Update from the originator:
Due to the longer-than-planned pledge period, the borrower agreed to pay interest from September. Therefore, the interest for the not-performing period of the loan was recovered.
Commercial premises on Krišjāņa Valdemāra Street, 145 k-1 - 55, Riga, Latvia - are attractive commercial premises on the 1st floor of a renovated building. For several years in a row, the tenant of these premises has been a well-known chain of stores in the Baltic States, under the brand name "Drogas" - a chain of beauty, health and home goods trade.
About Krišjāņa Valdemāra str., 145 k-1 - 55, project funding collection on 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 Krišjāņa Valdemāra str., 145 k-1 - 55, project funding collection on Nordstreet platform:
Annual return on investment
Krišjāņa Valdemāra st., 145 k-1 - 55 description
The mortgaged premises are located in a newly renovated building, in the central part of the city of Riga, in a perfectly visible place, in a good location. For several years in a row, the tenant of these premises has been a well-known chain of stores in the Baltic States, under the brand name "Drogas" - a chain of beauty, health and home goods trade.
Project developer - a private person, property owner who specializes in the development of investment projects generating rent in Riga. The owner of the premises has experience in several successful real estate projects in Riga, including:
- Residential apartment located at Akaciju str.6-15, Riga, Latvia, which is generating additional rent.
- Commercial premises Kr. Valdemara g. 103-48, Riga, Latvia, which is generating additional rent.
- Commercial premises Pilkveza Brieza str.3, Riga, Latvia, which is generating additional rent.
The project owner has successfully paid previous obligations to the credit institution.
Mortgaged property
Commercial premises with a value of EUR 393 000 Eur. You can find more information about the property valuation in the attached files (in the Documents section).
Loan collateral
After the project funds are raised, the property will be pledged in favor of investors by a first-line mortgage, taking over the pledge of the property from an existing creditor.
Loan to value ratio: 25%
Loan repayment: The loan is planned to be repaid by the end of the project term after the sale of the project, from the income of a natural person or after refinancing the loan.
Date | Status | Late | Assignment date |
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![]() | Paid | No | 06 November 2020, 17:33 |
![]() | Paid | No | 06 November 2020, 17:33 |
![]() | Paid | No | 10 December 2020, 12:49 |
![]() | Paid | No | 02 February 2021, 00:00 |
![]() | Paid | No | 31 December 2020, 12:07 |
![]() | Paid | No | 15 February 2021, 00:00 |
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Amount €
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