We are supervised by
Maria San Gil Noain street, Rs. Princesa Maria, nº 17, Torrevieja mun., Alicante province, Spain
Amount of funding
83 700 €
LTV
60%
Annual interest rate
13.50% - 14.50%
Total expected project return
27.00% - 28.99%
Loan period
24 mo.
Risk
C (higher)
Purpose of the loan
Loan for acquisition
Collateral
Real estate pledge
Country
Spain
Spain
Investors
0
Raised:
0 € Goal:
83 700 €
0 € Goal:
83 700 €
0.00%
How much will I earn if I invest:
Investment size
100.00 €
83 700.00 €
13.5%
13.75%
14%
14.25%
14.5%
With this project in one month I will earn
€
After 12 months I will earn
€
After 24 months i will earn
€
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Vertinimo ataskaita.PDF |
|
|
| 2 | Torrevjejos nekilnojamojo turto registras.pdf |
|
|
| 3 | Vietos planas, pastato planai.pdf |
|
About the loan
Purpose of the loan
Real estate development
Amount of funding
83 700 €
LTV
60 %
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
24 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
Purpose of the loan
The amount of EUR 83,700 is required for financing. The borrower is UAB NT 7, registered in Lithuania. The loan funds will be used for real estate, a cottage with a plot of land Maria San Gil Noain Street, Rs. Princesa Maria, nº 17, Torrevieja Municipality, Alicante Province, Spain for purchase. The borrower plans to rent out the purchased cottage. The loan will be repaid by refinancing it in another financial institution, from the sale of the property or the income of the company and property rental.
About the project
Investment project - residential building with a plot of land in Maria San Gil Noain Street, Rs. Purchase and lease of Princesa Maria, nº 17, Torrevieja municipality, Alicante province, Spain. The area of the land plot is 104.81 sq. m. m. total area of the cottage - 63.40 sq. m. m.
Alicante is the most important coastal city of the Costa Blanca in Spain, on the Mediterranean Sea; the center of the province. Light, food industry is developed. A lot of grapes are grown in the area. There are many seaside resorts in the province. The municipality of Trorreveja is located in the province of Alicante.
Torrevieja (Spanish; Torevjechà), a city in southeastern Spain on the Mediterranean coast of the Costa Blanca, about 50 km south of Alicante.
According to 2020 data, 84,700 inhabitants (178,900 inhabitants in the agglomeration). Many foreigners (British, Irish, German, Scandinavian) live in Torrevieja. Trade, fishing, yacht port. The Alicante-Cartagena highway passes through Torrevieja. Torrevieja is a seaside resort with developed tourism. Sea and salt, natural history, habanera museums. The city hosts the annual music festival Habaneras. In Torrevieja there is a water park Aquapolis, near Torrevieja there is a natural park Molino del Agua.
There is a fully developed social infrastructure around, an attractive city district.
More about the project (see Documents).
Investment from 100 €.
Interest
Annual interest rate
- Investing from 100.00 € - fixed interest 13.5 %
- Investing from 1 000.00 € - fixed interest 13.75 %
- Investing from 5 000.00 € - fixed interest 14 %
- Investing from 10 000.00 € - fixed interest 14.25 %
- Investing from 15 000.00 € - fixed interest 14.5 %
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
24 mo.
Minimum loan period
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2023-06-20
Estimated loan repayment date:*
2025-06-20
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
Latest loans
With Nordstreet everyone can become an investor! Register now and start investing!
Need a Business Development Loan?
Grow your business faster! Getting a business loan secured through mortgage is much easier and faster with Nordstreet.
Why apply to Nordstreet for a business loan?
- Advertising and comfortable returns
- Speed and your choice when to return the loan
- Competence and simplicity
Success
Warning
- Invest from50.00 €
- Average return 12.43%
- Exclusive investment offers
- Property backedloans
