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Sõpruse apartment bridge financing

flagSõpruse pst 213, Tallinn, EstoniaReal-estate backed loansApartmentExited
Internal Rate of Return15.00%
Total exited price€150,000

Object overview

  • -50% success fee - 0.5%, instead of 1%
  • Category - Real estate backed loan
  • Annual interest - 15%
  • Payment frequency - Monthly interest payments
  • Collateral - 1st rank mortgage
  • Duration - 2 months
  • Country - Estonia
  • LTV - 68%

The area
The apartment is located in the center of Mustamäe district in Tallinn. Everything you need within walking distance: children's playground, schools, kindergartens, shops, bus stops, nearby: Männipark, Tallinn University of Technology, Magistral Center. Very good transport connections to the city center and other parts of the city - public transport stops just a few minutes walk away. Also nearby is Vilde Sports Park, which has a skateboard park for young people, street fitness, free-running attractions, etc., and a playground for young children.

The property
The address of the apartment is Sõpruse pst. 213, Tallinn. It is a spacious 2 bedroom apartment, with a total area of 89,3m2. The apartment is located on the fifth floor of a 9-storey building. The apartment consists of a spacious kitchen, a walk-through living room, two bedrooms, a bathroom, a toilet, a balcony, and a hall. The balcony is glazed. The living room has access to a balcony with sunshine. Renovated with high quality materials: radiators replaced, interior doors replaced, piping replaced, electrical wiring replaced, wood parquet, walls straightened, ceilings straightened. The interior of the apartment is decorated in light colors, which gives the apartment a spacious and nice look. The bathroom is equipped with underfloor heating.

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