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

Soku development loan 2. stage

  • The loan will be used for completing the construction of a private house at Uuesalu village, Rae parish, Harju county.
  • As a loan collateral, company offers a property at Uuesalu village, Rae parish, Harju county.
  • EstateGuru security agent will have the 1. rank mortgage on behalf of the lenders.
  • The loan will be repaid by the sale of the property within 12 months period.
  • The borrower has previously raised capital from EstateGuru platform for Ilvese road development project and Metssea road 1 development project which to date has been wholly returned.
  • LTV (loan to value) ratio, including all stages of the loan, can be up to 68%
  • Member of the board of the borrower will provide a personal guarantee in the full mortgage amount.
Interest Rate 9.0%
investments.main.credit.rating B
Loan Period12M
LTV 67.0 %
Expires
Repaid
Actual Return 9.0%
Investors480
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