• Liquidity: The developed property is liquid and is located in a strategically convenient place, in a peaceful natural setting near the city of Tartu, which was chosen as the European Capital of Culture in 2024.
• Experienced developer: The project owner is highly experienced in Tartu. Previously, they have built five apartment buildings with infrastructure in the same area, and these buildings have been successfully completed, with usage permits issued.
• Suretyship: An additional suretyship for the entire loan amount is provided by a shareholder of the company.

Interest by investment amount:
– From EUR 100 to EUR 299 – 9.70%
– From EUR 300 to EUR 699 – 10.20%
– From EUR 700 to EUR 1 999 – 10.70%
– From EUR 2 000 to EUR 4 999 – 11.20%
– From EUR 5 000 – 11.70%
Important: investments made separately are not aggregated and cannot be pooled.

About the Project:
The project involves the construction of two, energy class A apartment buildings in Tartu, Estonia: Looga street 13. The apartment building at Looga street 13 will have 6 apartments that will be fully finished. The estimated selling price for the apartments is EUR 2,950 per m². Each apartment will include one storage room and two parking spaces. The apartments will be sold upon completion of construction.

Loan Information:
This loan will be repaid from the proceeds of the sale of the mortgaged property. Interest to investors will be paid from the operating income of the project owner.

Maximum funding amount: 685,400 EUR. The project is financed according to the current valuation of the mortgaged property until it reaches the established maximum loan-to-value (LTV) ratio. Upon reaching the maximum LTV, a new property valuation will have to be carried out, and further stages of project financing will be announced and collected only if the established maximum LTV is not exceeded.

We plan to raise the amount within 7 days, with the option of extending it to 30 days if we do not raise funds.