The project owner’s land has been in his family for generations. After he inherited this 6.5 Ha of land, he planted 2 Ha of “Pinheiro Manso” (Pinus pinea) in 2020. But, although his family was always directly involved in farming, he never registered as a farmer until now.

This small native pine tree plantation allowed him to enter a subsidise governmental program focused on the reforestation of a specific region in the center/south of Portugal with native tree species - “Zona de Intervenção Florestal (ZIF) da Aldeia do Mato (Santarém district)”, which supports the upkeep of the program member lands.

Not only there is an environmental interest on the growth of this tree species, but it also offers a high profitability since the pinecone seed of “Pinheiro Manso” (Pinus pinea) is an expensive delicacy. They expect to get the first production in 2024. The couple is personally taking care of the land. But the seasonal works are planned together with the family members that own the adjacent plots of the same trees, and together they outsource work when a tractor or other specific equipments are needed.

He now wants to expand the production to more 3 Ha and in the future the remaining 1.5 Ha of land. He decided to sell another family country house to fund this investment, but now is the season to plant the Pine trees and he doesn’t want to lose a year. His plan is to get a loan with HeavyFinance to plant the 3 Ha and repay this loan when the country house will be sold. To ensure the viability of this loan, the project owner pledged a flat that is his home and will use part of the funds to repay some small debts he has at the moment.

Special Offer

To incentivize our investors to finance this project, HeavyFinance is offering a 0,5L bottle of Portuguese Olive oil for each investor that finances at least 400 euros, 2 bottles for investments of at least 750 euros, and 3 bottles to investors that finance 1000 euros and above.

Loan information PT0000817

Raised €9 337
Remaining €14 163
Goal €23 500
2 days 07:32:19
Return rate 15.0%
Risk rating C
Loan period 24 Months
LTV 27%
Country Portugal
Repayment type Normal period
No of investors 37
Security measures Pledge of assets, Sole accountability

Business information

Declared land, ha 5.00
Owned land, ha 5.00
2021 €46 880
2020 €45 487

Security measures

Type Description Value Valuation method
Building Residential Apartment €88 400 According to independent property valuation
Other Sole accountability
Total value of pledged assets €88 400

Annual interest

Investing from €100 15.0%

Calculate investment

100 14100
15 0
Expected return
0 €
0 €

Project risks

For this project, there is a risk of losing all the profits made and the funds invested.

In this case, if the Project Owner fails to fulfill its obligations, the Platform Operator will take all necessary measures to protect the interests of investors and use the provided collateral, but the Platform Operator does not guarantee the full fulfillment of the Project Owner's obligations.

Financial agreements are not subject to the insurance protection established by the Law on Insurance of Deposits and Liabilities to Investors of the Republic of Lithuania.

Additional information:

If the project owner does not collect the amounts to be financed, the collected funds will be returned to the funders by transferring them to the account from which they were transferred. The Platform Operator also has the right to offer the Project Owner to reduce the amount to be financed during the Project financing term or to extend the Project financing term. In this case, if the amount to be financed is reduced or the term of financing the Project is extended, it shall in all cases be announced on the Platform and the Fund's financiers shall be informed.