ReInvest24 informed today that a new investment opportunity is available at the portal to all registered participants: Duplex apartment development in Tallinn’s tech hub.
Investment type: Development loan
Period: 6 months
Interest per annum: 14%
Interest will be calculated from the day of placing the investment!
Project details
The property for investment with the address Majaka 54 – 9 Tallinn, Estonia is a duplex shell apartment located in an old apartment building that is in need of modernisation. The investment involves developing the property by finishing its construction, renovating the building’s facade and common areas and eventually selling the apartment for a healthy profit. The apartment is located in a flourishing area, next to the airport and various other new developments, which makes it an attractive investment property as well a residential dwelling.
Purchasing the apartment at this stage and investing into finishing the construction of the property, and renovating the building itself will increase the value of the real estate significantly (considering the current market situation). The real estate for sale will include a brand new duplex apartment with a balcony in a developing and strategically good area.
Cashback campaign
Don’t forget that until 31.05.2019 there is a cashback bonus campaign on ReInvest24 for all registered users. More information here.