We are supervised by
Malūno str. 22, Sarių vil., Švenčionių d. mun., Lithuania
Amount of funding
115 000 €
LTV
61%
Annual interest rate
14.00% - 15.00%
Total expected project return
14.00% - 15.00%
Loan period
12 mo.
Risk
C (higher)
Purpose of the loan
Loan for acquisition
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
175
Raised:
115 000 € Goal:
115 000 €
115 000 € Goal:
115 000 €
100.00%
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Vertinimo ataskaita.pdf |
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| 2 | Istatai.pdf |
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| 3 | RC - įkeičiamas turtas.pdf |
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| 4 | PIID.pdf |
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About the loan
Purpose of the loan
Real estate development
Amount of funding
115 000 €
LTV
61 %
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
12 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
Amount allocated by project owner
30 000.00 €
Purpose of the loan
Funding requires an amount of EUR 115,000, which is collected in one stage. The loan funds will be used for real estate objects, i.e. 0,6529 ha of land plot (type of use: territories of one- and two-family residential buildings), 138,85 sq. m of the total area of the building - a residential house with a terrace and 105,29 sq. m total area of the building - commercial building (year of construction of both buildings: 2020 / 2021), whose address is Malūno st. 22, Sarių village, Sarių sen., Švenčionių district. mun., Lithuania, for purchase. The loan will be repaid by refinancing it in another financial institution or from the sale of assets and/or from the company's income. The amount that the project owner allocates to the project himself is EUR 30,000.
About the project
The plot of land is rectangular in shape, the terrain is gently sloping. The plot of land has 281.00 sq. m. m built-up area building - residential house and 74.00 sq.m. m built-up area building - commercial building. The plot of land is not fenced, perennial grass grows on the territory. In the adjacent plots - the construction of individual residential houses and plots of land that have not yet been built. There are no easements.
The residential house consists of 10 rooms on the first floor - corridor, boiler room, two bathrooms, four rooms, room - kitchen, wardrobe. The house also has a terrace. The energy efficiency class of the building is A+. Structural elements: foundations - concrete (insulated); walls - wood with a frame (insulated); partitions - plasterboard panels; overlays - wooden; roof - plastered, covered with bituminous coating (insulated); exterior decoration – wooden paneling; windows - plastic frames with glass units; entrance door - metal with a glass element; interior decoration - equipped; San. equipment is in good condition; heating – individual central heating system (air-water heating system). Communications: local water supply, local sewage disposal, electricity, ventilation (recuperative ventilation system), air conditioning, fire alarm. Registered building completion: 100%.
The outbuilding consists of 5 rooms on the first floor - a utility room, an auxiliary room, a bathroom, a corridor, a sauna and 4 main rooms in the shed. Structural elements: foundations - concrete; walls - wooden frame; partitions - wooden boards; overlays - wooden; roof - pitched, wooden structures, covered with bituminous coating; exterior decoration – wooden paneling; windows - wooden frames with glass units; entrance doors - plastic frames with glass units; interior decoration - equipped; San. equipment is in good condition. Elements of engineering equipment: heating "Air - air" heating system (air conditioner installed), electricity, local water supply, local sewage disposal. Registered building completion: 100%.
The plot of land with a residential house and an outbuilding forms a complete whole - i.e. integral real estate complex and can be sold on the open market as a separate property complex. The real estate complex is best used according to the existing purposes. The most likely potential buyers of the property are private individuals who intend to purchase the property and use it for their own needs.
More about the project (see Documents).
We inform you that the employees of UAB Nordstreet (company code 304565690) are investing in this project.
Investment from 100.00 €.
Interest
Annual interest rate
- Investing from 100.00 € - fixed interest 14 %
- Investing from 1 000.00 € - fixed interest 14.25 %
- Investing from 2 000.00 € - fixed interest 14.5 %
- Investing from 3 000.00 € - fixed interest 14.75 %
- Investing from 5 000.00 € - fixed interest 15 %
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
12 mo.
Minimum loan period
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2024-03-18
Estimated loan repayment date:*
2025-03-06
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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