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 the preparation of two residential and one non-residential premises for sale located in the Old Town, which require funding for partial refinancing of the loan and final (with partial finishing) of the premises.
The amount of the loan is EUR 164 500 (one hundred and sixty four thousand five hundred euros).
Loan term is 12 months.
The annual return on loan investment is 10%.
The total return on the loan investment project is 10%.
Loan pledged assets are premises with a market value of EUR 219,800 (two hundred and nineteen thousand and eight hundred euros).
LTV (loan-to-value) ratio of 75%.
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.
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