General Information

  • IRR%: 22
  • CoC%: -
  • Minimum: 100 EUR
  • Type: Equity
  • Asset: Residential
  • Investors: 714
  • Start Date: 2019-01-18
  • End Date: 2020-08-31
  • Target: 850k EUR
  • Completed: 100%

Additional Information

  • Lepa tee 1, 74201 Loo, Harjumaa
  • Estonia

With this project, Crowdestate investors have the opportunity to finance a real estate development project located in the outskirts of Tallinn, Jõelähtme parish, Loo village. The total project comprises a development of up to 7 apartment houses with total sales volume of 280 units. The Stage I of the current development foresees completion of 3 apartment houses (120 apartments) together with the erection of roads and communications for the remaining 4 houses, possibly to be sold as is to a development organisation with internal construction capacity.

The total planned timespan of the project is 30 months, of which the initial repayments are foreseen in 24 months (principal investment plus preferred interest) and final profit distribution at the final realisation of the development project. 

The planned preferred interest rate in favour of Crowdestate investors totals 15% p.a., together with the share from the remaining profits, the time-weighted, expected return on investment (IRR) is 22% p.a.

Project offered by

Crowdestate

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

Would you like to add this platform to your list?

Please Log In first

Don't have an account yet?

Sign up & enjoy all the services BrickFunding provides
Register