This project consists of providing a secured loan on the back of a collateral: Makonkalns development area on Riga city border in Kekava (Collateral). The development is designed for affordable economy class apartments aimed at local buyers in Riga, Latvia. The Sponsor, Estera Development OÜ, will use the funds raised from the current fundraising to provide construction equity financing to a new development they intend to put into construction in Q1 2019 called Liepziedi 2 (second stage of Briezu 7a development). The repayment of the current loan is envisaged from sales proceeds from Liepziedi 2 development as well as from sales proceeds of remaining apartments in Liepziedi 1 and Tuvidi project. This investment opportunity offers a fixed interest rate of 13,5% p.a. with the first interest payment in 12 months. The remaining interest and principal will be paid at the end of the loan term. It's secured by 2nd rank mortgage on the Melnalkšņi”, “Vairumbāze”, “Akmenskalni”, “Virskalni”, “Zaļaiskalns” land plots in Kekava municipality, Latvia, with the combined collateral value of EUR 1 400 000.The duration is 24 months with a possible early partial or full exit. This is the first tranche of several, nevertheless, the maximum LTV (loan to value ratio) for all tranches shall be 50%.

Secured real estate development investment opportunity in Latvia offering 13.5% interest per annum.

Investment opportunity | Estera Development (I)

This project consists of providing a secured loan on the back of collateral: Makonkalns development area on Riga city border in Kekava (Collateral). The development is designed for affordable economy class apartments aimed at local buyers in Riga, Latvia. The Sponsor, Estera Development OÜ, will use the funds raised from the current fundraising to provide construction equity financing to a new development they intend to put into construction in Q1 2019 called Liepziedi 2 (second stage of Briezu 7a development). The repayment of the current loan is envisaged from sales proceeds from Liepziedi 2 development as well as from sales proceeds of remaining apartments in Liepziedi 1 and Tuvidi project. This investment opportunity offers a fixed interest rate of 13,5% p.a. with the first interest payment in 12 months. The remaining interest and principal will be paid at the end of the loan term. It's secured by 2nd rank mortgage on the Melnalkšņi”, “Vairumbāze”, “Akmenskalni”, “Virskalni”, “Zaļaiskalns” land plots in Kekava municipality, Latvia, with the combined collateral value of EUR 1 400 000.The duration is 24 months with a possible early partial or full exit. This is the second tranche of this project, nevertheless, the maximum LTV (loan to value ratio) for all tranches shall be 50%.

Secured real estate development investment opportunity in Latvia offering 13,5% interest per annum.

Investment opportunity | Estera Development (II)

See investeerimisvõimalus hõlmab tagatud laenu pakkumist tagatise toel: Makonkalnsi arenduspiirkond Riia linnapiiril Kekavas (Tagatis). Kinnisvaraarendus on mõeldud taskukohaste keskklassi korterite jaoks, mis on suunatud kohalikele ostjatele Riias, Lätis. Sponsor Estera Development OÜ kasutaks kaasatud kapitali uue arenduse  finantseerimiseks, mille ehitustöödega kavatsetakse alustada 2019. aasta esimeses kvartalis, projekt nimeks Liepziedi 2 (Briezu 7a arenduse teine etapp). Praeguse laenu tagasimaksmine on ette nähtud Liepziedi 2 arenduse müügitulust ning Liepziedi 1 ja Tuvidi projektiga seotud ülejäänud korterite müügitulust.Investeerimisvõimalus pakub fikseeritud intressimäära 13,5% aastas. Esimene intressimakse toimub peale 12 kuud ning ülejäänud intress koos põhiosaga tasutakse laenuperioodi lõpus. Projekt on tagatud II jrk hüpoteegiga Melnalkšņi, Vairumbāze, Akmenskalni, Virskalni, Zaļaiskalns maatükkidele, mis asutav Kekava vallas, Lätis, mille koguväärtuseks tagatisena on 1 400 000 eur.Investeerimisperiood on 24 kuud koos võimaliku osalise või täieliku ennetähtagse väljumisega. Tegu on esimese rahastusvooruga mitmest, küll aga maksimum LTV (laenu ja väärtuse suhe) kõikide rahastusvoorude puhul on 50%.

Tagatud investeerimisvõimalus, Läti kinnisvaraarendusprojekt pakub 13.5% intressi aastas.

Investeerimisvõimalus | Estera Development (I)

Проект заключается в предоставлении обеспеченного кредита под залог: район Маконкалнс находится на границе города Риги в Кекаве (залог). Комплекс предназначен для недорогих квартир эконом-класса, ориентированных на местных покупателей в Риге, Латвия.Спонсор, Estera Development OÜ, будет использовать средства, собранные в ходе текущего финансирования, для обеспечения строительства нового здания, которое они собираются построить в первом квартале 2019 года, под названием Liepziedi 2 (второй этап разработки Briezu 7a). Погашение текущего кредита предусматривается за счет выручки от реализации проекта  Liepziedi 2 , а также выручки от продажи оставшихся квартир в  Liepziedi 21 и Tuvidi.Эта инвестиционная возможность предлагает фиксированную процентную ставку 13,5% годовых, с первой выплатой процентов через 12 месяцев. Оставшиеся проценты и основная сумма будут выплачены в конце срока кредита. Кредит обеспечен ипотекой 2-го ранга на земельных участках Melnalkšņi”, “Vairumbāze”, “Akmenskalni”, “Virskalni”, “Zaļaiskalns” в муниципалитете Кекава, Латвия, с общей залоговой стоимостью 1 400 000 евро.Продолжительность 24 месяца с возможным ранним частичным или полным выходом. Это первый транш из нескольких, тем не менее, максимальный LTV (отношение кредита к стоимости) для всех траншей должен составлять 50%.

Obiectiv de finanțare:	€ 250000
Randament așteptat:	13.5 % pe an
Durata investiției:	21 luni
Categoria de risc:	B Model de evaluare a riscurilor
LTV:	Risc scăzut %
Capital stack:	Împrumut garantat

Estera Development Makonkalns, Rīga (II)

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