We are supervised by
We are reglamented by
Notangų st. 21, Buivydiškių vil., Zujūnai, Vilniaus d. mun., Lithuania
Amount of funding
97 500 €
LTV
65%
Annual interest rate
12.00% - 13.00%
Total expected project return
13.00% - 14.08%
Loan period
13 mo.
Risk
B (medium)
Purpose of the loan
Loan for acquisition
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
137
Raised:
97 500 € Goal:
97 500 €
97 500 € Goal:
97 500 €
100.00%
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Nuostatai.pdf |
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| 2 | Turto vertinimo ataskaita nauja.pdf |
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| 3 | Žemės sklypo planas.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
97 500 €
LTV
65 %
Risk
B (medium)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
13 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
Amount allocated by project owner
140 000.00 €
Objective of the loan
The amount of EUR 97,500 is required for financing, which is collected in one stage. Part of the loan funds will be used for the acquisition of real estate - a land plot, the address of which is Vilnius district mun., Zujūnai, Buivydiškės vil., Notangų st. 21, total area 0,2470 ha, purpose - other, method of use - territories of one- and two-family residential buildings, the other part - for the design of a two-family blocked residential building and other works necessary to obtain a construction permit document and construction works. The loan will be repaid by refinancing it in another financial institution or from the proceeds from the sale of the property under development. The amount that the project owner himself allocates to the project is EUR 140,000.
About the project
The mortgaged property is located close to the Vilnius city boundary, in an area predominantly developed with single/double-detached dwellings. The area is characterised by a picturesque landscape (ponds nearby). A paved road leads to the property. The site has a hilly terrain. The area offers quite attractive possibilities for residential use of the property.
The land is accessible by an asphalt road. It has an irregular shape and a hilly terrain. The plot has trees, fruit trees, bushes. The property is adjacent to other developed and undeveloped plots of land in Notangai Street.
The property is suitable for its intended use. The location of the plot and the nearby infrastructure have a positive influence on the project. The plot is currently undeveloped with buildings/structures. In the opinion of the appraisers, the property forms a complete whole. The appraisers consider that the adaptation of the property to its existing use represents the maximum and best use of the property.
For more information on the project (see Documents) (see Loan Security Instruments).
We inform you that the employees of UAB Nordstreet (company code 304565690) are investing in this project.
Investment from 50.00 €.
Interest
Annual interest rate
- Investing from 50.00 € - fixed interest 12 %
- Investing from 1 000.00 € - fixed interest 12.25 %
- Investing from 3 000.00 € - fixed interest 12.5 %
- Investing from 5 000.00 € - fixed interest 12.75 %
- Investing from 7 000.00 € - fixed interest 13 %
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
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2025-07-18
Estimated loan repayment date:*
2026-07-21
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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