The goal for this opportunity is to finance the construction of an apartment building, with 110 apartments, situated at 103A, Timisoara Blvd., Bucharest, district 6, Romania. This will be Phase 2 of a larger 230 apartment development on a land of 5,000 sqm. Phase 1 including 69 apartments was completed and sold completely in 2019. Crowdestate investors will have the opportunity to invest in a mortgaged secured senior construction loan in a total amount of up to EUR 3,000,000, arranged in 6-12 tranches, based on the progression of works and the pre-sales. The 1st tranche of EUR 250,000 was raised in February 2021, the 2nd tranche of the project of EUR 350,000 was raised in August 2021, the 3rd tranche of EUR 250,000 in December 2021, the 4th tranche of EUR 150,000 in March 2022, the 5th tranche of EUR 150,000 in April 2022 and the 6th tranche of EUR 150,000 in June 2022. This will be the 7th tranche in the amount of EUR 175,000.The source of reimbursement will be the sale of the units when finalized. The investment tenor for this tranche is up to 12 months. The interest rate is 16% p.a. and it will be paid in semiannual installments of 8% p.a. interest, with the remaining difference at the end of the loan period or at reimbursement, whichever comes first. The loan will be secured with a 7th rank mortgage on the land and future buildings (with previous ranks in favor of previous tranches investors). The land &amp; existing structure (underground) was initially evaluated for EUR 1.3 million by Colliers International (using the residual income method) and ~EUR    2.7 million were invested additionally from Sponsor’s equity, pre-sales and Crowdestate’s loans.

Real estate investment opportunity in Romania for property development offering 16% annual interest rate.

Investment opportunity | Blvd. Timisoara 103A, Bucharest, Romania (VII)

The goal for this opportunity is to finance the construction of an apartment building, with 110 apartments, situated at 103A, Timisoara Blvd., Bucharest, district 6, Romania. This will be Phase 2 of a larger 230 apartment development on a land of 5,000 sqm. Phase 1 including 69 apartments was completed and sold completely in 2019. Crowdestate investors will have the opportunity to invest in a mortgaged secured senior construction loan in a total amount of up to EUR 3,000,000, arranged in 6-12 tranches, based on the progression of works and the pre-sales. The 1st tranche of EUR 250,000 was raised in February 2021, the 2nd tranche of the project of EUR 350,000 was raised in August 2021, the 3rd tranche of EUR 250,000 in December 2021, the 4th tranche of EUR 150,000 in March 2022, the 5th tranche of EUR 150,000 in April 2022 and the 6th tranche of EUR 150,000 in June 2022. This will be the 7th tranche in the amount of EUR 175,000.The source of reimbursement will be the sale of the units when finalized. The investment tenor for this tranche is up to 12 months. The interest rate is 16% p.a. and it will be paid in semiannual installments of 8% p.a. interest, with the remaining difference at the end of the loan period or at reimbursement, whichever comes first. The loan will be secured with a 7th rank mortgage on the land and future buildings (with previous ranks in favor of previous tranches investors). The land &amp; existing structure (underground) was initially evaluated for EUR 1.3 million by Colliers International (using the residual income method) and ~EUR    2.7 million were invested additionally from Sponsor’s equity, pre-sales and Crowdestate’s loans.

Käesoleva investeerimisvõimaluse eesmärk on rahastada 110 korteriga korterelamu ehitamist. Projekt asub aadressil Timisoara pst.103A, Bukarest, 6. piirkond, Rumeenia. See on 5000 ruutmeetri suurusel maa-alal asuva 230 korteri arenduse 2. etapp. 1. Etapi 69 korterit valmisid 2019. aastal ja on tänaseks täies ulatuses müüdud.Crowdestate'i investoritel on võimalus investeerida hüpoteegiga tagatud arenduslaenu kogusummas kuni EUR 3,000,000, jaotatuna 6–12 rahastusvooruks, lähtudes tööde edenemisest ja eelmüügist.Käesolev on projekti seitse rahastusvoor. Eelnevalt on kuus rahastusvooru kaudu kokku investeeritud EUR 1,300,000. Käesoleva rahastusvooru suuruseks on EUR 175,000. Kaasatud kapitali kasutatakse ehitustegevuse jätkamiseks.Laenu tagasimakse allikaks on valminud korterite müügist saadud tulu.Investeerimisperiood on kuni 12 kuud. Fikseeritud intressimääraks on 16% aastas, millest 8% aastas makstakse 6-kuulise intervalliga ning ülejäänud 8% aastas makstakse laenuperioodi lõpus või laenu tagastamisel. Laen tagatakse kinnistule ja tulevaste hoonete 7. järgu hüpoteegiga (kõrgemad järgud tagavad 1., 2., 3., 4., 5., ja 6. rahastusvooru investorite laenusid). Colliers International on hinnanud maa ja olemasoleva maa-aluse konstruktsiooni väärtuseks jääktulu meetodil 1,3 miljonit eurot, millele on lisandunud juba tehtud ehituskulude väärtus 2,7 miljonit eurot.

