General Information

  • IRR%: 15
  • CoC%: -
  • Minimum: 100 EUR
  • Type: Unsecured debt
  • Asset: Residential
  • Investors: 422
  • Start Date: 2019-01-18
  • End Date: 2018-09-30
  • Target: 750k EUR
  • Completed: 100%

Additional Information

  • Briežu iela 7a, Rīga, LV-1034
  • Latvia

The construction of Briezu 7A apartment building started at the peak of the real-estate boom in 2006. 2008 market crash stopped the construction activities and eventually the project changed ownership. The Sponsor acquired this development project from Swedbank’s Latvia real-estate unit 3 years ago. Crowdestate investors have the opportunity to fund the construction of this building in the amount of 750 000 EUR.

The investment term of the project is up to 24 months with the expected interest rate of 15% per annum.

Project offered by

Crowdestate

Real estate crowdfunding marketplace, with a historical yield of 21.88%. No fees. Minimum investment 100€. Sign up and invest

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