Projects list

Torreagüera str.1, Torevjecha city, Alicante region, Spain

Project finished

Amount of funding 153 000 €

LTV 49%

Annual interest rate 11.25% - 12.50%

Total expected project return 16.87% - 18.75%

Loan period

18 mo.

Risk

C (higher)

Purpose of the loan

Loan for installation

Collateral Real estate pledge

Country

Spain

Investors 152

Raised:
153 000 € Goal:
153 000 €

100.00%

Project updates

Loan repaid

2023-04-15

The debtor has repaid the loan. Duration of loan 539 d.

Period paid

2022-09-30

The debtor has paid interest for the period 2022-10-01.

Period paid

2022-09-08

The debtor has paid interest for the period 2022-09-09.

Period paid

2022-08-09

The debtor has paid interest for the period 2022-08-09.

Reminder about the upcoming deadline

2022-08-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-07-08

The debtor has paid interest for the period 2022-07-09.

Period paid

2022-06-09

The debtor has paid interest for the period 2022-06-09.

Reminder about the upcoming deadline

2022-06-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-05-26

The debtor has paid interest for the period 2022-05-09. Payment delay days: 10.

Possible period delay

2022-05-11

The debtor has informed you of the possible delay in interest payment.

Notification of breach of payment obligation

2022-05-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2022-05-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-04-11

The debtor has paid interest for the period 2022-04-09.

Notification of breach of payment obligation

2022-04-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2022-04-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-03-14

The debtor has paid interest for the period 2022-03-09. Payment delay days: 1.

Possible period delay

2022-03-14

The debtor has informed you of the possible delay in interest payment.

Notification of breach of payment obligation

2022-03-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2022-03-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-02-09

The debtor has paid interest for the period 2022-02-09.

Reminder about the upcoming deadline

2022-02-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-01-11

The debtor has paid interest for the period 2022-01-09.

Possible period delay

2022-01-10

The debtor has informed you of the possible delay in interest payment.

Reminder about the upcoming deadline

2022-01-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-12-14

The debtor has paid interest for the period 2021-12-09. Payment delay days: 1.

Possible period delay

2021-12-10

The debtor has informed you of the possible delay in interest payment.

Reminder about the upcoming deadline

2021-12-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-11-09

The debtor has paid interest for the period 2021-11-09.

Period paid

2021-10-06

The debtor has paid interest for the period 2021-10-09.

Period paid

2021-09-09

The debtor has paid interest for the period 2021-09-09.

Period paid

2021-08-09

The debtor has paid interest for the period 2021-08-09.

Reminder about the upcoming deadline

2021-08-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-07-08

The debtor has paid interest for the period 2021-07-09.

Period paid

2021-06-14

The debtor has paid interest for the period 2021-06-09. Payment delay days: 5.

Possible period delay

2021-06-08

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-05-14

The debtor has paid interest for the period 2021-05-09. Payment delay days: 5.

Possible period delay

2021-05-08

The debtor has informed you of the possible delay in interest payment.

Business loan terms

About the loan

Amount of funding 153 000 €

LTV 49 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 18 mo.

Minimum loan period 3 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100.00 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 11.25 %
Investing from 500.00 € - fixed interest 11.5 %
Investing from 1 500.00 € - fixed interest 12 %
Investing from 5 000.00 € - fixed interest 12.25 %
Investing from 7 500.00 € - fixed interest 12.5 %

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 18 mo.

Minimum loan period 3 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2021-04-09

Estimated loan repayment date:* 2022-10-01

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 S.L. PROMOSUR SPAIN COSTA DEL SOL

Company registration address

Pza. Luceros 17 Alicante Ispanija 9

S.L. PROMOSUR SPAIN COSTA DEL SOL is active in the real estate business, administration, management and development.

The company has an experienced manager and shareholder who is a Lithuanian citizen and has experience in the real estate market, as well as knows its specifics and has been doing business in this field for more than 3 years, including Spain. The company plans a growing revenue and profitable year 2021.

