General Information

  • IRR%: 11
  • CoC%: -
  • Minimum: 50 EUR
  • Type: -
  • Asset: -
  • Investors: 912
  • Start Date: 2018-10-22
  • End Date: 2019-02-05
  • Target: 200k EUR
  • Completed: 100%

Additional Information

  • Latvia

Executive SummaryLoan TermsThe loan is used to continue construction works.The loan will be repaid by refinancing with a long-term bank loan.The loan is secured with a first rank mortgage. Member of the management board of the borrower will provide a personal surety in the full mortgage amount.The building will have a multifunctional purpose with 3 functions and separate entrances and elevators: private clinic, residential apartments and suite apartments.The borrower is a well-known real estate construction expert with international experience. The collateral is located about 7 km from the Freedom Monument.Next to collateral, leading residential company Bonova has developed a multi-residential apartment house and sold all the apartments - https://www.bonava.lv/dzivokli/riga/kengarags/pru-iela-4b-i#images 

Project offered by

EstateGuru

EstateGuru is an international marketplace for secured property loans. Our more than 17500 investors earn up to 12% p.a! #fintech #proptech

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