As part of our new project, investors have an opportunity to finance the reconstruction of Meritähe road 4 single-family house in the total amount of 130,000 euros. Amount to be raised in the current first round is 35,000 euros. Loans will be secured by the 1st mortgage on Meritähe 4 property. The project owner returns loans from the sales revenue of aforementioned property. The properties are located 23 km (approx. 30 minutes by car) from Tallinn city center in Viti village, Harku municipality. The property is located in the former area of garden houses, which have been converted into year-round habitable buildings over time. Reconstruction works have started. Current market value of the property (including unfinished building) is 95,000 euros. Estimated future value of the property, when the construction work is completed, will be 273,000 euros. LTV of the project is 37% and will be up to 60% during the construction phase. Loan period is 12 months + 2 months extension option. Interest rate is 12% and it will be paid at the end of the loan period or by the time of signing real right sales contracts of Meritähe 4. Interest rate at the extension period will be 14%.

Real estate investment opportunity in Estonia for property development offering 12% annual interest rate.

Construction loan | Kasteheina road 2 and 4

As part of our new project, investors have an opportunity to finance the reconstruction of Meritähe road 4 single-family house in the total amount of 130,000 euros. Amount to be raised in the current first round is 35,000 euros. Loans will be secured by the 1st mortgage on Meritähe 4 property. The project owner returns loans from the sales revenue of aforementioned property. The properties are located 23 km (approx. 30 minutes by car) from Tallinn city center in Viti village, Harku municipality. The property is located in the former area of garden houses, which have been converted into year-round habitable buildings over time. Reconstruction works have started. Current market value of the property (including unfinished building) is 95,000 euros. Estimated future value of the property, when the construction work is completed, will be 273,000 euros. LTV of the project is 37% and will be up to 60% during the construction phase. Loan period is 12 months + 2 months extension option. Interest rate is 12% and it will be paid at the end of the loan period or by the time of signing real right sales contracts of Meritähe 4. Interest rate at the extension period will be 14%.<div></div>

Real estate investment opportunity in Estonia for property development offering 12% annual interest rate, mortgage secured loan

As part of our new project, investors have an opportunity to finance the reconstruction of Meritähe road 4 single-family house in the total amount of 130,000 euros. Amount to be raised in the current first round is 35,000 euros. Loans will be secured by the 1st mortgage on Meritähe 4 property. The project owner returns loans from the sales revenue of aforementioned property. The properties are located 23 km (approx. 30 minutes by car) from Tallinn city center in Viti village, Harku municipality. The property is located in the former area of garden houses, which have been converted into year-round habitable buildings over time. Reconstruction works have started. Current market value of the property (including unfinished building) is 95,000 euros. Estimated future value of the property, when the construction work is completed, will be 273,000 euros. LTV of the project is 37% and will be up to 60% during the construction phase. Loan period is 12 months + 2 months extension option. Interest rate is 12% and it will be paid at the end of the loan period or by the time of signing real right sales contracts of Meritähe 4. Interest rate at the extension period will be 14%.<div></div>

Toome teieni uue investeerimisvõimaluse - Meritähe tee 4 elamu ümberehituse finantseerimine kokku summas 130 000 eurot, millest praeguse esimese vooru summa on 35 000 eurot. Projektiomanik rekonstrueerib olemasoleva vana eluhoone, müüb selle maha ja maksab laenu tagasi. Kinnistu asub Harku vallas Viti külas Tallinna kesklinnast 23 km (u. 30 minutit autosõitu) kaugusel. Kinnistu asub endises aiamajade piirkonnas, mida on aja jooksul ehitatud ümber aastaringselt elatavateks hooneteks. Hoone ehitus on alanud. Kinnistu hinnatud turuväärtus praegusel kujul on 95 000 eurot ja tulevikuväärtus, kui ehitustööd lõpetatud, on 273 000 eurot. Väljastatavad laenud on tagatud 1. järjekoha hüpoteegiga Meritähe tee 4 kinnistule. Projekti LTV on peale esimese laenu väljastamist 37% ja ulatub ehituse käigus kuni 60%-ni.Laenuperiood on 12 kuud, millele lisandub ühekordne pikendamise võimalus kuni 2 kuud. Intress on 12% p.a. ja see makstakse ühekordse maksena perioodi lõpus või kinnistu asjaõigusliku müügilepingu sõlmimisel. Pikendamisperioodi intress on 14%.

Hüpoteegiga tagatud laen ehituseks | Meritähe tee 4

As part of our new project, investors have an opportunity to finance the reconstruction of Meritähe road 4 single-family house in the total amount of 130,000 euros. Amount to be raised in the current first round is 35,000 euros. Loans will be secured by the 1st mortgage on Meritähe 4 property. The project owner returns loans from the sales revenue of aforementioned property. The properties are located 23 km (approx. 30 minutes by car) from Tallinn city center in Viti village, Harku municipality. The property is located in the former area of garden houses, which have been converted into year-round habitable buildings over time. Reconstruction works have started. Current market value of the property (including unfinished building) is 95,000 euros. Estimated future value of the property, when the construction work is completed, will be 273,000 euros. LTV of the project is 37% and will be up to 60% during the construction phase. Loan period is 12 months + 2 months extension option. Interest rate is 12% and it will be paid at the end of the loan period or by the time of signing real right sales contracts of Meritähe 4. Interest rate at the extension period will be 14%.

Objectivo de financiamento:	€ 35000
Retorno esperado:	12 % p.a
Duração do investimento:	12 meses
Categoria de risco:	B Modelo de avaliação de risco
LTV:	Baixo risco 37%
Capital stack:	Empréstimo com garantia

Meritähe tee 4, Harku vald

Investimentos financiados