The purpose of the current investment opportunity is to continue financing the construction costst of 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 8, 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 EUR 93,500 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 8. The source of loan repayment is sale of completed apartments or refinancing through bank loan. The construction of the Rae põik 8 terraced house is in progress and 84% completed. The deadline for the completion of the project is April 2022.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 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, construction supervision acts and income from eight sold apartments at Rae põik 6 current net 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 8, Rae vald, Harju parish

The purpose of the current investment opportunity is to continue financing the construction costst of 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 8, 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 EUR 93,500 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 8. The source of loan repayment is sale of completed apartments or refinancing through bank loan. The construction of the Rae põik 8 terraced house is in progress and 84% completed. The deadline for the completion of the project is April 2022.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 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, construction supervision acts and income from eight sold apartments at Rae põik 6 current net 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%.

Investment opportunity | Rae põik 8, Rae parish, Harju country

Käesolevaks investeerimisvõimaluseks on Rae põik järgmise 9 korteriga ridaelamu ehituse finantseerimine jätkamine. Arendus asub Tallinna piiril, Rae vallas, aadressil Rae põik 8, Rae küla. Projekti Sponsor, Väike-Rae Arenduse OÜ soovib Crowdestate’i investoritelt kaasata neljanda rahastusvooruga 93,500 eurot, mida kasutatakse Rae põik 8 projekti ehitustegevuse finatseerimiseks. Laenu tagastamise allikaks on valminud korterite müük või refinantseerimine läbi pangalaenu. Projekti valmimise aprill 2022.a. Laenuperioodiks on 4 kuud. Fikseeritud intressimääraks 9% aasta baasil. Perioodilisi intressimakseid ei tehta.Kõik 9 ridaelamu korterid on võlaõiguslepingutega müüdud.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:	€ 93500
Oodatav tootlus:	9 % aastas
Investeerimisperiood:	2 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Rae põik 8, Rae (VI)

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