Tammelehe 2, 76901 Tabasalu
6-apartment row house in Tabasalu, Estonia
- Chiusura raccolta20.02.2018
- Inizio del periodo di investimento22.02.2018
- Ora di inizio14.02.2018 13:00
- Categoria di immobileResidenziale
- Tipo di investmentoSviluppo immobiliare
- Data di fine dell'investimento22.04.2019
- Orizzonte d'investimento restanteRitardo oltre i 90
- Rendimento annuo13% annuo
- Rendimento in contanti atteso%
- N. di investitori303
- Obiettivo€260 000
Progetto in sintesi
The project at Tammelehe street (Tabasalu, Harku county, Harjumaa) includes 3 separate land plots that have received a building permit to develop a row house with 6 apartments, and to develop Tammelehe street (the street, communications, lighting). The Sponsor of the Project, Rolegur OÜ, plans to complete the street and the first row house simultaneously with the completion date by the end of 2018.
This investment opportunity offers the possibility to fund the development of a row house located at Tammelehe 2, Estonia in the total amount of EUR 690,000. The development is financed in tranches according to the invoices submitted by the main contractor. With each new funding round, the value of the underlying asset will increase until the row house is finished.
The first stage of the development requires funding in the amount of EUR 260,000. The amount consists of two components: EUR 160,000 against the collateral and EUR 100,000 against the prepayment invoices (the construction budget). The loan is secured by a first rank mortgage and the interest auction begins at 13.0% interest rate p.a.