Reading Time: 2 minutes During the period from 2020 to 2023, the real estate market in Moldova experienced significant growth, with prices rising by approximately 30% on average, and even higher for newly built properties (40-50%). Additionally, the average official income per person increased from 8,860 MDL at the end of 2020 to 13,400 MDL in Q4 of 2023. Despite the negative growth of GDP in 2020, Moldova’s GDP increased from 11.53 billion USD to 14.78 billion USD in 2023 showing an impressive growth. Challenges An important aspect of entering Moldovan market was that there is a partner and s ..read more

Reading Time: 9 minutes The main purpose of this update is to provide you with a full overview of the current situation with each project, together with relevant documents. All the actions we have taken in 2023 had a single goal, to protect the investment projects and the invested capital. That is also the main priority for the new Spanish team, to resolve the issues that the previous management and construction company created, and to move towards the repayment with each project. Starting the Spanish branch operations In 2021 with Kirsan entering Reinvest24 as a shareholder, Reinvest24 expand ..read more

Reading Time: 5 minutes In this blog article, you can find the details (together with hyperlinks to court documents) of the legal process in Moldova, related to the recovery process against the borrower Kirsan Com S.R.L., the borrower of the Green Park Home residential development project. Project Project start Planned duration Collaterals Green Park Feb. 2022 7 months Cadastral nr. 0100105.050.01.066 – 185m2 ready premises located in Moldova, Chisinau, Trandafirilor 33/3 nr.of.66, 0100105.050.01.067 – 218m2 ready premises located in Moldova, Chisinau, Trandafirilor 33/3 nr.of.67, 01 ..read more

Reading Time: 5 minutes In this blog article, you can find the details (together with hyperlinks to court documents) of the legal process in Moldova, related to the recovery process against the borrower Metropolis City S.R.L., with 3 projects involved in the Chisinau Metropolis district: Metropolis 4D development Metropolis 4A development Metropolis Business Apartments Project Project start Planned length Collaterals Metropolis 4D Jun. 2020 12 months Cadastral nr. 0100119.459.01.001-0100119.459.01.083 (43 apartments) Metropolis 4A Nov. 2020 12 months Cadastral nr. 0100119.448.01.001 i ..read more

Reading Time: 2 minutes With this blog post, we will keep you updated on the progress of the Estonian project Lake residentials development. Key facts about the Lake residentials development project: Category – Real estate backed loan Payment frequency – Monthly interest payments Collateral – 1st rank mortgage, with the possibility of bank financing in later stages (replacing 1st rank) Country – Estonia The update for 30.08.2023 We are pleased to provide you with an update on the progress of the Lake Residents development project: Finalization of Architectural Project: The architectural projec ..read more

Reading Time: 2 minutes In this blog post, we will keep you updated on the progress of our Rae residential development project. Key facts about Rae residential development project: Category – Development project Payment frequency – Monthly interest payments Collateral – Secured with a mortgage, with possibility of bank financing in later stages (replacing 1st rank) Country – Estonia Update for 30.08.2023 We are pleased to provide you with an update on the progress of the Rae residential development project. Here are the latest developments: Approval of Detailed Planning: Before any activities ..read more

Reading Time: 4 minutes With this blog post, we will keep you updated on the latest news of our Seven Heaven development project. Key Facts About Seven Heaven Development Project: Category – Development project; Collateral – Owned by our SPV,  secured with a mortgage; Country – Latvia; Payment frequency – Interests every 6 months. The land plot in the city center of Riga, Latvia was acquired last year with a huge discount. According to the detailed planning and construction permits, it is possible to build 3 separate building on the plot. This is huge development projects, that has a po ..read more

Reading Time: 3 minutes In this blog article, we will share all the updates, as well as pictures from the construction fields of our La Canada development project from sunny Spain. Key facts about the La Cañada development project: Collateral – Owned by our SPV; Fully developed and managed by the Reinvest24 team; Monthly interest payments. The update for 12.2022 The basis for the terraces and the pools are built now on all the houses are getting ready for tiling. Internal works are almost done. The next steps would include the installation of windows and doors, as well as later facade works ..read more

Reading Time: 2 minutes In December 2021, we offered our investors a new project type – slightly different from real estate – a business loan. Today, we are adding one more success story to our track record by successfully exiting all 4 stages of the Interchem business loan project. The project made monthly interest payouts, earning our investors up to an outstanding 18% p.a. We explain below how this project became a successful collaboration and win-win combination. Meet the borrower The company Interchem Distribution Europe OÜ is trading with composite materials, and chemical components. Ove ..read more

Reading Time: 2 minutes With this blog post, we will keep you updated on the latest news of our Latvian residential development project on Dainas street.  Key facts about Dainas residential development project: Category – Development project;  Collateral – Owned by our SPV,  secured with a mortgage; Annual interest – 13% +1% (on investments over 5 000 claim units);  Country – Latvia; Duration – 14 months; Payment frequency – Interests every 6 months; See more details of this property here. Updates for 15.06.2022 In June 2021, we published our first stage of Daina’s reside ..read more