This project provides Crowdestate investors with an opportunity to invest in development of row house development project in Tartu, Aeru 9 and Aeru 11, located in exclusive Kvissental precinct.Kvissental is highly valued and private neighbourhood quite next to River Emajõgi on the northern border of Tartu, the second largest city in Estonia. As the result of this project, two row houses with six apartments in each will be built and sold. Both houses are approx. 50% completed already. 25% of units under construction are booked.The Sponsor of the project is established construction entrepreneur who functions also as main contractor in this project.Crowdestate investors have an opportunity to finance the construction of Aeru 9 and Aeru 11 in the amount of EUR 570,000 in total. Crowdestate investors have funded this project already in amount of EUR 200,000 by successful funding round in December 2018.This current funding round has an objective to raise EUR 200,000. The loans are secured by first rank mortgage on the Aeru 9 and Aeru 11 properties as well as personal assurance in the amount of EUR 100,000 by Mr. Enn Mullamaa, a board member of Westwood Invest OÜ, the sponsor of this project.The loan term is 10 months and interest rate is fixed on 11% per annum.Sponsor has agreed to quarterly interest payments.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 expiry date.The internal rate of return (IRR) of the first tranche is 11,43%.

Invest in a real estate development in Estonia and earn more than 11% p.a.

Investment opportunity in Tartu, Estonia

This project provides Crowdestate investors with an opportunity to invest in development of row house development project in Tartu, Aeru 9 and Aeru 11, located in exclusive Kvissental precinct.Kvissental is highly valued and private neighbourhood quite next to River Emajõgi on the northern border of Tartu, the second largest city in Estonia. As the result of this project, two row houses with six apartments in each will be built and sold. Both houses are approx. 50% completed already. 25% of units under construction are booked.The Sponsor of the project is established construction entrepreneur who functions also as main contractor in this project.Crowdestate investors have an opportunity to finance the construction of Aeru 9 and Aeru 11 in the amount of EUR 570,000 in total. Crowdestate investors have funded this project already in amount of EUR 200,000 by successful funding round in December 2018.This current funding round has an objective to raise EUR 200,000. The loans are secured by first rank mortgage on the Aeru 9 and Aeru 11 properties as well as personal assurance in the amount of EUR 100,000 by Mr. Enn Mullamaa, a board member of Westwood Invest OÜ, the sponsor of this project.The loan term is 10 months and interest rate is fixed on 11% per annum.Sponsor has agreed to quarterly interest payments.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 expiry date.The internal rate of return (IRR) of the first tranche is 11,43%.

Käesolev projekt pakub võimalust investeerida Tartus, eksklusiivses Kvissentali elamurajoonis, aadressidel Aeru 9 ja Aeru 11 asuvate ridaelamute arendamisse.Kvissental on hinnatud ja privaatne piirkond, mis asub Emajõe vahetus läheduses. Antud projekti raames arendatakse korraga kahte kuue korteriga ridamaja. Majad on ca. 50% ulatuses valminud.25% ehitatavatest korteritest on broneeritud.Sponsoriks on ehitusettevõtja, kes toimib projektis ka peatöövõtjana.Crowdestate’i investoritel on võimalus projekti paigutada kokku 570 000 eurot.Käesoleva, teise rahastusvooru maht on 200 000 eurot. Projekti esimese, 2018. a. detsembris korraldatud rahastusvooru maht oli samuti 200 000 eurot.Laen on tagatud esimese järjekoha hüpoteegiga arendatavatele kinnistutele. Lisaks on Sponsori juhatuse liige andnud projektile isikliku käenduse summas kuni 100000 eurot.Laenuperioodiks on kuni 10 kuud ja fikseeritud intressimääraks on 11% aastas.Sponsor teeb kvartaalseid intressimakseid.Laenusumma tagastatakse laenu tähtajal või korterite müümisel.Teise rahastusvooru arvutuslik tootlus on 11,43%.

This project provides Crowdestate investors with an opportunity to invest in development of row house development project in Tartu, Aeru 9 and Aeru 11, located in exclusive Kvissental precinct.Kvissental is highly valued and private neighbourhood quite next to River Emajõgi on the northern border of Tartu, the second largest city in Estonia. As the result of this project, two row houses with six apartments in each will be built and sold. Both houses are approx. 50% completed already. 25% of units under construction are booked.The Sponsor of the project is established construction entrepreneur who functions also as main contractor in this project.Crowdestate investors have an opportunity to finance the construction of Aeru 9 and Aeru 11 in the amount of EUR 570,000 in total. Crowdestate investors have funded this project already in amount of EUR 200,000 by successful funding round in December 2018.This current funding round has an objective to raise EUR 200,000. The loans are secured by first rank mortgage on the Aeru 9 and Aeru 11 properties as well as personal assurance in the amount of EUR 100,000 by Mr. Enn Mullamaa, a board member of Westwood Invest OÜ, the sponsor of this project.The loan term is 10 months and interest rate is fixed on 11% per annum.Sponsor has agreed to quarterly interest payments.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 expiry date.The internal rate of return (IRR) of the first tranche is 11,43%.

Этот проект предоставляет инвесторам Crowdestate возможность инвестировать в строительство ряда домов в Тарту, Aeru 9 и Aeru 11, расположенных в эксклюзивном районе Квиссенталь.Квиссенталь это частный район, который находится в непосредственной близости от реки Эмайыги на северной границе Тарту, второго по величине города в Эстонии. В результате этого проекта будут построены и проданы двухрядные дома с шестью квартирами каждый. Оба дома уже завершены примерно на 50%.25% строящихся объектов уже забронировано.Спонсором проекта является предприниматель, который также выступает в качестве основного подрядчика в этом проекте.Инвесторы Crowdestate имеют возможность финансировать строительство Aeru 9 и Aeru 11 в общей сумме 570 000 евро.Инвесторы Crowdestate уже профинансировали этот проект на сумму 200 000 евро благодаря успешному раунду финансирования в декабре 2018 года.В ходе этого раунда финансирования планируется привлечь 200 000 евро.Кредиты обеспечены ипотекой первого ранга на Aeru 9 и Aeru 11, а также личной гарантией в размере 100 000 евро г-ном Энн Мулламаа, членом правления Westwood Invest OÜ, спонсором этого проекта.Срок кредита составляет 10 месяцев, а процентная ставка - 11% годовых. Проводится ежеквартальная выплата процентов.Кредит будет возвращен, а оставшиеся проценты будут выплачены в соответствии с продажами, так как 100% выручки от продаж будут переведены на выплаты инвесторам, но не позднее даты истечения срока.Внутренняя норма прибыли (IRR) второго транша составляет 11,43%.

Rahastuseesmärk:	€ 200000
Oodatav tootlus:	11.43 % aastas
Investeerimisperiood:	9 kuud
Riskikategooria:	C Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Aeru 9/11, Tartu (II)

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