real estate draft

Heavy machinery purchase - Excavator Sany SY135C

Loan ID 322

Target: 79,300

Loan type: Business

Interest rate: 14% p.a.

Term: 24 months

Location: Latvia

Interest payments: Paid every month

Collateral type: Heavy machinery

LTW: 79%

Skin in the game: 21%

Machinery cost: 95,953€

Security: Pledge on heavy machinery and group guarantee

Country: Latvia
Loan ID: 330
Loan originator: Kazeri real estate group
Collateral type: Living apartment in Riga city, adress: Stirnu iela 61 – 28, Rīga, Cadastral Nr. 01009099600
Loan type: Real estate – living apartment, development loan
Interest rate p.a.: 14%
LTV: 52%
Term: 6 months
Needed amount from investors: 40,000€
Loan purpose: To buy a living apartment for development and then sell it for much bigger price.
Collateral: Living apartment in Riga city, adress: Stirnu iela 61 – 28, Rīga city, Cadastral Nr. 01009099600 with the corresponding co-ownership share of the multi-apartment building and plot of land belonging to the apartment property pledged by 1st rank mortgage. 
Pledged collateral amount: 78,000€
Schedule: Interest payments will be paid every month, principal payment will be paid in the end of the loan on 6th month.
Dear investors we offer to invest in real estate business what is sustainable in Latvia and makes profit.
The borrower will repay the loan from incoming business revenue selling this living apartment after the development will end. Borrower company name is Kazeri real estate group, registration number is 40203493653. This loan is secured by 1 st rank mortgage and a group guarantee. Living apartment is located in Latvia’s capital of Riga at adress Stirnu ielā 61 – 28, Rīgā, cadastral Nr. 01009099600 and contains two-room apartment in the area of ​​44.9 m2 located in 5th floor in building, with the corresponding part of the joint ownership of the multi-apartment building and the plot of land belonging to the apartment property. Apartment appraisal is available. Apartment is located in 4.2km from Riga city centre. About 10,300 apartment sales took place on the apartment market in Riga in 2022, of which about half were apartments built in the 1960s-1970s.
In the first half of 2023, approximately 4,400 apartment sales transactions took place in Riga, which was 13% less than in the first half of 2022.
It is much more profitable to buy already built apartments that need to be improved and can be sold quickly, at current real estate prices, the prices for such apartments are not as high as for newly built apartments, and therefore cheaper apartments are more liquid and can be sold faster. At the given moment, it is also best to buy apartments with moderately low square meters, because the utility bills for the apartment are high due to the war in Ukraine. Apartments of average square footage have low heating and maintenance costs. In September month 2023 Kazeri real estate company will offer investors to fund 10 projects like this kind.
Remember – interest payments start calculating from the day you make your investment!
Loan originator ”Zs Kazeri” is a company what is founded in 1991. year, registration number is 49501000919, this company have a 32 year experience in forestry sector, renewable energy and agriculture, in company works about 50 employees. Zs Kazeri is a family company what were owned by Viesturs Pogulis who is Livonia platform CEO and founder dad, but he gave this company as legacy in 2015. year to Didzis Pogulis who is Livonia platform CEO and founder. Company is offering services in forestry,  energy, producing wood products, and buying and selling forest products for commissions like woodchip buying, selling, producing, and carrying out timber logs from forests, cutting down forests, and with lumber trucks(lorry;s)  transport pulpwood and other timber to Latvian sea ports in Riga, Skulte, Mersrags, Liepaja cities, buying from individuals and legal entity’s forestry products and then selling them further to Sweden and Finland. Considering war in Ukraine Russia and Belarus is not exporting wood produce and all kind of energy so much, that why now the prices is up for renewable fuel , wood production and that way is time to expand for good. This company is in Agriculture sector too, and they are growing many kind of crops, and buying lands and forests to expand in Latvia. By this time the average interest rate is 12.5% for investors and can reach up to 14.5% annually issuing loans on term from 6 months to 36 months. All loans issued will come with security for investors like mortgage on land, or heavy machinery pledge, also this company issued loans offer group guarantee what means that another group company will pay the loan to not force the pledges if it will be needed. Note, this company boasts a flawless record, having never encountered any defaulted loans or loans that have fallen into overdue status.
Zs Kazeri has a plan to become the largest forest producer in Latvia by 2030 and to export pellets, round timber, and briquettes, increasing the turnover to 700 million euros. To achieve this, it is necessary to increase the capacity, purchase machinery for forest development and build 3 pellet factories. Among the Baltic States, Latvia is the most covered with forests, which accounts for 50% of the entire country’s territory, so these goals are achievable and this will also increase Europe’s independence in terms of energy resources. Zs Kazeri has plans to increase the managed forest and agricultural area every year in order to achieve a stable export flow of forest products, and it would not be necessary to rely so much on private forest owners, who are the cornerstone at present, in order to grow the turnover of forest products.
Because of war in Ukraine the prices for energy is raised up and will continue to be steadily up that why energy business will be sustainable for long time now.
The European Union (EU) has set a goal for renewable energy through the Renewable Energy Directive (2009/28/EC). This directive outlines a comprehensive policy to encourage the production and use of energy from renewable sources within EU member countries. The EU aims to generate at least 20% of its total energy from renewables by 2020, with individual countries having specific targets to contribute to this overall goal. Additionally, all EU nations must ensure that at least 10% of their transport fuels are derived from renewable sources by the same deadline.
In December 2018, a revised version of this directive, known as 2018/2001/EU, came into effect as part of the Clean Energy for All Europeans package. This update is designed to maintain the EU’s leadership in renewable energy and, more broadly, support the EU in meeting its emissions reduction commitments under the Paris Agreement. You can find more details about this on the official EU website: https://ec.europa.eu/energy/en/topics/renewable-energy/renewable-energy-directive.
Latvian forests are mostly made up of conifers, however, other species also occupy a significant part. Conifer stands are 53% of all forest stands, birch stands – 30%, white alder – 7% and aspen – 7%.
The forest of 2023 in Latvia occupies an area of ​​3.1 million hectares (ha), or 52% of the land area, the report of the State Forestry Service for the year 2018. In just ten years, the forest area in the country has increased.
The territory of Latvia is 6.46 million hectares (ha), of which 3.35 million ha are forest lands (forest occupies 3.04 million ha). In comparison with other European countries, because in Europe the forest occupies an average of 33% of the land area, while in Latvia the forest land occupies 52%.
1.49 million ha (49%) of forest are under state management, forests of other managers make up 1.55 million ha (51%).
The service states that the annual report for the year 1923, when forest cover in Latvia was 23% of the total territory, by 2018 it has more than doubled. A small, gradual increase in forest areas can also be seen over the past ten years.
In 2008, there were 2.96 million hectares of forests in Latvia, or 50.2% of the entire country’s territory, but last year they were 52%.