The goal of this opportunity is to finance the acquisition of a project approved to develop 6 individual luxury houses on land with 3 879m2, situated at Sítio das Amoreiras, Arco da Calheta, Madeira Island, Portugal. Crowdestate investors will have the opportunity to invest in a mortgaged secured loan in a total amount of 350 000 Euros, arranged in a two tranches.After gathering 288,000 Euros with the first tranche, we are now at the second tranche campaigning for the remaining 62,000 Euros to complete the 350,000 Euros.The source of reimbursement will be the sale of the plots with a turn-key construction contract or the sale of the built houses. Another possible source of reimbursement can be refinancing from one of the commercial banks in Portugal. The houses are expected to be delivered until December 2023. The investment tenor for this tranche is up to 12 months. The interest rate is 12% p.a., which will be paid monthly. The Sponsor has an option to extend the loan period by 3 months with the obligation to increase the interest rate by 2% for the extended period.The interest amounts to be paid monthly will be deducted from the raised value and held in an escrow account during the 12 months.The principal payment will be made at the end of the loan period.The loan will be secured with a 1st rank mortgage on the land and future buildings. The land has been evaluated for 636 000 Euros, as per the attached appraisal.The LTV for this opportunity is 55%.

Real estate investing opportunity in Portugal for property development offering 12% annual interest rate.

Investing in real estate opportunity | Sítio das Amoreiras, Arco da Calheta, Madeira, Portugal

The goal of this opportunity is to finance the acquisition of a project approved to develop 6 individual luxury houses on land with 3 879m2, situated at Sítio das Amoreiras, Arco da Calheta, Madeira Island, Portugal. Crowdestate investors will have the opportunity to invest in a mortgaged secured loan in a total amount of 350 000 Euros, arranged in two tranches.After gathering <a href="https://crowdestate.eu/opportunity/Sitio_Amoreiras_Arco_Calheta_Madeira_Portugal" target="">288,000 Euros with the first tranche</a>, we are now at the second tranche campaigning for the remaining 62,000 Euros to complete the 350,000 Euros.The source of reimbursement will be the sale of the plots with a turn-key construction contract or the sale of the built houses. Another possible source of reimbursement can be refinancing from one of the commercial banks in Portugal. The houses are expected to be delivered until December 2023. The investment tenor for this tranche is up to 12 months. The interest rate is 12% p.a., which will be paid monthly. The Sponsor has an option to extend the loan period by 3 months with the obligation to increase the interest rate by 2% for the extended period.The interest amounts to be paid monthly will be deducted from the raised value and held in an escrow account during the 12 months.The principal payment will be made at the end of the loan period.The loan will be secured with a 1st rank mortgage on the land and future buildings. The land has been evaluated for 636 000 Euros, as per the attached appraisal.The LTV for this opportunity is 55%.

Meie järgmise investeerimisvõimaluse eesmärgiks on rahastada 6 eksklusiivse eramu ehitust Portugalis, Sítio das Amoreiras, Arco da Calheta, Madeira saarel. Elamud asuvad 3,879 m2 suurusel maatükil, mis jagatakse kuueks krundiks.Crowdestate'i investoritel on võimalus investeerida hüpoteegiga tagatud laenu kogusummas 350,000 eurot, mis on jaotatud kaheks rahastusvooruks.Pärast 288,000 euro kogumist esimeses voorus, alustame nüüd teist rahastusvooru, et rahastada ülejäänud 62,000 eurot 350,000 euro suurusest kogusummast.Tagasimakse toimub kas kruntide müügist koos võtmed-kätte ehituslepingutega või valmis elamute müügist. Majade ehitus peaks lõppema 2023. aasta detsembris. Teine võimalik tagasimakseallikas võib olla refinantseerimine pangalaenu kasutades.Selle rahastusvooru laenuperiood on kuni 12 kuud. Intressimäär on 12% aastas ja seda makstakse igakuiselt. Projektiomanikul on võimalus pikendada laenuperioodi 3 kuu võrra, kohustusega tõsta intressimäära 2% võrra pikendatud perioodi ajaks.Igakuiselt makstavad intressisummad on deponeritud hoiukontol ning makstakse välja laenuperioodi jooksul.Põhiosamakse tehakse laenuperioodi lõpus.

The goal of this opportunity is to finance the acquisition of a project approved to develop 6 individual luxury houses on land with 3 879m2, situated at Sítio das Amoreiras, Arco da Calheta, Madeira Island, Portugal. Crowdestate investors will have the opportunity to invest in a mortgaged secured loan in a total amount of 350 000 Euros, arranged in two tranches.After gathering 288,000 Euros with the first tranche, we are now at the second tranche campaigning for the remaining 62,000 Euros to complete the 350,000 Euros.The source of reimbursement will be the sale of the plots with a turn-key construction contract or the sale of the built houses. Another possible source of reimbursement can be refinancing from one of the commercial banks in Portugal. The houses are expected to be delivered until December 2023. The investment tenor for this tranche is up to 12 months. The interest rate is 12% p.a., which will be paid monthly. The Sponsor has an option to extend the loan period by 3 months with the obligation to increase the interest rate by 2% for the extended period.The interest amounts to be paid monthly will be deducted from the raised value and held in an escrow account during the 12 months.The principal payment will be made at the end of the loan period.The loan will be secured with a 1st rank mortgage on the land and future buildings. The land has been evaluated for 636 000 Euros, as per the attached appraisal.The LTV for this opportunity is 55%.

Obiectiv de finanțare:	€ 62000
Randament așteptat:	12 % pe an
Durata investiției:	12 luni
Categoria de risc:	B Model de evaluare a riscurilor
LTV:	Risc scăzut %
Capital stack:	Împrumut garantat

Sítio das Amoreiras, Arco da Calheta, Madeira (II)

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