DebtLand
Target € 57,000
Minimum Amount € 57,000
Minimum Investment € 50
€ 57,000 raised, 100%
100.0% Complete (success)

Tiskre residences development loan I

  • The loan will be used to release equity for the development preparation period (preparation of a development project, projection, and for the process of obtaining a building permit).
  • The loan is secured by the residential land plot (with a detailed plan for a residential development), in Harju County, Tiskre village.
  • The development of the road network has been completed and there is a central technical network available.
  • The sales of the project have already started. The development website www.tiskreresidentsid.ee is published and UusMaa Kinnisvarabüroo has been selected as the sales partner.
  • The loan will be returned from refinancing by equity investor, after the issuance of a building permit in 12 months period, by selling the development project or from the incoming revenues from the pre-sale of the plot.
  • The EstateGuru security agent will have the 1st rank mortgage on behalf of the lenders.
Interest Rate 11.0%
Loan Period12M
LTV 58.0 %
Expires Funded
Investors244
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Tiskre Residentsid