Dzianisz, Tatrzanski, Poland

With our new investment opportunity, Crowdestate's investors have an opportunity to invest up to EUR 195,000 in several funding rounds and according to the construction work progress.

This is the first tranche of a development loan for a residential development project located in the village of Dzianisz in Tatrzanski County, Poland.

The Project Owner intends to build and sell two private houses of 60 m2.

The property is in one of the best-known, most popular tourist area in Poland - Zakopane, Zakopane Area Koscielisko.

The amount for this, the first funding round, is EUR 50,000.
The loan will be secured with a 1st rank mortgage.
The fixed interest rate is 13% per annum.

The loan period is 12 months. The Project Owner has a unilateral right to extend the loan agreement for 3 months, with the obligation to increase the interest rate by 2% for the extended loan period.

The estimated value of the property is EUR 80,426. According to that, the LTV of this first tranche is 44%.

The project’s construction works have not started yet, but the preparation works have been done.

You can see the project's promotional video from the following link: https://www.youtube.com/watch?v=c5BKfP9DuYc&list=PLfFQYu-WDWr0MIDg-DsX905fA1gSqdzu4&index=1