This investment opportunity is a secured development loan for a real estate development project, located at Jelgavas street 24 in Riga, Latvia. The Sponsor of this opportunity aims to raise approximately EUR 110,000 in total. The goal of this first tranche is EUR 40,000. The purpose of this loan is to partly finance the acquisition of the above-mentioned development property. The loan will be secured by 1st rank mortgage on two real estate properties in Priekuli parish. The total value of the properties with a total building area of 6,384.7 m2 is EUR 230,000 according to the valuation document. The LTV (loan to value ratio) for this first financing round is 17%. The fixed interest rate for this funding round is 9,5% per annum. There are no periodical payments. The loan will be returned and accrued interest will be paid from sales of the Jelgavas property or from refinancing. The loan period is 12 months.

Invest in development in Latvia and earn 10% p.a.

Investment opportunity | 10% return p.a.

This investment opportunity is a secured development loan for a real estate development project, located at Jelgavas street 24 in Riga, Latvia. The Sponsor of this opportunity aims to raise approximately EUR 110,000 in total. The goal of this first tranche is EUR 40,000. The purpose of this loan is to partly finance the acquisition of the above-mentioned development property. The loan will be secured by 1st rank mortgage on two real estate properties in Priekuli parish. The total value of the properties with a total building area of 6,384.7 m2 is EUR 230,000 according to the valuation document. The LTV (loan to value ratio) for this first financing round is 17%. The fixed interest rate for this funding round is 9,5% per annum. There are no periodical payments. The loan will be returned and accrued interest will be paid from sales of the Jelgavas property or from refinancing. The loan period is 12 months.

Invest in real estate in Latvia and earn 9,5% p.a.

Investment opportunity | Crowdestate

Käesolevaks investeerimisvõimaluseks on tagatud sildlaen kinnisvara arendusprojekti rahastamiseks. Projekti aadressiks on Jelgavas tänav 24, Riia, Läti Vabariik. Sponsori eesmärgiks on kaasata kokku umbes 110,000 eurot. Käesoleva, esimese rahastusvooru eesmärk on 40,000 eurot. Laenu otstarbeks on ülalmainitud aadressil asuva kinnistu omandamise rahastamine. Laenu tagatiseks on 1. järjekoha hüpoteek kahele kinnistule Priekuli külas, Läti Vabariigis. Kinnistute kogusuuruseks on 6,384.7 m2 ja vastavalt hindamisaktile on nende väärtuseks 230,000 eurot. Peale esimese rahastusvooru kaudu kaasatud laenusumma väljastamist moodustub laenu ja tagatisvara suhteks (LTV) 17%. Käesoleva laenu fikseeritud intressimääraks on 9,5% aasta baasil. Perioodilisi intressimakseid ei tehta. Laenu perioodiks on 12 kuud.

Funding goal:	€ 40000
Expected return:	9.5 % p.a
Investment term:	12 months
Risk category:	C Risk assessment model
LTV:	Low risk %
Capital stack:	Secured loan

Ozolu gatve 3, Jāņmuiža

Funded investments