With this investment opportunity, the Crowdestate investors have the opportunity to invest in a secured mortgage loan in the amount of 240 000 Euros.The Sponsor aims to raise a total of 400 000 Euros. The purpose of the loan is to provide capital to purchase a property in Travessa de Romões, Ronfe, Guimarães, Portugal.This property is divided into 12 plots; 11 have old townhouses built that need renovation and expansion works, as they will be converted into apartments (1st stage), and the 12th plot will target a new apartments project (2nd stage). The idea is to start renovating the existing buildings while a license is obtained for the 2nd stage. After selling the renovated properties, the result will pay for the entire land, and the Sponsor's profit will arrive on developing the 2nd stage.With this first tranche of 240 000 Euros, the Sponsor is offering the first-rank mortgage in a property located in Bouça, Batancas e Barra, Lousada, in Portugal. According to the attached appraisal, the estimated market value of this collateral is 432 000 Euros. Therefore, considering the 1st rank mortgage of 240 000 Euros, if Crowdestate investors fund the total amount, we reach an LTV of 56%.The interest rate of the loan is 10% per annum.The loan period is 12 months, with a Sponsor's option to extend the loan period by 6 months with the obligation to increase the interest rate by 2% for the extended period. The principal and interest payments will be made at the end of the loan period. If the loan term is extended for an additional 6 months, the interest for the 18 months will be paid at the end of the first 12 months.The loan will be repaid from the sale of the property, refinancing, or the Sponsor's operating revenues.The second tranche of 160 000 Euros will be launched, and the estate offered as collateral are the plots located in Travessa de Romões, Ronfe, Guimarães. Only after both tranches are successfully funded will the purchase and the first rank mortgage be registered.

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

townhouses_ronfe_guimaraes

With this investment opportunity, the Crowdestate investors have the opportunity to invest in a secured mortgage loan in the amount of 240 000 Euros.The Sponsor aims to raise a total of 400 000 Euros. The purpose of the loan is to provide capital to purchase a property in Travessa de Romões, Ronfe, Guimarães, Portugal.This property is divided into 12 plots; 11 have old townhouses built that need renovation and expansion works, as they will be converted into apartments (1st stage), and the 12th plot will target a new apartments project (2nd stage). The idea is to start renovating the existing buildings while a license is obtained for the 2nd stage. After selling the renovated properties, the result will pay for the entire land, and the Sponsor's profit will arrive on developing the 2nd stage.With this first tranche of 240 000 Euros, the Sponsor is offering the first-rank mortgage in a property located in Bouça, Batancas e Barra, Lousada, in Portugal. According to the attached appraisal, the estimated market value of this collateral is 432 000 Euros. Therefore, considering the 1st rank mortgage of 240 000 Euros, if Crowdestate investors fund the total amount, we reach an LTV of 56%.The interest rate of the loan is 10% per annum.The loan period is 12 months, with a Sponsor's option to extend the loan period by 6 months with the obligation to increase the interest rate by 2% for the extended period. The principal and interest payments will be made at the end of the loan period. If the loan term is extended for an additional 6 months, the interest for the 18 months will be paid at the end of the first 12 months.The loan will be repaid from the sale of the property, refinancing, or the Sponsor's operating revenues.The second tranche of 160 000 Euros will be launched, and the estate offered as collateral are the plots located in Travessa de Romões, Ronfe, Guimarães. Only after both tranches are successfully funded will the purchase and the first rank mortgage be registered.

