Residential – Appartments

To see more information, please login

Videviku road refinancing loan

Share on:

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.

Learn more

Investment goal:
40 000 €

Funded:
40 000 €

Funded percent:
100.0%

Country:
Estonia

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?