The goal for this opportunity is to finance the consolidation and reconfiguration of an old building to finalize a residential project consisting of 6 new apartments located in Brasov, 20 Lunga street, Brasov county. This GF + 2F + Attic boutique residential project will have a total built area of 528 sqm and a usable area of 432 sqm and an inner courtyard of 84 sqm together, with the share of 145 sqm from the land afferent to the building.Crowdestate investors will have the opportunity to invest in a mortgaged secured senior construction loan (for more information regarding senior debt, please check out this blog post - <a href="https://blog.crowdestate.eu/en/2020/secured-loan-definition/">https://blog.crowdestate.eu/en/2020/secured-loan-definition/</a>) in a total amount of EUR 330,000, arranged in 3 tranches, based on the progression of works and the presales. This is the 1st tranche of the investment opportunity for EUR 180,000. The source of reimbursement will be the sale of the apartments when finalized. The apartments are expected to be delivered between February 2022 - March 2022. The second possible source of reimbursement can be refinancing from one of the banks operating in Romania.  The investment tenor for this tranche is up to 12 months. The interest rate is 14,50% p.a. and it will be paid upon the selling of the objective, partially or in whole, together with the principal, but no later than the loan’s maturity.  The loan will be secured with a 1st rank mortgage on the land and existing construction. The land &amp; existing construction have been evaluated for EUR 375,000 by SVN Research &amp; Valuation Advisors, therefore the LTV for the 1st tranche is 48%.

Real estate investment opportunity in Romania for property development offering 14.50% annual interest rate.

Investment opportunity | Str. Lunga 20, Brasov, Romania

The goal for this opportunity is to finance the consolidation and reconfiguration of an old building to finalize a residential project consisting of 6 new apartments located in Brasov, 20 Lunga street, Brasov county. This GF + 2F + Attic boutique residential project will have a total built area of 528 sqm and a usable area of 432 sqm and an inner courtyard of 84 sqm together, with the share of 145 sqm from the land afferent to the building.Crowdestate investors will have the opportunity to invest in a mortgaged secured senior construction loan (for more information regarding senior debt, please check out this blog post - <a href="https://blog.crowdestate.eu/en/2020/secured-loan-definition/">https://blog.crowdestate.eu/en/2020/secured-loan-definition/</a>) in a total amount of EUR 330,000, arranged in 3 tranches, based on the progression of works and the presales. This is the 1st tranche of the investment opportunity for EUR 180,000. The source of reimbursement will be the sale of the apartments when finalized. The apartments are expected to be delivered between February 2022 - March 2022. The second possible source of reimbursement can be refinancing from one of the banks operating in Romania.  The investment tenor for this tranche is up to 12 months. The interest rate is 14.50% p.a. and it will be paid upon the selling of the objective, partially or in whole, together with the principal, but no later than the loan’s maturity.  The loan will be secured with a 1st rank mortgage on the land and existing construction. The land &amp; existing construction have been evaluated for EUR 375,000 by SVN Research &amp; Valuation Advisors, therefore the LTV for the 1st tranche is 48%.

Antud investeerimisvõimaluse eesmärgiks on Brasovis asuva vana hoone ümberehitamine 6 uue korteriga elamuks. Hoone kogupindala on 528 m2, millest kasutatav pind on 432m2 ja sisehoovi suuruseks 84m2.  Crowdestate'i investoritel on võimalus investeerida esimese järjekoha hüpoteegiga tagatud arenduslaenu kokku kogusummas 330 000 eurot. Projekti finantseerimine toimub kolme rahastusvooru kaudu, vastavalt ehitustöödele ja ettemüügile. Esimese rahastusvooru suuruseks on 180 000 eurot.Tagasimaksete allikaks on tulu korterite müügist. Korterid saavad eeldatavalt valmis 2022. aasta veebruaris või märtsis. Teiseks võimalikuks tagasimaksete allikaks on laenu refinantseerimine pangalaenuga.Antud projekti investeerimisperioodi pikkuseks on 12 kuud ja käesoleva rahastusvooru intressimäära suuruseks on 14.50% aastas. Laenu tagasimaksed toimuvad laenutähtaja lõpus. Korterite kiire ja eduka müügi puhul on võimalik ka ennetähtaegne projektist väljumine. Laen on tagatud esimese järjekoha hüpoteegiga maale ja juba olemasolevale ehitusele. SVN Research &amp; Valuation Advisors hinnangu järgi on tagatisvara väärtuseks 375 000 eurot, ehk käesoleva rahastusvooru LTV on 48%.

Obiectivul acestei oportunitati de investitie este finantarea consolidarii si reconfigurarii unei cladiri vechi în vederea finalizarii unui proiect rezidential format din 6 apartamente noi situat in Brasov, 20 Strada Lunga, Judet Brasov. Acest proiect rezidential, de tip boutique, cu regim de inaltime P+2E+Mansarda va avea o suprafata construita totala de 528 mp si o suprafata utila de 432 mp cu o curte interioara de 84 mp împreuna cu cota de 145 mp de la terenul aferent cladirii. Investitorii Crowdestate vor avea ocazia sa investeasca intr-un imprumut Senior pentru finantarea constructiei cu garantie ipotecara în valoare totala de 330,000 EUR, împartit in 3 transe pe baza progresului lucrarilor si a avansurilor încasate. Obiectivul oportunitătii actuale de investitii pentru prima transa va fi de 180,000 EUR. Sursa de rambursare va fi vanzarea apartamentelor la finalizare. Apartamentele se asteapta sa fie livrate în perioada februarie - martie 2022. A doua sursa posibila de rambursare poate fi refinantarea de la una dintre bancile care opereaza în Romania. Durata investitiei pentru acest proiect este de pana la 12 luni. Rata dobanzii este de 14,50% pe an si va fi platita la vanzarea obiectivului, partial sau integral, odata cu rambursarea principalului, dar nu mai tarziu de maturitatea imprumutului. Imprumutul va fi garantat cu ipoteca de rangul I asupra terenului si cladirii existente. Terenul si constructia existenta au fost evaluate pentru suma de 375,000 EUR de catre firma de evaluare SVN Research &amp; Valuation Advisors, prin urmare LTV-ul pentru prima transa va fi de 48%.

Rahastuseesmärk:	€ 180000
Oodatav tootlus:	14.5 % aastas
Investeerimisperiood:	8 kuud
Riskikategooria:	B Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Strada Lungă 20, Brașov (I)

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