Our new project offers an opportunity to finance the purchase and construction of Raiheina St. 35 single family house development. The property is located in on the border of Viimsi municipality and the city of Maardu, approx. 14 km (20 - 25 minutes drive by car) from Tallinn. There are mostly private houses in the direct neighborhood.  Investors will be offered an opportunity to finance the purchase of the property and further construction in total amount of 260,000 euros. In the current first round the Sponsor is looking for 160,000 euros to finance the purchase of Raiheina St. 35 property. Funds from subsequent rounds will be used to finance the completion of construction in the amount of up to 100,000 euros. Construction is underway - the house box has been erected and insulated, doors and windows have been installed. It is necessary to complete the facade finishing, electrical work, interior finishing and landscaping. It is estimated that 60% of the construction is completed. The construction deadline is July / August 2022. The fixed interest rate is 12% p.a. There are no periodical interest payments. The investment period is 31.12.2022 (up to 8 months). The Sponsor has the right to extend the loan period for 3 month with the interest rate of 13.5% per annum for the extension period. Residential area of thee house is 17.,7 m2. According to the appraisal report, the market value of the completed house is 426,000 euros and the current value (at about 60% readiness) is 278,000 euros. The ratio of the loan principal to the market value of the collateral (LTV) after the first funding round is 58%. LTV is up to 69% at the end of construction. The loan is secured by a first-rank mortgage on Raiheina St. 35 property.Loan will be repaid from the sales revenue of Raiheina St. 35 private house.

Real estate investment opportunity in Estonia for property development offering 10% annual interest rate.

Investment opportunity | Paevälja 16, Viimsi

Our new project offers an opportunity to finance the purchase and construction of Raiheina St. 35 single family house development. The property is located in on the border of Viimsi municipality and the city of Maardu, approx. 14 km (20 - 25 minutes drive by car) from Tallinn. There are mostly private houses in the direct neighborhood.  Investors will be offered an opportunity to finance the purchase of the property and further construction in total amount of 260,000 euros. In the current first round the Sponsor is looking for 160,000 euros to finance the purchase of Raiheina St. 35 property. Funds from subsequent rounds will be used to finance the completion of construction in the amount of up to 100,000 euros. Construction is underway - the house box has been erected and insulated, doors and windows have been installed. It is necessary to complete the facade finishing, electrical work, interior finishing and landscaping. It is estimated that 60% of the construction is completed. The construction deadline is July / August 2022. The fixed interest rate is 12% p.a. There are no periodical interest payments. The investment period is 31.12.2022 (up to 8 months). The Sponsor has the right to extend the loan period for 3 month with the interest rate of 13.5% per annum for the extension period. Residential area of thee house is 17.,7 m2. According to the appraisal report, the market value of the completed house is 426,000 euros and the current value (at about 60% readiness) is 278,000 euros. The ratio of the loan principal to the market value of the collateral (LTV) after the first funding round is 58%. LTV is up to 69% at the end of construction. The loan is secured by a first-rank mortgage on Raiheina St. 35 property.Loan will be repaid from the sales revenue of Raiheina St. 35 private house.

Investment opportunity | Raiheina tee 35

Meie uus projekt pakub võimalust finantseerida ühepereelamu ostu ja ehitust asukohaga Raiheina tee 35, Maardu linn. Kinnistu asub Tallinna kesklinnast u. 14 km (20 - 25 minutilise autosõidu) kaugusel, Viimsi valla ja Maardu linna piiril. Ümbruskonnas asuvad valdavalt ühepereelamud. Investoritele pakutakse mitme rahastamisvooruga võimalust rahastada ühepereelamu ostu ja ehitust kogusummas 260 000 eurot. Käesoleva esimese rahastamisvooruga finantseeritakse ostu mahus 160 000 eurot. Järgnevate voorudega finantseeritakse ehitusaktide põhiselt lõpuniehitamist mahus kuni 100 000 eurot. Ehitus käib - majakarp on püsti ja soojustatud ning avatäited paigaldatud. Lõpuni on vaja viia fassaadi viimistlus, elektritööd, siseviimistlus, piirded ja haljastus. Hinnanguliselt on ehitusest 60% valmis. Ehituse tähtaeg on 2022 aasta juuli/august.Fikseeritud intressimäär on 12% aastas. Intress makstakse ühekordse maksena perioodi lõpus või valmisehitatud maja müümisel. Investeerimisperiood on kuni 31.12.2022 (u. 8 kuud). Sponsoril on õigus perioodi pikendada üks kord 3 kuu võrra. Pikendusperioodi intress 13,5% aastas.  Ühepereelamu suurus on 174,7 m2. Hindamisakti kohaselt on valmiskujul on maja turuväärtus 426 000 eurot ja hetkeväärtus (u. 60%-lise ehitusvalmiduse juures) 278 000 eurot. Investorite laenu põhiosa suhe tagatisvara turuväärtusesse (LTV) on esimese laenuosa väljastamisel 58%. LTV on ehituse lõpus kuni 69%.Laen on tagatud esimese järjekoha hüpoteegiga Raiheina tee 35 kinnistule.Laen tagastatakse valmisehitatud eramu müügitulust.

Real estate investment opportunity in Estonia for property development offering 12% annual interest rate.

Rahastuseesmärk:	€ 160000
Oodatav tootlus:	12 % aastas
Investeerimisperiood:	7 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Raiheina tee 35, Maardu (I)

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