Botanique lofts located close to the Botanical Garden, will be a unique type of residential project - an old 3-story telecommunication building will be turned into stylish, high ceiling studio apartments perfectly suitable for students as well as expats and new families.The construction financing of the project will be separated into 6 campaigns organized according to the construction progress. The campaigns will amount from 40,000 to 275 000 EUR each (total investment amount up to 1,115,000 EUR).The expected return of each campaign will be 12,7% and fixed interest rate set at 13,5%.The total timeline of the project is expected to be 24 months - 12 months for reconstruction and 12 months for sale of apartments. According to the financial model, the loans would be returned and interest paid out latest by January 2020. As the Sponsor is obliged to return 70% of sales revenues to Crowdestate investors, the actual loan period may turn out to be shorter.

Real estate investment opportunity in Latvia, 12.7% p.a expected return

Real estate investment opportunity | Botanique, Latvia

Riia botaanikaaia lähedal asuvatest Botanique loftidest kujuneb ainulaadne eluhoone - vana 3-korruseliseline telekommunikatsioonimaja ehitatakse ümber stiilseks, kõrgete lagedega stuudiokorteritega elamuks, mis sobib ideaalselt nii üliõpilastele kui ka noortele peredele. Projekti ehitusfinantseering jaotatakse vastavalt ehitusgraafikule 6 erinevasse, 40 000 EUR kuni 275 000 EUR suurusesse  investeerimisetappi, investeeringu kogusummaks on  1 115 000 EUR.Iga investeerimisvõimaluse raames kaasatava tagatud laenu fikseeritud intressimäär on 13,5%.Projekti ajakava pikkuseks on planeeritud kuni 24 kuud - 12 kuud rekonstrueerimiseks ja 12 kuud korterite müügiks.Finantsmudeli kohaselt tagastatakse laenud ja intressid hiljemalt 2020. aasta jaanuariks. Kuna Sponsor on kohustatud tagastama 70% müügituludest Crowdstate investoritele, saab tegelik laenuperiood olema lühem.

Botanique lofts located close to the Botanical Garden, will be a unique type of residential project - an old 3-story telecommunication building will be turned into stylish, high ceiling studio apartments perfectly suitable for students as well as expats and new families.The construction financing of the project will be separated into 6 campaigns organized according to the construction progress. The campaigns will amount from 40,000 to 275 000 EUR each (total investment amount up to 1,115,000 EUR).The expected return of each campaign will be 13,93 % and fixed interest rate set at 13,5%.The total timeline of the project is expected to be 24 months - 12 months for reconstruction and 12 months for sale of apartments. According to the financial model, the loans would be returned and interest paid out latest by January 2020. As the Sponsor is obliged to return 70% of sales revenues to Crowdestate investors, the actual loan period may turn out to be shorter.

Rahastuseesmärk:	€ 275000
Oodatav tootlus:	12.7 % aastas
Investeerimisperiood:	3 kuud
Riskikategooria:	A Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Jaunsaules iela 1, Rīga

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