Projects list

Kreivalaužių village, Nemenčinės sen., Vilnius district, Lithuania (1 stage)

Project cancelled

Amount of funding 200 000 €

LTV 55%

Annual interest rate 12.00% - 13.50%

Total expected project return 18.00% - 20.25%

Loan period

18 mo.

Risk

C (higher)

Purpose of the loan

Development loan

Collateral Real estate pledge

Country

Lithuania

Investors 0

Raised:
0 € Goal:
200 000 €

0.00%

How much will I earn if I invest:

Investment size

100.00 €

200 000.00 €

12% 12.25% 12.5% 12.75% 13% 13.25% 13.5%

With this project in one month I will earn

€

After 12 months I will earn

€

After 18 months i will earn

€

* This calculator is exemplary and provides approximate results. Please note that the actual earnings may differ from the results provided by the calculator

Project updates

Business loan terms

About the loan

Purpose of the loan Real estate development

Amount of funding 200 000 €

LTV 55 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 18 mo.

Minimum loan period 4 mo.

Collateral

Real estate pledge

Guarantees / surety

Mortgage rank First order mortgage

Funding requires amount of € 750 000, which be divided into stages. The loan funds will be used for the creation and development of the "Ramybės Park" project planned by the company. "Ramybės parkas" is a unique place where the memory of a person who has gone to "heaven" is preserved - an urn and an interactive biography.

About the project:

The location of the project is a hundred-year-old pine forest near Nemenčinė, 24 km from Gediminas Castle.
The project conserves nature while solving the problem of local occupation. The territory of just 4 ha can accommodate 35 thousand lashas (graves), each of which contains 5-10 or even more urns.
With the purchase of one drop, there is room for the whole family or even relatives. The memory of all loved ones in one place.
Today's and future technologies are used for memory preservation. Preservation and interactive presentation of a digital biography of a deceased person.
The idea of the relief of the project was formed not by man, but by nature itself in the interaction of water, sound and light.
The project is attractive because there is no unique place of eternal rest and memory in Lithuania.

Investment from 100.00 €.

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 6 000.00 € - fixed interest 12.75 %
Investing from 10 000.00 € - fixed interest 13 %
Investing from 15 000.00 € - fixed interest 13.25 %
Investing from 20 000.00 € - 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 18 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2023-01-31

Estimated loan repayment date:* 2024-07-31

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

Debtor

Company title LTD Zacyšiaus dvaras

Company code 300621871

Company registration address

LTD "Zacyčiaus dvaras" - established in 2006, which operates on behalf of CHgroupNT, is a real estate agency, real estate development. UAB Zacyšiaus dvaras ".

Companies, based on 2021 financial statement indicators: fixed assets - EUR 1,040,633, total assets - EUR 1,443,571, sales revenue - EUR 396,195.

Projects:

2013 Development and design of the Kaunas dock area of the prestigious business center solutions, land sales development and project development preparation.
2015 Development and sales of the project "Choir House": 12,000 sq. M. m. residential building with commercial premises.
2018 Multifunctional business park Partizanų st. Development in Kaunas from idea to result: the abandoned territory was arranged, the added value was created by establishing 5,600 sq. m. m. commercial park.
2020 The management project is being implemented: the history has been restored and the former 600 sq.m. Authenticity of the German consular residence building.
2020 A settlement of 19 individual houses on the banks of the Neris River near a beautiful perennial pine forest, where it is easy to breathe and enjoy the peace, http://kaunorivjera.lt.

Loan protection collateral

Pledged first real estate mortgage property address Kreivalaužių village, Nemenčinės sen., Vilnius district, Lithuania:

Land plot (unique No. 4172-0200-0032), conditional value – 1,094,500 Eur;
Administrative building (unique No. 4198-5020-0020), notional value – 100 Eur;
Production building (unique No. 4198-5020-0034), notional value – 169,000 Eur;
Garage building (unique No. 4198-5020-0019), notional value – 100 Eur;
Garage building (unique No. 4198-5020-0040), notional value – 100 Eur;
Garage building (unique No. 4198-5020-0051), notional value – 100 Eur;
Carpentry workshop building (unique No. 4198-5020-0062), notional value – 36,100 Eur;
Administrative building (unique No. 4198-5020-0073), notional value – 62,700 Eur;
Woodworking workshop (unique No. 4198-5020-0173), notional value – 100 Eur;
Wood dryer (unique No. 4198-5020-0084), notional value – 100 Eur;
Boiler (unique No. 4198-5020-0095), notional value – 100 Eur;
Workshop building (unique No. 4198-5020-0108), notional value – 100 Eur;
Passage booth building (unique No. 4198-5020-0119), notional value – 100 Eur;
Transformer building (unique No. 4198-5020-0122), notional value – 100 Eur;
Roof building (unique No. 4198-5020-0195), notional value – 100 Eur;
Farm building (unique No. 4198-5020-0136), notional value – 100 Eur;
Water pumping station building (unique No. 4198-5020-0140), notional value – 100 Eur;
Roof building (unique No. 4198-5020-0208), notional value – 100 Eur;
Fuel tank building (unique No. 4198-5020-0151), notional value – 100 Eur;
Roof building (unique No. 4198-5020-0219), notional value – 100 Eur;
Roof building (unique No. 4198-5020-0184), notional value – 100 Eur.

Value of pledged assets: EUR 1 364 000. It is IMPORTANT to mention that the buildings on the mortgaged plot will be renovated and used in the activities of the planned project.

Additional collateral: Company guarantee (bill of exchange).

Strengths and risks

Strengths:

The first order of real estate pledge - mortgage.
Company guarantee (bill of exchange).

