Last week, EstateGuru Co-founder and CEO Marek Pärtel and Business Development Manager Daniil Aal took part as members of the Estonian business delegation accompanying the Estonian Prime Minister Jüri Ratas in his visit to Dublin. EstateGuru has been preparing the market entry to Ireland for last 12 months and hopes to launch its first investment opportunity soon. Continue reading “EstateGuru is close to opening the Irish market in the near future”
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!
Similar to last year, EstateGuru made a charitable project at Christmas to help the least privileged families. The Nida bridge loan helped fund buying Christmas gifts for children that are raised as orphans by their grandparents.
On the current real estate market, it is quite hard to achieve a situation where it is possible to use the funds gained from the sale of a property immediately with the goal of financing the purchase of new real estate. It is common that the dates just don’t match and the sale of the old property takes more time than predicted. An even more difficult situation occurs when a person wishes to buy a new property before the sale of the old property is completed. In this situation, it is wise to use a bridge loan to cover the gap between the two dates and find a solution. This article will give further details about the uses of a bridge loan. Continue reading “When to use a bridge loan?”