What is Estateguru?
Estateguru is a property-lending platform based in Tallinn and operating since 2014, through which you lend to developers and businesses against mortgages on their real estate. Investors contract with Estateguru OÜ, an Estonian company licensed as a European crowdfunding service provider since May 2023. Estateguru has lent more than €970 million since 2014, and today it issues new loans only in Estonia, Latvia and Lithuania, per its statistics page.
The pitch is secured lending with a regulator behind it, and both parts hold. What the pitch leaves out is that the security was tested at scale once the loans Estateguru had made in Germany and Finland began to fail.
How does Estateguru work?
Estateguru arranges loans in which you lend directly to the borrower, under a loan contract of your own, with Estateguru acting as intermediary and as your representative. Your money waits in a payment account in the borrower’s name until the mortgage is in place, which the general loan terms require by the 15th day after the loan’s funding period, and only then reaches the borrower.
The loan is secured by a mortgage on the borrower’s property, registered in favour of a security agent that holds it for all the loan’s investors. Estateguru OÜ earns from fees on both sides of the loan, including fees on loans that are late or in recovery, set out under Conflicts of interest.
What you can invest in
Estateguru offers two kinds of investment in October 2026, with minimums from €50 to €100.
| Investment | What you own | Minimum |
|---|
| Loans, bought by hand or through Auto Invest | Your own loan contract with the borrower, secured by the security agent’s mortgage | €50 a loan |
| EG Grow | Loan contracts Estateguru concludes in your name at a fixed rate | €100, spread over at least ten loans |
Neither is a security. You hold the loan contracts themselves, so no prospectus describes them and no custodian holds them for you.
EG Grow pays up to 7% a year, monthly, from the interest on loans of up to 18 months that Estateguru picks for you, and only on the part of your money placed in a loan. Everything a borrower pays above that rate, including default interest, penalties and fees, goes into a contingency fund that tops up your interest when a borrower doesn’t pay. When I opened EG Grow in my account on 9 October 2026, its page promised the payout “even if the loan underperforms”. The EG Grow terms say the fund belongs to Estateguru, counts as Estateguru’s asset if Estateguru becomes insolvent, never covers principal and gives you no right to a payment, with Estateguru holding “absolute discretion” over any amount, including none. It held €81,773 against €4.7 million of EG Grow principal on 30 June 2026.
The same page listed EG Grow’s fees as “Net 7% return for investor, no additional fees”, while its key information sheet books the interest you give up as a cost of up to 10% of your investment a year, and the default interest as up to 32% a year.
What return can you expect on Estateguru?
While Estateguru’s statistics page gives a historical return of 9.21%, the median Estateguru investor on P2P Dash has earned 5.4% a year including cashback, across 169 portfolios, as of November 2026. Investors’ yearly median was 6.1% to 9.3% from 2017 to 2021 and has fallen every year since, to 1.4% in 2025 and −5.7% so far in 2026. Estateguru’s 9.21% doesn’t hold for its investors.
I expect a diversified Estateguru portfolio started now to return in the mid single digits a year, after fees, defaults and idle cash, before your own tax. A new portfolio holds none of the older loans whose defaults pulled the median down, and Estateguru reports the €290 million it has lent since 2023 as 96.6% repaid or on schedule, and a fifth of that money isn’t due back yet.
Of the five loans open in October 2026, the four on record were Baltic loans that offered 7.5% to 9% a year, after a spread of up to 2 percentage points that Estateguru keeps from the borrower’s rate. All four repay their principal at the end of the term. Three things come off that rate:
- a management fee of about 1% a year on performing loans
- cash that earns nothing while it waits for one of the few open loans
- the loans that default, whose money comes back only through a recovery
Estateguru’s EG Grow pays up to 7% a year from its loans’ interest, and only on money placed in loans. A fund Estateguru owns may cover missed interest at its discretion, never principal, as set out under What you can invest in.
