Projects list

Švelnių st. 9, Kaunas, Lithuania

Waiting for investments

Amount of funding 99 450 €

LTV 65%

Annual interest rate 12.00% - 13.00%

Total expected project return 12.00% - 12.99%

Loan period

12 mo.

Risk

B (medium)

Purpose of the loan

Development loan

Collateral Real estate pledge

Country

Lithuania

Investors 4

Raised:
350 € Goal:
99 450 €

0.35%

How much will I earn if I invest:

Investment size

100.00 €

99 100.00 €

12% 12.25% 12.5% 12.75% 13%

With this project in one month I will earn

€

After 12 months I will earn

€

* This calculator is exemplary and provides approximate results. Please note that the actual earnings may differ from the results provided by the calculator

Business loan terms

About the loan

Purpose of the loan Real estate development

Amount of funding 99 450 €

LTV 65 %

Risk B (medium)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 12 mo.

Minimum loan period 4 mo.

Collateral

Real estate pledge

Guarantees / surety

Mortgage rank First order mortgage

Amount allocated by project owner 53 500.00 €

PPurpose of the loan

The amount required for financing is EUR 99,450, which is being raised in a single phase. The loan funds will be used for a real estate project—a single-family residential house at Švelnių st. 9, Kaunas, Lithuania, with a total area of 227.05 sq. m, for which a technical construction design has been prepared and a building permit has been issued. The loan will be repaid by refinancing it with another financial institution or from the proceeds of the sale of the developed property. The amount that the project owner is contributing to the project is EUR 53,500.

About the project

The collateral consists of a land plot located in Kaunas, 9 Švelnių St., and the associated building, whose status in the Real Estate Register is indicated as “permit to carry out construction work.” The land plot’s unique No. is 4400-0543-6874, cadastral No. 1901/0294:318 Kaunas City Cadastral District, area according to the Real Estate Register extract – 0.1638 ha. The plot was formed by dividing the property; cadastral measurements have been performed. The registry extract indicates that the owner of the land plot is UAB “RG Projektai,” legal entity code 307171245, ownership rights were registered on April 21, 2026, based on purchase and sale agreement No. 4159; the entry is valid as of April 23, 2026. No other property rights or legal facts are indicated in the registry extract.

The mortgaged property also includes a building, unique No. 4400-5367-5056, designation group – single-family and two-family homes, primary use – single-family homes, status – construction permit issued, status – under development. The construction permit grants the right to build a single-family residential house, a sewage treatment plant, and a concrete paving surface—a parking lot with an area of 122 sq. m. The project title is “Construction Project for a Single-Family Residential House at Švelnių St. 9, Kaunas, Construction Project,” project No. 1812, year of preparation – 2019, designer – MB “Hauson,” project manager – Kastytis Mykolas Aleknavičius.

The planned residential building is a single-story structure with a total area of 227.05 sq. m, a usable area of 227.05 sq. m, building volume – 1,130 cubic meters, building height – 6.90 m, energy efficiency class – A+, acoustic comfort class – C, fire resistance class – II. The plot plan indicates a plot area of 1,638 sq. m, a planned building footprint of 277 sq. m, a building density of 17%, a building intensity of 14%, and the proportion of green space is 60%. The project includes 4 parking spaces, a terrace, greenery, lawns, flower beds, concrete paving, a plot fence, a household waste container storage area, a biological wastewater treatment plant, an artesian well, and rainwater and fire protection reservoirs.

The design solutions provide for a functional interior layout of the residential house: an entrance hall, a foyer, a corridor, bathrooms, a walk-in closet, several bedrooms, living room, dining room, and kitchen areas, a utility room, a garage, and a terrace. According to the first-floor plan, the design includes a 36.00 sq. m. garage, a 21.10 sq. m. living room, a 19.01 sq. m. dining room, a 12.36 sq. m. kitchen, three bedrooms, bathrooms, a utility room, and other auxiliary rooms. This indicates that the project is geared toward comfortable family living, individual use, and a higher standard of living, combining residential, auxiliary, utility, and outdoor recreational areas.

