Development loan /
Jõe street loan

Leave your contact information and let us get back to you!

The borrower raised capital to renovate an old residential apartment building.

  • 12 months
  • Full bullet
  • 11.75% interest rate annual
  • Loan amount €396 000 in 4 stages
  • Ambassador fee: €1 980

THE CASE

The borrower’s representative has been involved in the real estate development Industry for over 10 years. As the economic indicators did not meet the criteria of the banks, the company was not able to get a loan for real estate development projects.

SOLUTION

EstateGuru, having studied the company’s business plan, decided to help finance the development of a two-storey apartment building in Tartu, Jõe 2b. As the flexibility of EstateGuru gives you the opportunity to move quickly with the development, the borrower has also contacted us for future projects. As of today, another development project is in the final stage already, at a larger volume, in the form of an apartment building with 12 apartments. An apartment building with 34 apartments in Tartu is also in the development phase.

Pictures of the project

Common reasons to borrow from EstateGuru

With over 59707 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 over 37 000 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

Jõe street loan

Loan amount: €396 000 in 4 stages
Ambassador fee: €1 980

The borrower raised capital to renovate an old residential apartment building.

2

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.

3

Veskimöldre loan

Loan amount: €570 000
Ambassador fee: €2 850

The borrower raised capital to develop land in the largest Estonian residential quarter near Tallinn – Veskimöldre.

Ambassador resource package

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

Still have some questions?

Have any questions? Don’t hesitate to contact us directly by phone (+372) 58166002 or send email to ambassador@estateguru.co