Weaknesses:

The borrower was late in paying small amounts.
The borrower's related company was late in paying small amounts.
Borrower 's activities are in a competitive sector.
The amount of funding is higher than average, so the project funding period may take longer.

Possibilities:

The annual interest rate payable by the borrower is 12.00-13.50%.

Threats:

Uncertain economic situation.
Property is in development stage.
Rising cost of building materials.

Documents

#	File name	File type	Actions
1	Vertinimas Vilniaus r. sav. Nemenčinės sen. Kreivalaužių k.pdf

Important

Nordstreet takes the following measures to ensure a safer investment:

The loan to value ratio of the project will not exceed the LTV ratio provided in the project description, including in cases when the project will be financed in stages.
If the required amount of funding is not collected before the start of the project, all investments will be returned to the investors. Upon application by the Debtor, the financing may be considered to have been successfully completed with a smaller amount collected, the financing of the project may be divided into several stages and / or the financing period of the project may be extended. In these cases, Nordstreet informs the funders and publishes the information on the completion of the project with a smaller amount, the division of the project funding into several stages or the extension of the project funding period on its website together with other information about the project.
By investing in a project, financiers acquire rights of recourse (claim rights). Nordstreet may provide the financiers with the possibility to transfer these claim rights to other users of the platform on the Secondary Market in accordance with the User Terms.
The activities of UAB Nordstreet are supervised by the Bank of Lithuania and UAB Nordstreet is included on the Public List of Operators of Crowdfunding Financing Platforms administered by the Bank of Lithuania.

About the loan

Purpose of the loan Real estate development

Amount of funding 200 000 €

LTV 55 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 18 mo.

Minimum loan period 4 mo.

Collateral

Real estate pledge

Guarantees / surety

Mortgage rank First order mortgage

About the project:

The location of the project is a hundred-year-old pine forest near Nemenčinė, 24 km from Gediminas Castle.
The project conserves nature while solving the problem of local occupation. The territory of just 4 ha can accommodate 35 thousand lashas (graves), each of which contains 5-10 or even more urns.
With the purchase of one drop, there is room for the whole family or even relatives. The memory of all loved ones in one place.
Today's and future technologies are used for memory preservation. Preservation and interactive presentation of a digital biography of a deceased person.
The idea of the relief of the project was formed not by man, but by nature itself in the interaction of water, sound and light.
The project is attractive because there is no unique place of eternal rest and memory in Lithuania.

Investment from 100.00 €.

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 6 000.00 € - fixed interest 12.75 %
Investing from 10 000.00 € - fixed interest 13 %
Investing from 15 000.00 € - fixed interest 13.25 %
Investing from 20 000.00 € - fixed interest 13.5 %

Loan term and repayment

Loan period 18 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2023-01-31

Estimated loan repayment date:* 2024-07-31

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

Loan protection collateral

Collateral

Real estate pledge

Guarantees / surety

Property type

Mixed real estate

Mortgage rank

First order mortgage

LTV

55%

Documentation

Asset Valuation Report

Report preparation date

2022-09-29

Assessor

Newsec

Pledged first real estate mortgage property address Kreivalaužių village, Nemenčinės sen., Vilnius district, Lithuania:

Land plot (unique No. 4172-0200-0032), conditional value – 1,094,500 Eur;
Administrative building (unique No. 4198-5020-0020), notional value – 100 Eur;
Production building (unique No. 4198-5020-0034), notional value – 169,000 Eur;
Garage building (unique No. 4198-5020-0019), notional value – 100 Eur;
Garage building (unique No. 4198-5020-0040), notional value – 100 Eur;
Garage building (unique No. 4198-5020-0051), notional value – 100 Eur;
Carpentry workshop building (unique No. 4198-5020-0062), notional value – 36,100 Eur;
Administrative building (unique No. 4198-5020-0073), notional value – 62,700 Eur;
Woodworking workshop (unique No. 4198-5020-0173), notional value – 100 Eur;
Wood dryer (unique No. 4198-5020-0084), notional value – 100 Eur;
Boiler (unique No. 4198-5020-0095), notional value – 100 Eur;
Workshop building (unique No. 4198-5020-0108), notional value – 100 Eur;
Passage booth building (unique No. 4198-5020-0119), notional value – 100 Eur;
Transformer building (unique No. 4198-5020-0122), notional value – 100 Eur;
Roof building (unique No. 4198-5020-0195), notional value – 100 Eur;
Farm building (unique No. 4198-5020-0136), notional value – 100 Eur;
Water pumping station building (unique No. 4198-5020-0140), notional value – 100 Eur;
Roof building (unique No. 4198-5020-0208), notional value – 100 Eur;
Fuel tank building (unique No. 4198-5020-0151), notional value – 100 Eur;
Roof building (unique No. 4198-5020-0219), notional value – 100 Eur;
Roof building (unique No. 4198-5020-0184), notional value – 100 Eur.

Value of pledged assets: EUR 1 364 000. It is IMPORTANT to mention that the buildings on the mortgaged plot will be renovated and used in the activities of the planned project.

Additional collateral: Company guarantee (bill of exchange).

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Kreivalaužių village, Nemenčinės sen., Vilnius district, Lithuania (1 stage)

How much will I earn if I invest:

With this project in one month I will earn

€

After 12 months I will earn

€

After 18 months i will earn

€

Please register or sign in to access this information.

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Strengths:

Weaknesses:

Possibilities:

Threats:

Nordstreet takes the following measures to ensure a safer investment:

Please register or sign in to access this information.

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Loan protection collateral

Debtor

Strengths and risks

Strengths:

Weaknesses:

Possibilities:

Threats:

Documents

Nordstreet takes the following measures to ensure a safer investment:

Project updates

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