It's handled like a scam:
- several of the loans got bankrupt or its getting several years of reimbursement, altought the theoretical protection (collaterals/etc..). So the company just didn't have enough expertise in the sector, or it's a half scam
- when you finally get some money back from all these "in recovery" loan, you have to withdraw them ASAP, otherwise you pay a 10€/month fees
- but recently they've introduced a fee for eachwithdraw. This fee was NOT declared since the beginning, they've just added it later, when money was locked into loans
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Estateguru is Europe’s leading real estate investment platform, offering property-backed loans to small and medium-sized businesses, while providing attractive returns for thousands of investors who fund these loans.
By connecting developers with investors, Estateguru helps bring to life real estate projects that make our living environments more modern, energy-efficient, and welcoming to live and work in.
To date, the platform has facilitated over 7,000 projects with a total funded volume exceeding €850 million. More than 160,000 investors from over 100 countries have joined the platform, with an average historical return of 10.17%.
Estateguru is licensed under the European Crowdfunding Regulation.See more