Nordstreet guarantees a safe investment - not having the required amount of funds before the start of the project, all investments will be returned to the investees.
The object of the loan is residential premises (flat) for sale, located in the Old Town, which require financing - loans for refinancing and purchase of a new project.
Amount of the loan is 259 000 EUR (two hundred and fifty nine thousand euro).
Loan term 18 months.
Loan investment return of 10%.
Loan pledged property - premises - an apartment with an asset valuation value of EUR 370 000.
The loan-to-value ratio (LTV) is 70%.
The loan interest is repaid every month starting from 2019. February.
The loan is repaid before the end of the project by selling the base, the company's income or refinancing the loan.