This investment opportunity is a land development project of 18 residential housing development land plots in Juglasciems. The sponsor has acquired 27 095 m2 land plot and intends to split it into 18 residential housing land plots. The plan includes the addition of all required utilities (city water network, electricity grid, gas) to the land plots and construction of access roads - streets with street lights. Land plots will be sold ready for the construction of individual and twin houses. The goal of the second tranche is 110 600 Euros. The loan will be secured by a 1st rank mortgage on the land plot with a current market value of 708 000 EUR, which means that even made investments into infrastructure the LTV ratio will be a healthy 35%. The collateral value will increase after making investments into infrastructure. The initial business plans show that the Sponsor will be able to achieve approximately 1,1 million EUR gross revenues from the sale of 18 land plots. Crowdestate investors will have the possibility to fund further stages of the development project, which will be proposed after the first infrastructure works are completed.The loan will bear a 13.5% per annum interest rate and principal plus interest payment will be done as a bullet payment at the end of the 12-month loan.

Invest in development in Latvia and earn 13,5% p.a.

Investment opportunity | 13,5% return p.a.

This investment opportunity is a land development project of 18 residential housing development land plots in Juglasciems. The sponsor has acquired 27 095 m2 land plot and intends to split it into 18 residential housing land plots. The plan includes the addition of all required utilities (city water network, electricity grid, gas) to the land plots and construction of access roads - streets with street lights. Land plots will be sold ready for the construction of individual and twin houses. The goal of the second tranche is 110 600 Euros. The loan will be secured by a 1st rank mortgage on the land plot with a current market value of 708 000 EUR, which means that even made investments into infrastructure the LTV ratio will be a healthy 35%. The collateral value will increase after making investments into infrastructure. The initial business plans show that the Sponsor will be able to achieve approximately 1,1 million EUR gross revenues from the sale of 18 land plots. Crowdestate investors will have the possibility to fund further stages of the development project, which will be proposed after the first infrastructure works are completed.The loan will bear a 13.5% per annum interest rate and principal plus interest payment will be done as a bullet payment at the end of the 12-month loan.

Invest in development in Latvia and earn 13.5% p.a.

Investment opportunity | 13.5% return p.a.

This investment opportunity is a land development project of 18 residential housing development land plots in Juglasciems. The sponsor has acquired 27 095 m2 land plot and intends to split it into 18 residential housing land plots. The plan includes the addition of all required utilities (city water network, electricity grid, gas) to the land plots and construction of access roads - streets with street lights. Land plots will be sold ready for the construction of individual and twin houses. The goal of the second tranche is 110 600 Euros. The loan will be secured by a 1st rank mortgage on the land plot with a current market value of 708 000 EUR, which means that even made investments into infrastructure the LTV ratio will be a healthy 35%. The collateral value will increase after making investments into infrastructure. The initial business plans show that the Sponsor will be able to achieve approximately 1,1 million EUR gross revenues from the sale of 18 land plots. Crowdestate investors will have the possibility to fund further stages of the development project, which will be proposed after the first infrastructure works are completed. The loan will bear a 13.5% per annum interest rate and principal plus interest payment will be done as a bullet payment at the end of the 12-month loan.

Käesolevaks investeerimisvõimaluseks on maa-arenduse projekt Juglaciems’ linnaosas, Läti Vabariigis, Riia äärelinnas. Tegemist on arendusprojektiga, mille tulemusel luuakse 18 eramukrunti kokku 27 095 m2 suurusel maa-alal.Arendustegevus seisneb insenertehniliste kommunikatsioonivõrkude (vesi, elekter ja gaas), tänavate ning ligipääsuteede rajamises. Kinnistud müüakse peale tehnovõrkude valmimist ning ostjad saavad alustada eramute või paarismajade ehitamisega.Käesoleva rahastusvooru mahuks on EUR 110 600.Laen on tagatud 1. jrk. hüpoteegiga arendatavale kinnistule. Tagatisvara tänane turuväärtus on EUR 708,000. Vastavalt sellele on laenusumma ja tagatisvara väärtuse suhteks (LTV) 35%. Tagatisvara väärtus kasvab vastavalt läbi viidavate arendustöödega. Äriplaani kohaselt on 20 elamukrundi lõppväärtuseks ca. 1,1 miljonit eurot. Crowdestate’i investoritel on võimalus rahastada ka arenduse järgnevaid etappe.Käesoleva investeeringu fikseeritud intressimääraks on 13,5% aastas, intressimakse toimub koos laenu põhiosa tagastamisega 12-kuulise laenuperioodi lõpus.

This investment opportunity is a land development project of 18 residential housing development land plots in Juglasciems. The sponsor has acquired 27 095 m2 land plot and intends to split it into 18 residential housing land plots. The plan includes the addition of all required utilities (city water network, electricity grid, gas) to the land plots and construction of access roads - streets with street lights. Land plots will be sold ready for the construction of individual and twin houses. The goal of this second tranche is 110 600 Euros. The loan will be secured by a 1st rank mortgage on the land plot with a current market value of 708 000 EUR, which means that even made investments into infrastructure the LTV ratio will be a healthy 35%. The collateral value will increase after making investments into infrastructure. The initial business plans show that the Sponsor will be able to achieve approximately 1,1 million EUR gross revenues from the sale of 18 land plots. Crowdestate investors will have the possibility to fund further stages of the development project, which will be proposed after the first infrastructure works are completed.The loan will bear a 13,5% per annum interest rate and principal plus interest payment will be done as a bullet payment at the end of the 12-month loan.

Funding goal:	€ 110600
Expected return:	13.5 % p.a
Investment term:	15 months
Risk category:	B Risk assessment model
LTV:	Low risk %
Capital stack:	Secured loan

Peterupes iela, Juglasciems (II)

Funded investments