With this project, the Sponsor aims to raise 57 750 euros against the first lien mortgage on real estate property - 7,58 hectares large gravel quarry, located in Broceni district, Latvia.  The aim of the loan is to refinance the existing Crowdestate loan and provide working capital work gravel quarry operations. The existing Crowdestate loan was used to partially finance the purchase and setup of new gravel quarry machines to fulfill deliveries to existing customers who require gravel and sand of certain fractions.As Sponsor has made investments into the quarry - added electricity connection, access road and has removed unusable soil layers, the property market value has increased. The current real estate value estimation document states that the real estate value of the property is 105,000 euros which gives Crowdestate investors a position with an adequate and healthy LTV ratio of 55%.<div style="color: rgb(70, 77, 86);background-color: rgb(255, 255, 255);">The loan will be secured by the first-lien mortgage on property “Jaunkori” a 7,58 hectares large land plot (part of which is gravel quarry) in Gaiķu parish, Broceni district, Latvia. This 12-month loan will bear a 10% annual interest rate. Starting from the 3rd-month Sponsor will make monthly interest payments and principal payments according to the repayment schedule, 30% of the loan principal is repaid during the loan period.</div><div style="color: rgb(70, 77, 86);background-color: rgb(255, 255, 255);"></div><div style="color: rgb(70, 77, 86);background-color: rgb(255, 255, 255);"></div>

Invest in gravel quarry development in Latvia and earn 10% p.a.

Investment opportunity | Jaunkori, Latvia

With this project, the Sponsor aims to raise 57 750 euros against the first lien mortgage on real estate property - 7,58 hectares large gravel quarry, located in Broceni district, Latvia.  The aim of the loan is to refinance the existing Crowdestate loan and provide working capital work gravel quarry operations. The existing Crowdestate loan was used to partially finance the purchase and setup of new gravel quarry machines to fulfill deliveries to existing customers who require gravel and sand of certain fractions.As Sponsor has made investments into the quarry - added electricity connection, access road and has removed unusable soil layers, the property market value has increased. The current real estate value estimation document states that the real estate value of the property is 105,000 euros which gives Crowdestate investors a position with an adequate and healthy LTV ratio of 55%.<div>The loan will be secured by the first-lien mortgage on property “Jaunkori” a 7,58 hectares large land plot (part of which is gravel quarry) in Gaiķu parish, Broceni district, Latvia. This 12-month loan will bear a 10% annual interest rate. Starting from the 3rd-month Sponsor will make monthly interest payments and principal payments according to the repayment schedule, 30% of the loan principal is repaid during the loan period.</div>

With this project, the Sponsor aims to raise 57 000 euros against the first lien mortgage on real estate property - 7,58 hectares large gravel quarry, located in Broceni district, Latvia.  The aim of the loan is to refinance the existing Crowdestate loan and provide working capital work gravel quarry operations. The existing Crowdestate loan was used to partially finance the purchase and setup of new gravel quarry machines to fulfill deliveries to existing customers who require gravel and sand of certain fractions.As Sponsor has made investments into the quarry - added electricity connection, access road and has removed unusable soil layers, the property market value has increased. The current real estate value estimation document states that the real estate value of the property is 105,000 euros which gives Crowdestate investors a position with an adequate and healthy LTV ratio of 54.29%.<div style="color: rgb(70, 77, 86);background-color: rgb(255, 255, 255);">The loan will be secured by the first-lien mortgage on property “Jaunkori” a 7,58 hectares large land plot (part of which is gravel quarry) in Gaiķu parish, Broceni district, Latvia. This 12-month loan will bear a 10% annual interest rate. Starting from the 3rd-month Sponsor will make monthly interest payments and principal payments according to the repayment schedule. </div><div style="color: rgb(70, 77, 86);background-color: rgb(255, 255, 255);"></div>

Käesolevaks investeerimisvõimaluseks on 1. järjekoha hüpoteegiga tagatud sildlaen summas  57,000 eurot. Tagatisvaraks on 7,58 hektari suurune kruusakarjäär Läti Vabariigis, Broceni maakonnas, Gaiķu vallas.Laenu eesmärk on olemasolevate kohustuste refinantseerimine.Vastavalt hindamisaktile on tagatisvara väärtuseks 105,000 eurot, moodustades laenusumma ja tagatisvara suhteks (LTV) 54%.Laenuperioodiks on 12 kuud.Intressimääraks on 10% aasta baasil.Vastavalt tagasimaksegraafikule tehakse igakuiselt nii intressi- kui ka põhiosamakseid - laenuperioodi jooksul tagastatakse 30% laenu põhiosast.

Kruusakarjääride arendamine Lätis, 10% aastane intress

Investeerimisvõimalus | Jaunkori, Läti

With this project, the Sponsor aims to raise 57 750 euros against the first lien mortgage on real estate property - 7,58 hectares large gravel quarry, located in Broceni district, Latvia.  The aim of the loan is to refinance the existing Crowdestate loan and provide working capital work gravel quarry operations. The existing Crowdestate loan was used to partially finance the purchase and setup of new gravel quarry machines to fulfill deliveries to existing customers who require gravel and sand of certain fractions.As Sponsor has made investments into the quarry - added electricity connection, access road and has removed unusable soil layers, the property market value has increased. The current real estate value estimation document states that the real estate value of the property is 105,000 euros which gives Crowdestate investors a position with an adequate and healthy LTV ratio of 55%.<div style="color: rgb(70, 77, 86);background-color: rgb(255, 255, 255);">The loan will be secured by the first-lien mortgage on property “Jaunkori” a 7,58 hectares large land plot (part of which is gravel quarry) in Gaiķu parish, Broceni district, Latvia. This 12-month loan will bear a 10% annual interest rate. Starting from the 3rd-month Sponsor will make monthly interest payments and principal payments according to the repayment schedule, 30% of the loan principal is repaid during the loan period.</div><div style="color: rgb(70, 77, 86);background-color: rgb(255, 255, 255);"></div><div style="color: rgb(70, 77, 86);background-color: rgb(255, 255, 255);"></div>

With this project, the Sponsor aims to raise 57 750 euros against the first lien mortgage on real estate property - 7,58 hectares large gravel quarry, located in Broceni district, Latvia.  The aim of the loan is to refinance the existing Crowdestate loan and provide working capital work gravel quarry operations. The existing Crowdestate loan was used to partially finance the purchase and setup of new gravel quarry machines to fulfill deliveries to existing customers who require gravel and sand of certain fractions.As Sponsor has made investments into the quarry - added electricity connection, access road and has removed unusable soil layers, the property market value has increased. The current real estate value estimation document states that the real estate value of the property is 105,000 euros which gives Crowdestate investors a position with an adequate and healthy LTV ratio of 55%.<div style="color: rgb(70, 77, 86);background-color: rgb(255, 255, 255);">The loan will be secured by the first-lien mortgage on property “Jaunkori” a 7,58 hectares large land plot (part of which is gravel quarry) in Gaiķu parish, Broceni district, Latvia. This 12-month loan will bear a 10% annual interest rate. Starting from the 3rd-month Sponsor will make monthly interest payments and principal payments according to the repayment schedule. </div>

Obiectiv de finanțare:	€ 57700
Randament așteptat:	10 % pe an
Durata investiției:	12 luni
Categoria de risc:	C Model de evaluare a riscurilor
LTV:	Risc scăzut %
Capital stack:	Împrumut garantat

Jaunkori (II)

Investiții finanțate