Estateguru has the lowest Returns score of the 21 platforms I’ve reviewed, 1.0 out of 5. The score rests on what investors kept last year and this year, not on advertised rates and not on the risk of losing money, which Is Estateguru safe? covers.
Is Estateguru safe?
Estateguru protects your money against its own failure but not against a borrower whose property sells for less than the debt, and about one euro in five it has ever lent has defaulted. The protection on show is a first-rank mortgage on nearly all the property Estateguru holds as collateral, held for you by a security agent. A mortgage returns your money only as the property sells, after the costs and fees the terms put ahead of your principal, and Estateguru’s homepage says investors in its German loans “have incurred losses”. On 9 October 2026, 69% of the €187 million still lent through Estateguru wasn’t being repaid on schedule. The risk in the assets you hold remains fully yours.
Estateguru has the seventh-lowest Safety score of the 21 platforms I’ve reviewed, 1.6 out of 5. The score rests mostly on how Estateguru is built, with an EU licence, your cash kept apart from Estateguru’s own money at a bank and first-rank mortgages weighed against a loss-making operator, a contract that pays recovery costs and the platform’s fees before your principal, and a credit model its own default figures contradict. It rests partly on the record, with defaults on a fifth of all lending and capital losses in Germany. A Bank of Lithuania listing that Estateguru’s site footer claims and the Bank says ended in 2023 also counts against it.
Is Estateguru regulated?
Yes, Estateguru is regulated as a European crowdfunding service provider in Estonia. Finantsinspektsioon, Estonia’s financial supervisor, authorised Estateguru OÜ on 8 May 2023, and ESMA’s register lists the licence for every other EU member state. The licence brings the appropriateness test, a four-day reflection period on each investment for non-sophisticated investors, a key information sheet for each loan and a yearly disclosure of default rates. It covers how Estateguru runs its platform, not your loans, and Estateguru’s risk statement says no deposit or investment insurance or compensation scheme covers them. Estateguru is one of 6 of the 21 platforms I’ve reviewed licensed under the EU’s crowdfunding regulation, ECSP, as of September 2026.
Estateguru’s site footer still stated on 2 November 2026 that Estateguru Lietuva, UAB “is included in the Public List of Operators of Concentrated Financing Platforms administered by the Bank of Lithuania”. The Bank of Lithuania’s notice of 24 July 2025 says it removed that company from the list at its own request on 19 July 2023 and that the company’s activities aren’t supervised. A regulatory claim that the regulator contradicts in writing counts against Estateguru’s Safety score.
The key information sheets for EG Grow and Auto Invest that Estateguru generated for me on 9 October 2026 still named Mihkel Stamm as chief executive. Estateguru OÜ’s 2025 annual report records that he left that post and the board in 2025, and Daniil Aal signed Estateguru’s September 2026 overview, published on 15 October 2026, as its CEO.
What happens if Estateguru fails?
Your loan contracts on Estateguru stay yours if Estateguru itself fails, because the user terms say its bankruptcy doesn’t affect the loan documents. Your uninvested cash sits on an account at AS LHV Pank that Estateguru holds apart from its own money, and the same terms have Estateguru transfer it to your bank account if it fails. Estateguru OÜ’s audited accounts carried €1.2 million of investor cash off its balance sheet at the end of 2025. That protects your idle cash, not your loans.
Who would service your loans after a failure is less settled. The terms hand that to “a third party appointed by the Platform Operator” and name none, and Estateguru’s risk statement says only that contingency plans are in place for a third-party administrator. The terms also exclude Estateguru’s liability for losses from a bank’s insolvency, the bank that holds your cash included, and EG Grow’s contingency fund counts as Estateguru’s own asset in an insolvency.
The company you contract with, Estateguru OÜ, lost €553,000 in 2025 on revenue that fell 16% to €6.2 million, and its accounts note that a going-concern risk may exist, adding that the owners are ready to support the company if needed. Its working capital was negative by €377,000, and its cash had fallen from €857,000 to €146,000 during the year.