Obiectivul aceste oportunitati de investitie este constructia unui bloc de apartamente, cu 110 apartamente, localizat pe Bd. Timisoara nr. 103A, sectorul 6, Bucuresti, Romania. Proiectul reprezinta faza a doua dintr-un proiect mai mare de 230 de apartamente pe un teren de 5,000 m2. Faza 1 care a inclus 69 de apartamente a fost finalizata si vanduta in 2019. Investitorii Crowdestate au oportunitatea sa investeasca intr-un <a href="https://blog.crowdestate.eu/en/2020/secured-loan-definition/" target="" style="background-color: transparent;color: rgb(73, 131, 195);">imprumut senior</a>, garantat cu ipoteca, de pana la EUR 3.000.000, impartit in 6-12 transe, in functie de progresul lucrarilor si al vanzarilor in avans. Prima transa de EUR 250.000 a fost finantata in februarie 2021, a doua transa  în valoare de EUR 350.000 a fost finantata in august 2021, a treia transa  în valoare de EUR 250.000 a fost finantata în decembrie 2021, a patra transa în valoare de EUR 150.000 in Martie 2022, a cincea transa în valoare de EUR 150.000 în Aprilie 2022, iar a sasea transa în valoare de EUR 150.000 în Iunie 2022. Prin intermediul celei de a saptea transa, Sponsorul doreste sa obtina EUR 175.000 pentru continuarea lucrarilor de constructie. Sursa de rambursare este vanzarea apartamentelor cand constructia este finalizata si receptionata.Perioada de investitie pentru aceastra transa este de pana la 12 luni. Dobanzii este de 16% p.a. si va fi platita in rate semestriale de 8% p.a., iar diferenta la sfarsitul perioadei imprumutului sau la rambursarea principalului, care intervine mai devreme. Imprumutul este garantat cu o ipoteca de rangul 7 pe teren si constructii viitoare. Terenul si structura existenta (subsolul) au fost evaluate pentru EUR 1.3 milioane de catre Colliers International, folosind metoda venitului rezidual, iar ~EUR 2.7 milioane au fost investiti suplimentar din capitalul propriu al Sponsorului, din sumele incasate din antecontractele de vânzare-cumparare, cat si prin intermediul imprumuturilor obtinute prin intermediul Crowdestate.

The goal for this opportunity is to finance the construction of an apartment building, with 110 apartments, situated at 103A, Timisoara Blvd., Bucharest, district 6, Romania. This will be Phase 2 of a larger 230 apartment development on a land of 5,000 sqm. Phase 1 including 69 apartments was completed and sold completely in 2019. Crowdestate investors will have the opportunity to invest in a mortgaged secured senior construction loan in a total amount of up to EUR 3,000,000, arranged in 6-12 tranches, based on the progression of works and the pre-sales. The 1st tranche of EUR 250,000 was raised in February 2021, the 2nd tranche of the project of EUR 350,000 was raised in August 2021, the 3rd tranche of EUR 250,000 in December 2021, the 4th tranche of EUR 150,000 in March 2022, the 5th tranche of EUR 150,000 in April 2022 and the 6th tranche of EUR 150,000 in June 2022. This will be the 7th tranche in the amount of EUR 175,000.The source of reimbursement will be the sale of the units when finalized. The investment tenor for this tranche is up to 12 months. The interest rate is 16% p.a. and it will be paid in semiannual installments of 8% p.a. interest, with the remaining difference at the end of the loan period or at reimbursement, whichever comes first. The loan will be secured with a 7th rank mortgage on the land and future buildings (with previous ranks in favor of previous tranches investors). The land &amp; existing structure (underground) was initially evaluated for EUR 1.3 million by Colliers International (using the residual income method) and ~EUR    2.7 million were invested additionally from Sponsor’s equity, pre-sales and Crowdestate’s loans.

Objectivo de financiamento:	€ 175000
Retorno esperado:	16 % p.a
Duração do investimento:	12 meses
Categoria de risco:	B Modelo de avaliação de risco
LTV:	Baixo risco %
Capital stack:	Empréstimo com garantia

Blvd. Timisoara 103A, Bucuresti (VII)

Investimentos financiados