Executive SummaryLoan TermsThe loan is used to release equity capital for the sales period.The loan will be repaid from the sale of the collateral propertyThe loan is secured with a first rank mortgage.Purje Residence is a city block with a Nordic style located in the prestigious Pirita district, consisting of two three-storey apartment buildings. There are a total of 27 apartments of different sizes in the energy-efficient and carefully planned buildings which are fully constructed as of today, and among them, 19 apartments already sold. There are only 8 apartments left, 7 of which have been booked. Purje Residence, surrounded by Purje Street and Regati Street, is located in a unique area: the construction plans of the area only include a few dwellings, as the city has decided to reserve the seaside for public purposes and building projects. The main yacht centre in Tallinn, the Pirita Harbour, is 250 metres away. This city district is for people who love luxury and tasteful living environments. It is also an ideal place to live for those who love taking their launch, sailboat, or yacht out to sea.
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