Development loan /
Veskimöldre loan

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

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

  • 12 months
  • Full bullet
  • 10.5% interest rate annual
  • Loan amount €570 000
  • Ambassador fee: €2 850

THE CASE

The borrower started to develop in the largest residential quarter in Estonia. During the first stage all infrastructure and road networks needed to be developed. Traditional banks are sceptical to lend money against projects like this, thus the borrower considered taking on a private investor, but that would be much costlier, as investor wanted profit sharing after exit.

SOLUTION

Looking at the project, EstateGuru’s team saw huge potential in helping the borrower to execute his plans and construct the infrastructure after which it would be much more easier to sell the land plots to the end customer, who would want to build their houses. By keeping the LTV at 60%, we financed the project against the land plots.

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