My opinion on EstateGuru
EstateGuru’s pros & cons
- Large loans volume
- Long history of successfully reimbursed loans
- No secondary market
Unlike what the platform’s name implies, EstateGuru‘s loans aren’t all real-estate related. Many of them are also used to finance businesses.
Overall, they have rather diverse purposes, such as :
- development loan
- business loan
- bridge loan
- reconstruction loan
Loans durations are usually above one year; their yearly interest rate is around 11%. While the financed amounts vary greatly, they recently ranged from €25 000 to €440 000.
For investors with large amounts available, a 1% bonus is available for selected loans when the invested amount is above a given threshold (usually €10 000 or €20 000).
There’s no buyback guarantee. However, EstateGuru‘s website lists a long string of successfully repaid projects. As I’m writing this article, there were 184 repaid loans, 4 defaulted ones and 1 recovered. The recovered loan didn’t incur any loss for investors. On the other hand, as the public auction is still being set up by the bailiff’s office, we don’t know what the outcome for the defaulted loans will be.
Investors who are curious to know what happened when a loan defaults should read their blog post about their first defaulted loan.
For some reason, if you choose to invest less than €250 per loan, you don’t have access to detailed criteria; you can only choose the maximum loan duration. Otherwise, you will be able to use many criteria including interest rate, LTV, loan type and loan security type.This restriction will unfortunately force most investors to invest manually.
Website’s ease of use
English, Estonian, Latvian, German, Italian
Website’s design and ergonomics
Actual performance of my EstateGuru portfolio
EstateGuru’s facts and figures
Number of investors15 481
Loans amount financed€ 80 434 507
Who can invest
Please note that this review may contain affiliate links. It means that I will earn a commission if you decide to invest after clicking through the link – at no additional cost to you, of course -. Please understand that I have experienced all of these companies, and I recommend them because they are helpful and useful, not because of the commissions I make if you decide to invest through my links.