Nordstreet guarantees safe investment:
- The loan-to-value (LTV) ratio of the project will not exceed the LTV ratio provided in the project description if the project is funded in stages;
- If the required financing amount is not collected before the start of the project, all investments will be returned to the investees. If borrower request for a smaller amount of the loan grant - funding can be considered successful completion of entering a lower amount.
Purpose of financing:
- The financing the construction of a new building.
- Pledge of land with a construction permit and not finished building on primary mortgage
Project return on investment and interest payment
- Investing from 100 €
- Annual investment return on the project 11% (investment details are described in section Detailed information)
- Interest of the loan is calculated from the end date of the auction and is paid monthly. The amount invested is repaid when the project developer repays the loan.
- Loan term: 6 months.