We are supervised by
Palionių str. 27, Vilnius, Lithuania (3 stage)
Amount of funding
33 600 €
LTV
66%
Annual interest rate
15.00% - 16.00%
Total expected project return
28.75% - 30.66%
Loan period
23 mo.
Risk
C (higher)
Purpose of the loan
Development loan
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
17
Raised:
33 600 € Goal:
33 600 €
33 600 € Goal:
33 600 €
100.00%
| # | File name | File type | Actions |
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| 1 | Nuostatai Here4you LT.pdf |
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| 2 | RC - MB Here4you - Žemės sklypas Vilnius, Palionių g. 27.pdf |
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| 3 | RC - MB Here4you - Gyvenamas namas Vilnius, Palionių g. 27.pdf |
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| 4 | Vertinimo ataskaita 2024 m..pdf |
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| 5 | PIID (3 etapas).pdf |
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About the loan
Purpose of the loan
Real estate development
Amount of funding
33 600 €
LTV
66 %
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
23 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
Amount allocated by project owner
70 000.00 €
Purpose of the loan
The amount of EUR 138,600 is required for financing, which is collected in three stages. The loan funds will be used for real estate objects, i.e. 0.0751 ha of land plot (type of use: residential areas; type of use: construction of low-rise residential houses) and 318.18 sq. m total area of the building - a residential building, whose address is Palionių st. 27, Vilnius, Lithuania, for acquisition and repair. 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 70,000.
About the project
The plot of land with an area of 0.0751 ha, on which a single-family residential house is built. The entire plot of land has an imprecise square shape, with a sloping terrain. The plot of land is fenced, well-maintained: decorative trees, bushes, fruit trees and shrubs are growing, the lawn is planted, the paths around the house and the entrance to the garage are paved with stone mass tiles, concrete stairs are installed. The plot is bordered by one built-up plot, a forest and a gravel road. The plot was formed by carrying out cadastral measurements. There are no easements.
One-story residential house, marked on the plan with index 2A1/m. The house is 318.18 sq.m. m of the total area, which includes a residential house (2A1/m), a basement (R), a shelter (M), an extension (1a1/ž) and an extension (2a1/ž). The residential building consists of 26 premises. Year of house construction: 1994. Year of simple repair: 2003-2005. 100% completeness registered in "Registrų centras" LLC. Energy efficiency class of the building: D.
Request for building structures and constituent elements: foundations - reinforced concrete; walls - log / reinforced concrete blocks / frame with wooden panels / wooden frame; partitions - log/reinforced concrete blocks, brickwork; overlays - reinforced concrete / wooden; roof - pitched, wooden structure, covered with fiber cement coating; a rain drainage system is installed; exterior decoration - wooden paneling / stone decor; windows - plastic frames with double-glazed windows and wooden frames with glass, skylights installed in the shed; entrance door - armored type; garage door - segmental, lifting; internal stairs - wooden structures with armrests; there is a brick fireplace in the living room, and a brick oven in the basement. The condition of the interior is good. Description of engineering equipment: heating - installed solid fuel boiler DAKON DOR 45D, keto and tin radiators; electricity - available; water supply - local, artesian water well 110 m, the house is equipped with a water heater and water softening and descaling equipment; local sewage disposal.
The evaluator's conclusion regarding the condition of the building is good. The structural and decoration elements and engineering equipment of the property have no visible signs of wear and tear and meet the quality requirements for the specific type of property at the time of assessment. A plot of land with a residential house 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 15 %
- Investing from 1 000.00 € - fixed interest 15.25 %
- Investing from 2 000.00 € - fixed interest 15.5 %
- Investing from 3 000.00 € - fixed interest 15.75 %
- Investing from 5 000.00 € - fixed interest 16 %
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
23 mo.
Minimum loan period
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2024-05-20
Estimated loan repayment date:*
2026-04-15
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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Annual interest rate
16% - 16%
- Investors 43
- LTV 0%
- Risk group B (medium)
- Months 24
- Collateral Guarantees / surety
Lithuania
Fully invested
The status indicates that the necessary funds have been raised to finance the loan, but the transaction has not yet taken place and is currently in the process of fulfilling the loan disbursement conditions (mortgage etc). At this
stage, the interest does not count. Interest starts to run after the loan is paid to the debtor and the project
status changes to "Processing". By default, fulfillment takes 2-3 weeks.
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Raised:
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12 000 € Goal:
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