Elie Saab Towers

     Lending
  • Earn150 / year

Type of property
Residential
Location  Open in Gmaps 🗺️
Bucharest
Loan duration 
12 months
Interest rate 
15 % / year
Minimum ticket 
€ 100
Time left 
8 day(s)
Funding target 
€ 100 000
Minimum funding target 
€ 50 000
Maximum funding target 
€ 150 000
Collateral 
Suretyship 
Loan to value 
0.14 %

20 investors invested € 11 407.6

11.41% funded

€ 100 000

Description

Elie Saab main arguments for which it turns to crowdlending facilitated by stock.estate vs. a classic financing

  • Increasing visibility.
  • Speed of access to capital.
  • Creating a community.

Rewards for investors, valid for investment vouchers starting from +10,000 Eur

Rewarding investors (for those who contribute with an individual ticket of at least 10,000 Euros), Elie Saab offers the following benefits, additional to the return on investment, correlated with the following minimum ticket values:

  • For an investment of at least 10,000 Eur, you will benefit from a discount of 3,000 Eur if you buy an apartment in the project
  • For an investment of at least 20,000 Eur, you will benefit from a 6,000 Eur discount if you buy an apartment in the project

The vouchers are non-nominal, implicitly transferable. They are limited to a maximum of 1 reward/investor. Their validity is until the end of this campaign (max 1 year) and conditional on the availability of unsold units at the time of the request to activate the reward

The Project

Metropolitan Group, which has built over 4,000 mass-market apartments in Bucharest and which is owned by Daniel Drăgulin and Robertino Georgescu, is developing an exclusive residential project named after the well-known designer Elie Saab. The high fashion company founded by Lebanese designer Elie Saab has entered into a partnership with local developer Metropolitan Group for the development of Elie Saab Towers in Bucharest. The Elie Saab towers are already under construction and sales are estimated at over 200 million euros. Housing prices will start from 600,000 euros per unit, going up to 10-12 million euros for penthouses on the top floors. The total investment in this project amounts to around 100 million euros, own funds and with funding from Libra Bank.

It is the first "brand residence" type project in Romania and Eastern Europe

Technical data: apartments with 1-2-3 rooms; 141 residential units (58 heating A and 83 heating B); underground parking on 2 levels; 135 underground and 186 above-ground parking spaces.

Elements of customer pampering: ELIE SAAB furniture for common areas; Smart home system; Ceiling with ambient cooling; Ventilation with heat recovery; Underfloor heating; Garden of 2000 square meters.

The project is expected to be handed over during the summer of 2025.

Location

The location of the project is in the Municipality of Bucharest, Str. Daniel Danielopolu no. 90, sector 1.

Among the attractions of the area are Herastrau Lake, King Mihai I Park and the Ramada Hotel, plus many restaurants of elite on the main road, but also on the lake shore. Quick access to international schools and shopping centers in Pipera is also an advantage. Modern beauty salons and fitness and gymnasiums are also available nearby. Close to everything that matters: 2 minutes to Herăstrău Park; 5 minutes to the metro station; 10 minutes to Otopeni Airport; 5 minutes to Mall Promenada.

The market - Competition

There is no competition in Romania for the type of product, with the particularities offered by this project.

Key People and Background

Metropolitan Group, which built over 4,000 mass-market apartments in Bucharest, is owned by Daniel Drăgulin and Robertino Georgescu. Metropolitan Group is:

  • one of the most active real estate developers in Romania;
  • established in 2010; with a history of 18 residential projects in Bucharest and Ilfov;
  • over 4000 residential units delivered;
  • investments of over 250 million euros;
  • portfolio: middle class, upper middle class and luxury real estate projects.
The project owner declares that, to the best of their knowledge, no information has been omitted or is materially misleading or inaccurate. The project owner is responsible for the preparation of this key investment information sheet (see Documents).

STOCKESTATE CROWDFUNDING SRL is licensed under the number PJR28FSFPR/400002, since 29.08.2023. Find us in the register of crowdfunding service providers of the European Securities and Market Authority (ESMA).

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All investments involve risks, including loss of invested capital, lack of liquidity, and non-reimbursement on loans, partially or integrally. It is an appropriate investment only for investors able to assess and bear the risks presented above. Before investing, please read the risks of investments warning, and also all the clauses of the loan agreement, which will be provided to you for the campaign in question. Stock.estate Platform is not responsible for the information provided by the project developers, even if it is provided by or through Stock.estate. Stock.estate does not provide you any other advisory services. The decision to invest is entirely yours. We recommend that you consult specialized advisers if you need support in evaluating your investment decision. The messages and documentation you receive from Stock.estate or project developers have not been verified or approved by Romanian or European authorities.