,000 euros. The size of each apartments is 115.1 m2.

Crowdestate

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