With this investment opportunity, Crowdestate investors participate in the refinancing of a short term loan issued for the completion of the first phase of Rataskaevu 5 development.
This upcoming loan offers Crowdestate investors a short term investment opportunity with the investment term of 12 months and an annual interest rate of 12%.
The loan is secured by a 2nd lien mortgage on a prime property of Rataskaevu 5, located in the highly valued Old Town of Tallinn.
Brava Grupp OÜ, the owner and the developer of the property, seeks to raise 550,000 euros.
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