This project provides Crowdestate investors with an opportunity to invest in development of row house development project in Tartu, Klaose st. 12 and Klaose st. 14, located in exclusive Kvissental precinct.Kvissental is highly valued and private neighbourhood quite next to River Emajõgi on the northern border of Tartu, the second largest city in Estonia.As the result of this project, two row houses with six apartments in each will be built and sold. The Sponsor of the project is established construction entrepreneur who functions also as main contractor in this project. The Sponsor is currently developing neighbouring properties at <a href="https://www.kvissentalimajad.ee/" target="" style="background-color: transparent;color: rgb(73, 131, 195);">Aeru st. 9 and Aeru st. 11</a>, building two row houses identical with Klaose st. row houses. Also this project was <a href="https://crowdestate.eu/opportunity/Aeru-9-Tartu" target="" style="background-color: transparent;color: rgb(73, 131, 195);">funded by Crowdestate investors</a>. Aeru development will be completed in June 2019. About 50% of Aeru st. row houses are sold, validating pricing and product also for current, Klaose st. development.Crowdestate investors have an opportunity to finance the construction of Klaose st. 12 and Klaose st 14 in the amount of EUR 760,000 in total. The first funding round has an objective to raise EUR 250,000. The loans are secured by first rank mortgage on the Klaose st. 12 and Klaose st. 14 properties.The loan term is 15 months.The interest rate for this funding round will be determined as a result of interest auction. Crowdestate’s investors will be bidding for the winning interest rate throughout the funding campaign and only investors with the lowest interest rate bids can participate in funding the loan. The winning investors and the final loan interest rate are determined upon the completion of the funding campaign. Auction is open until 12.00, June 2, 2019. Maximum interest rate for this funding round is 11% per annum. Please read more about the interest auction in our <a href="https://blog.crowdestate.eu/en/2019/interest-auction/" target="" style="background-color: transparent;color: rgb(73, 131, 195);">blog post</a>.There would be no periodical interest payments. The loan will be returned and outstanding interest will be paid out according to sales as 100% of sales revenues will be transferred to payouts to investors, but not later than expiry date.

Invest in a real estate development in Estonia

Investment opportunity in Tartu, Estonia

This project provides Crowdestate investors with an opportunity to invest in development of row house development project in Tartu, Klaose st. 12 and Klaose st. 14, located in exclusive Kvissental precinct.Kvissental is highly valued and private neighbourhood quite next to River Emajõgi on the northern border of Tartu, the second largest city in Estonia.As the result of this project, two row houses with six apartments in each will be built and sold. The Sponsor of the project is established construction entrepreneur who functions also as main contractor in this project. The Sponsor is currently developing neighbouring properties at <a href="https://www.kvissentalimajad.ee/" target="">Aeru st. 9 and Aeru st. 11</a>, building two row houses identical with Klaose st. row houses. Also this project was <a href="https://crowdestate.eu/opportunity/Aeru-9-Tartu" target="">funded by Crowdestate investors</a>. Aeru development will be completed in June 2019. About 50% of Aeru st. row houses are sold, validating pricing and product also for current, Klaose st. development.Crowdestate investors have an opportunity to finance the construction of Klaose st. 12 and Klaose st 14 in the amount of EUR 760,000 in total. The first funding round has an objective to raise EUR 250,000. The loans are secured by first rank mortgage on the Klaose st. 12 and Klaose st. 14 properties.The loan term is 15 months. The interest rate for this funding round will be determined as a result of interest auction. Crowdestate’s investors will be bidding for the winning interest rate throughout the funding campaign and only investors with the lowest interest rate bids can participate in funding the loan. The winning investors and the final loan interest rate are determined upon the completion of the funding campaign. Auction is open until 12.00, June 2, 2019. Maximum interest rate for this funding round is 11% per annum. Please read more about the interest auction in our <a href="https://blog.crowdestate.eu/en/2019/interest-auction/" target="">blog post</a>. There would be no periodical interest payments. The loan will be returned and outstanding interest will be paid out according to sales as 100% of sales revenues will be transferred to payouts to investors, but not later than expiry date.

Käesolev projekt pakub võimalust investeerida Tartus, eksklusiivses Kvissentali elamurajoonis, aadressidel Klaose tn. 12 ja Klaose tn. 14 asuvate ridaelamute arendamisse. Kvissental on hinnatud ja privaatne piirkond, mis asub Emajõe vahetus läheduses.Antud projekti raames arendatakse korraga kahte kuue korteriga ridamaja. Sponsoriks on ehitusettevõtja, kes toimib projektis ka peatöövõtjana. Sponsor arendab kõrvalkinnistutel, aadressidel <a href="https://www.kvissentalimajad.ee/" target="">Aeru tn. 9 ja Aeru tn. 11</a> kahte sama projektiga ridamaja, mis valmivad 2019. a. juuni jooksul. Ka nende majade ehitust on finantseeritud <a href="https://crowdestate.eu/opportunity/Aeru-9-Tartu" target="">Crowdestate'i investorite kaasabil</a>. Aeru tn. ridamajadest on käesoleva projekti avaldamise ajaks müüdud ca. 50%, mis valideerib nii hinnakujunduse kui ka toote. Crowdestate’i investoritel on võimalus projekti paigutada kokku 760000 eurot, mida Sponsor kasutab ehitustegevuse finantseerimiseks. Klaose tn. 12 ja 14 kinnistud on Sponsor juba omandanud. Käesoleva, esimese rahastusvooru maht on 250000 eurot. Laen on tagatud esimese järjekoha hüpoteegiga arendatavatele kinnistutele.Laenuperioodiks on kuni 15 kuud. Rahastuskampaania intressimäär kujuneb intressioksjoni alusel. Intressioksjoni eesmärgiks on pakkuda kapitali kaasajale võimalikult madalat laenuintressi. Intressioksjon on turuplats, kus oksjonil osalevad investorid teevad rahastuskampaania ajal intressimäära osas vähempakkumisi. Rahastuskampaania lõppedes selguvad laenu lõplik intressimäär ning laenu rahastamisel osalevad investorid. Oksjonil saab pakkumisi teha kuni 2.06.2019. kell 12.00. Rahastuskampaania maksimaalseks intressimääraks on 11% aastas. Loe intressioksjoni kohta rohkem meie <a href="https://blog.crowdestate.eu/2019/intressioksjon/" target="">blogipostitusest</a>.Perioodilisi intressimakseid ei tehta. Laenusumma tagastatakse ja kogunenud intressid makstakse välja laenu tähtajal või korterite müümisel.

