CROWD estate is started prebooking period for “Aeru 9/11, Tartu 51017 (III)” opportunity. During this period you can make one investment in the preferred amount. The final investment amount will be determined by the number of prebooking investors.
If the opportunity is not fully funded during this period, the opportunity will open on 27.04.2019 11:00 EEST for investments.
Sponsor: Westwood Invest OÜ
- Enn Mullamaa
- Jaak Sarapuu
- Highly valued and exclusive location
- Additionally to first lien mortgage, loans are secured by personal assurance
- Quarterly interest payments
- Short, up to 8 month investment period
- Internal rate of return (IRR) 11,40%
- 60% of the development is completed
- Significant equity contribution by Sponsor
- Risk exposure of the project is EUR 536 per square meter
- 33% of apartments are sold or booked
Total investment amount available for Crowdestate’s investors is 170000 €.
Investment horizon is 8 months.
Expected annual return is 11.4%.