The real estate crowdfunding market in Estonia becomes highly competitive

The real estate crowdfunding market in Estonia becomes highly competitive: the first group buying and crowdfunding platform from Latvia Bulkestate.com is starting its operations here. The founders of Bulkestate consider that investments via this platform are remarkable by high interest rates, and trustful partners secure safe transactions.

Real Estate News, Bulkestate.com, Crowdfunding, Igors Puntuss

In the USA and Europe the real estate crowdfunding has become an alternative source of investment capital, but in the Baltic states it has started to develop only recently.

By now in the field of real estate the Estonian platforms have been more active and popular in the region. Now they will have to share the market with a new competitor at home – in Estonia, where Bulkestate.com has started its operations. Igors Puntuss, co-founder of the company, explains the decision on the launch of Bulkestate.com. First of all, population welfare in the Baltic states has been increased significantly in recent years and people are searching for possibilities to invest their funds safely and profitably, as the banks are not able to provide such offer at present interest rates on deposits and, secondly, the market of real estate crowdfunding is far away from maturing.

Igors Puntuss, co-founder of the Bulkestate.com

Although in our region this type of financing is in the process of development, every platform offers its own know-how for attracting investors. According to founders the Latvian team has placed its bet on reliability. The funds of investors are secured by a mortgage for all the offered projects; every project is examined by a Loan Committee, and separately by company partners.Projects of potential interest to investors that are ready to finance even under modest market conditions in Estonia, Latvia, Lithuania, are in a much larger number than can be serviced by all active real estate crowdfunding platforms in in the Baltics.

The platform is developed and provided in collaboration with CUBE Agency – one of the leading web development companies in Latvia.

I.Puntuss explains, “For many potential investors reliability is even more important high interest. Therefore before a project is offered to investors, we and our partners examine it in the most thorough manner. Only afterwards when we studied all the facets of the matter and everything is correctly calculated, it becomes available for financing”.

According to I. Puntuss high reliability does not mean a low profit. Bulkestate.com has an annual interest rate of 14 % at a low threshold for those who wish to earn up: minimum amount of investment is only 50 Eur.

Real Estate News, Bulkestate.com, Crowdfunding, Igors Puntuss

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