DebtResidential - Single family house
Target € 75,000
Minimum Amount € 75,000
Minimum Investment € 50
€ 75,000 raised, 100%
100.0% Complete (success)

Ravila 17 Bridge loan

  • The loan is used for Nõmme development project preparation and the pre-sale period of the new apartments. The loan is also used for refinancing the current outstanding loan on EstateGuru platform.
  • The property offered for collateral has the building permission, issued by the Tallinn City Planning Department, allowing to reconstruct existing building to exclusive residential building.
  • The loan will be repaid from the sale revenues or the loan will be refinanced from a credit institution.
  • EstateGuru security agent will have the second rank mortgage on behalf of the lenders.
  • The CLTV (Cumulative LTV) is 49%
Interest Rate 10.25%
Loan Period12M
LTV 49.0 %
Expires Funded
Investors168
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