DebtResidential - Appartments
Target € 182,000
Minimum Amount € 175,000
Minimum Investment € 50
€ 179,033 raised, 98.4 %
96.15384615384616% Complete (success)
2.2159340659340643% Complete (success)
Minimum Amount

Kr. Valdemara 34 purchase loan

  • The loan is used to purchase 2 apartments in Riga city center, to divide them into smaller apartments and sell them at a profit.
  • As a loan collateral, the company offers 2 apartments in Riga city center.
  • EstateGuru security agent will have the first rank mortgage on behalf of the lenders
  • The loan is repaid from the sale of the apartments within 24 months.
  • LTV (Loan-to-Value) ratio is 73%
  • Member of the Board of the Borrower is providing the personal guarantee in full mortgage amount.
  • The borrower is adding 1% bonus annual interest for investors committing more than €10,000 (12%).
Interest Rate 11.0%+1.0%
investments.main.credit.rating
Loan Period24M
LTV 73.0 %
Expires Funded
Investors402
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