Estateguru historical statistics
Since founding Estateguru in 2014, we've helped property developers all over Europe borrow money quickly and easily, giving them access to reliable capital when they need it most. In parallel, our investors have earned market-leading returns on short-term property-backed loans.
€964,020,188
Total amount funded
Average loan to value (LTV)
Number of loans funded
Average loan size
Historical return
Average loan term of issued loans
Average loan term of repaid loans
Loan portfolio
Our markets are categorised into active, non-active, and closed. We currently issue new loans only in our active markets—Estonia, Latvia, and Lithuania—where we focus on credit quality and growth.
In inactive markets like Finland, Germany, and Portugal, our efforts are dedicated to recovering existing loans.
Closed markets, such as Spain and Sweden, have been fully resolved, with all loans repaid and no further activity planned.
|
Repaid
|
€ 607,837,335 80.00 % |
|
Funded
|
€ 60,136,657 7.91 % |
|
Recovered
|
€ 50,916,724 6.70 % |
|
In recovery
|
€ 23,767,853 3.13 % |
|
Partially recovered outstanding amount
|
€ 11,543,360 1.52 % |
|
Partially recovered repaid amount
|
€ 3,514,096 0.46 % |
|
Delayed
|
€ 1,799,406 0.24 % |
|
Written Off
|
€ 325,153 0.04 % |
Total recovered amount
Average return of recovered loans
Average term from default to recovered
Recovered rate (portfolio)
Total written off
Monthly loan repayment amounts
Historical loans by country
Estonia
|
€412,496,077 42.79% |
Lithuania
|
€192,338,583 19.95% |
Latvia
|
€148,334,673 15.39% |
Germany
|
€103,807,532 10.77% |
Finland
|
€94,279,123 9.78% |
Portugal
|
€6,850,000 0.71% |
Spain
|
€4,164,200 0.43% |
Sweden
|
€1,750,000 0.18% |
Historical performance
Loan funded amount is shown as a total cumulative number as of 31 December of the corresponding year. All other numbers are shown as current and are subject to change as repayments and recoveries occur.
| Loans funded | Outstanding loans | Delayed | In recovery | Partially recovered | Written Off | Recovered | Partially repaid | Repaid | Actual return* | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
€38,695,782
371
Loans
|
€35,939,229
336
Loans
|
€243,500
3
Loans
|
€0
0
Loan
|
€0
0
Loan
|
€0
0
Loan
|
€0
0
Loan
|
€1,136,232
39
Loans
|
€1,376,821
32
Loans
|
8.51%
|
| 2025 |
€66,313,378
633
Loans
|
€19,548,583
198
Loans
|
€1,274,656
9
Loans
|
€1,069,730
8
Loans
|
€1,301,275
14
Loans
|
€0
0
Loan
|
€2,500,229
15
Loans
|
€4,666,224
75
Loans
|
€35,427,216
387
Loans
|
9.02%
|
| 2024 |
€80,743,011
815
Loans
|
€2,870,968
29
Loans
|
€281,250
3
Loans
|
€0
0
Loan
|
€1,782,851
15
Loans
|
€0
0
Loan
|
€2,652,264
43
Loans
|
€1,612,294
21
Loans
|
€65,059,354
659
Loans
|
9.47%
|
| 2023 |
€99,357,269
1,313
Loans
|
€848,328
14
Loans
|
€0
0
Loan
|
€1,526,012
33
Loans
|
€588,376
11
Loans
|
€71,743
8
Loans
|
€6,798,287
155
Loans
|
€463,480
12
Loans
|
€75,567,133
1,035
Loans
|
9.40%
|
*Actual Return is calculated as weighted average of the returns of the repaid loans in that origination year (Vintage).
Default rate 2020* 6.47%
Default rate 2021* 8.95%
Default rate 2022* 9.13%
Default rate 2023* 27.45%
Default rate 2024* 13.45%
Default rate 2025* 20.14%
EU Regulations require publishing of a default rate calculated as follows: the number of loans that defaulted over the course of the year divided by the number of non-defaulted loans at 1 Jan of that year. Loans for which no payments are scheduled within the 12-month observation period have been excluded from the default rate calculation dataset.
