Private person

Loan secured by property

Vasilenco Serghei Chisinau, Chisinau, Moldova

Debt
Coming soon
Amount Raised
€ 0.00
Goal
€ 20000
26 Days Left
0% Complete (success)

This Campaign is open for both accredited & no-accredited Investors.

15% Interest (% per year)
12 months Term Length (Months)

Raise Details

Fixed Investing This Campaign started on July 11, 2025 and will close on August 25, 2025, 9:00 pm.
(UTC/GMT 25 Aug,2025 21:00 pm)
  • Campaign Deal Type
    Debt
  • Investing Goal
    € 20,000.00
  • Minimum Reservation
    € 50.00
  • Open Date
    11-07-2025
  • Closing Date
    26-08-2025
  • Type
    Development financing
  • Phases
    Improvement works
  • Payback Start Date
    01-09-2025
  • Invest Frequency
    Monthly
  • Organisation Industry
    Real estate

Other details

  • Total asset value
    € 64,439.00
  • Loan to value
    31%
  • Warranty type
    Mortgage
  • Term Length
    12 Monthly
  • Property type
    1-bedroom apartment
Investment Detail

Invest Summary

The project proposes the development of a resort complex and entertainment center in Vatra Dornei, Suceava County, Romania. The tourist complex consists of 2 log cabins (200 EUR/night) and 2 A-frame houses (300 EUR/night), with a maximum revenue of 1,000 EUR/night at full occupancy. Targeting tourists seeking comfort in a natural setting, the main income source is house rentals, considering seasonality (high season: 10 months, off-season: 2 months) and occupancy rates (80% in high season, 50% in off-season). A loan of 20,000 EUR for 6 months at 15% annual interest is planned to complete the camping’s development, including:

  • Landscaping of the territory.
  • Creation of amenities (e.g., relaxation areas, children’s playgrounds).
  • Infrastructure improvements to enhance rental appeal and tourist inflow.

The project’s potential stems from growing tourism demand in Vatra Dornei, known for its natural beauty, spa centers, and active recreation. Projected annual rental income (230,400 EUR) covers the loan (21,500 EUR over 6 months) and operational expenses (69,120 EUR), yielding a net profit of 139,780 EUR. The initiator’s competent budget planning is supported by P&L calculations and financial ratios (ROS 60.67%, DSCR 6.57, ROI 698.9%).

Table 1. Projected Financial Indicators

Indicator

Value

Comment

Annual Revenue

230,400 EUR

 

Total Expenses

90,620 EUR

 

Net Profit

139,780 EUR

 

Return on Sales (ROS)

≈60.67%

High profitability, enabling debt servicing.

Debt Service Coverage Ratio (DSCR)

≈6.57

Indicates strong ability to cover debt obligations.

Loan Payback Period

≈1.85 months

High liquidity, ensuring quick repayment.

Return on Investment (ROI)

698.9%

 

The project’s high profitability and low risk (DSCR 6.57) ensure loan repayment in under 2 months, minimizing credit risks. Stable cash flow is supported by high occupancy in the high season and moderate occupancy in the off-season. Scalability (e.g., adding houses or services) enhances long-term attractiveness.

To ensure compliance and minimize risks, the initiator will:

  • Repay the loan and interest in equal monthly installments over 6 months, using income from business activities (real estate rentals) and project revenues.
  • Provide monthly progress reports with photo/video documentation.
  • Ensure transparency and investor guarantees through real estate collateral.

The project’s economic justification, driven by tourism demand in Vatra Dornei, makes it attractive for lending. The initiator is committed to fulfilling credit obligations, minimizing risks.

Market Summary

Vatra Dornei, a mountain resort in Suceava County, Romania, lies in the Carpathians at 810 meters above sea level, at the confluence of the Bistrița Aurie and Dorna rivers. Surrounded by the Călimani (2100 m), Suhard (1932 m), and Giumalau (1857 m) mountains, it attracts tourists with its natural beauty and activities like hiking, cycling, and skiing. Known as the “Pearl of Bukovina,” it offers mineral springs and spa centers. The project accounts for seasonality and demand for recreational services, aiming to introduce new services and expand existing ones through infrastructure upgrades. The market includes Romania, EU countries, and potentially tourists from Ukraine and Moldova.

Target Audience

The target audience includes families with children and nature enthusiasts willing to pay for comfort, safety, and proximity to nature. Families value spacious accommodations, playgrounds, and family activities, while nature lovers seek seclusion and access to hiking trails. Tourists are willing to pay a premium for unique experiences, especially in the high season (April–October, December–February). In the off-season (March, November), occupancy may drop without flexible pricing. A 20% discount on weekdays is planned to maintain at least 50% occupancy.