Estateguru OÜ’s auditor, Rödl Audit, qualified the 2025 opinion on two points. The larger one concerns €1.85 million of capitalised software, 82% of the company’s assets and more than its equity of €1.54 million. The auditor couldn’t determine whether that software is impaired, or obtain evidence that the €197,000 of it bought from a related party in 2025 actually took place. The smaller point concerns employee share options booked at €1 each, on which KPMG had qualified the 2024 accounts before the auditor changed.
The group’s audited consolidated accounts end with 2024, when a €4 million share issue lifted its equity back above zero. For 2025 the holding company filed only an unaudited standalone report, and Estateguru’s annual-reports page offers it under the line that the reports “are independently audited by some of the world’s leading auditing firms”. The audited 2025 accounts of Estateguru OÜ are published only in the Estonian business register.
Borrowers
Estateguru’s borrowers are property developers and other businesses that borrow against real estate, and none of them belongs to Estateguru’s group. Each open loan’s page names the borrower company and its record on the platform. About half of the money still outstanding sits in Germany and Finland, where Estateguru no longer lends. On 8 October 2026, Germany held €68 million of it, Lithuania €35 million, Estonia €33 million, Latvia €28 million and Finland €24 million, per the statistics page.
On 9 October 2026, an open Estateguru loan’s page offered its key information sheet with the borrower’s financial figures, two appraisal reports and the loan request with the mortgage amount, all before investing. A fully funded loan’s page the same day showed its details only to the loan’s investors.
Mortgage
Estateguru’s protection is a mortgage on the borrower’s property, registered in favour of Estateguru tagatisagent OÜ, the security agent that holds it for all the loan’s investors. In November 2026 Estateguru reported 98% of the €409 million of collateral it holds as backed by a first-rank mortgage. Estateguru has no buyback obligation, and its help centre answers the question “Do you offer a buy-back guarantee?” with one word, “No.” Some loans also carry a personal guarantee from the borrower’s owner, decided loan by loan.
Under the general loan terms, the borrower owes the agent a mirror of everything it owes you, so the mortgage legally secures the agent’s claim, and your protection depends on the agent passing the proceeds on, after the costs and fees set out under Conflicts of interest. Behind that structure stands an agent with €2,500 of share capital and no employees. Once a loan defaults, your claim can be assigned to the agent, and from then on your right against it is limited to what it actually collects.
Estateguru’s risk statement caps loans at 75% of the property’s value, and its outstanding loans averaged 63% on 8 October 2026. On a loan paid out in stages, you accept that the loan-to-value rises as later stages are funded.
Estateguru risk categories
Estateguru rates each loan with its own risk category, on a scale from Aaa for the lowest risk down to C. It sets the category with a Moody’s Analytics model and its credit committee, and publishes every year how often each category’s loans defaulted. Its 2025 figures show the model far off. Loans rated A3 were expected to default at 0.03% and defaulted at 16.67%, and loans rated Baa3 were expected at 0.31% and defaulted at 9.09%. Loans rated Ba1, four steps below A3, defaulted at 1.48%, and in 2025 A3 had the highest default rate of any rated category.
On the open loan I examined on 9 October 2026, the borrower company’s own credit score was Ba3 while the loan was rated Baa1. The company had never repaid a loan on Estateguru, and the loan could go ahead with €5,000 of its €143,536 target raised.
Defaults and recovery
About €208 million of the €970 million Estateguru has lent since 2014 has been through default, roughly one euro in five, by the per-vintage table on its statistics page on 9 October 2026. Loans made in 2021 came to €203 million, and €62 million of that, 31%, was in default, with a further €7 million already written off. The 2022 loans, €183 million, had €45 million in default. Counted by number of loans, as the crowdfunding rules require, the default rate was 27% in 2023 and 20% in 2025.
