Development loan /
Aukštupis loan

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The borrower raised capital to continue with construction works of a modern A+ energy class building featuring 26 apartments in Vilnius – Lithuania.

  • 12 months
  • Type: Bullet
  • 11 interest rate annual
  • Loan amount €940 000
  • Ambassador fee: €4 700

THE CASE

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.

SOLUTION

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.

Pictures of the project

Common reasons to borrow from EstateGuru

With 98,190 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.

Benefits of development loan

  • Loan amount

    €20 000 - €5 000 000

  • Max LTV

    75%

  • Up to

    24 months

  • Interest rate

    9%

With 98,190 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.

1

Ringi street loan

Loan amount: €700 000 in 3 stages
Ambassador fee: €3 000

The borrower raised capital to develop a four-storey apartment building outside of Tallinn.

2

Aukštupis loan

Loan amount: €940 000
Ambassador fee: €4 700

The borrower raised capital to continue with construction works of a modern A+ energy class building featuring 26 apartments in Vilnius - Lithuania.

3

Renovation in Riga

Loan amount: €990 000
Ambassador fee: €4 950

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.

Ambassador resource package

Here you will find all the required materials to introduce EstateGuru.

Download it here

Still have some questions?

Have any questions? Don’t hesitate to contact us directly by phone (+372) 53731020 or send email to agents@estateguru.co