With this project, Sponsor aims to raise funds to complete the purchase of an apartment building in Porto city center. The acquisition is secured by a signed Promissory Sale and Purchase Agreement where the Sponsor advanced 100 000 Euros. To finish the purchase, the Sponsor needs to pay an additional 85 000 Euros, the maximal goal of this tranche.The loan will be secured by a 1st rank mortgage on the development project real estate. As per the attached appraisal, this collateral property, as is, has a market value of 331 922 Euros. However, we will consider the purchasing price for the LTV calculation despite this market value. Therefore, if we use only 85 000 Euros over the purchase price, the LTV for this tranche is 46%. Still, because it is Crowdestate intention to finance additional 185 000 Euros for the reconstruction in future tranches, we are going to consider the maximum LTV for this opportunity as 73%. This is a short-term investment opportunity. The principal and interest payment will be made as a bullet payment at the end of the 12-month loan period or earlier following the sales of the apartments. The reconstruction process is ongoing, and about 30% of the entire process is finished.The interest rate of the loan is 10% per annum.The loan period is 12 months, with a Sponsor's option to extend the loan period by 6 months with the obligation to increase the interest rate by 2% for the extended period.The loan repayment will happen with the sale of the apartments or the Sponsor's operating revenues.

Real estate investing opportunity in Portugal for property development offering 10% annual interest rate.

Investing in real estate opportunity | Travessa da Figueirôa, in Porto, Portugal

With this project, Sponsor aims to raise funds to complete the purchase of a real estate apartment building in Porto city center. The acquisition is secured by a signed Promissory Sale and Purchase Agreement where the Sponsor advanced 100 000 Euros. To finish the purchase, the Sponsor needs to pay an additional 85 000 Euros, the maximal goal of this tranche.The loan will be secured by a 1st rank mortgage on the development project real estate. As per the attached appraisal, this collateral property, as is, has a market value of 331 922 Euros. However, we will consider the purchasing price for the LTV calculation despite this market value. Therefore, if we use only 85 000 Euros over the purchase price, the LTV for this tranche is 46%. Still, because it is Crowdestate intention to finance additional 185 000 Euros for the reconstruction in future tranches, we are going to consider the maximum LTV for this opportunity as 73%. This is a short-term investment opportunity. The principal and interest payment will be made as a bullet payment at the end of the 12-month loan period or earlier following the sales of the apartments. The reconstruction process is ongoing, and about 30% of the entire process is finished.The interest rate of the loan is 10% per annum.The loan period is 12 months, with a Sponsor's option to extend the loan period by 6 months with the obligation to increase the interest rate by 2% for the extended period.The loan repayment will happen with the sale of the apartments or the Sponsor's operating revenues.

Käesoleva investeerimisvõimaluse eesmärgiks on rahastada Portugalis, Porto kesklinnas asuva korterelamu omandamist. Sponsor on ostuks sõlminud võlaõigusliku lepingu ning sooritanud esimese osamakse summas EUR 100,000. Tehingu lõpule viimiseks soovib Sponsor kaasata EUR 85,000.Laen on tagatud 1. järjekoha hüpoteegiga omandatavale kinnistule. Vastavalt lisatud hindamisaktile on kinnistu praeguseks väärtuseks EUR 331,922, mis on oluliselt kõrgem, kui kinnistu omandamise tehingu väärtus. Hoolimata sellest kasutame LTV arvutamisel ostutehingu väärtust. Sellisel viisil moodustub käesoleva rahastusvooru LTVks 46%. Kuivõrd Sponsor kavatseb kaasata lisaks käesolevale rahastusvoorule EUR 185,000 rekonstrueerimise rahastamiseks, moodustub maksimaalseks LTVks 73%.Ehitustööd on juba alanud, ehitusjärguks on hinnanguliselt 30%.Tegemist on lühiajalise investeerimisvõimalusega. Laenu tähtajaks on 12 kuud, kusjuures Sponsoril on ühepoolne õigus lepingut ühel korral pikendada kuni 6 kuu pikkuseks perioodiks, makstes pikendusperioodi vältelt 2% võrra kõrgemat intressi.Fikseeritud intressimääraks on 10% aasta baasil. Perioodilisi intressimakseid ei tehta.Laenu tagastamise allikaks on rekonstrueeritavate korterite müük või Sponsori muud äritulud.

Võimalus investeerida kinnisvarasse Portugalis kinnisvara arendamiseks, pakkudes 10% aastaintressi.

Võimalus investeerida kinnisvarasse | Travessa da Figueirôa, Portos, Portugal

Rahastuseesmärk:	€ 85000
Oodatav tootlus:	10 % aastas
Investeerimisperiood:	18 kuud
Riskikategooria:	A Riskihindamise mudel
LTV:	Madal risk %
Capital stack:	Tagatud laen

Travessa da Figueirôa, Porto (I)

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