The loans made since 2023 have done far better by Estateguru’s own account. Its September 2026 overview reports the €290 million lent since 2023 as 96.6% repaid or being repaid on schedule at the end of September, with €9.6 million non-performing.
The statistics page doesn’t open on these figures. Its first bar shows only the four markets its default filter labels active, Estonia, Latvia, Lithuania and Portugal. On 8 October 2026 that bar showed 3% of the money in recovery and €396,000 written off. It leaves out Germany, Finland, Spain and Sweden, the €204 million lent in markets where Estateguru no longer lends. The page’s outstanding-portfolio tab shows the whole book. On 9 October 2026 it carried €187 million, of which €58 million was being repaid on schedule. The other €129 million, 69%, was late, in recovery or partly recovered. That included all €92 million still outstanding in the markets the bar leaves out, which Borrowers breaks down by country, and €37 million in the four it shows.
Estateguru lent about €104 million in Germany, where it operated from 2020 to 2022, and paused new German loans in January 2023, when 38% of the German loans still outstanding were in default. At the same time it announced an investigation into possible violations of its internal rules by members of its German team in 2020 and 2021, and when I searched on 20 October 2026, I found no published outcome on its own channels or in the trade press. Ten German loans had reached a final resolution by July 2026, with three or four more expected in the second half of the year. The 2025 accounts of Estateguru OÜ say the German resolutions in early 2026 brought investors capital losses.
Estateguru has recovered €70 million of principal since it began, €7.5 million of it in 2025 and €6.3 million in the first half of 2026, and €0.33 million came back from non-performing loans in September 2026. Its mid-2026 update calls demand for collateral in Germany “unfortunately low, which also brings capital losses”. Loans that came back through recovery returned 4.61% on average as of 2 November 2026, a figure that counts only the cases that have ended.
Estateguru’s own stress test of June 2026 puts the principal investors could lose on its book at €7.5 million in an optimistic scenario and €74 million, 38% of it, in a conservative one, which it calls a modelled worst case, not a forecast. Net of interest already paid, it puts the loss at €0.3 million to €19.9 million. The terms also let Estateguru sell your claim to a third party at a price that may be lower than the loan amount, “resulting in a loss of capital to the Investor”. Estateguru sold three Lithuanian claims with a total value of €5.3 million in 2025, with payment due in autumn 2026.
Conflicts of interest
Estateguru has six conflicts of interest with its investors, set out in its terms, its conflicts-of-interest policy and its accounts.
- Estateguru earns almost half its revenue from loans that go wrong. In 2025, fees for extending, managing and enforcing late loans, and penalties, made up €2.9 million of Estateguru OÜ’s €6.2 million revenue. A platform paid that way isn’t an independent judge of how fast late loans should be resolved.
- On loans made since 10 October 2022, investors pay for recovering a defaulted loan. The user terms of that date, introduced three months before the German pause, added a realisation fee of 10% of the unpaid principal, a 25% premium on every enforcement cost and a 3% yearly fee if the security agent takes over a property. Investors owe the realisation fee when enforcement begins, and Estateguru claims it from the borrower on their behalf or, where the borrower doesn’t pay, deducts it from the recovered money before it reaches them. Loans made under the July 2020 terms, still in force in July 2022, carry none of these charges. Under the current terms the platform also keeps half the default interest a borrower pays, as payment for its collection work.
- The platform’s costs and fees are paid before your principal. Under the general loan terms, money recovered from a borrower goes first to collection costs, then to the platform’s and the agent’s fees, then to default interest and interest, and only fifth to the principal you lent. On a sale that recovers less than the debt, that order decides how much of the shortfall is yours.
- Estateguru acts for you in a recovery, irrevocably. You may not contact the borrower, the guarantor or the owner of the collateral, or start enforcement yourself, and Estateguru isn’t obliged to follow investors’ instructions. The loan terms make its authorisation to act for you irrevocable “notwithstanding any potential conflict of interests”. The one lever you keep is demanding that recovery start once two months have passed since the principal fell due with no recovery action communicated.
