The multi-apartment residential building at 27 Zielona Street, Nowy Sącz, Poland is a new construction project that will convert an existing building into residential apartments. You can find the project video material here.
The project developer successfully pays interest on the Nordstreet platform.
About Zielona str.27, fundraising for the Nowy Sącz project on the Nordstreet platform:
The loan will be repaid by the end of the project term through the sale of the project, the proceeds of the business or the refinancing of the loan.
Nordstreet takes these measures to guarantee a safe investment
About Zielona str.27, fundraising for the Nowy Sącz project on the Nordstreet platform:
Annual return on investment:
Zielona str.27, Nowy Sącz project description
"The Z - 27 project reflects the needs of modern youth, the living space is not burdened with complex technical solutions, which makes it easy to transform them according to customer needs.
The 7-storey building has 63 properties. pcs, different areas, from 17.99 m2 to 49.88 m2. The building is located in a block of individual houses, its uniqueness is the number of floors and the panorama opening from the upper floors. For this reason, it is planned to install larger apartments with balconies. Bicycle storage is planned for each bed.
Project location
Zielona Street where the building stands is a transit artery of the city that connects several main streets of the city. There is a business school and several supermarkets nearby.
Project developer - PLC "Projekto owner", which specializes in the preparation of investment projects, their management, object search, development and sales. The company's shareholders and managers have developed successful real estate projects both in Vilnius and beyond in other cities and abroad. Below is a list of projects in Lithuania that were developed or participated in by the administration and owners of this project:
- Panerių st. conversion of warehouse premises into a multi-apartment residential building with administrative premises.
- Administrative building, Daugėliškio str. investment project preparation and management.
- Holiday home repair. investment project management and sales. Mokyklos street, Palanga.
- Administrative building Kauno str. investment project preparation and management.
- Wojska g. 18, Mrzeżyn Town, Gryfice County, Poland. (project funded on Nordstreet platform)
- Other real estate projects, their maintenance and administration in Vilnius, Naujamiestis and Senamestis. In Nemenčinė and Trakai.
More about the developer and business model can be found here.
Mortgaged property
building and land plot with a value of 919 788 Eur (July 9 exchange rate). You will find more information about the valuation of the property in the attached files (in the Documents section at the bottom of the project description).
Loan collateral
After the project funds are raised, the property will be pledged in favor of investors with a first-line mortgage.
Loan to value ratio: 67%
Loan repayment
The loan is planned to be repaid by the end of the project term after the sale of the project, from the company's income or after refinancing the loan.
Current situation and business model
- The project envisages the formation of 63 new residential flats / apartments with a total area of up to 2100 m2.
- 51 newly planned residential flats / apartments are already reserved, i.e. advances have been received for them.
- The project completion date is planned for the fourth quarter of 2020.
Date | Status | Late | Assignment date |
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![]() | Paid | No | 28 September 2020, 00:00 |
![]() | Paid | No | 28 October 2020, 12:35 |
![]() | Paid | No | 30 November 2020, 13:48 |
![]() | Paid | No | 28 December 2020, 21:37 |
![]() | Paid | No | 28 January 2021, 00:00 |
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Amount €
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