Since the beginning of EstateGuru, already 367 projects with a total sum of €60 094 383 have been funded on the platform. All these projects have been done in 5 countries: Estonia, Latvia, Lithuania, Finland and Spain. In the following blog article, we give an overview of the EstateGuru loan portfolio in a short and informative analysis.
In the years since the beginning of EstateGuru, we have faciliated loans in 5 different countries, with Finland and Spain recently added. In that time, over 200 borrowers have seeked financing from us and we have funded more than 300 loans with the help of our investors. One might ask, what makes the borrower prefer EstateGuru over other financing options? To find the answer to this question, we asked Alo Arumäe, the developer of the Jõe 2b (3 stages, €321 000, project repaid) and Pärna 33a projects (5 stages, €900 000), what made him choose EstateGuru and how have his projects gone so far. See more below.
Estateguru investors have opportunity to invest not only in Estonian, but also Latvian and Lithuanian projects. While operating in Latvian market (almost 2 years already), we have funded almost 3 000 000 EUR for perspective new projects and businesses and our team is continuing to work actively to offer more investment opportunities in all the Baltic States.
In order to promote understanding of the market situation in Latvia, in this blog post we have compiled statistical information on current developments in the residential housing stock in the capital city of Riga, as well as have learned from experts in real estate about the crowdfunding trend to date and it’s future in Latvian market.
As of now, EstateGuru’s investors have the opportunity to diversify their investments between three countries the firm operates in – Estonia, Latvia and Lithuania with the following destinations already under preparation. In order to raise our investors’ awareness of our operating markets and the respective real estate market, EstateGuru is hereby providing you with an overview of the latest addition to our operating countries – Lithuania!
EstateGuru has taken possession of its first defaulted loan’s collateral and has started the sales process to regain investors’ funds. Continue Reading