- Estateguru can change its terms by publishing them. New user terms take effect when published, and refusing them can bar you from new investments, while each loan stays under the terms it was made under. You can close your account only once you hold no live loans.
- Some loans reach other investors first. Estateguru’s conflicts-of-interest policy says some loans are funded wholly by Auto Invest and some only by institutional investors, partly outside the platform. Investors with more than €100,000 invested can mark their interest in loans before they’re published, as Estateguru Premium members.
How do you use Estateguru?
You use Estateguru in five steps, from signing up to choosing how your money is invested.
- Sign up as a private investor with your email address and phone number, and confirm each with a code.
- Enter your address and answer the EU appropriateness questionnaire about your investing experience.
- Verify your identity with Onfido, which Estateguru requires before you can invest.
- Add money in euros by bank transfer from an account in your own name to the virtual IBAN at LHV Pank that carries your name.
- Choose how your money is invested, by hand loan by loan, with an Auto Invest strategy or through EG Grow.
Estateguru is tied for the second-lowest Usability score of the 21 platforms I’ve reviewed, 3.0 out of 5. The score rests on Estateguru’s custom Auto Invest strategy, which filters loans by rate, term, loan-to-value, country, loan type and mortgage rank, and on the income and investment statements you can generate for your tax return. Against it count an Auto Invest that can’t be set below 60% loan-to-value, an inactivity fee that reaches accounts whose only money comes from recoveries, and support that investors’ published complaints describe as slow and templated.
Opening an account
Estateguru verifies your identity through Onfido before you can invest. I registered on 8 October 2026, and the account was verified 12 minutes after I started, after an email code, a phone code, the appropriateness questionnaire and the automated Onfido check. The questionnaire classed me as a non-sophisticated investor, which gives me four days to cancel each investment, and the loss-bearing calculator put my capacity at 10% of my income and liquid assets minus my commitments.
Deposits
Depositing on Estateguru is free by bank transfer, in euros, to a virtual IBAN at AS LHV Pank that carries your name. Bank transfer is the only way to deposit. When I opened the wallet on 9 October 2026, without depositing, it showed a virtual IBAN with my name as recipient and said processing is near-instantaneous, as long as the transfer comes from an account in my name. Money sent to an IBAN from before Estateguru’s August 2026 move to LHV isn’t processed.
Auto-invest
Estateguru has two kinds of auto-invest, Auto Invest, which follows a strategy, and EG Grow, where Estateguru picks the loans at a fixed rate.
| Way of investing | Who picks the loans | Limit per borrower | Getting out before maturity |
|---|
| Buying by hand | You, one loan at a time | Your own choice | The secondary market |
| Auto Invest | Estateguru, by the rules of a ready-made or custom strategy | €50 a loan in Balanced, or a limit you set per project and per borrower in a custom strategy | The secondary market |
| EG Grow | Estateguru | Spread over at least ten loans | None |
Auto Invest offers two ready-made strategies, Balanced and Conservative, and a custom one, and it takes priority over investors buying by hand when a loan is filled. When I looked through the strategies on 9 October 2026, without setting one up, Balanced accepted loans up to 90% of the property’s value, second-rank mortgages, refinancing loans and loans paid out in stages, against the 75% cap in Estateguru’s risk statement. Conservative kept to the Baltics and 67.5%. A custom strategy filters by rate, term, loan-to-value, country, loan type, mortgage rank and repayment schedule, and can leave out refinancing and staged loans, but its loan-to-value limit can’t be set below 60%.
Tax reports
Estateguru gives you an income statement and an investment statement for your tax return, which you generate on its reports page for periods of up to three years. Older periods go through customer support. On 9 October 2026, my reports page also offered an account statement by date range and payment type, and the dashboard broke the net annual return down into interest, bonuses, secondary-market gains, penalties and each fee.