Loan protection collateral

Purpose of a business loan

Financing requires an amount of 153 000 EUR.

Loan collateral

Mortgage of the first line of existing real estate - Mortgage. The loan will be repaid from the sale of the company's assets, future profits or after refinancing the loan.

Investment risk: C (higher)

LTV: 49%

Pledged property: apartments with a total area of 231.10 m2 (un.nr 2555802YH0025N0001UA, these premises will be divided into 4 separate units), parking space No.2 (un.nr. 2555802YH0025N0035OD), area 15.30 m., parking space No.3 (un. no. 2555802YH0025N0036PF) with an area of 11.00 m2., parking space No.4 (un.nr. 2555802YH0025N0037AG) with an area of 11.00 m2., parking space No.5 (un.nr. 2555802YH0025N0038SH) with an area of 11.25 m2 ., parking place No.6 (un.nr. 2555802YH0025N0039DJ), with an area of 8.50 m2, located at the address Torreagüera str.1, Torevjecha city, Alicante region, Spain.

Value of mortgaged property: 313 546 EUR

Interest:

• When investing from 100 EUR - interest 11.25%

• When investing from 500 EUR - interest 11.5%

• When investing from 1 500 EUR - interest 12%

• When investing from 5 000 EUR - interest 12.25%

• When investing from 7 500 EUR - interest 12.5%

Loan term

18 months (with the possibility of repayment earlier, but not earlier than after a period of 3 months).

If the Borrower repays the Loan amount or part thereof earlier than 3 months after the due date of 18 months, it undertakes to pay interest to the Lender for a period of 3 months. After a period of 3 months, the Borrower may repay the loan (together with the applicable interest) without any additional fees.

Company loan repayment period

Estimated start date of the loan: 2021 10 01

Expected repayment date of the loan: 2022 01 01 - 2022 02 01

Strengths and risks

SWOT analysis of the project beneficiary:

Stenghts - First lien on existing real estate - Mortgage.

Weaknesses - the borrower's company is new, the activity is starting.

Opportunities - The borrower's expected average annual interest rate payable is 11.25 - 12.75%.

Threats - Uncertain economic situation.

Documents

#	File name	File type	Actions
1	Propertyvaluation 2108XVAVI_TORREVIEJA.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

Amount of funding 153 000 €

LTV 49 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 18 mo.

Minimum loan period 3 mo.

Collateral

Real estate pledge

Mortgage rank First order mortgage

Investment from 100.00 €.

Interest

Annual interest rate

Investing from 100.00 € - fixed interest 11.25 %
Investing from 500.00 € - fixed interest 11.5 %
Investing from 1 500.00 € - fixed interest 12 %
Investing from 5 000.00 € - fixed interest 12.25 %
Investing from 7 500.00 € - fixed interest 12.5 %

Loan term and repayment

Loan period 18 mo.

Minimum loan period 3 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2021-04-09

Estimated loan repayment date:* 2022-10-01

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

Property type

Residential

Mortgage rank

First order mortgage

LTV

49%

Purpose of a business loan

Financing requires an amount of 153 000 EUR.

Loan collateral

Mortgage of the first line of existing real estate - Mortgage. The loan will be repaid from the sale of the company's assets, future profits or after refinancing the loan.

Investment risk: C (higher)

LTV: 49%

Value of mortgaged property: 313 546 EUR

Interest:

• When investing from 100 EUR - interest 11.25%

• When investing from 500 EUR - interest 11.5%

• When investing from 1 500 EUR - interest 12%

• When investing from 5 000 EUR - interest 12.25%

• When investing from 7 500 EUR - interest 12.5%

Loan term

18 months (with the possibility of repayment earlier, but not earlier than after a period of 3 months).

