Nordstreet guarantees safe investment - without collecting the required funds until the start of the project, i.e. December 21st all investments will be returned to the invested people back.
The object of the loan is a residential building located in Kedainiai, Kaunas County, which needs financing - to complete the completion of the building.
The loan amount is 350,000 Eur (three hundred and fifty thousand euros).
The maturity of the loan is 12 months.
Loan Return on Investment 12%. (annual interest)
The loan is mortgaged property - a building with an asset of € 575,000 (five hundred and seventy five thousand euros).
According to the latest estimate of the real estate agency, the market value of mortgaged property is EUR 575,000.
LTV (loan-to-value) ratio is 61%.
The interest on the loan is repaid each month starting in 2019 of January.
The loan is repaid until the end of the project, after the sale of the project's residential apartments, from the company's income or by refinancing the loan.