Nordstreet guarantees safe investment:
(i) the loan-to-value (LTV) ratio of the project will not exceed the LTV ratio provided in the project description if the project is funded in stages;
(ii) failure to collect the required funding before the start of the project will return all investments back to the invested persons. Upon application by the borrower for a lower loan amount, financing may be deemed to have been successfully completed by the collection of the lower amount.
Purpose of financing
Funding is collected for the development of a plot of land with a building on it.
Land and building located at Wojska st. 18, Mrzeżyn Township, Gryfice County, Poland, pledge on original mortgage.
Project return on investment and interest payment
Investing from 100 €
Annual investment return on the project from 11% (investment details are described in more detail)
Interest on the loan is calculated from the actual closing date of the auction and is paid monthly. The amount invested is repaid by the project developer repaying the loan.
Loan term: 12 months
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