The purpose of current investment opportunity is to finance construction of terraced house project with 12 apartments in 3 separate buildings at Paevälja Road 6, Paevälja Road 8 and Paevälja Road 10, Viimsi, Estonia. The amount of this funding round is EUR 100,000. Crowdestate’ investors have previously invested in this project in the amount of EUR 1,9 million. The source of loan repayment is sales of completed apartments.As we publish this project, 8 apartments out of 12 are already completed and commissioned. 3 out of remaining 4 apartments are sold. Remaining 4 apartments are 95% complete.To return the loan principal and pay out interest, Sponsor has to finish and commission 2 apartments.The investment earns a fixed interest rate at 10% p.a. and the loan term is scheduled up to 7 months. The loan is secured by a 1st rank mortgage on 3 apartments and by 2nd rank mortgage on 1 apartment. One of the apartments is mortgaged to the local municipality to secure investments in infrastructure related to Paevälja Road development.The value of the collateral is EUR 825,000. The ratio of total amount of liabilities and collateral value (LTV) is 49%. As additional security, the board member of the Sponsor has agreed to offer personal suretyship in the amount of EUR 100,000.

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

Real estate investment | Paevälja tee 6, 8, 10 (IX)

The purpose of current investment opportunity is to finance construction of terraced house project with 12 apartments in 3 separate buildings at Paevälja Road 6, Paevälja Road 8 and Paevälja Road 10, Viimsi, Estonia. The amount of this funding round is EUR 100,000. Crowdestate’ investors have previously invested in this project in the amount of EUR 1,9 million. The source of loan repayment is sales of completed apartments.As we publish this project, 8 apartments out of 12 are already completed and commissioned. 3 out of remaining 4 apartments are sold. Remaining 4 apartments are 95% complete.To return the loan principal and pay out interest, Sponsor has to finish and commission 2 apartments.The investment earns a fixed interest rate at 10% p.a. and the loan term is scheduled up to 7 months. The loan is secured by a 1st rank mortgage on 3 apartments and by 2nd rank mortgage on 1 apartment. One of the apartments is mortgaged to the local municipality to secure investments in infrastructure related to Paevälja Road development.The value of the collateral is EUR 825,000. The ratio of total amount of liabilities and collateral value (LTV) is 49%. As additional security, the board member of the Sponsor has agreed to offer personal suretyship in the amount of EUR 100,000.

Invest in a real estate development in Estonia and earn 10%  p.a.

Real estate investment | Paevälja tee 6, 8, 10 (XI)

Käesolevaks investeerimisvõimaluseks on 12 korteriga ridaelamuarenduse ehituskulude finantseerimine. Projekti objektiks olev arendus koosneb kolmest 4 korteriga ridamajast Viimsis, aadressidel Paevälja tee 6, Paevälja tee 8 ja Paevälja tee 10. Crowdestate’i investorid on varem seda projekti rahastanud 1,9 miljoni euro ulatuses.Projekti Sponsor, Paepanga Rivimajad OÜ soovib Crowdestate’i investoritelt kaasata 100,000 eurot, mida kasutatakse edasise ehitustegevuse finatseerimiseks. Laenu tagastamise allikaks on valminud korterite müük.Projekti avaldamise ajaks on 12-st korterist 8 valminud ja ostjatele üle antud. 4 korterit on seni ostjatele üle andmata. 3 nendest on müüdud. Ostjatele veel üle andmata korterite valmidusjärk on 95%. Laenu tagastamiseks ja intressimaksete tasumiseks peab Sponsor üle andma 2 korterit.Laenuperioodiks on 7 kuud. Fikseeritud intressimääraks 10% aasta baasil. Laen on tagatud 1. järjekoha hüpoteekidega kolmele korteriomandile selles arendusprojektis. Ühele korterile on seatud 2. järjekoha hüpoteek.Tagatisvara väärtuseks on 825,000. eurot. Vastavalt sellele moodustab laenukohustuste summa tagatisvara väärtusest (LTV) 49%. Lisatagatisena on projekti Sponsori juhatuse liige nõustunud käendama laenulepingust tulenevaid kohustusi 100,000 euro ulatuses.

Rahastuseesmärk:	€ 100000
Oodatav tootlus:	10 % aastas
Investeerimisperiood:	2 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Paevälja tee 6, 8, 10, Lubja (XI)

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