Quarter "Asiūklės parkas" (developed by "Lapino namai") ​​Riešės mun., Vilnius d., Lithuania

About the loan

Investment from 50.00 €.

Interest

Annual interest rate

• Investing from 50.00 € - fixed interest 11 %
• Investing from 1 000.00 € - fixed interest 11.25 %
• Investing from 3 000.00 € - fixed interest 11.5 %
• Investing from 5 000.00 € - fixed interest 11.75 %
• Investing from 7 500.00 € - fixed interest 12 %
• Investing from 10 000.00 € - fixed interest 12.25 %
• Investing from 15 000.00 € - fixed interest 12.5 %

Loan term and repayment

Loan collateral:

The following property at 13, 15, 17, 19, 21, 23, 25 Bruknių st., Riešės sen., Vilniaus r. sav., Lithuania is subject to first-ranking mortgage:

• Land plot, the address of which is Vilnius r. sav., Riešės sen., Asiūklės vs., Bruknių st. 13, total area 0,1775 ha, unique No. 4400-5169-6150, cadastre No. 4117/0200:1112 Didžiosios Riešės k. v., main use - other, land plot use type - territory of single and two-family residential buildings.
• Land plot, the address of which is Vilniaus r. sav., Riešės sen., Asiūklės vs., Bruknių st. 15, total area 0,1586 ha, unique No. 4400-5169-6550, cadastre No. 4117/0200:1012 Didžiosios Riešės k. k., main use - other, land plot use type - territory of single-family and semi-detached residential buildings.
• Land plot, the address of which is Vilniaus r. sav., Riešės sen., Asiūklės vs., Bruknių st. 17, total area 0,1586 ha, unique No. 4400-5169-6142, cadastre No. 4117/0200:869 Didžiosios Riešės k. v., the main use designation - other, the method of use of the land plot - territories of one- and two-family residential buildings.
• Land plot with the address in Vilniaus r. sav., Riešės sen., Asiūklės vs., Bruknių st. 19, total area 0,1800 ha, unique No. 4400-5169-6130, cadastre No. 4117/0200:668 Didžiosios Riešės k. v., main use - other, land plot use type - territory of single and two-family residential buildings.
• Land plot, the address of which is Vilniaus r. sav., Rieste sen., Asiūklės vs., Bruknių st. 21, total area 0,1800 ha, unique No. 4400-5169-6118, cadastre No. 4117/0200:538 Didžiosios Rieste k. v, main use - other, land plot use type - territory of single and two-family residential buildings.
• Land plot, the address of which is Vilniaus r. sav., Rieste sen., Asiūklės vs., Bruknių st. 23, total area 0,1586 ha, unique Nr. 4400-5169-6107, cadastre Nr. 4117/0200:518 Didžiosios Riešės k. v., main use - other, land plot use type - territory of single-family and semi-detached residential buildings.
• Land plot, the address of which is Vilniaus r. sav., Riešės sen., Asiūklės vs., Bruknių st. 25, total area 0,1586 ha, unique No. 4400-5169-6094, cadastre No. 4117/0200:488 Didžiosios Riešės k. v., main use - other, type of use of the land plot - territories of one- and two-family residential buildings.

Value of the pledged property: EUR 210 300.

Additional security:

• Guarantee (promissory note) from the company (borrower).

During the execution of this project, the Borrower shall be entitled to replace the collateral, i.e. the real estate mortgaged with a first ranking mortgage, with an equivalent one, as indicated in the Property Valuation Certificate of the Real Estate Valuation Report No. 122190 VAT_2024 GDR VHAN, which is attached to this project (see Documents), the value of which is equal to or greater than the value of the item to be replaced.

Description of the Pledged Real Estate

The Pledged Real Estate is located in the territory of Vilnius district municipality, in the territory of the Rieste elderly municipality, in the village of Asiūklė, at the address: Brukni g. 13, 15, 17, 19, 21, 23, 25.

The mortgaged property is located in the Riese municipality, Asiūklės vs, in the territory bounded by Asiūklės street and undeveloped territory. The mortgaged property is situated in a picturesque location, in a block of land plots intended for the construction of single-family/twin-family dwellings, surrounded by wooded areas. The immediate vicinity of the mortgaged property is dominated by detached and semi-detached dwellings and plots of land developed for residential use. On the other side of Asiūklė Street is a block of sub-divided residential houses. Approximately 1,5 km to the south-east is the HBH restaurant, with restaurants nearby: "A little further on is the territory of Verkiai Regional Park. The nearest supermarket is 8 km away, on Molėtų plente, where there is an IKI store, a post office, several catering establishments, Gintarinė vaistinė, and a Circle K petrol station. In Didžioji Riese, about 6.5 km away, there is also a grocery store MAXIMA X, a grocery store in Vilnius Riese St. Riešės Gymnasium, kindergarten "Riešiukas" and Riešės Family Clinic.

The mortgaged property is located approximately 1 km from the Molėtai highway. The mortgaged property is accessible by asphalted streets and a dirt road. The property is approximately 20 km from Vilnius city centre. Access to Vilnius city centre and other districts by private transport is considered to be good due to the nearby Molėtai highway. Public transport links are less convenient due to the distant public transport stop and the low number of buses.

The property's value is positively influenced by the fact that it is well connected to the city of Vilnius and the other settlements of the Vilnius district by private transport. The mortgaged land plots are located in an emerging neighbourhood, in a picturesque location, surrounded by wooded area. The value of the property is also positively influenced by the fact that the mortgaged property has good accessibility. The value of the mortgaged property is negatively affected by the currently underdeveloped social infrastructure.

In the view of the valuers, the mortgaged assets (each plot of land) form a complete whole, the use of the mortgaged assets for residential/other purposes (construction of a residential house (single/double-detached)) is the maximum and best use of the mortgaged assets, and therefore their current/planned use is the maximum and best use of the mortgaged assets.

The mortgaged assets have potential for development. The plots of land can be used for the construction of a dwelling house (single/family house). As the current/intended use of the mortgaged property is the maximum and best use, alternative uses would not be the most efficient/profitable use of the mortgaged property.

For further details (see Documents).

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.