We offer the investors an opportunity to lend against a 1st mortgage on two terraced house apartments at Metsapargi St. 4. The Sponsor has completed the construction of 10-apartment terraced house at Metsapargi St. 4 in Veskimöldre 2 residential area and is seeking to release capital for the sales period to buy new plots for development. This campaign aims to raise EUR 230,000. 5 out of 10 apartments have been sold. Crowdestate investors' loan will be secured by a 1st mortgage on two apartments, investment period is 12 months, fixed interest rate is 9.5% per year and IRR of a loan with monthly interest payments is 10%.The market value of two apartments set as collateral is EUR 378,000 (incl. VAT). Loan to value (LTV) ratio is 61%. Apartments are with separate entrance, have 5 rooms and an outdoor area. The sizes of the apartments offered as collateral are 126 m2. Apartments are ready and the Sponsor is offering them for sale for EUR 189,000 each.Crowdestate investors have previously funded the Sponsor's Veskioja St. 1 terraced house development at the same area. The project was successful, the investors' capital and interest were repaid earlier.

Invest in a mortgage loan in Estonia and earn 9.5% p.a.

Real estate investment | Veskimoldre

We offer the investors an opportunity to lend against a 1st mortgage on two terraced house apartments at Metsapargi St. 4. The Sponsor has completed the construction of 10-apartment terraced house at Metsapargi St. 4 in Veskimöldre 2 residential area and is seeking to release capital for the sales period to buy new plots for development. This campaign aims to raise EUR 230,000. 5 out of 10 apartments have been sold. Crowdestate investors' loan will be secured by a 1st mortgage on two apartments, investment period is 12 months, fixed interest rate is 9.5% per year and IRR of a loan with monthly interest payments is 10%.The market value of two apartments set as collateral is EUR 378,000 (incl. VAT). Loan to value (LTV) ratio is 61%. Apartments are with separate entrance, have 5 rooms and an outdoor area. The sizes of the apartments offered as collateral are 126 m2. Apartments are ready and the Sponsor is offering them for sale for EUR 189,000 each.Crowdestate investors have previously funded the Sponsor's Veskioja St. 1 terraced house development at the same area. The project was successful, the investors' capital and interest were repaid earlier.

Real estate investment | Veskimoldre (II)

Pakume investoritele võimalust anda laenu Metsapargi tn 4 ridamaja kahe korteri tagatisel. Sponsor on lõpetanud Veskimöldre-2 piirkonnas 10-boksilise Metsapargi tn 4 ridamaja ehituse ja soovib vabastada müügiperioodiks kapitali, et osta uusi arenduskinnistuid. Käimasoleva kampaania raames soovitakse kaasata 230 000 eurot. Kümnest boksist viis on müüdud. Investorite laenu tagatiseks seatakse 1. jrk hüpoteek kahele korteriomandile, fikseeritud intressimäär on 9,5% aasta baasil ja intressi makstakse igakuiselt (sisemine tulusus IRR 10%), laenu tähtaeg on 12 kuud. Tagatiseks seatava 2 korteriomandi hinnatud väärtus on 378 000 eurot. Laenu suhe tagatisvara väärtusesse (LTV) on 61%. Ridamaja korterid on 5-toalised, eraldi sissepääsuga ja õuealaga. Tagatiseks pakutavate korterite suurused on 126 m2. Korterid on valmis ja Sponsor pakub neid müügiks hinnaga a' 189 000 eurot.Sponsor on Crowdestate investorite toel rahastanud samas piirkonnas Veskioja tn 1 ridamaja arendust. Projekt oli edukas ja investorite kapital ning intress maksti tagasi ennetähtaegselt.

Lühiajaline laen hüpoteegi tagatisel, intress 9,5% aastas

Offriamo agli investitori la possibilità di investire in un prestito garantito da ipoteca di primo grado su due appartamenti a schiera in Estonia, a Metsapargi 4. Lo Sponsor ha completato la costruzione di 10 villette a schiera in Metsapargi 4, una zona residenziale a Veskimöldre 2 e vuole raccogliere capitale durante il periodo di vendita per finanziare l’acquisto di nuovi appezzamenti di terreno da costruire.Questa campagna mira a raccogliere 230.000 Euro. Sono stati già venduti 5 appartamenti su 10. Il prestito degli investitori di Crowdestate sarà garantito da un'ipoteca su due appartamenti, la durata dell'investimento è di 12 mesi, il tasso di interesse fisso è del 9,5% all’anno e l’IRR del prestito con pagamento di interessi mensile è del 10%.Il valore di mercato dei due appartamenti ipotecati è di EUR 388.000. Il rapporto tra prestito e valore (LTV) è del 61%. Gli appartamenti hanno ingresso indipendente, 5 camere e un’area esterna. Le dimensioni degli appartamenti offerti in garanzia sono 126 m2. Gli appartamenti sono pronti e lo Sponsor li vende ad un prezzo di 189.000 EUR.Gli investitori di crowdestate hanno finanziato in precedenza un progetto della stessa società Sponsor ovvero lo sviluppo di Veskioja St. 1 nella stessa zona. Il progetto è stato completato con successo, il capitale e gli interessi degli investitori sono stati ripagati in anticipo rispetto al termine fissato.

Funding goal:	€ 230000
Expected return:	10 % p.a
Investment term:	6 months
Risk category:	A Risk assessment model
LTV:	Low risk %
Capital stack:	Secured loan

Metsapargi tn 4-4, 4-9, Alliku

Exited crowdfunding offer