Nordstreet guarantees safe investment:
(I) the project LTV (loan to value) ratio will not exceed the LTV ratio provided in the project description if the project is funded in stages;
(II) If the required financing amount is not collected before the start of the project, all investments will be returned to the investees. If borrower request for a smaller amount of the loan grant - funding can be considered successful completion of entering a lower amount.
Purpose of financing
- Funding is collected for the purchase of land, preparation of project documents and preliminary earthworks.
- Land plot with residential building and yard structures, located at Gervių g. 11, Žvėrynas eldership, pledge on primary mortgage.
Project return on investment and interest payment
- Investing from 100 €
- Annual return on investment of the project starts from 10.5% (Interest payment details are described in Detailed information section)
- 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: 15 months