Support
Estateguru’s support runs through the chat widget on its site, which its help centre calls the official channel for questions about your account and loans, a channel no support contact of mine has tested. The help desk answers on weekdays from 9:00 to 17:00 Estonian time, and Estateguru also lists an email address and a phone number on its contact page.
How fast can you get your money out of Estateguru?
You can withdraw cash from Estateguru for €3 a withdrawal, to a bank account in your own name that takes one to two working days to verify the first time. Invested money comes out as each loan repays. Estateguru’s secondary market, the only way to sell a loan before then, closed on 5 August 2026, and Estateguru had announced no reopening by 2 November 2026. Money in EG Grow can’t be withdrawn or sold before its loans end. Money in a loan that has defaulted waits on its recovery, which for the German loans of 2020–22 was still running in 2026.
Estateguru is tied for the lowest Liquidity score of the 21 platforms I’ve reviewed, 1.5 out of 5. The score rests on Estateguru’s published terms, since my account has held no money, and on the closure of its only way out before maturity on 5 August 2026, with no reopening announced by 2 November 2026, under terms that let Estateguru suspend it at any time.
Withdrawals
Estateguru withdrawals cost €3 each and go only to a verified bank account in your own name. Before the first one you add that account, and Estateguru’s withdrawal page, which I opened without funds on 9 October 2026, says verifying it may take one to two working days. Estateguru and Go & Grow are the only 2 of the 21 platforms I’ve reviewed that charge for withdrawals, as of September 2026.
Secondary market
The Estateguru secondary market, which Estateguru calls Trade, is where you sell your loans to other Estateguru investors before they mature, for a 1% fee paid by the seller. Estateguru closed Trade on 5 August 2026 for its move from Lemonway to LHV Pank, which its blog called “planned and temporary”, and had announced no reopening on its blog or help centre by 2 November 2026.
When I opened my dashboard on 9 October 2026, its first line was a banner saying Trade was temporarily unavailable because of the change in payment provider and that previous open transactions had been cancelled. On 22 October, Trade’s buttons said the feature wasn’t available for my account. The user terms let Estateguru suspend or withdraw Trade at any time at its own discretion, and a loan you buy there can’t be resold for 30 days. Instant Exit, the platform’s other way out, ended in April 2024.
Investors sold €5.4 million of loans on Trade in 2021, 27% of it at a discount, and €2 million in 2026 until the closure, 74% of it at a discount, per the statistics page. Trade was a thin market even before it closed.
Closing your account
You can close your Estateguru account only once you have no live loan agreements, under its user terms. Money in a defaulted loan therefore keeps the account open until its recovery ends, and EG Grow money stays locked until each loan repays or its remaining claims are written off.
What fees does Estateguru charge?
Estateguru charges no fee to deposit by bank transfer or to invest, but takes a monthly management fee from what your performing loans earn. Withdrawals cost a fee except during the seven days’ notice Estateguru gives before each inactivity charge. A sale on the secondary market is a charge you choose, and the inactivity fee is the one Estateguru charges for doing nothing. Estateguru is one of 6 of the 21 platforms I’ve reviewed that charge an inactivity fee, as of September 2026.
Estateguru fees and costs | Deposit fee | Free by bank transfer to a virtual IBAN at LHV Pank that carries your name · EUR only |
| Investment fee | 0.083%/month assets under management fee on performing principal, about 1% a year, capped at €100 a month and at 25% of that month's returns · investing itself is free |
| Early exit fee | 1% secondary market fee, paid by the seller · market closed on 5 August 2026 · EG Grow investments can't be sold at all |
| Withdrawal fee | €3 per withdrawal to a verified own-name bank account |
| Currency conversion | EUR-only platform |
| Inactivity fee | €10/month after 12 months without a new investment, rising to €50/month after a further 12 · charged on accounts whose only balance is recovered money |
| Withholding tax | 0% the platform withholds nothing, you declare the interest yourself |
The fee that matters most isn’t in the table, because it’s contingent. When a loan you hold goes into enforcement, the platform’s half of the default interest and, on loans made since October 2022, a realisation fee and a premium on enforcement costs come out of the proceeds before your principal.
