The plan is to take three undeveloped land plots in Marupe and build communication networks in all those plots - road, water, electricity, sewage. Afterwards, the land plots will be sold as land plots with all the communication networks, ready for construction. The land plots are 2269, 2350, and 2434 square meters big. The intended use of the land plots is construction of row houses. It is planned that each of the plots can house 4 row - house units. Total costs for the development of the land plots are 120,000 EUR, while the revenues are estimated to be 423,180 EUR.

Invest in land development in Latvia and earn 14% p.a.

Investment opportunity |14% return p.a.

The plan is to take three undeveloped land plots in Marupe and build communication networks in all those plots - road, water, electricity, sewage. Afterwards, the land plots will be sold as land plots with all the communication networks, ready for construction. The land plots are 2269, 2350, and 2434 square meters big. The intended use of the land plots is construction of row houses. It is planned that each of the plots can house 4 row - house units. Total costs for the development of the land plots are 120,000 EUR, while the revenues are estimated to be 420,000 EUR. The goal of this tranche is 37,200 EUR, which is the remaining amount from the first funding round.

Funding goal:	€ 37200
Expected return:	14 % p.a
Investment term:	18 months
Risk category:	B Risk assessment model
LTV:	Low risk 50%
Capital stack:	Secured loan

Zeltiņu iela, Mārupe (II)

Exited crowdfunding offer