Company loan repayment period

Estimated start date of the loan: 2021 10 01

Expected repayment date of the loan: 2022 01 01 - 2022 02 01

Project updates

Loan repaid

2023-04-15

The debtor has repaid the loan. Duration of loan 539 d.

Period paid

2022-09-30

The debtor has paid interest for the period 2022-10-01.

Period paid

2022-09-08

The debtor has paid interest for the period 2022-09-09.

Period paid

2022-08-09

The debtor has paid interest for the period 2022-08-09.

Reminder about the upcoming deadline

2022-08-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-07-08

The debtor has paid interest for the period 2022-07-09.

Period paid

2022-06-09

The debtor has paid interest for the period 2022-06-09.

Reminder about the upcoming deadline

2022-06-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-05-26

The debtor has paid interest for the period 2022-05-09. Payment delay days: 10.

Possible period delay

2022-05-11

The debtor has informed you of the possible delay in interest payment.

Notification of breach of payment obligation

2022-05-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2022-05-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-04-11

The debtor has paid interest for the period 2022-04-09.

Notification of breach of payment obligation

2022-04-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2022-04-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-03-14

The debtor has paid interest for the period 2022-03-09. Payment delay days: 1.

Possible period delay

2022-03-14

The debtor has informed you of the possible delay in interest payment.

Notification of breach of payment obligation

2022-03-10

A reminder of breach of payment was sent to the Debtor

Reminder about the upcoming deadline

2022-03-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-02-09

The debtor has paid interest for the period 2022-02-09.

Reminder about the upcoming deadline

2022-02-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2022-01-11

The debtor has paid interest for the period 2022-01-09.

Possible period delay

2022-01-10

The debtor has informed you of the possible delay in interest payment.

Reminder about the upcoming deadline

2022-01-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-12-14

The debtor has paid interest for the period 2021-12-09. Payment delay days: 1.

Possible period delay

2021-12-10

The debtor has informed you of the possible delay in interest payment.

Reminder about the upcoming deadline

2021-12-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-11-09

The debtor has paid interest for the period 2021-11-09.

Period paid

2021-10-06

The debtor has paid interest for the period 2021-10-09.

Period paid

2021-09-09

The debtor has paid interest for the period 2021-09-09.

Period paid

2021-08-09

The debtor has paid interest for the period 2021-08-09.

Reminder about the upcoming deadline

2021-08-09

Debtor sent a reminder about the upcoming deadline for payment

Period paid

2021-07-08

The debtor has paid interest for the period 2021-07-09.

Period paid

2021-06-14

The debtor has paid interest for the period 2021-06-09. Payment delay days: 5.

Possible period delay

2021-06-08

The debtor has informed you of the possible delay in interest payment.

Period paid

2021-05-14

The debtor has paid interest for the period 2021-05-09. Payment delay days: 5.

Possible period delay

2021-05-08

The debtor has informed you of the possible delay in interest payment.

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Torreagüera str.1, Torevjecha city, Alicante region, Spain

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Nordstreet takes the following measures to ensure a safer investment:

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Loan protection collateral

Debtor

Strengths and risks

Documents

Nordstreet takes the following measures to ensure a safer investment:

Project updates

Secondary market

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Torreagüera str.1, Torevjecha city, Alicante region, Spain

Please register or sign in to access this information.

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Nordstreet takes the following measures to ensure a safer investment:

Please register or sign in to access this information.

About the loan

Investment from 100.00 €.

Interest

Annual interest rate

Loan term and repayment

Loan protection collateral

Debtor

Strengths and risks

Documents

Nordstreet takes the following measures to ensure a safer investment:

Project updates

Secondary market

Latest loans

Rožių st. 74, Panevėžys, Lithuania (3 stage)

Dovinės 18-oji str. 6, Liudvinavo vil., Marijampolės mun., Lithuania (1 stage)

Lubānas g. 133A, Riga, Latvia (3 stage)

Business loan #00340

Business loan #00328

Business loan #00337 (2 stage)

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Join the Nordstreet investor community!