Apartment building reconstruction

  • 370,500€ Funded
  • 55 Investors
57%
1
Estonia
  • 650,000€ Target
  • 9.0% Interest rate
  • Expires in 0 month
  • 81.00% LTV
  • 800,000€ Colaterral value
  • 13 months Loan term
  • Monthly payments Schedule type
All or nothing. This project will only be funded if it reaches its target by Fri, January 28, 2022, 6:29 PM

The building intended for reconstruction is a part of an extensive residential construction of late 1980’s. It is located in a dormitory suburb to the west of Tallinn. Within the reconstruction, a total change of heat insulation system is anticipated that will increase the total energy efficiency of the building. The project owner has won a competition for EU structural funds support and upon putting the project in operation as much as 55% of investments will be reimbursed. Sale of apartments will be another source for loan repayment; pre-sale agreements are already being drafted for the buyers.

Apply for Funding

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