The purpose of the current investment opportunity is to finance a terraced house project with 9 apartments at Rae põik 6, Rae municipality, Harju country, Estonia. While the project is located just outside the Tallinn (capital of Estonia) city limits, it is 10 km away from Tallinn city centre.The Sponsor, Väike-Rae Arenduse OÜ, intends to raise EUR 205,000 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 6 and refinancing existing liabilities of the development. The source of loan repayment is sale of completed apartments or refinancing through bank loan. The purpose of the current investment opportunity is to continue financing a terraced house project with 9 apartments at Rae põik 6, Rae municipality, Harju country, Estonia. While the project is located just outside the Tallinn (capital of Estonia) city limits, it is 10 km away from Tallinn city centre.The Sponsor, Väike-Rae Arenduse OÜ, intends to raise EUR 181,000 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 6. The source of loan repayment is sale of completed apartments or refinancing through bank loan. 6 pre-sale agreements has been already signed.The construction of the Rae põik 6 terraced house project started in September 2020. The deadline for the completion of the project is Spring 2021.Loan term is scheduled up to 12 months. The investment earns a fixed interest rate at 11% p.a. There is no periodic interest payments.The loan is secured by a first rank mortgage on 3 residential land plots of Rae põik 6, Rae põik 8 and Rae põik 10 with valid construction permit of identical row houses. Total current value of the collateral is EUR 801,000 (evaluation report EUR 739,000 and done construction works confirmed by construction supervision act eur 62,000). According to that, the ratio of total amount of liabilities and collateral value (LTV) is 48,2%.

Real estate investment opportunity in Estonia for property development offering 11.00% annual interest rate.

Investment opportunity | Rae põik 6, Rae vald, Harju parish

The purpose of the current investment opportunity is to continue financing a terraced house project with 9 apartments at Rae põik 6, Rae municipality, Harju country, Estonia. While the project is located just outside the Tallinn (capital of Estonia) city limits, it is 10 km away from Tallinn city centre.The Sponsor, Väike-Rae Arenduse OÜ, intends to raise EUR 181,000 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 6. The source of loan repayment is sale of completed apartments or refinancing through bank loan. 6 pre-sale agreements has been already signed.The construction of the Rae põik 6 terraced house project started in September 2020. The deadline for the completion of the project is Spring 2021.Loan term is scheduled up to 12 months. The investment earns a fixed interest rate at 11% p.a. There is no periodic interest payments.The loan is secured by a first rank mortgage on 3 residential land plots of Rae põik 6, Rae põik 8 and Rae põik 10 with valid construction permit of identical row houses. Total current value of the collateral is EUR 801,000 (evaluation report EUR 739,000 and done construction works confirmed by construction supervision act eur 62,000). According to that, the ratio of total amount of liabilities and collateral value (LTV) is 48,2%.

Real estate investment opportunity in Estonia for property development offering 11% annual interest rate.

Investment opportunity | Rae põik 6, Rae parish, Harju country

TThe purpose of the current investment opportunity is to continue financing a terraced house project with 9 apartments at Rae põik 6, Rae municipality, Harju country, Estonia. While the project is located just outside the Tallinn (capital of Estonia) city limits, it is 10 km away from Tallinn city centre.The Sponsor, Väike-Rae Arenduse OÜ, intends to raise EUR 181,000 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 6. The source of loan repayment is sale of completed apartments or refinancing through bank loan. 6 pre-sale agreements has been already signed.The construction of the Rae põik 6 terraced house project started in September 2020. The deadline for the completion of the project is Spring 2021.Loan term is scheduled up to 12 months. The investment earns a fixed interest rate at 11% p.a. There is no periodic interest payments.The loan is secured by a first rank mortgage on 3 residential land plots of Rae põik 6, Rae põik 8 and Rae põik 10 with valid construction permit of identical row houses. Total current value of the collateral is EUR 801,000 (evaluation report EUR 739,000 and done construction works confirmed by construction supervision act eur 62,000). According to that, the ratio of total amount of liabilities and collateral value (LTV) is 48,2%.

Käesolevaks investeerimisvõimaluseks on 9 korteriga ridaelamuarenduse finantseerimine. Arendus asub Tallinna piiril, Rae vallas, aadressil Rae põik 6, Rae küla. Projekti Sponsor, Väike-Rae Arenduse OÜ soovib Crowdestate’i investoritelt kaasata 181,000 eurot, mida kasutatakse Rae põik 6 projekti ehitustegevuse finatseerimiseks. Laenu tagastamise allikaks on valminud korterite müük või refinantseerimine läbi pangalaenu. Rae põik 6 ridaelamu projekti ehitamine algas 2020. aasta septembris. Projekti valmimise tähtaeg kevad 2021.a.Laenuperioodiks on 12 kuud. Fikseeritud intressimääraks 11% aasta baasil. Perioodilisi intressimakseid ei tehta.Laen on tagatud 1. järjekoha hüpoteekidega 3-le arenduskinnistutele aadressil Rae põik 6, 8, 10, Rae küla. Igal kinnistul on kehtiv ehitusluba identse ridaelamu projektile.Tagatisvara praeguseks kehtiva väärtuseks on 801,000 eurot (739,000 kolme kinnistu väärtus kokku ja EUR 62,000 teostatud tööde maksumus, mis on kinnitatud omanikujärelevalve poolt). Vastavalt sellele moodustab laenukohustuste summa vara väärtusest (LTV) 48,2%.

