The purpose of this current investment opportunity is to finance a semi-detached house project at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju country, Estonia. The project is located 25 min away by car from the Tallinn city centre and close to Jüri town with developed infrastructure. Investors will be offered an opportunity to finance the construction of two semi-detached houses with four apartments in total amount of EUR 130,000 with two investment rounds. The amount of the first round was EUR 52,500 and for the second round is EUR 77,500. Construction is in progress. The construction deadline is Winter 2021-2022. All four apartments have been pre-sold (3 notarised contracts under the law of obligations has been signed and one booking agreement). For successful exit need to be sold only one apartment.The fixed interest rate is 10% p.a. There are no periodical interest payments. The investment period is up to 8 months.Apartment sizes are 100,8 m2 (4 apartments). The average apartment price has been increased to EUR 185,000. The loan is secured by a first-rank mortgage on residential land plots at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju county.According to the evaluation reports, the current value of two semi-detached houses under construction at Heinapõllu str. 7 and 9 is EUR 423,000 (w/o VAT). Evaluation reports has been done before the construction begun. According to that, the ratio of the current liabilities and collateral value (LTV) is 31%.

Real estate investment opportunity in Estonia for property development offering 10% annual interest rate.

Investment opportunity | Heinapõllu 7,9, Kulli, Raasiku

The purpose of this current investment opportunity is to finance a semi-detached house project at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju country, Estonia. The project is located 25 min away by car from the Tallinn city centre and close to Jüri town with developed infrastructure. Investors will be offered an opportunity to finance the construction of two semi-detached houses with four apartments in total amount of EUR 130,000 with two investment rounds. The amount of the first round was EUR 52,500 and for the second round is EUR 77,500. Construction is in progress. The construction deadline is Winter 2021-2022. All four apartments have been pre-sold (3 notarised contracts under the law of obligations has been signed and one booking agreement). For successful exit need to be sold only one apartment.The fixed interest rate is 10% p.a. There are no periodical interest payments. The investment period is up to 8 months.Apartment sizes are 100,8 m2 (4 apartments). The average apartment price has been increased to EUR 185,000. The loan is secured by a first-rank mortgage on residential land plots at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju county.According to the evaluation reports, the current value of two semi-detached houses under construction at Heinapõllu str. 7 and 9 is EUR 423,000 (w/o VAT). Evaluation reports has been done before the construction begun. According to that, the ratio of the current liabilities and collateral value (LTV) is 31%.

The purpose of this current investment opportunity is to finance a semi-detached house project at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju country, Estonia. The project is located 25 min away by car from the Tallinn city centre and close to Jüri town with developed infrastructure. Investors will be offered an opportunity to finance the construction of two semi-detached houses with four apartments in total amount of EUR 130,000 with two investment rounds. The amount of the first round was EUR 52,500 and for the second round is EUR 77,500. Construction is in progress. The construction deadline is Winter 2021-2022. All four apartments have been pre-sold (3 notarised contracts under the law of obligations has been signed and one booking agreement). For successful exit need to be sold only one apartment.The fixed interest rate is 10% p.a. There are no periodical interest payments. The investment period is up to 8 months.Apartment sizes are 100,8 m2 (4 apartments). The average apartment price has been increased to EUR 185,000. The loan is secured by a first-rank mortgage on residential land plots at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju county.According to the evaluation reports, the current value of two semi-detached houses under construction at Heinapõllu str. 7 and 9 is EUR 423,000 (w/o VAT). Evaluation reports has been done before the construction begun. According to that, the ratio of the current liabilities and collateral value (LTV) is 31%.