ESTATEGURU’S ACTUAL AND EXPECTED DEFAULT RATES OF LOANS BY RISK CATEGORY 2024
Regulation (EU) 2020/1503 (the “Crowdfunding Regulation”) requires us to calculate actual and expected default rates of loans by risk category. This is to enable investors to make informed investment decision. To give you a better understand of how the given values have been calculated, we have provided some explanations below. The table reflects the data on loans per category in 2024.
| Category | Expected Default Rate | Number of defaults in period | Total loans | Actual Default Rate |
|---|---|---|---|---|
|
A2
|
0.033%
|
0
|
7
|
0.00%
|
|
A3
|
0.025%
|
2
|
19
|
10.53%
|
|
Baa1
|
0.078%
|
0
|
20
|
0.00%
|
|
Baa2
|
0.163%
|
0
|
12
|
0.00%
|
|
Baa3
|
0.309%
|
5
|
23
|
21.74%
|
|
Ba1
|
0.672%
|
0
|
58
|
0.00%
|
|
Ba2
|
1.173%
|
1
|
31
|
3.23%
|
|
Ba3
|
2.042%
|
0
|
7
|
0.00%
|
|
B1
|
4.042%
|
0
|
3
|
0.00%
|
|
B3
|
7.009%
|
0
|
11
|
0.00%
|
|
Caa3
|
18.726%
|
0
|
2
|
0.00%
|
|
N/A
|
100.000%
|
215
|
1465
|
14.68%
|
Estateguru has been facilitating loan projects since 2014 but started to assign risk categories to projects in 2023. The total number of loans includes all outstanding loans as of January 1, 2024. This includes loans which were financed before risk categories were assigned to loans but had not matured by January 1, 2024.
The number of defaults in period reflects the number of defaults that occurred in 2024.
Methodology for calculating the expected default rate of loans by risk category. Estateguru uses Moody’s rate for probability of default as the basis for calculating the expected default rate. For this, weighted average (investment amount as basis) default rate is calculated based on the probability of default for all loans in a relevant risk category.
For more information on how the probability of default is calculated and the risk categories are assigned can be found here.
Methodology for calculating the actual default rate of loans by risk category. For calculating the actual default rate, the number of defaults in a risk category is divided by the total number of loans. Loans for which no payments are scheduled within the 12-month observation period have been excluded from the default rate calculation dataset.
ESTATEGURU’S ACTUAL AND EXPECTED DEFAULT RATES OF LOANS BY RISK CATEGORY 2025
Regulation (EU) 2020/1503 (the “Crowdfunding Regulation”) requires us to calculate actual and expected default rates of loans by risk category. This is to enable investors to make informed investment decision. To give you a better understand of how the given values have been calculated, we have provided some explanations below. The table reflects the data on loans per category in 2025.
| Category | Expected Default Rate | Number of defaults in period | Total loans | Actual Default Rate |
|---|---|---|---|---|
|
A1
|
0.01%
|
0
|
16
|
0.00%
|
|
A2
|
0.02%
|
0
|
47
|
0.00%
|
|
A3
|
0.03%
|
11
|
66
|
16.67%
|
|
B3
|
6.49%
|
0
|
8
|
0.00%
|
|
Ba1
|
0.60%
|
2
|
135
|
1.48%
|
|
Ba2
|
1.13%
|
0
|
45
|
0.00%
|
|
Ba3
|
2.46%
|
0
|
8
|
0.00%
|
|
Baa1
|
0.07%
|
2
|
68
|
2.94%
|
|
Baa2
|
0.16%
|
1
|
60
|
1.67%
|
|
Baa3
|
0.31%
|
16
|
176
|
9.09%
|
|
Caa3
|
18.73%
|
0
|
1
|
0.00%
|
|
NA
|
100.00%
|
163
|
338
|
48.22%
|
Estateguru has been facilitating loan projects since 2014 but started to assign risk categories to projects in 2023. The total number of loans includes all outstanding loans as of January 1, 2025. This includes loans which were financed before risk categories were assigned to loans but had not matured by January 1, 2025.
The number of defaults in period reflects the number of defaults that occurred in 2025.
Methodology for calculating the expected default rate of loans by risk category. Estateguru uses Moody’s rate for probability of default as the basis for calculating the expected default rate. For this, weighted average (investment amount as basis) default rate is calculated based on the probability of default for all loans in a relevant risk category.
For more information on how the probability of default is calculated and the risk categories are assigned can be found here.
Methodology for calculating the actual default rate of loans by risk category. For calculating the actual default rate, the number of defaults in a risk category is divided by the total number of loans. Loans for which no payments are scheduled within the 12-month observation period have been excluded from the default rate calculation dataset.
What are loans used for?
We offer three types of short-term loans, each serving a specific niche need for our borrowers. Investors can choose which loan types they wish to support.
|
Development loan
|
€398,522,030 41.34% |
|
Bridge loan
|
€396,715,360 41.15% |
|
Business loan
|
€168,782,798 17.51% |
Collateral types
Each Estateguru investment opportunity is backed by real estate. We are currently holding €423,778,107 in collaterals, of which 97.94% is backed by a first-rank mortgage. This graph shows the types of collaterals as a proportion of the total.
|
Residential
|
€541,111,735 56.13% |
|
Land and buildings under construction
|
€249,856,048 25.92% |
|
Commercial
|
€173,052,405 17.95% |