DebtResidential - Appartments
Target € 105,000
Minimum Amount € 105,000
Minimum Investment € 50
€ 105,000 raised, 100%
100.0% Complete (success)

Vesivärava st house reconstruction loan

  • The loan is used to continue the construction works of the building.
  • As a loan collateral, the borrower offers three apartment ownership units which include the roof floor (attic) of an apartment building, located in a highly valued area of Kadriorg district, in Tallinn.
  • The house renovation project is led by the borrower, who has previously raised capital twice on our platform, one of which has already been successfully returned to investors with accumulated interest (€ 490,000 + interest).
  • The loan will be repaid by refinancing or from the sale of the collateral within 12 months period.​
  • EstateGuru security agent will have the 1.rank mortgage on behalf of the lenders.
Interest Rate 12.0%
investments.main.credit.rating
Loan Period12M
LTV 72.0 %
Expires Funded
Investors211
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