The purpose of this current investment opportunity is to finance a terraced house project at Ristiku tn 1, Pukamäe municipality, Kohila parish, Rapla country, Estonia. The project is located 30 min away by car from the Tallinn city centre and close to Kohila town with developed infrastructure. Investors will be offered an opportunity to finance the construction of row-house with five apartments in total amount of EUR 250,000 with two investment rounds. The amount of the second round is EUR 120,000. Construction is in progress - the facade work is nearing completion, heating and ventilation systems have been installed, tiling and parquet installation is nearing completion, plastering of walls and ceilings is being completed. Landscaping and installation of stone paving will take place approx. within 2 months. The construction deadline is July 2022. All five apartments have been sold with notarised pre-sale agreements.The fixed interest rate is 10% p.a. There are no periodical interest payments. The investment period is up to 4 months with 1 month extension opportunity with an interest rate of 11% p.a. for the extension period. Apartment average size is 81 m2 (5 apartments). The average apartment price is EUR 126,800. The loan is secured by a first-rank mortgage on residential land plot at Ristiku tn 1, Pukamäe municipality, Kohila parish, Rapla county.According to the land plot sales agreement and completed construction works, the current value of all five apartments at Ristiku tn 1 is 434,900 euros. According to that, the ratio of the current liabilities and collateral value (LTV) is 57%.

Real estate investment opportunity in Estonia for property development offering 10% annual interest rate.

Investment opportunity | Ristiku tn 1, Kohila

The purpose of this current investment opportunity is to finance a terraced house project at Ristiku tn 1, Pukamäe municipality, Kohila parish, Rapla country, Estonia. The project is located 30 min away by car from the Tallinn city centre and close to Kohila town with developed infrastructure. Investors will be offered an opportunity to finance the construction of row-house with five apartments in total amount of EUR 250,000 with two investment rounds. The amount of the second round is EUR 120,000. Construction is in progress - the facade work is nearing completion, heating and ventilation systems have been installed, tiling and parquet installation is nearing completion, plastering of walls and ceilings is being completed. Landscaping and installation of stone paving will take place approx. within 2 months. The construction deadline is July 2022. All five apartments have been sold with notarised pre-sale agreements.The fixed interest rate is 10% p.a. There are no periodical interest payments. The investment period is up to 4 months with 1 month extension opportunity with an interest rate of 11% p.a. for the extension period. Apartment average size is 81 m2 (5 apartments). The average apartment price is EUR 126,800. The loan is secured by a first-rank mortgage on residential land plot at Ristiku tn 1, Pukamäe municipality, Kohila parish, Rapla county.According to the land plot sales agreement and completed construction works, the current value of all five apartments at Ristiku tn 1 is 434,900 euros. According to that, the ratio of the current liabilities and collateral value (LTV) is 57%.

Investment opportunity | Ristiku tn 1, Pukamäe, Kohila

Antud investeerimisvõimaluse eesmärk on finantseerida ridaelamu projekti aadressil Ristiku tn 1, Pukamäe vald, Kohila vald, Rapla maakond, Eesti. Projekt asub 30 minutilise autosõidu kaugusel Tallinna kesklinnast ja on arenenud infrastruktuuriga Kohila linna lähedal. Investoritele pakutakse kahe rahastamisvooruga võimalust rahastada nelja korteriga ridaelamu ehitamist kogusummas 250 000 eurot. Praeguse teise rahastamisvooru maht on 120 000 eurot. Ehitus on lõppjärgus - fassaaditööd on lõpetamisel, paigaldatud on kütte- ja ventilatsioonisüsteemid, sisetöödest on lõpetamisel plaatimistööd, parketi paigaldus, seinte ja lagede pahteldamised. Kivisillutise paigaldus ja haljastus toimuvad u. 2 kuu jooksul. Ehituse tähtaeg on juuli 2022.  Kõigi viie korteri võlaõiguslikud müügilepingud on sõlmitud.Fikseeritud intressimäär on 10% aastas. Perioodilisi intressimakseid ei toimu. Investeerimisperiood on kuni 4 kuud koos 1-kuulise pikendusvõimalusega (intressimääraga 11% aastas pikendamise ajaks).Korterite keskmine suurus on 81 m2. Korteri keskmine hind on 126 800 eurot.Laen on tagatud 1. järjekoha hüpoteegiga elamumaale aadressil Ristiku tn 1, Pukamäe vald, Kohila vald, Rapla maakond.Kinnistu hinna ja tehtud ehitustööde kohaselt on Ristiku tn 1 asuvate ridaelamukorterite praegune koguväärtus kokku 434 900 eurot. Selle kohaselt on investorite laenude põhiosa ja tagatisvara väärtuse suhe (LTV) 57%.

Funding goal:	€ 120000
Expected return:	10.4 % p.a
Investment term:	4 months
Risk category:	B Risk assessment model
LTV:	Low risk %
Capital stack:	Secured loan

Ristiku 1, Pukamäe (II)

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