Land

  • zoom

  • Warning: Division by zero in /homepages/19/d637989628/htdocs/clickandbuilds/HighCastle/wp-content/themes/interiart/woocommerce/single-product/product-image.php on line 64
  • zoom

Land

Originator: estateguru

Veskimöldre terraced houses bridge loan I

Categories: , ,
Share on:

Product Description

  • The raised capital will be used to acquire 2 residential land plots with a construction right for terraced houses. The funds are also used for development preparation period as well as to start the first construction works.
  • As a loan collateral, the borrower offers the purchasable 2 land plots (land plots with a construction right for terraced houses) in the Veskimöldre area, Laagri.
  • The borrower has a long-term experience in real estate development.
  • The borrower will be paying monthly interest payment partially, meaning that 50% of the amount is paid monthly and 50% will accumulate to the end of the loan term period.
  • The loan will be refinanced with the bank's construction loan in 12 months term.
  • EstateGuru security agent will have the 1.rank mortgage on behalf of the lenders.
  • The borrower's parent company guarantees the loan's interest payments (including the possible penalties and compensations) and the loan's principal amount is guaranteed by the seller's repurchase obligation.
  • The borrower is adding 1% bonus annual interest for investors committing more than €10,000 (12%).

Learn more



$0.00
Funded: 250 000 €
Funded percent: 100.0%

HighCastle is entirely FREE to use. If you are an investor, HighCastle can be used to discover a variety of alternative finance platforms from across Europe.
You do not need to verify your identity in order to use HighCastle as a discovery tool, however, you will need to verify your identity (KYC, AML) at your account page should you wish to invest in any of the investment opportunities on display.

Got something to discuss?