The inactivity fee starts after twelve months without a new investment and rises after a further twelve, and it is charged on any money in your account, including small sums coming back from a loan in recovery. Where your balance is smaller than the fee, the fee takes all of it. The help centre names two ways to avoid it, a new investment or a withdrawal that brings your balance to €0.00 within the seven days’ notice it gives before each charge, when withdrawals are free, and it lists no exemption for accounts whose loans are in recovery. Emptying the balance within each notice keeps an account whose only money comes from recoveries from paying the fee.
Pros and cons
What Estateguru does well
- Estateguru's loans are secured by mortgages on the borrowers' property. In November 2026 Estateguru reported 98% of the €409 million of collateral it holds as backed by a first-rank mortgage, held for the investors by a security agent. Its borrowers are developers and businesses outside its own group.
- Estateguru keeps your uninvested cash apart from its own money, at a bank. Deposits go to a virtual IBAN at AS LHV Pank that carries your name. Estateguru OÜ's audited 2025 accounts keep investor cash off its balance sheet, €1.2 million of it at the end of the year.
- Estateguru lets you read an open loan's documents before you invest. On 9 October 2026, an open loan's page offered its key information sheet, two appraisal reports and the loan request with the mortgage amount, and the information sheet gave the borrower's financial figures.
Where Estateguru disappoints
- Money in a defaulted Estateguru loan comes back only as the property behind it sells. German loans that defaulted from 2022 on were still being resolved in 2026, and Estateguru's 2025 accounts say those resolutions brought investors capital losses. On 9 October 2026, Estateguru's statistics showed €129 million of the €187 million still lent through it as late or in recovery.
- Estateguru closed its secondary market on 5 August 2026 and had announced no reopening by 2 November 2026. The move to a new payment provider shut it and cancelled open sell orders. EG Grow investments can't be sold at all.
- Estateguru's terms pay recovery costs and the platform's fees before your principal. Collection costs, the platform's and the security agent's fees, default interest and interest all come first, so a sale below the debt leaves the shortfall with you. Newer loans add an investor-paid realisation fee of 10% of the unpaid principal.
- Estateguru OÜ, the company you contract with, lost money in 2025 and notes a going-concern risk. Its loss was €553,000 on revenue that fell 16%, and its cash fell to €146,000. Most of its assets are capitalised software whose value its auditor couldn't confirm.
- EG Grow's 7% has only a fund that belongs to Estateguru behind it. The fund pays at Estateguru's absolute discretion, never covers principal and counts as Estateguru's asset if Estateguru becomes insolvent. Estateguru's statistics showed €81,773 in the fund against €4.7 million of EG Grow principal on 30 June 2026.
Who should use Estateguru?
Estateguru suits only investors who lend on recent Baltic loans with first-rank mortgages and can leave the money untouched for years.
Estateguru suits:
- Investors who keep to Baltic loans issued since 2023 with first-rank mortgages, through their own Auto Invest strategy set well under 75% loan-to-value
- Investors who can hold every loan to maturity and leave a defaulted one untouched for years
- Investors who read a loan’s appraisals and the borrower’s financial figures before they invest, which Estateguru shows for open loans
- Investors who want their uninvested cash kept apart from the platform’s own money at a bank
Avoid Estateguru if you are:
- Likely to need your money before a loan repays, because the secondary market closed on 5 August 2026 with no reopening announced by 2 November 2026, and a defaulted loan’s money comes back only as its property sells
- Counting on the mortgage to return your principal in full, because recovery costs and the platform’s fees are paid first and Estateguru’s German resolutions brought investors capital losses
- Expecting a financially sound operator, because Estateguru OÜ lost money in 2025 and its accounts note a going-concern risk
- Reading EG Grow’s 7% as a guarantee, because the fund behind it belongs to Estateguru and pays at its discretion
