The purpose of the current investment opportunity is to continue financing the next phase of Rae põik terraced houses project. In this stage is planned to build the next terraced house with 9 apartments at Rae põik 10, Rae municipality, Harju country, Estonia. While the project is located just outside the Tallinn (capital of Estonia) city limits, it is 10 km away from Tallinn city centre.The Sponsor, Väike-Rae Arenduse OÜ, intends to raise with current investment round EUR 80,000 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 10. The source of loan repayment is sale of completed apartments or refinancing through bank loan. The construction of the Rae põik 10 terraced house has been already started in Autumn 2021. The deadline for the completion of the project is Spring 2022.All 9 apartments are sold with notarised pre-sale agreements. For successful exit has to be sold 6 apartments.Loan term is scheduled up to 4 months. The investment earns a fixed interest rate at 9% p.a. There is no periodic interest payments.The loan is secured by a first rank co-mortgage on 3 residential land plots of Rae põik 6, Rae põik 8 and Rae põik 10 with valid construction permit of identical row houses. The construction of terraced house at Rae põik 6 is 100% completed and all apartments are sold with pre-sale agreements. One apartment at Rae põik 6 left as an example for future buyers. And it is still used as Rae põik 8 and 10 investments additional security.  The construction of terraced house at Rae põik 8 is 84% completed and construction of terraced house at Rae põik 10 is 68% completed. All apartments at Rae põik 8 and 10 row houses are sold with notarised pre-sale agreements. According to evaluation reports and construction supervision acts current value of the collateral is EUR 1,784,631. According to that, the ratio of total amount of liabilities and collateral value (LTV) is 64,28%.

Real estate investment opportunity in Estonia for property development offering 9% annual interest rate.

Investment opportunity | Rae põik 10, Rae parish, Harju country

The purpose of the current investment opportunity is to continue financing the next phase of Rae põik terraced houses project. In this stage is planned to build the next terraced house with 9 apartments at Rae põik 10, Rae municipality, Harju country, Estonia. While the project is located just outside the Tallinn (capital of Estonia) city limits, it is 10 km away from Tallinn city centre.The Sponsor, Väike-Rae Arenduse OÜ, intends to raise with current investment round EUR 80,000 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 10. The source of loan repayment is sale of completed apartments or refinancing through bank loan. The construction of the Rae põik 10 terraced house has been already started in Autumn 2021. The deadline for the completion of the project is Spring 2022.All 9 apartments are sold with notarised pre-sale agreements. For successful exit has to be sold 6 apartments.Loan term is scheduled up to 4 months. The investment earns a fixed interest rate at 9% p.a. There is no periodic interest payments.The loan is secured by a first rank co-mortgage on 3 residential land plots of Rae põik 6, Rae põik 8 and Rae põik 10 with valid construction permit of identical row houses. The construction of terraced house at Rae põik 6 is 100% completed and all apartments are sold with pre-sale agreements. One apartment at Rae põik 6 left as an example for future buyers. And it is still used as Rae põik 8 and 10 investments additional security.  The construction of terraced house at Rae põik 8 is 84% completed and construction of terraced house at Rae põik 10 is 68% completed. All apartments at Rae põik 8 and 10 row houses are sold with notarised pre-sale agreements. According to evaluation reports and construction supervision acts current value of the collateral is EUR 1,784,631. According to that, the ratio of total amount of liabilities and collateral value (LTV) is 64,28%.

Käesolevaks investeerimisvõimaluseks on Rae põik järgmise 9 korteriga ridaelamu ehituse finantseerimise jätkamine. Arendus asub Tallinna piiril, Rae vallas, aadressil Rae põik 10, Rae küla. Projekti Sponsor, Väike-Rae Arenduse OÜ soovib Crowdestate’i investoritelt kaasata teise rahastusvooruga 80,000 eurot, mida kasutatakse Rae põik 10 projekti ehitustegevuse finatseerimiseks. Laenu tagastamise allikaks on valminud korterite müük. Rae põik 10 ridaelamu projekti ehitamine juba algas. ja 58% on valmis. Projekti valmimise tähtaeg on kevad 2022.a.Võlaõiguslepingutega on müüdud kõik 9 korterit. Laenuperioodiks on 4 kuud. Fikseeritud intressimääraks 9% aasta baasil. Perioodilisi intressimakseid ei tehta.Laen on tagatud 1. järjekoha ühishüpoteekidega 3-le arenduskinnistutele aadressil Rae põik 6, 8, 10, Rae küla. Igal kinnistul on kehtiv ehitusluba identse ridaelamu projektile. Rae põik 6 ridaelamu ehitus on lõppenud ja 8 ridaelamu korterit on asjaõiguslepingutega müüdud. Jäänud vaid üks näidiskorter, mis on kasutatud Rae põik 8 ja 10 investeeringute lisatagatisena. Rae põik 8 ridaelamu on 84% valmis ja Rae põik 10 ridaelamu on 68% valmis. Kõik 18 korterid aadressil Rae põik 8 ja 10 on võlaõiguslepingutega müüdud.  Tagatisvara praeguseks väärtuseks on 1,784,631 eurot. Vastavalt sellele moodustab kogu laenukohustuste summa vara väärtusest (LTV) 64,28%.

Rahastuseesmärk:	€ 80000
Oodatav tootlus:	9 % aastas
Investeerimisperiood:	6 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Rae põik 10, Rae (III)

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