- +12% in return annually
- 38.000 investors have already joined the platform
- Invest in European real estate
EstateGuru Promo code: Get +1% extra in return on your first investment at EstateGuru 😎
(Valid till 30/4 2020)
My personal Estateguru review 2020
EstateGuru is a very interesting real estate crowdfunding platform with many great investment opportunities in Europe.
My Estateguru review is updated ongoing to make sure it’s accurate.
Let’s take a closer look 😊
What is Estateguru?
Estateguru is a very popular and well-known real estate crowdfunding platform. The ambition is to become Europe’s largest cross-border marketplace for property-backed loans.
The platform was founded in 2014 and offers good investment opportunities in Europe. Right now you can invest in real estate from Estonia, Latvia, Lithuania, Finland, and Spain.
Right now they are the leading European marketplace for short-term property-backed loans.
The company has a head office located in Estonia and representative offices in Latvia, Lithuania, and the UK. They are on a mission to expand the platform with real estate in the UK, Ireland, and Portugal.
EstateGuru is owned by co-founder and CEO Marek Pärtel, CRO Kaspar Kaljuvee and CFO Marko Arro.
Furthermore, they have 30 employees in the company.
What kind of returns can I expect?
The average annual return at Estateguru is +11,89%
You can expect that most projects give around 10-13% in return. If you use the promo code, then you get +0,5% extra.
Estateguru states that they have paid more than 11,675,000 euros in interest to the investors. Amazing!
5 quick facts about Estateguru
- +38000 investors have joined the platform from 106 countries worldwide.
- All loans are in real estate in Europe. Most from Estonia and Latvia.
- The average loan to value (LTV) is 58.13% and they have funded more than 1188 loans.
- No buyback guarantee but the default rate is almost 0%. It’s very impressive.
- 0% loss of capital.
Who can invest?
Everybody with a bank account from Europe (also Norway, Iceland, Liechtenstein or Switzerland) can use the platform.
You must be at least 18 years old.
The signup process
They have a little longer validation process (“know your customer” checks) than normal, but it’s easy to do.
When you sign up you first need to provide basic information about yourself (email, phone number, and password).
After validating your email address, you can log in but you will also receive an SMS as they will validate your mobile number.
You can now move around on the platform and see the content. However, you must go through a validation process again before you can invest funds.
The requirements are:
- One of the identification documents: ID card or passport
- A webcam to take a picture of your face
- Modern website browser
I think it’s very good and shows high credibility that they expect validation of the users of their platform from the start.
How to transfer money to Estateguru?
You have several options to transfer money to the platform but the first deposit must be from your personal bank account (SEPA payments). They need to verify it.
Personally, I also use Transferwise for EUR transactions to lower the cost. You can use third-party service providers such as Lemonway, Trustly, and Paysera.
The Estateguru platform
The platform is very simple and easy to understand. You must sign up to move around on the platform.
Estateguru has chosen to change its logo and design. Previously, it was green, but after 5 years they would like to update their brand and platform.
Notice that the website is not .com but estateguru.co
Investment opportunities
EstateGuru lets you invest in loans to property developers and entrepreneurs in real estate.
Most often, they offer mortgages. Borrowers come from Estonia, Latvia, Lithuania, Finland, Spain, and Ireland. 67% of the loans are in Estonia.
The loans on the platform have no buy-back guarantees but all loans are secured with a first-rank mortgage (physical security).
The default rate is almost 0%. I’m very impressed with this statistic.
They have funded +1188 loans and only 4 are in default.
Unfortunately, there is no secondary market where investors can sell investments internally.
The investment opportunities are mostly short to mid-term (on average 14.3 months) and the interest rate offered is up to +12%.
You must invest a minimum of 50 EUR in a loan which is reasonable.
No risk rating is available, but they provide great information about the investment:
- The loan
Funding target
Loan purpose
Interest rate
Loan repayment strategy
Loan period
The manner of the repayment and interest payment
Secured loan
The mortgage - The property
Type
Land purpose
Detail plans
Neighborhood
Ground area
Address
Valuator etc. - The borrower
Company name
Commercial code
Contact person
Address
Email
On EstateGuru is the availability of loans is fine. 5 investment opportunities last time I checked.
They also have an auto-invest tool to make it easy.
They send no information to any Tax Agency or deducts taxes. You must do it yourself in your country.
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