Tamula Kodu OÜ is developing an apartment building with 68 apartments in Võru (capital of regional district at Southern Estonia, about 260 km south of Tallinn), next to idyllic Lake Tamula. The nature of the project is the reconstruction of a former industrial building and its conversion into a modern residential building.The project is divided into two distinct phases. The Sponsor is looking to fund the constructions costs of the first phase of the project.The first phase includes all necessary demolition works, construction works, building inner partition walls for all 68 apartments and finishing 28 apartments. The remaining 40 apartments will be finished and sold during the second stage of the project. As of 29.05.2018, 17 of 28 apartments in the first stage have already been booked, demonstrating solid demand towards the product.Crowdestate investors have an opportunity to fund the construction of the residential development project at Kreutzwaldi 59c, Võru in the total amount of EUR 1,400,000. Funding will be arranged in several tranches.The funding target for the first tranche is EUR 300,000. This 8-month tranche will earn a 14% fixed annual interest rate, with an IRR of 14,22%.All loans in all tranches have a 1st lien cross-collateral mortgage in the total amount of EUR 1,927,000. The mortgage will be held in favor of investors by Crowdestate Collateral Agent. The total funding is arranged in up to 7 separate funding rounds, EUR 200,000 to EUR 300,000 each.The first three funding rounds have a shorter, up to 8-month investment period. The rest of the rounds would have slightly longer, up to 12-month repayment periods. Accrued interest is paid out at the end of the investment period along with the return of the principal.According to the financial model, the loans would be returned and interest paid out latest by September 2019. As the Sponsor is obliged to return 95% of sales revenues to Crowdestate investors, the actual loan period may turn out to be shorter. Prior to this campaign, the Sponsor has already invested EUR 900,000 equity into this project. Investments have been used for acquiring the property and financing ongoing construction works.

Invest in a real estate development in Estonia and earn 14% p.a.

Mortgage secured real estate investment opportunity

Käesoleva projekti raames arendab Tamula Kodu OÜ Võrus, Tamula järve äärsele Kreutzwaldi 59c kinnistule 3-korruselise 68 korteriga korterelamu, rekonstrueerides kinnistul paikneva 1981. aastal kasutusse antud tootmishoone elukondlikuks hooneks.Projekt on jagatud kaheks selgelt eristatavaks etapiks. Sponsor soovib kasutada Crowdestate’i investorite vahendeid projekti esimese etapi ehitustööde rahastamiseks.Esimeses etapis teostab arendaja kõik vajalikud lammutustööd, rajab kõigi 68 korteri karbid ja ehitab valmis 28 korterit. Arenduse teises faasi raames ehitatakse lõpuni ja müüakse ülejäänud 40 korterit.Projekti avaldamise hetkeks on esimeses etapis valmivast 28 korterist broneeritud 17 korterit, mis iseloomustab hästi antud toote järgi olevat nõudlust.Käesoleva projekti raames on Crowdestate’i investoritel võimalus kaasrahastada Võrus, Kreutzwaldi 59c arendatava kortermaja arendusprojekti kokku kuni 1 400 000 euro suuruses summas. Projekti rahastamine on kavandatud korraldada ehitustegevuse tempot järgiva mitme rahastusvooru kaudu. Esimese rahastusvooru summa on 300 000 eurot, fikseeritud intressimäär on 14% ja laenu perioodiks 8 kuud, investeeringu sisemiseks tootlusläveks (IRR) on 14,22%.Kõik rahastusvoorud on tagatud 1. järjekoha hüpoteegiga Crowdestate Collateral Agent’i kasuks kogusummas 1 927 000 eurot.Projekti rahastatakse kokku kuni 7 vooru kaudu. Rahastusvoorude mahud on 200,000 kuni 300,000 eurot, viimane rahastusvoor on planeeritud 2018 aasta 4. kvartalisse.Esimesed 3 vooru on kavandatud lühikeste, 8-kuuliste laenuperioodidega. Ülejäänud voorude pikkused on kavandatud kuni 12 kuu pikkusteks. Perioodilisi intressimakseid ei tehta.Äriplaani kohaselt on Crowdestate’i investorite laenu koos intressidega tagasi makstud 2019. aasta septembris, kuid Sponsor maksab 95% asjaõiguslike lepingute alusel tekkivast müügikäibest kaasatud laenude teenindamiseks ning peab võimalikuks laenu tagastamist varem.Sponsor on projekti juba paigutanud u. 900 000 eurot omakapitali, mida on kasutatud kinnistu ostuks ja lammutus- ning ehitustööde teostamiseks.

