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Creating a New Way of Living: Asterra Estate Story

As the world becomes more digitised and flexible working hours become the new norm, the idea of working remotely is no longer just a trend—it’s a new way of life. More people are moving out of busy city centres, choosing to live closer to nature while staying fully connected to modern society.

Asterra Estate Group is a full-cycle real estate developer that helps people bring their vision to life. With deep-rooted values, substantial expertise, and a passion for nature-friendly development, Asterra is not only building beautiful family houses but also creating a way of life. Now, Asterra Estate has launched its own funding platform to support and accelerate this movement.

Track Record, Vision, and Uniqueness

Latvia-based Asterra Estate is a full-cycle real estate developer founded and led by a family team with more than 15 years of hands-on experience in the industry. With family at its core, Asterra has evolved into a strong and experienced team committed to sustainable development and long-term value creation.

Throughout all these years, Asterra has ensured the growth and funding of its projects solely through its own capital.

This approach reflects not only a strong sense of responsibility but also excellent planning, risk management, and a high level of professionalism. By avoiding external funding, Asterra has demonstrated confidence in its capabilities and in the clarity of its crafted vision for growth.

Over the years, the owners of Asterra Estate Group have:

• Built or renovated more than 5,000 m² of real estate

Including 2,810 m² of commercial properties

And 1,560 m² of residential housing

• Accumulated and now manage €2.4 million in real estate assets
• Earned nearly €400,000 in 2024 from property rental and management through its entities

What makes Asterra unique

Asterra’s uniqueness lies in its personal and deeply rooted approach to local real estate development, with a clear understanding of evolving trends in the industry.

1. Knowledge and agility – Driven by family-led continuity, the company ensures long-term thinking and a strong commitment to every detail and every client.
2. Strategic location – Asterra has deep local roots in Ādaži, one of Latvia’s fastest-growing regions and part of the Riga metropolitan area. The company’s main projects are located here, offering unmatched insight into the land, processes, and development potential.
3. Innovative technology – Asterra applies innovative and eco-friendly construction technologies, including CLT (Cross-Laminated Timber) and GLT (Glued Laminated Timber), as well as prefabricated building elements.This approach promotes sustainability, high quality, and construction speed.

As Edgars Putnis, the owner and driving force behind the company, puts it: “We are hands-on people who simply do what we love. Real estate development is at our core - it’s what we’re built for. Every building we construct in the region where we were born feels like building a home for ourselves. And when you do what you’re truly meant to do, success follows.”

That’s why all projects are carefully designed, executed, and managed under one roof, offering clients an outstanding experience in quality and service.

Asteres Village: A 10-Year dream becomes reality

For more than a decade, Asterra's owners have pursued the vision of creating a thoughtfully designed residential village close to nature, yet connected to urban life. Today, that dream is becoming a reality through Asteres Village, located in Ādaži – a region ranked among the top three in Latvia for real estate demand, near Riga

“Over the past 10 years, we’ve been persistently acquiring properties in this area to consolidate them into a cozy village for families. My family and I have spent countless hours on this land - cutting trees and improving the territory ourselves. Asteres Village has transformed from overgrown meadows into a place for people who value nature, without losing touch with the rhythm of modern life,” says Edgars Putnis with pride.

What you should know about Asteres Village today:

• Total area: 36 hectares
• Total planned land plots: 136
• Phase 1: 26 fully serviced land plots with infrastructure and communications almost completed; building permits already received
• Construction of the first 3 family houses has started
• Over €1.4 million already funded using 100% Asterra owners' capital

5 facts why Asteres Village is the perfect place to live, work, and grow

• Just 25 km (30 minutes) from Riga city center
• Proximity to the Baltic Sea
• High demand and property value growth of 5–10% annually
• Municipal support for sustainable development
• Ideal for remote workers, families, and nature lovers

Introducing the Asterra funding platform

After successfully funding all previous projects through internal resources, Asterra is now inviting external lenders to join its journey, while maintaining complete control over every project.

The decision to attract external funding is based on two key factors.

• First, Asterra aims to accelerate the growth of Asteres Village in response to strong market demand.
• Second, the company has developed an efficient financing model to support this expansion.

“The high demand for family houses requires the parallel construction of multiple homes to meet buyer expectations. The initial funding for construction works will be raised via Asterra.estate platform. Once a house is completed - typically within one year - it will be sold, rented, or refinanced through a partner bank in Latvia on significantly lower rates. This construction-financing model enables rapid development and significantly reduces the cost of capital,” explains Asterra Estate CFO Ivars Nelsons.

The newly launched Asterra funding platform is designed to support faster, larger-scale development while ensuring transparency and solid returns for lenders.

Main highlights of the platform:

• 100% controlled projects – fund only Asterra Estate Group projects
• Competitive interest rates – earn up to 15% p.a.
• Daily interest accrual – receive interest daily, starting from the funding date
• Interest compounding – increase annual interest rate or receive regular payouts - giving you full control over your strategy
• Early Exit Option 2.0 – maintain liquidity with the ability to request partial or full early repayment, offering flexibility without long-term capital lock-in

KickStarter Cashback – an additional 5% cashback for early lenders, available until July 31, 2025

Security as top priority

While Asterra Estate remains focused on building meaningful developments like Asteres Village, the security of every euro funded remains a top priority. To ensure this, the company provides several layers of protection:

• Real estate collateral – Every project is backed by tangible real estate. Each asset’s ownership and security structure – as outlined in every project description – is closely aligned with the level of protection typically provided by a senior loan.
• Group Guarantee – Asterra Estate provides a guarantee across all entities in the Group. If one project experiences delays, other entities are committed to covering lender obligations.

Additionally, Asterra Estate Group reinforces its financial commitment by contributing at least 10% of its own capital into each project - known as “skin in the game.” This ensures full alignment with lender interests and shared responsibility in every decision.

Join the movement

Whether you're a believer in sustainable living, a remote worker looking for a new kind of community, or a real estate founder seeking transparent and great opportunities - Asterra offers a path forward.

Explore the projects and start funding them today at asterra.estate.

Be part of something meaningful—help build homes and communities rooted in nature, with a hand on the pulse of modern life.