The Project, located at Agenskalna street 24 in Riga, Latvia, will consist of the acquisiiton of land plot and the construction of a residential building in the highly valued <a href="https://en.wikipedia.org/wiki/%C4%80genskalns" target="">Agenskalns</a> neighborhood. Crowdestate AGEN24 Ltd, a Special Purpose Vehicle (SPV) established for the execution of the current Project (hereinafter: Sponsor) is raising 500,000 euros as the Project's equity (53%) via Crowdestate's real estate crowdfunding platform. The remaining equity (47%) is booked for the professional developer. Project's net profit will be distributed to the investors proportionally to their equity stake in the form of Variable Interest.Crowdestate has partnered up with <a href="https://www.hepsor.ee/et/" target="">Hepsor OÜ</a> as an advisor, and <a href="https://www.mittperlebach.ee/en/" target="">Mitt &amp; Perlebach OÜ</a> as a potential main contractor, to ensure the successful execution of the Project. The expected duration of the Project is 30 months and the expected return on invested capital (IRR) is 20,8% per annum.

Equity investment into residential real estate development in Agenskalns district in Riga, Latvia.

Agenskalna 24 residential development

Riias, Agenskalna 24 aadressil asuva Projekti puhul on tegemist kinnistu omandamise ja sellele korterelamu rajamisega. Projekt asub suure nõudlusega kaunis <a href="https://en.wikipedia.org/wiki/%C4%80genskalns" target="">Angelskans'i </a>piirkonnas.Crowdestate’i poolt selle Projekti elluviimiseks asutatud Crowdestate AGEN24 OÜ (edaspidi “Sponsor”) koondab 500 000 euro suuruses summas rahastajate kapitali, mis on 53% Projekti elluviimiseks vajalikust omakapitalist. Ülejäänud osa omakapitalist investeerib Projekti kaasatav professionaalne arendaja. Projektist teenitav kasum jaotatakse proportsionaalselt Projekti rahastavate investorite vahel.Projekti eduka valmimise tagamiseks on Crowdestate valinud nõustajaks <a href="https://www.hepsor.ee/et/" target="">Hepsor OÜ</a> ja potentsiaalseks peatöövõtjaks <a href="https://www.mittperlebach.ee/en/" target="">Mitt &amp; Perlebach OÜ</a>. Mõlemal eelpoolmainitud ettevõttel on elamute arendamisel ja ehitamisel põhjalik ja pikaajaline töökogemus Eesti turul. Investeerimisvõimaluse eeldatav pikkus on umbes 30 kuud ning oodatav tootlus baasstsenaariumi kohaselt 20.8% aasta baasil (IRR).

Проект, расположенный на Agenskalna 24 в Риге, Латвия, будет включать в себя приобретение земельного участка и строительство жилого дома рядом с парком и красивым прудом в престижном районе <a href="https://en.wikipedia.org/wiki/%C4%80genskalns" target="">Агенскалнс</a>. Crowdestate AGEN24 OÜ, компания, основанная специально для выполнения данного проекта (далее: Спонсор), привлечет 500 000 евро в качестве собственного капитала Проекта (53%) через платформу Crowdestate. Оставшийся капитал будет зарезервирован для профессионального девелопера. Чистая прибыль проекта будет полностью распределена между инвесторами в виде переменной процентной ставки.К проекту привлечены Hepsor OÜ в качестве консультанта и Mitt &amp; Perlebach OÜ в качестве потенциального генерального подрядчика. Ожидаемая продолжительность проекта - 30 месяцев, и ожидаемая доходность инвестированного капитала (IRR) составит 20.8% годовых.

Funding goal:	€ 500000
Expected return:	20.81 % p.a
Investment term:	55 months
Risk category:	C Risk assessment model
LTV:	Low risk %
Capital stack:	Equity

Āgenskalna iela 24, Rīga

Exited crowdfunding offer