Legal entity

Renovation of the property at G. Ureche str.

HARD CONTRAST SRL Chisinau, Chisinau, Moldova

Debt
Coming soon
Amount Raised
€ 0.00
Goal
€ 14500
50 Days Left
0% Complete (success)

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

16.5% Interest (% per year)
12 months Term Length (Months)
Legal entity

Renovation of the property at G. Ureche str.

HARD CONTRAST SRL 67 Grigore Ureche str., Chisinau, Chisinau, Moldova

Raise Details

Fixed Investing This Campaign started on March 24, 2025 and will close on May 23, 2025, 9:00 pm.
(UTC/GMT 23 May,2025 21:00 pm)
  • Campaign Deal Type
    Debt
  • Investing Goal
    € 14,500.00
  • Minimum Reservation
    € 50.00
  • Open Date
    24-03-2025
  • Closing Date
    24-05-2025
  • Type
    For renovating a property
  • Phases
    Repair works
  • Payback Start Date
    01-08-2025
  • Invest Frequency
    Monthly
  • Organisation Industry
    Construction

Other details

  • Total asset value
    € 70,000.00
  • Loan to value
    21%
  • Warranty type
    Suretyship
  • Term Length
    12 Monthly
Investment Detail

Invest Summary

The total investment in the project will amount to 14 500 EUR, which will result in a 100% financing volume. The main use of the funds is to finance the main assets of the company and to cover current costs.

The assessment of the financing structure and the allocation of funds for the implementation of the project to modernise the plant is presented in the table below:

 

Expenditure category Quote(%) Amount (EUR)
Purchasing materials 65% 9 425
Cost of works 35% 5 075
Total 100% 14 500

 

Confirming the priority of the project to create a modern and functional property, the majority of the financial resources are focused on the purchase of materials (65%) and the completion of the list of works specified in the estimate (35%).

After completion of the modernisation work, the premises will be attractive to tenants, including retailers and organisations requiring office space (expected monthly net rental income of 2730 EUR).

Monthly loan repayments (including 3 months holiday): 1319 EUR.

Total loan repayments: 15 828,37 EUR.

In order to comply with the contractual conditions and minimise risks, the developer will take the following measures

  • Monthly detailed reports on the works on site (photo, video);
  • Fundraising with emphasis on transparency and security for investors (warranty);

The measures listed above, to be implemented in practice, aim to ensure the attractiveness and efficiency of the project.

Market Summary

The commercial real estate market in Chișinău demonstrates remarkable stability despite recent economic challenges. General interest in commercial spaces, especially in central areas, remains high.

An analysis of rental trends and their dynamics by city district highlights several key tendencies relevant to tenants, investors, and property owners.

 

District 2022 (EUR /m²) 2023 (EUR /m²) 2023 / 2022 (%) 2024 (EUR /m²) 2024 / 2023 (%) 2024 / 2022 (%)
Centre (ultra-centre) 35 30 ↓ -14.3% 32 ↑ +6.7% ↓ -8.6%
Rîșcani 30 30 ↔ 0.0% 35 ↑ +16.7% ↑ +16.7%
Botanica 12 15 ↑ +25.0% 16 ↑ +6.7% ↑ +33.3%
Buiucani 15 12 ↓ -20.0% 14 ↑ +16.7% ↓ -6.7%
Ciocana 18 15 ↓ -16.7% 16 ↑ +6.7% ↓ -11.1%
Telecentru 15 20 ↑ +33.3% 22 ↑ +10.0% ↑ +46.7%

 

The central part of the city, where rents continue to show positive momentum, continues to attract the most interest from tenants. The reasons for this are the city's accessibility, developed infrastructure and concentration of business activities.

In the medium term, the commercial real estate market in Chisinau will maintain its positive dynamics. Properties with a high potential to increase rental rates and liquidity are those with a convenient location and modern features, such as the building on G. Ureche Street.

Elevator Pitch

The project developer is proposing a plan to develop a commercial property in the historic part of Chisinau that, after modernization, can be used for leasing: both for office and co-working space, as well as for the organization of catering and retail activities.

The property to be modernized meets the relevant legal requirements and is almost ready for occupancy.

Projected Return Calculator

  • 16.5%
  • 12 Monthly
  • € 825.00

Organisation Overview

Limited liability company HARD CONTRAST, country of incorporation/registration: Republic of Moldova, state registration number: 1022600054657. HARD CONTRAST S.R.L. is a growing company specialising in real estate development, construction and finishing works, founded at the end of 2022. 


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