<div style="color: rgb(80, 0, 80);background-color: rgb(255, 255, 255);"></div><div style="color: rgb(34, 34, 34);background-color: rgb(255, 255, 255);">L'obiettivo di questa tranche di raccolta è di proseguire il finanziamento della costruzione del complesso residenziale presso Rae põik 6, sito ad Harju, a soli 10 chilometri dal centro della Capitale estone, Tallinn.</div>La Società Sponsor, Väike-Rae Arenduse OÜ, mira a raccogliere 181 000 €, utili per finanziare i costi di costruzione delle villette a schiera. Il ripagamento avverrà grazie alla vendita dei primi appartamenti o tramite il rifinanziamento bancario. Sono già stati firmati 6 preliminari di acquisto. La costruzione del complesso residenziale Rae põik 6 è cominciata a Settembre 2020. La conclusione dei lavori è prevista per la fine della primavera 2021.Durata del prestito fino a 12 mesi. L'investimento offre un tasso di interesse pari al 11% annuo. Non sono previsti pagamenti trimestrali.Il prestito è garantito da un'ipoteca di primo grado su tre lotti di terreno a Rae põik 6, 8 e 10 con un permesso di costruire valido.Il valore attuale della garanzia è equivalente a 801,000 €. In base a ciò, la percentuale tra l'ammontare prestato e il valore delle garanzie (LTV) si attesta al 48,2%.

The purpose of the current investment opportunity is to continue financing a terraced house project with 9 apartments at Rae põik 6, Rae municipality, Harju country, Estonia. While the project is located just outside the Tallinn (capital of Estonia) city limits, it is 10 km away from Tallinn city centre.The Sponsor, Väike-Rae Arenduse OÜ, intends to raise EUR 181,000 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 6. The source of loan repayment is sale of completed apartments or refinancing through bank loan. 6 pre-sale agreements has been already signed.The construction of the Rae põik 6 terraced house project started in September 2020. The deadline for the completion of the project is Spring 2021.Loan term is scheduled up to 12 months. The investment earns a fixed interest rate at 11% p.a. There is no periodic interest payments.The loan is secured by a first rank mortgage on 3 residential land plots of Rae põik 6, Rae põik 8 and Rae põik 10 with valid construction permit of identical row houses. Total current value of the collateral is EUR 801,000 (evaluation report EUR 739,000 and done construction works confirmed by construction supervision act eur 62,000). According to that, the ratio of total amount of liabilities and collateral value (LTV) is 48,2%.

The purpose of the current investment opportunity is to finance a terraced house project with 9 apartments at Rae põik 6, Rae municipality, Harju country, Estonia. While the project is located just outside the Tallinn (capital of Estonia) city limits, it is 10 km away from Tallinn city centre.The Sponsor, Väike-Rae Arenduse OÜ, intends to raise EUR 205,000 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 6 and refinancing existing liabilities of the development. The source of loan repayment is sale of completed apartments or refinancing through bank loan. The purpose of the current investment opportunity is to continue financing a terraced house project with 9 apartments at Rae põik 6, Rae municipality, Harju country, Estonia. While the project is located just outside the Tallinn (capital of Estonia) city limits, it is 10 km away from Tallinn city centre.The Sponsor, Väike-Rae Arenduse OÜ, intends to raise EUR 181,000 from Crowdestate investors, which will be used for financing the construction costs at Rae põik 6. The source of loan repayment is sale of completed apartments or refinancing through bank loan. 6 pre-sale agreements has been already signed.The construction of the Rae põik 6 terraced house project started in September 2020. The deadline for the completion of the project is Spring 2021.Loan term is scheduled up to 12 months. The investment earns a fixed interest rate at 11% p.a. There is no periodic interest payments.The loan is secured by a first rank mortgage on 3 residential land plots of Rae põik 6, Rae põik 8 and Rae põik 10 with valid construction permit of identical row houses. Total current value of the collateral is EUR 801,000 (evaluation report EUR 739,000 and done construction works confirmed by construction supervision act eur 62,000). According to that, the ratio of total amount of liabilities and collateral value (LTV) is 48,2%.

Funding goal:	€ 181000
Expected return:	11 % p.a
Investment term:	8 months
Risk category:	B Risk assessment model
LTV:	Low risk %
Capital stack:	Secured loan

Rae põik 6, Rae (II)

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