Tutti gli investitori di Crowdestate sono invitati a valutare un'interessante opportunità: lo sviluppo di un fantastico progetto di realizzazione di villette a schiera a Tartu, Klaose st. 12 e Klaose st. 14, nell'esclusivo distretto di Kvissental. Si tratta di un quartiere privato molto rinomato, vicino al fiume Emajõgi e al confine con la seconda città più grande dell'Estonia.Le ville saranno composte da sei appartamenti ciascuno e l'obiettivo finale del progetto è riuscire a costruirle e vendere tutti i suoi appartamenti. lo sponsor del progetto è un noto imprenditore edile, che al momento sta seguendo un progetto simile nella città di <a href="https://crowdestate.eu/it/opportunity/Aeru-9-Tartu" target="">Aeru</a>. La fine del progetto di Aeru è previsto per Giugno 2019, ma al momento possiamo già affermare che il 50% delle ville a schiera è stato venduto.I nostri investitori hanno l'opportunità di finanziare il progetto in Klaose st. per 760.000 euro.Il primo obiettivo di finanziamento è quello di raccogliere circa 250.000 euro, con l'ipoteca sul progetto come garanzia. Il periodo di prestito è fino a 15 mesi. Il tasso di interesse per questa tranche di finanziamento sarà determinato tramite &#34;asta al ribasso&#34;. Gli investitori di Crowdestate potranno proporre il tasso di interesse sull'investimento al quale sono disposti ad investire. Solo gli investitori che hanno proposto il tasso più basso potranno partecipare al progetto. Il tasso di interesse del progetto verrà determinato al completamento della campagna di raccolta. La vendita all’asta è aperta fino alle ore 12:00 del 2 giugno 2019. Il tasso di interesse massimo per questa opportunità di investimento è del 11% su base annua. Scopri di più sull'asta sugli interessi, leggendo il nostro <a href="https://blog.crowdestate.eu/en/2019/interest-auction/" target="">blog</a>.Non ci saranno pagamenti periodici degli interessi.  Capitale e interessi verranno ripagati agli investitori una volta completate le vendite degli immobili, ma non più tardi della data di scadenza del prestito.

Этот проект предоставляет инвесторам Crowdestate возможность инвестировать в развитие двух рядовых домов в Тарту, ул. Клаосе 12 и Клаосе 14, расположенных в эксклюзивном районе Квиссенталь. Квиссенталь это ценящийся частный район, который находится в непосредственной близости от реки Эмайыги на северной границе Тарту, второго по величине города в Эстонии.В результате этого проекта будут построены и проданы двухрядные дома с шестью квартирами каждый. Спонсором проекта является предприниматель, который также выполняет функции основного подрядчика в этом проекте. Спонсор в настоящее время строит соседние объекты на ул. <a href="https://www.kvissentalimajad.ee/" target="">Аэру 9 и Аэру 11</a>, два рядовых дома, идентичных ул. Клаосе. Около 50% квартир в проекте Аэру продано, подтверждая тем самым ценовой диапазон и спрос на данный объект.Инвесторы Crowdestate имеют возможность финансировать строительство Клаосе 12 и Клаосе 14 в сумме 760 000 евро.В ходе первого раунда финансирования планируется привлечь 250 000 евро.Кредиты обеспечены ипотекой первого ранга на недвижимость Клаосе 12 и Клаосе 14.Срок кредита составляет 15 месяцев. Итоговая процентная ставка будет зависеть от результатов аукциона. Инвесторы Crowdestate предложившие наименьшую процентную ставку смогут инвестировать в данный проект. Победившие инвесторы и доходный процент будет определен по окончанию кампании финансирования. Тендеры могут быть размещены на аукционе до 2.06.2019. в 12:00. Максимальная процентная ставка составляет 11% годовых. Пожалуйста, прочитайте больше об аукционе, нажав на эту <a href="https://s3-eu-west-1.amazonaws.com/crowdestate-images-3/Klaose+12%2C+14%2C+Tartu/%D0%A7%D1%82%D0%BE+%D1%82%D0%B0%D0%BA%D0%BE%D0%B5+%D0%B0%D1%83%D0%BA%D1%86%D0%B8%D0%BE%D0%BD+%D0%BD%D0%B0+Crowdestate.pdf" target="">ссылку</a>.Периодических выплат процентов не будет. Кредит будет возвращен, а оставшиеся проценты будут выплачены в соответствии с продажами, так как 100% выручки от продаж будут переведены на выплаты инвесторам, но не позднее даты истечения срока.

Funding goal:	€ 250000
Expected return:	11 % p.a
Investment term:	15 months
Risk category:	C Risk assessment model
LTV:	Low risk %
Capital stack:	Secured loan

Klaose tn 12, 14, Tartu (I)

Exited crowdfunding offer