Residential – Appartments

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Videviku road refinancing loan

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Product Description

  • The loan is used to refinance an outstanding EstateGuru loan and to extend the loan period.
  • As a loan collateral, the company offers 5 apartment ownerships in the centre of Tallinn, in "New World" (Uus-Maailm) district,
  • EstateGuru security agent will have the 2. rank mortgage on behalf of the lenders
  • The loan will be repaid from accommodation service sales revenue or by refinancing with a long-term bank loan in the 18 month period.
  • CLTV (Cumulative Loan-to-Value) ratio is 49%
  • Member of the Board of the Borrower is providing a personal guarantee in full mortgage amount.

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Investment goal:
40 000 €

40 000 €

Funded percent:


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