Käesoleva projekti raames arendab Tamula Kodu OÜ Võrus, Tamula järve äärsele Kreutzwaldi 59c kinnistule 3-korruselise 68 korteriga korterelamu, rekonstrueerides kinnistul paikneva 1981. aastal kasutusse antud tootmishoone elukondlikuks hooneks.Projekt on jagatud kaheks selgelt eristatavaks etapiks. Sponsor soovib kasutada Crowdestate’i investorite vahendeid projekti esimese etapi rahastamiseks.Esimeses etapis teostab arendaja kõik vajalikud lammutustööd, ehitab valmis 68 korteri karbid ja ehitab valmis 28 korterit. Arenduse teises faasi raames ehitatakse lõpuni ja müüakse ülejäänud 40 korterit.Projekti avaldamise hetkeks on esimeses etapis valmivast 28 korterist broneeritud 17 korterit, mis iseloomustab hästi antud toote järgi olevat nõudlust.Käesoleva projekti raames on Crowdestate’i investoritel võimalus kaasrahastada Võrus, Kreutzwaldi 59c arendatava kortermaja arendusprojekti kokku kuni 1 400 000 euro suuruses summas. Projekti rahastamine on kavandatud korraldada ehitustegevuse tempot järgiva mitme rahastusvooru kaudu. Esimese rahastusvooru summa on 300 000 eurot, fikseeritud intressimäär on 14% ja laenu perioodiks 7 kuud, investeeringu sisemiseks tootlusläveks (IRR) on 17,15%.Kõik rahastusvoorud on tagatud 1. järjekoha hüpoteegiga Crowdestate Collateral Agent’i kasuks kogusummas 1 927 000 eurot.Projekti on võimalik rahastada kokku 7 vooru kaudu. Rahastusvoorude mahud on 200,000 kuni 300,000 eurot, viimane rahastusvoor on planeeritud 2018 aasta 4. kvartalisse.Esimesed 3 vooru on kavandatud lühikeste, 6-7-kuuliste laenuperioodidega. Ülejäänud voorude pikkused on kavandatud kuni 12 kuu pikkusteks. Perioodilisi intressimakseid ei tehta.Äriplaani kohaselt on Crowdestate’i investorite laenu koos intressidega tagasi makstud 2019. aasta septembris, kuid Sponsor maksab 95% asjaõiguslike lepingute alusel tekkivast müügikäibest kaasatud laenude teenindamiseks ning peab võimalikuks laenu tagastamist varem.Sponsor on juba projekti paigutanud u. 900 000 eurot, mida on kasutatud kinnistu ostuks ja lammutus- ning ehitustööde teostamiseks.

Tamula Kodu OÜ is developing an apartment building with 68 apartments in Võru (capital of regional district at Southern Estonia, about 260 km south of Tallinn), next to idyllic Lake Tamula. The nature of the project is the reconstruction of a former industrial building and its conversion into a modern residential building.The project is divided into two distinct phases. The Sponsor is looking to fund the constructions costs of the first phase of the project.The first phase includes all necessary demolition works, construction works, building inner partition walls for all 68 apartments and finishing 28 apartments. The remaining 40 apartments will be finished and sold during the second stage of the project. As of 29.05.2018, 17 of 28 apartments in the first stage have already been booked, demonstrating solid demand towards the product.Crowdestate investors have an opportunity to fund the construction of the residential development project at Kreutzwaldi 59c, Võru in the total amount of EUR 1,400,000. Funding will be arranged in several tranches.The funding target for the first tranche is EUR 300,000. This 8-month tranche will earn a 14% fixed annual interest rate, with an IRR of 14,22%.All loans in all tranches have a 1st lien cross-collateral mortgage in the total amount of EUR 1,927,000. The mortgage will be held in favor of investors by Crowdestate Collateral Agent. The total funding is arranged in up to 7 separate funding rounds, EUR 200,000 to EUR 300,000 each.The first three funding rounds have a shorter, up to 8-month investment period. The rest of the rounds would have slightly longer, up to 12-month repayment periods. Accrued interest is paid out at the end of the investment period along with the return of the principal.According to the financial model, the loans would be returned and interest paid out latest by September 2019. As the Sponsor is obliged to return 95% of sales revenues to Crowdestate investors, the actual loan period may turn out to be shorter. Prior to this campaign, the Sponsor has already invested EUR 900,000 equity into this project. Investments have been used for acquiring the property and financing ongoing construction works.

Obiectiv de finanțare:	€ 300000
Randament așteptat:	14 % pe an
Durata investiției:	8 luni
Categoria de risc:	B Model de evaluare a riscurilor
LTV:	Risc scăzut %
Capital stack:	Împrumut garantat

Kreutzwaldi 59c, Võru (I)

Oferta de finanțare participativă ieșită