Competitor Analysis

Vatra Dornei’s accommodation market includes hotels, guesthouses, villas, cottages, and cabins. Based on data from platforms like Booking.com and Airbnb, competitors offer:

Accommodation Types:

  • Hotels (3–5 stars): Provide restaurants, spas, and pools.
  • Guesthouses: Cozy, family-oriented with a homely atmosphere.
  • Cottages/Villas: Popular for families and groups, offering space and privacy.
  • Cabins/A-frame Houses: Rare, appealing to nature lovers for their seclusion and design.

Competitor Examples:

Name Type  Amenities Price (EUR/night)  Distance from Center 
Hotel Dorna Hotel (3 stars) Wi-Fi, parking, restaurant ~52,44 City center
Hotel Carol Hotel (4 stars) Wi-Fi, parking, pool ~102,12 City center
Domeniul Dornei Hotel (4 stars) Wi-Fi, parking, pool, spa ~104,88 City center
Pensiunea La Moara Guesthouse (4 stars)  Playground, business center, pets  ~40–80 14 km
Pensiunea Somesana  Guesthouse (3 stars) Games, pets ~40–80 21 km
Airbnb (diverse) Cottages/Apartments Kitchen, Wi-Fi, parking 18,4–200 Varies

Pricing Policy

The complex offers:

  • 2 log cabins at 200 EUR/night.
  • 2 A-frame houses at 300 EUR/night.

These prices (200–300 EUR) position the complex in the premium segment, higher than competitors (18.4–120 EUR). To justify this, the project emphasizes seclusion, eco-friendly design, and family amenities. A 20% weekday discount (160 EUR for cabins, 240 EUR for A-frames) supports occupancy.

Recommendations:

  • High Season: Maintain 200–300 EUR prices, highlighting eco-design and amenities like excursions or spas.
  • Off-Season: Offer 20–30% discounts (140–160 EUR for cabins, 210–240 EUR for A-frames) and packages (e.g., breakfast, excursions).
  • Weekdays/Weekends: Continue 20% weekday discounts, keeping full prices on weekends.
  • Additional Services: Include or offer for a fee unique services (e.g., guided tours, bike/ski rentals, spa) to enhance value.

Project Features and Advantages:

  • Enhances Vatra Dornei’s resort potential and competitiveness.
  • Promotes economic development through increased tourist inflow and tax revenues.
  • Supports social development by creating jobs for local residents.

These measures aim to boost the complex’s attractiveness and profitability.

Elevator Pitch

The project initiator is a citizen of the Republic of Moldova.

Entrepreneurial Reputation and Experience: The initiator has a positive business reputation, confirmed by the successful start of the project. He independently manages the development of the tourist camping using his own funds, demonstrating financial responsibility and initiative. Key stages completed include site development and construction of 4 houses (2 log cabins and 2 A-frame houses), showcasing high organizational skills and practical experience in managing similar projects.

Credit Security: As collateral for the loan (mortgage), the initiator offers a real estate property (cadastral number: 0100413.383.01.273) located in Chișinău. The market value of the collateral is estimated at EUR 65,439 (calculated using the comparable sales analysis method), which fully covers the requested loan amount (EUR 20,000) and complies with the principle of sufficient collateral coverage. This minimizes risks for the creditor and confirms the initiator’s commitment.

Projected Return Calculator

  • 15%
  • 12 Monthly
  • € 750.00

Organisation Overview

The project initiator is a citizen of the Republic of Moldova.

Entrepreneurial Reputation and Experience: The initiator has a positive business reputation, confirmed by the successful start of the project. He independently manages the development of the tourist camping using his own funds, demonstrating financial responsibility and initiative. Key stages completed include site development and construction of 4 houses (2 log cabins and 2 A-frame houses), showcasing high organizational skills and practical experience in managing similar projects.

Credit Security: As collateral for the loan (mortgage), the initiator offers a real estate property (cadastral number: 0100413.383.01.273) located in Chișinău. The market value of the collateral is estimated at EUR 65,439 (calculated using the comparable sales analysis method), which fully covers the requested loan amount (EUR 20,000) and complies with the principle of sufficient collateral coverage. This minimizes risks for the creditor and confirms the initiator’s commitment.


Leadership

Vasilenco Serghei

Administrația

Compania

Comments

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