The borrower raised capital to continue with construction works of a modern A+ energy class building featuring 26 apartments in Vilnius – Lithuania.
A development named “Aukštupis” in Vilnius Old Town’s safety zone. The developer faced a financing issue to get the project off the ground. Even though building permission was obtained successfully, negotiations with banks were complicated and frustrating, leading the developer to explore crowdfunding options instead.
EstateGuru looked into the development plan and decided to become a financial partner for this modern A+ energy class building featuring 26 apartments. The development project was financed in 4 stages and a total of €940 000 was raised. The first stage in the amount of €450 000 was fully-invested within three hours.
With 154,817 international investors, both retail and institutional, EstateGuru is also the perfect showcase for your development. Our investors don’t just have tens of millions available to lend, they also regularly purchase a property they have invested in during development.
With 154,817 international investors, both retail and institutional, EstateGuru is also the perfect showcase for your development. Our investors don’t just have tens of millions available to lend, they also regularly purchase a property they have invested in during development.
The borrower raised capital to develop a four-storey apartment building outside of Tallinn.
The borrower raised capital to continue with construction works of a modern A+ energy class building featuring 26 apartments in Vilnius - Lithuania.
The borrower raised additional capital to continue the renovation of apartments in Riga with a plan to repay loan from sales revenue of a completed development project.
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