Nordstreet guarantees safe investment - without collecting the required funds until the start of the project, i.e. November 24th all investments will be returned to the invested people back.
The object of the loan is non-residential buildings located in the Old Town, which require financing - for the redemption of premises and partial installation.
The loan amount is 82,500 Eur (eighty two thousand and five hundred euros).
The maturity of the loan is 36 months.
The loan return on investment is 9%.
Loans are mortgaged property - a property with a market value of EUR 114,800 (one hundred and fourteen thousand and eight hundred euros).
According to the latest evaluation of real estate agency UAB "Cre pro", the market value of mortgaged property is EUR 114,800.
The ratio of LTV (loan-to-value) to 69%.
Loan interest is repaid every month starting in 2018. December. The full loan would be repaid at the end of the project by selling the entire project, premises individually or from the business income of the company.