We are supervised by
Ukmergės g. 326, Vilnius, Lietuva (1 stage)
Amount of funding
190 000 €
Value of collateral
481 000 €
LTV
60%
Annual interest rate
12% - 13%
Total expected project return
12% - 13%
Loan period
12 mo.
Risk
B (medium)
Purpose of the loan
Development loan
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
285
Raised:
190 000 € Goal:
190 000 €
190 000 € Goal:
190 000 €
100%
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | Išrašas iš NT registro.pdf |
|
|
| 2 | Dangų bei aukštų planai.pdf |
|
|
| 3 | Naudojimosi žemės sklypu tvarka.pdf |
|
|
| 4 | Turto vertinimas.pdf |
|
About the loan
Purpose of the loan
Real estate development
Amount of funding
190 000 €
Value of collateral
481 000 €
LTV
60 %
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
Purpose of the loan
An amount of EUR 288,000 is required for financing, which will be divided into two phases. The loan funds will be used for real estate, land plot at Ukmergės st. 326, Vilnius acquisition and development. The borrower plans to build 992 sq.m. m commercial building and rent it. The loan will be repaid by refinancing it in another financial institution, from the sale of assets or from company income.
About the project
Investment project - development of the commercial building at Ukmergės st. 326, Vilnius. The area of the land plot - 1997 square meters. The total area of the planned building is 992 square meters.
The project is located in the northern part of Vilnius, where intensive development of real estate projects (both commercial and residential) is taking place. The plot is located next to Ukmergės street, near which there are many different commercial facilities - store-warehouse DEPO, shopping center Maxima XXX, NORFA, LIDL, BIG, Topo centras, PROMO Cash&Carry, Senukai, "Vokė III" and other shops, various car showrooms and auto centers. Nearby are the business centers "One" (Ukmergės st. 322) and "Trio" (Perkūnkiemio st. 3, 5, 7), as well as the block of apartment buildings "Eitminų namai" (Eitminų st. 15, 17, 21). On the other side of Ukmergės street is the "DEPO Fabijoniškės" shopping center (Ukmergės st. 373), on the same plot (plot part A2) a new "Švaros broliai" tunnel car wash was built.
The social infrastructure is fully developed around the project - there are kindergartens, schools, grocery stores, cafes and other trade and service facilities within a short distance.
Communication with Vilnius city center is good, convenient access (asphalted roads, direct access from Ukmergės street), short distance to Vilnius city center (about 5.7 km), object visibility is ensured, which is especially important for commercial objects, public transport is nearby and other commercial attractions. The property is part of the commercial plots segment.
More about the project (see Documents).
Investment from 100 €.
Interest
Annual interest rate
- Investing from 100.00 € - fixed interest 12 %
- Investing from 1 000.00 € - fixed interest 12.25 %
- Investing from 5 000.00 € - fixed interest 12.5 %
- Investing from 10 000.00 € - fixed interest 12.75 %
- Investing from 15 000.00 € - 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:*
2023-06-12
Estimated loan repayment date:*
2024-06-12
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.
Latest loans
With NORDSTREET everyone can become an investor! Register now and start investing!
Need a Business Development Loan?
Grow your business faster! Getting a business loan secured through mortgage is much easier and faster with Nordstreet.
Why apply to Nordstreet for a business loan?
- Advertising and comfortable returns
- Speed and your choice when to return the loan
- Competence and simplicity
Success
Warning
- Invest from50.00 €
- Average return 12.56%
- Exclusive investment offers
- Property backedloans
