• Significant equity share: The developer has invested a substantial amount of own funds into the project – 197 900 EUR, which represents 53% of all project costs.
• Experienced developer: The developer is a construction company operating on the market for more than 19 years, successfully implementing various new construction and renovation projects with a total developed area exceeding 6 400 m², mostly focusing on small-scale works.
• Liquidity: The pledged asset is a fully completed (100% readiness), fully fitted property located in one of the most attractive seaside locations in Estonia – Pärnu. The asset does not require additional investment and can therefore be realised more quickly on the market.

Interest rates based on the investment amount:
– From 100 EUR to 299 EUR – 7.50%
– From 300 EUR to 599 EUR – 7.75%
– From 600 EUR to 1 999 EUR – 8.00%
– From 2 000 EUR to 4 999 EUR – 8.25%
– From 5 000 EUR – 8.50%
Important: separate investments are not added together and cannot be combined.

About the Project:
The project owner intends to refinance an existing obligation on the PROFITUS platform. The need for refinancing arose because the project owner did not manage to sell the property before the loan maturity date.

The pledged asset consists of two fully completed semi-detached houses, with a total area of 333.6 m², located in Pärnu, Estonia, at Kalda tee 11. The project is situated in one of Estonia’s most attractive seaside cities – Pärnu, located about 130 km south of Tallinn and widely known as a resort destination. As a result, the city remains attractive not only for permanent living but also for leisure and rental activity, with a steady flow of tourists throughout the year.

The location at Kalda tee 11 is in a convenient, family-friendly part of the city: a calmer environment, more greenery, good accessibility, essential services nearby, and a comfortable distance to the city centre and key attractions.

The developer has invested a significant amount of own funds into the project – 197 900 EUR, which represents 53% of all project costs.

Loan information:
The loan will be repaid from the property sale proceeds, which are expected to reach 550 000 EUR for both properties, or, if needed, by refinancing with another financial institution. Interest will be paid from the company’s operating income.

The amount being raised for refinancing – 181,500 EUR (Already raised: 95,000 EUR).

We plan to raise the required amount within 7 days, with the possibility to extend up to 30 days if the target is not met.