Our next project presents an opportunity to invest in mortgage secured loan in amount of EUR 420,000. Security includes 7 new completed terraced house apartments in exclusive Kvissental district, at Klaose St. 12 and Klaose St. 14, Tartu, Estonia.Recently completed and partly commissioned row house development at Klaose St. 12 and 14 includes 12 apartments in total. 3 apartments are already sold and ownership has been transferred to new owners. 2 apartments have been sold by notarized presales agreement. The Sponsor of the project is established construction entrepreneur who is also the developer of Klaose St. 12 and 14 row houses. The Sponsor intends to use collected funds to refinance current liabilities. The sponsor has previously raised capital from Crowdestate investors for development of <a href="https://crowdestate.eu/opportunity/Aeru-9-Tartu-IV" target="" style="background-color: transparent;color: rgb(73, 131, 195);">Aeru St. 9, 11</a> and <a href="https://crowdestate.eu/opportunity/Klaose-12-14" target="" style="background-color: transparent;color: rgb(73, 131, 195);">Klaose St. 12, 14</a> properties. 7 unsold apartments function as underlying asset for this loan.The loan is secured by a 1st. rank mortgage on unsold apartments. The market value of these apartments is EUR 850,000 excluding VAT.The loan term is 12 months and interest rate is fixed on 11% per annum.Sponsor has agreed to quarterly interest payments.According to that, the internal rate of return (IRR) for this project is 11,46%.The loan will be returned and outstanding interest will be paid out according to sales as 100% of sales revenues will be transferred to payouts to investors, but not later than the expiry date.Loan-to-value-ratio (LTV) for this loan is 55%.

Invest in a real estate development in Estonia

Investment opportunity in Tartu, Estonia

Our next project presents an opportunity to invest in mortgage secured loan in amount of EUR 420,000. Security includes 7 new completed terraced house apartments in exclusive Kvissental district, at Klaose St. 12 and Klaose St. 14, Tartu, Estonia.Recently completed and partly commissioned row house development at Klaose St. 12 and 14 includes 12 apartments in total. 3 apartments are already sold and ownership has been transferred to new owners. 2 apartments have been sold by notarized presales agreement. The Sponsor of the project is established construction entrepreneur who is also the developer of Klaose St. 12 and 14 row houses. The Sponsor intends to use collected funds to refinance current liabilities. The sponsor has previously raised capital from Crowdestate investors for development of <a href="https://crowdestate.eu/opportunity/Aeru-9-Tartu-IV" target="">Aeru St. 9, 11</a> and <a href="https://crowdestate.eu/opportunity/Klaose-12-14" target="">Klaose St. 12, 14</a> properties. 7 unsold apartments function as underlying asset for this loan.The loan is secured by a 1st. rank mortgage on unsold apartments. The market value of these apartments is EUR 850,000 excluding VAT.The loan term is 12 months and interest rate is fixed on 11% per annum.Sponsor has agreed to quarterly interest payments.According to that, the internal rate of return (IRR) for this project is 11,46%.The loan will be returned and outstanding interest will be paid out according to sales as 100% of sales revenues will be transferred to payouts to investors, but not later than the expiry date.Loan-to-value-ratio (LTV) for this loan is 55%.

Käesolev projekt pakub võimalust investeerida 420,000 eurot hüpoteegiga tagatud laenu. Laenu tagatiseks on äsja valminud korterid Tartus, eksklusiivses Kvissentali elamurajoonis, aadressidel Klaose 12 ja Klaose 14 asuvates ridaelamutes. Arenduses on kokku 12 korterit, millest 3 on asjaõiguslike lepingute alusel müüdud ja 2 korterit on müüdud võlaõigusliku lepingu alusel. Käesoleva laenu tagatiseks on 7 seni müümata korteriomandit.Sponsoriks on Klaose 12 ja Klaose 14 ridamajade arendaja, kes kasutab kaasatud vahendeid osaliselt olemasolevate kohustuste refinantseerimiseks. Sponsor on varasemalt Crowdestate investoritelt kaasanud kapitali <a href="https://crowdestate.eu/opportunity/Aeru-9-Tartu-IV" target="">Aeru tn. 9 ja 11</a> ning <a href="https://crowdestate.eu/opportunity/Klaose-12-14" target="_blank">Klaose tn. 12 ja 14</a> arendamiseks.Laen on tagatud esimese järjekoha hüpoteegiga seni müümata korteritele. Müümata korterite turuväärtus on kokku 850,000 eurot käibemaksuta summas.Laenuperioodiks on kuni 12 kuud ja fikseeritud intressimääraks on 11% aastas. Sponsor teeb kvartaalseid intressimakseid.Vastavalt sellele kujuneb investeerimisvõimaluse sisemiseks tootlusläveks (IRR) 11,46%.Laenusumma tagastatakse laenu tähtajal või korterite müümisel.Laenu ja tagatisvara suhteks (LTV) selles projektis on 55%.

Questo progetto offre l’opportunità di investire in un’operazione garantita da ipoteca di primo grado pari ad un importo di 420.000 EUR.La garanzia copre 7 degli appartamenti a schiera che sono stati realizzati nell’esclusivo distretto di Kvissental, a Klaose St. 12 e Klaose St. 14, Tartu, Estonia.Il complesso di case a schiera recentemente costruito ed ubicato presso Klaose St. 12 e 14 comprende 12 nuovi appartamenti in totale. Di questi appartamenti, 3 sono già venduti ufficialmente ed altri 2 sono stati venduti su carta con atto notarile.Lo Sponsor del progetto, nonché sviluppatore del progetto immobiliare Klaose St, è un imprenditore edile con esperienza e grande conoscenza del settore.Lo Sponsor dell’iniziativa utilizzerà i fondi raccolti per finanziare una seconda parte del progetto immobiliare. La stessa società Sponsor aveva già precedentemente raccolto capitali tramite Crowdestate per lo sviluppo delle proprietà del progetto Aeru St. 9, 11 e per la prima tranche del progetto di Klaose St. 12, 14.Il prestito è garantito da un’ipoteca di primo grado sui 7 appartamenti: il valore di mercato di queste unità abitative è di 850.000 EUR IVA esclusa.La durata del prestito è di 12 mesi e il tasso di interesse è fissato all'11% annuo.Lo sponsor ripagherà gli investitori con degli interessi a cadenza trimestrale, il tasso di rendimento interno ​​per questo progetto è pari al 11,46%.Il prestito verrà restituito e gli interessi in sospeso verranno pagati di pari passo con le vendite, come già avvenuto negli scorsi mesi con le altre raccolte. Il loan-to-value-ratio (LTV) per questo prestito è del 55%.

Estonia

Euro

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Obiectiv de finanțare:	€ 420000
Randament așteptat:	11 % pe an
Durata investiției:	7 luni
Categoria de risc:	B Model de evaluare a riscurilor
LTV:	Risc scăzut %
Capital stack:	Împrumut garantat

Klaose tn 12, 14, Tartu (V)

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