General Information

  • IRR%: 11.5
  • CoC%: -
  • Minimum: 100 EUR
  • Type: lending
  • Asset: commercial
  • Investors: 112
  • Start Date: 2019-11-13
  • End Date: 2021-05-13
  • Target: 76k EUR
  • Completed: 100%

Additional Information

  • Taikos Ave. 116V, Dainava eldership, Kaunas, Lithuania
  • -
  • -
  • -
  • Lithuania

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:

  •    Financing of construction work for newly constructed building and land preparation.

Loan protection:

  •   Land pledge on primary mortgage

Project return on investment and interest payment

  • Investing from 100 €
  • Annual investment return on the project 11.5% (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: 18 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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