General Information

  • IRR%: 13
  • CoC%: -
  • Minimum: 100 EUR
  • Type: Secured debt
  • Asset: Residential
  • Investors: 244
  • Start Date: 2019-01-18
  • End Date: 2019-07-31
  • Target: 70k EUR
  • Completed: 100%

Additional Information

  • Tamme 2-8, 76901 Tabasalu
  • Estonia

The project at Tammelehe street (Tabasalu, Harku county, Harjumaa) includes 3 separate land plots that have received a building permit to develop a row house with 6 apartments and to develop Tammelehe street (the street, communications, lighting). The Sponsor of the Project, Rolegur OÜ, plans to complete the street and the first rowhouse simultaneously with the completion date by the end of  2018.

This investment opportunity offers the possibility to fund the development of a row house located at Tammelehe 2, Estonia in the total amount of EUR 690,000. The development is financed in tranches according to the invoices submitted by the main contractor. With each new funding round, the value of the underlying asset will increase until the row house is finished.

The third funding round of the development requires funding in the amount of EUR 160,000.  The loan is secured by a first rank mortgage and is paying a 13.0% interest rate 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

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