General Information

  • IRR%: 11.5
  • CoC%: -
  • Minimum: 100 EUR
  • Type: lending
  • Asset: residential-single
  • Investors: 309
  • Start Date: 2020-03-03
  • End Date: 2021-05-03
  • Target: 370k EUR
  • Completed: 100%

Additional Information

  • Sakiškės village, Bezdonys eldership, Vilnius district
  • -
  • -
  • -
  • Lithuania

Nordstreet guarantees a 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;

- failure to collect the required amount of funding before the start of the project will return all investments back to the invested persons. Upon application by the borrower for a lower loan amount, the financing may be deemed to be successfully completed at the lower amount.

Purpose of financing

  • funding for land preparation and construction of newly designed buildings.

Loan protection

  • Pledge of land (3 parts) with primary mortgage. Video can be found here
  • Company employee personal surety

Project investment return and interest payment

  • Investing from 100 €
  • Annual investment return on the project starting from 11.5% (investment details are described in the section Details)
  • The interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Borrower's Paysera account or to such other account (or accounts) as notified by the Borrower to the Operator in writing prior to the disbursement of the Loan Amount. Interest is paid monthly. 
  • Loan term: 14 months

Project offered by

Nordstreet.com

Nordstreet is a crowdfunding platform that radically changes real estate investment opportunities. Everyone has an opportunity to choose an RE project and inves...

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