apartments_ronfe_guimaraes

Käesolevaks investeerimisvõimaluseks on hüpoteegiga tagatud laen summas EUR 240,000.Projekti Sponsor soovib kaasata kokku EUR 400,000. Laenu eesmärk on rahastada kinnistu omandamist. Kinnistu aadress on Travessa de Romões, Ronfe, Guimarães, Portugal. Kinnistu on jagatud 12-ks eraldiseisvaks omandiks. 11 omandil on pooleliolev 11-korteriga ridaelamu. Iga korter moodustab korteriomandi. Ridaelamu ei ole kasutuses ning vajab rekonstrueerimist ning laiendamist, kuivõrd ridaelamu ehitatakse ümber korterelamuks (projekti 1. etapp). 12. omand on kinnistu, millel on ehitusõigus 11 korteriga ridaelamu ehitamiseks, kuid kuhu samuti rajatakse korterelamu (projekti 2. etapp). Sponsor kavatseb omandada kinnistu, rekonstrueerida poolelioleva hoone ning samal ajal hankida ehitusloa projekti 2. faasi alustamiseks.Käesoleva, esimese rahastusvooru suuruseks on EUR 240,000. Tagatiseks pakub Sponsor kinnistut aadressiga Bouça, Batancas e Barra, Lousada, Portugal. Vastavalt lisatud hindamisaktile on tagatisvara väärtuseks EUR 432,000 ning tagatisvara ja laenusumma suhteks (LTV) moodustub 56%.Fikseeritud intressimääraks on 10% aasta baasil. Laenuperioodiks on 12 kuud, kusjuures Sponsoril on õigus laenuperioodi ühepoolselt pikendada, makstes pikendusperioodi  vältel 2% võrra kõrgemat intressi.Perioodilisi intressimakseid ei tehta. Intressid makstakse välja ja laenu põhiosa tagastatakse peale laenuperioodi lõppu. Juhul, kui Sponsor kasutab õigust laenuperioodi pikendada, makstakse 12 kuu intressid välja peale esialgse laenuperioodi lõppu.  Laenu tagastamise allikaks on kinnistu müük, refinantseerimine või Sponsori muust äritegevustest genereeritav rahavoog.Teise rahastusvooru summaks on EUR 160,000. Selle vooru tagatiseks on arendatav kinnistu Travessa de Romões, Ronfe, Guimarães. Peale seda, kui mõlemad rahastusvoorud on rahastatud, viiakse müügitehing lõpule ning registreeritakse hüpoteegid mõlema rahastusvooru tagatiseks.

Kinnisvarainvesteeringu Võimalus Portugalis kinnisvara arendamiseks, pakkudes 10% aastaintressi.

With this investment opportunity, the Crowdestate investors have the opportunity to invest in a secured mortgage loan in the amount of 240 000 Euros.The Sponsor aims to raise a total of 400 000 Euros. The purpose of the loan is to provide capital to purchase a property in Travessa de Romões, Ronfe, Guimarães, Portugal.This property is divided into 12 plots; 11 have old townhouses built that need renovation and expansion works, as they will be converted into apartments (1st stage), and the 12th plot will target a new apartments project (2nd stage). The idea is to start renovating the existing buildings while a license is obtained for the 2nd stage. After selling the renovated properties, the result will pay for the entire land, and the Sponsor's profit will arrive on developing the 2nd stage.With this first tranche of 240 000 Euros, the Sponsor is offering the first-rank mortgage in a property located in Bouça, Batancas e Barra, Lousada, in Portugal. According to the attached appraisal, the estimated market value of this collateral is 432 000 Euros. Therefore, considering the 1st rank mortgage of 240 000 Euros, if Crowdestate investors fund the total amount, we reach an LTV of 56%.The interest rate of the loan is 10% per annum.The loan period is 12 months, with a Sponsor's option to extend the loan period by 6 months with the obligation to increase the interest rate by 2% for the extended period. The principal and interest payments will be made at the end of the loan period. If the loan term is extended for an additional 6 months, the interest for the 18 months will be paid at the end of the first 12 months.The loan will be repaid from the sale of the property, refinancing, or the Sponsor's operating revenues.The second tranche of 160 000 Euros will be launched, and the estate offered as collateral are the plots located in Travessa de Romões, Ronfe, Guimarães. Only after both tranches are successfully funded will the purchase and the first rank mortgage be registered.

Objectivo de financiamento:	€ 240000
Retorno esperado:	10 % p.a
Duração do investimento:	18 meses
Categoria de risco:	B Modelo de avaliação de risco
LTV:	Baixo risco %
Capital stack:	Empréstimo com garantia

Apartments project in Ronfe, Guimarães (I)

Investimentos financiados