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Ciruliu str. 15, Kvietiniai village, Klaipeda district municipality

  • Interest Annual return on investment. 11 %
  • Goal 83 000.00 €
  • LTV LTV shows the ratio between the amount of loan and the value of pledged assets. The lower the indicator, the lower is risk. 11%
  • Loan period 12 Months
  • Risk class Risk Classes - assess of the probability of financier’s losses.  The company divides the risk of creditworthiness of Project Owners to: low (A), medium (B), higher (C) and high (D). A
  • Loan type Refinancing
  • Property type Mixed real estate
  • Investors 110
  • Location Lithuania
Raised:
83 000.00 €
Goal:
83 000.00 €
100%

Introduction

Nordstreet guarantees safe investment:

(I) The ratio of project to LTV (loan to value) will not exceed the LTV ratio in the project description in case of secondary pledge;

(II) If the required financing amount is not collected before the start of the project, all investments will be returned to the investees.

The object of the loan is the real estate used for the operation of the company, which requires financing - the refinancing for existing loans and the financing of the internal works of existing buildings.

The amount of the loan is EUR 83 000 (eighty-three thousand euros).

Loan term 12 months.

The annual return on investment is 11%. (for investment from 20,000 Euros - bonus +1% )

The total return on investment project is 11% (for investments from 20,000 Euros, total project return 12%)

Loan pledged property is land owned and buildings owned by it and other buildings whose property value is 700,000 EUR on the basis of the certificate (seven hundred thousand euros).

LTV (loan-to-value) ratio is 11%.

 

The loan interest is repaid each month starting from the start of the project.

The loan is repaid by selling the dwellings before the end of the project, or by refinancing the company.

Detailed Information

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Success

  • Invest from100€
  • Average return 11.34%
  • No hidden fees For investors
  • Property backedloans

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