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. 60% completed already. As we publish this opportunity, there is 1 apartment sold and 3 booked out of total 12 apartments.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 400,000 by two previous funding rounds.This current funding round has an objective to raise EUR 170,000. 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 8 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 11,40%.

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. 60% completed already. As we publish this opportunity, there is 1 apartment sold and 3 booked out of total 12 apartments.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 400,000 by two previous funding rounds.This current funding round has an objective to raise EUR 170,000. 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 8 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 11,40%.

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. 60% ulatuses valminud.Arenduses on kokku 12 korterit, millest 1 on võlaõigusliku lepingu alusel müüdud ja 3 on broneeritud.Sponsoriks on ehitusettevõtja, kes toimib projektis ka peatöövõtjana.Crowdestate’i investoritel on võimalus projekti paigutada kokku 570,000 eurot.Käesoleva, kolmanda ja viimase rahastusvooru maht on 170,000 eurot. Seni on Crowdestate'i investorid projekti investeerinud kokku 400,000 eurot.Laen on tagatud esimese järjekoha hüpoteegiga arendatavatele kinnistutele. Lisaks on Sponsori juhatuse liige andnud projektile isikliku käenduse summas kuni 100,000 eurot.Laenuperioodiks on kuni 8 kuud ja fikseeritud intressimääraks on 11% aastas.Sponsor teeb kvartaalseid intressimakseid.Laenusumma tagastatakse laenu tähtajal või korterite müümisel.Käesoleva rahastusvooru arvutuslik tootlus on 11,40%.

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. 60% completed already. As we publish this opportunity, there is 1 apartment sold and 3 booked out of total 12 apartments.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 400,000 by two previous funding rounds.This current funding round has an objective to raise EUR 170,000. 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 8 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 11,40%.

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 60%.На момент этой публикации из строящихся 12-ти уже 1 квартира выкуплена и 3 забронированы.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 400 000 евро благодаря успешным двум раундам финансирования.В ходе этого раунда финансирования планируется привлечь 170 000 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 8 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 11,40%.

Rahastuseesmärk:	€ 170000
Oodatav tootlus:	11.4 % aastas
Investeerimisperiood:	7 kuud
Riskikategooria:	C Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Aeru 9/11, Tartu (III)

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