Development loan /
Ringi street loan

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

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

  • 12 months
  • Full bullet
  • 11% interest rate annual
  • Loan amount €700 000 in 3 stages
  • Ambassador fee: €3 000

THE CASE

The Borrower has an operational sports complex in one of the biggest satellite cities in the vicinity of Tallinn. The sports complex there is on a plot of land big enough to build two apartment houses. Commercial banks are afraid to finance residential developments outside Tallinn.

SOLUTION

EstateGuru provided a development loan for construction of two, three-storey residential buildings with 22 apartments. EstateGuru financed the construction after the borrower had done quite a significant amount of work from their own equity. Funds were raised and collected in stages with an increase of the value of the property. As of today, all buildings are completed and sold.

Pictures of the project

Common reasons to borrow from EstateGuru

With over 59708 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