The best and most rational use of this property is the construction of a single-family home, maintaining its residential function. Such use complies with the land use designation specified in the Real Estate Register—construction of low-rise residential buildings—as well as the content of the building permit and the technical design solutions. Given that the building permit has already been issued and the design solutions have been prepared, the property is more attractive than a comparable undeveloped plot without clear design documentation, as it allows the buyer to start or continue the construction process more quickly.

Several key factors enhance the property’s appeal: its location in Kaunas, the surroundings of single-family homes, residential use, the sufficient plot area of 0.1638 ha, a prepared single-family home design, a building permit, planned engineering and landscaping components, an A+ energy efficiency class design solution, and the functional living area of the house. The submitted property report establishes that the market value of the mortgaged property—a land plot with a building permit—as of April 18, 2026, is EUR 153,000.

From a liquidity perspective, the property is considered sufficiently attractive, as residential land plots in Kaunas with prepared design solutions and a building permit typically have a broader audience of potential buyers than plots without clear development potential. Liquidity is also positively influenced by the fact that the market value of the property was determined based on transactions involving similar residential plots in the Kaunas City Municipality, in the same valuation zone, taking into account location, condition, intended use, prospects for utilization, and other factors determining market price. However, liquidity may be limited by power line protection zones and the associated design and usage restrictions; therefore, a potential buyer should assess the impact of these conditions on the organization of construction work, fencing of the plot, installation of utilities, and the final use of the property.

Potential property buyers could be individuals or families looking for a plot to build a single-family home in Kaunas; private investors seeking to acquire a plot with prepared project documentation and a building permit; small real estate development companies that could carry out the construction of a single-family home and subsequently sell the completed property on the market; as well as individuals seeking a high-energy-efficiency, single-family home design featuring a garage, terrace, landscaping, and a private setting. Based on the data provided in the documents, the property is best suited not for commercial use, but for individual residential use or a small-scale residential development project.

The property is a land plot in Kaunas suitable for residential development, with a registered building permit and prepared design solutions for a single-family home. The property’s strengths include a clear purpose, sufficient plot area, a prepared design for a single-family home with a total area of 227.05 sq. m, an A+ energy efficiency rating, planned landscaping, parking spaces, a terrace, and engineering solutions. The best use of the property is the implementation of the single-family residential home construction project. The property’s attractiveness and marketability are considered sufficiently good; however, the protection zones of power lines and the associated requirements for special land use conditions are significant for the final use.

More about the project (see Documents) (see Loan Collateral).

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 12 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2026-06-19

Estimated loan repayment date:* 2027-06-19

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

Debtor

Company title UAB RG projektai

Company code 307171245

Company registration address

Veiverių g. 9B - 41 Vilnius Lietuva LT-11346

UAB RG Projektai – a company established on May 13, 2025. Main areas of activity: a) Real estate agency activities (EVRK 683100); b) Real estate transactions for a fee or under contract; c) Real estate management for a fee or under contract; d) Rental and operation of owned or leased real estate; e) Purchase and sale of owned real estate; f) Construction of residential and non-residential buildings. The company may engage in any other activities that do not conflict with the laws of the Republic of Lithuania.

UAB RG Projektai is a real estate company engaged in the purchase, sale, and development of real estate, as well as the implementation of construction projects. The company plans to provide professional services ranging from the acquisition of land plots or properties to the full implementation and sale of projects, ensuring high quality and value growth for clients and partners.

Irina Petrauskienė is the sole shareholder of the company.

Loan protection collateral

Loan collateral:

Property located at Švelnių st. 9, Kaunas, Lithuania:

Land plot located at Švelnių st. 9, Kaunas, Lithuania, unique No. 4400-0543-6874, cadastral No. – 1901/0294:318 Kaunas City Cadastral District, area – 0,1638 ha, primary intended use of the property – Other, types of use – Residential areas and areas for transport and utility infrastructure facilities (a building permit has been issued for the planned building).

Value of the mortgaged property: 153,000 euros.

Additional security measures:

Company (borrower) guarantee (double-amount promissory note);
Personal surety of Director and Shareholder Irina Petrauskienė.

