We are supervised by
Keemikute str. 24a, Maardu city, Harju district, Estonia (2 stage)
Amount of funding
135 500 €
LTV
50%
Annual interest rate
12.00% - 13.50%
Total expected project return
13.00% - 14.62%
Loan period
13 mo.
Risk
B (medium)
Purpose of the loan
Development loan
Collateral
Real estate pledge
Country
Estonia
Estonia
Investors
133
Raised:
135 500 € Goal:
135 500 €
135 500 € Goal:
135 500 €
100.00%
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Vertinimas 03.pdf |
|
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| 2 | Prezentacija.pdf |
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About the loan
Purpose of the loan
Real estate development
Amount of funding
135 500 €
LTV
50 %
Risk
B (medium)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
13 mo.
Minimum loan period
2 mo.
Collateral
Real estate pledge
Mortgage rank
First order mortgage
Funding requires amount of € 320 500, which be funded in stages. The loan funds will be used for real estate development. The company plans to build a 15-story building, a garage with 100 parking spaces, and shops. 80% will be residential and 20% commercial premises.
- The first floor will be equipped with commercial premises.
- The second floor will have storage facilities.
- All apartments will be on floors 3-14, the 15th floor will be reserved for exclusive apartments.
Keemikute 24A is a multifunctional project. Offering residents a modern residential and commercial environment. Residents will be able to enjoy the sea view already from the second floor. You will find a convenient parking space in a secure garage and a shopping center nearby. More information can be found in the documentation section.
The loan can be refinanced in other financial institution, from income of real estate sales or from company's capital.
We inform you that the employees of UAB Nordstreet (company code 304565690) are investing in this project.
Investment from 100 €.
Interest
Annual interest rate
- Investing from 100.00 € - fixed interest 12 %
- Investing from 1 000.00 € - fixed interest 12.25 %
- Investing from 3 000.00 € - fixed interest 12.5 %
- Investing from 9 000.00 € - fixed interest 12.75 %
- Investing from 10 000.00 € - fixed interest 13 %
- Investing from 15 000.00 € - fixed interest 13.5 %
The Interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Debtor's Account or to such other account (or accounts) as notified by the Debtor to the Operator in writing prior to the disbursement of the Loan Amount.
Loan term and repayment
Loan period
13 mo.
Minimum loan period
2 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2023-08-30
Estimated loan repayment date:*
2024-10-11
If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.
* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.
Procedure for disputes between parties to a financing transaction
The investor has the right to withdraw their investment within 96 hours from the submission of the money lending proposal on the platform
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