Real estate has been the most popular way of investment for hundreds of years. Leading specialists can make a profit of hundreds of per cent on projects, in contrast to ordinary non-specialized investors whose income can be comparable to the deposit rate in the bank.
Real estate has been the most popular way of investment for hundreds of years. Leading specialists can make a profit of hundreds of per cent on projects, in contrast to ordinary non-specialized investors whose income can be comparable to the deposit rate in the bank. The Sosnovkino project is a land area. We invest in the infrastructure which will be built in 2018. According to Zurich LLC appraisal, the increase in the cost of the asset at the time of engineering systems construction will be 600%.
The collected funds with the aid of the ICO are put on the Sosnovkino Foundation account in the Cayman Islands.
30.9.2017
Sosnovkino Foundation provides a loan to the Russian company Sosnovkino LLC which owns the land. Moreover, the Foundation owns 70% of the share capital of Sosnovkino LLC.
1.10.2017-30.6.2018
In October, 2017 Sosnovkino LLC under the contract transfers the funds for the construction of gas and water pipelines, electric and central sewage systems. The road works contractor starts construction in June, 2018.
12.2017
After voting in December, 2017, Sosnovkino LLC chooses a real estate agency and enters into a contract for sale with an established price policy.
Project Finish
Funds from the sales are distributed among investors excluding current expenses and remuneration to the project developers. The investors receive income in the selected cryptocurrency.
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