Description of the collateral

The real estate being pledged is located in Kaunas, at Švelnių st. 9. This is an area designated for residential development, situated in a neighborhood of single-family homes characterized by low-rise residential buildings, green spaces, private residential lots, and a quiet suburban-urban residential environment. According to the Real Estate Register, the property is registered as a land plot with a structure under construction, registry No. 44/369146, and the land plot’s cadastral number is 1901/0294:318 in the Kaunas City Cadastral District; the plot was formed through cadastral surveying. The plot’s primary intended use is “other,” the type of use is “residential area,” the nature of use is “construction of low-rise residential buildings,” the method of use for the territories of transport and utility infrastructure facilities is also specified.

The property’s location is classified under Kaunas City Value Zone No. 15.37, and the property itself is described in the documents as a land plot with a permit to carry out construction work. The report states that the property’s location is considered good, and the area is attractive for residential development. It is noted that the surrounding area has developed engineering infrastructure: electricity, water supply, sewage, and other utility networks; it also notes that the area features paved streets, sidewalks, and parking spaces.

Access to the plot is planned from Švelnių Street; the plot plan indicates the entrance/exit, the gate to the plot, the planned plot fence, parking spaces, and the plot’s internal functional zones. The design solutions also indicate that, according to the Kaunas City Municipality’s general plan, Švelnių Street is classified as Category D2. The nature of the surroundings, the plot’s urban location, and the existing building permit increase the property’s practical appeal, as they provide a potential buyer or financier with a clearer direction for property development and reduce some of the early-stage project risk.&

The appraisers consider the location of the mortgaged property to be good and suitable for the development of a single-family residential home. The plot is located in Kaunas, in a neighborhood of single-family homes, has a clear residential use designation, design solutions, and a permit to carry out construction work. Access and infrastructure are sufficient for a residential property, and the existing building permit enhances the property’s attractiveness and liquidity.

For more detailed information (see About the Project) (see Documents).

Strengths and risks

Strengths:

Company guarantee (bill of exchange) and guarantee of its director and shareholder.
The first order of real estate pledge - mortgage.
The borrower had a real estate loan from Nordstreet, which he repaid on time.

Weaknesses:

The borrower has been operating for less than two years.
Borrower 's activities are in a competitive sector.

Possibilities:

The annual interest rate payable by the borrower is 12.00-13.00%.

Threats:

A young company.
Uncertain economic situation.
Rising cost of building materials.

Documents

#	File name	File type	Actions
1	Įstatai UAB RG projektai.pdf
2	Turto vertinimo ataskaita.pdf
3	SLD.pdf
4	TP.pdf
5	PIID.pdf

Important

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.

About the loan

Purpose of the loan Real estate development

Amount of funding 99 450 €

LTV 65 %

Risk B (medium)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 12 mo.

Minimum loan period 4 mo.

Collateral

Real estate pledge

Guarantees / surety

Mortgage rank First order mortgage

Amount allocated by project owner 53 500.00 €

PPurpose of the loan

About the project

More about the project (see Documents) (see Loan Collateral).

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 %

Loan term and repayment

Loan period 12 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2026-06-19

Estimated loan repayment date:* 2027-06-19

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

Loan protection collateral

Collateral

Real estate pledge

Guarantees / surety

Property type

Residential

Mortgage rank

First order mortgage

LTV

65%

Documentation

Asset Valuation Report

Report preparation date

2026-04-18

Assessor

UAB „Vertinimo partneriai“

Loan collateral:

Property located at Švelnių st. 9, Kaunas, Lithuania:

Land plot located at Švelnių st. 9, Kaunas, Lithuania, unique No. 4400-0543-6874, cadastral No. – 1901/0294:318 Kaunas City Cadastral District, area – 0,1638 ha, primary intended use of the property – Other, types of use – Residential areas and areas for transport and utility infrastructure facilities (a building permit has been issued for the planned building).

Value of the mortgaged property: 153,000 euros.

Additional security measures:

Company (borrower) guarantee (double-amount promissory note);
Personal surety of Director and Shareholder Irina Petrauskienė.

Description of the collateral

For more detailed information (see About the Project) (see Documents).

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