Antud investeerimisvõimaluse eesmärk on finantseerida aadressil Heinapõllu tn. 7 ja 9, Kulli küla, Raasiku vald, Harjumaa, Eesti asuvat paarismajad. Projekt asub Tallinna kesklinnast autoga 25 minuti kaugusel ja on arenenud infrastruktuuriga väikelinna Jüri lähedal.Investoritele pakutakse kokku kahe rahastamisvooruga võimalust rahastada kahe paarismaja ehitamist, kogusummas 130 000 eurot, millest esimese rahastusvooru suuruseks oli 52 500 eurot ja kehtiva rahastusvooru suuruseks on 77 500 eurot. Ehitamine on hetkel pooleli - majade karbid on kinni. Ehituse tähtaeg on 2021-2022 aasta talv. Eelmüügilepingud on juba kõikide nelja korteriga sõlmitud (3 notariaalselt tõestatud võlaõiguslikud lepingud ja üks broneerimisleping). Edukaks väljumiseks tuleb müüa ainult üks korter.Fikseeritud intressimäär on 10% aastas. Perioodilisi intressimakseid ei ole. Investeerimisperiood on kuni 8 kuud (up to 01.05.2022) Korteri suurused on 100,8 m2 (4 korterit). Keskmine korteri hind on natukene suurenenud ja on juba 185 000 eurot.Laenu tagatis on esimese järgu hüpoteek elamumaa kruntidele aadressil Heinapõllu tn. 7 ja 9, Kulli küla, Raasiku vald, Harjumaa.Hindamisaktide kohaselt on Heinapõllu tänav 7 ja 9 ehitusjärgus olevate paariselamute hetkeväärtus 423 000 eurot (ilma käibemaksuta). Selle kohaselt on kogu laenu ja tagastisvara väärtuse suhe  (LTV) 31%.

Investeerimisvõimalus | Heinapõllu 7,9, Kulli, Raasiku

The purpose of this current investment opportunity is to finance a semi-detached house project at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju country, Estonia. The project is located 25 min away by car from the Tallinn city centre and close to Jüri town with developed infrastructure. Investors will be offered an opportunity to finance the construction of two semi-detached houses with four apartments in total amount of EUR 130,000 with two investment rounds. The amount of the first round was EUR 52,500 and for the second round is EUR 77,500. Construction is in progress. The construction deadline is Winter 2021-2022. All four apartments have been pre-sold (3 notarised contracts under the law of obligations has been signed and one booking agreement). For successful exit need to be sold only one apartment.The fixed interest rate is 10% p.a. There are no periodical interest payments. The investment period is up to 8 months.Apartment sizes are 100,8 m2 (4 apartments). The average apartment price has been increased to EUR 185,000. The loan is secured by a first-rank mortgage on residential land plots at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju county.According to the evaluation reports, the current value of two semi-detached houses under construction at Heinapõllu str. 7 and 9 is EUR 423,000 (w/o VAT). Evaluation reports has been done before the construction begun. According to that, the ratio of the current liabilities and collateral value (LTV) is 31%.

The purpose of this current investment opportunity is to finance a semi-detached house project at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju country, Estonia. The project is located 25 min away by car from the Tallinn city centre and close to Jüri town with developed infrastructure. Investors will be offered an opportunity to finance the construction of two semi-detached houses with four apartments in total amount of EUR 130,000 with two investment rounds. The amount of the first round was EUR 52,500 and for the second round is EUR 77,500. Construction is in progress. The construction deadline is Winter 2021-2022. All four apartments have been pre-sold (3 notarised contracts under the law of obligations has been signed and one booking agreement). For successful exit need to be sold only one apartment.The fixed interest rate is 10% p.a. There are no periodical interest payments. The investment period is up to 8 months.Apartment sizes are 100,8 m2 (4 apartments). The average apartment price has been increased to EUR 185,000. The loan is secured by a first-rank mortgage on residential land plots at Heinapõllu str. 7 and 9, Kulli municipality, Raasiku parish, Harju county.According to the evaluation reports, the current value of two semi-detached houses under construction at Heinapõllu str. 7 and 9 is EUR 423,000 (w/o VAT). Evaluation reports has been done before the construction begun. According to that, the ratio of the current liabilities and collateral value (LTV) is 31%.

Estonia

Euro

Funding goal:	€ 77500
Expected return:	10 % p.a
Investment term:	2 months
Risk category:	B Risk assessment model
LTV:	Low risk %
Capital stack:	Secured debt

Heinapõllu 7,9, Kulli küla, Raasiku vald (II)

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