Projects list

Rasos st. 12 and 12A, Ringaudai, Kauno d. mun., Lithuania (1 stage)

Waiting for investments

Amount of funding 100 000 €

LTV 65%

Annual interest rate 14.00% - 15.00%

Total expected project return 14.00% - 15.00%

Loan period

12 mo.

Risk

C (higher)

Purpose of the loan

Development loan

Collateral Real estate pledge

Country

Lithuania

Investors 8

Raised:
2 850 € Goal:
100 000 €

2.85%

How much will I earn if I invest:

Investment size

100.00 €

97 150.00 €

14% 14.25% 14.5% 14.75% 15%

With this project in one month I will earn

€

After 12 months I will earn

€

* This calculator is exemplary and provides approximate results. Please note that the actual earnings may differ from the results provided by the calculator

Business loan terms

About the loan

Purpose of the loan Real estate development

Amount of funding 100 000 €

LTV 65 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 12 mo.

Minimum loan period 4 mo.

Collateral

Real estate pledge

Guarantees / surety

Mortgage rank First order mortgage

Amount allocated by project owner 203 000.00 €

The purpose of the loan

The amount of EUR 377 000 is required for the financing, which is raised in stages. The loan proceeds will be partly used to refinance an existing loan with another financial institution, and the other part will be used to refinance the real estate objects, i. e. a 291,91 sq.m. residential house with the address of Kaunas d., Ringaudų mun., Ringaudai, Rasos st. 12, Lithuania, for the renovation of the house and for the completion of the development and installation of a 137,90 sq.m. dwelling house (with terrace) with the address of Kaunas d., Ringaudų mun., Ringaudai, Rasos st. 12A, Lithuania. The loan will be repaid by refinancing with another financial institution or from the proceeds of the sale of the property. The amount to be contributed by the project owner himself is EUR 203 000.

About the project

The property consists of two separate plots of land with residential buildings:

a) Property at Rasos st. 12, Ringaudai, Ringaudų mun., Kaunas d., Lithuania:

Land plot: 0,1005 ha
Purpose: territories of single-family and semi-detached residential buildings
Dwelling house:
Construction year: 1992
Completion date: 100%
Total area: 291,91 sq. m.
Residential area: 191,28 sq. m
Living area: 120,12 sq. m
Basement: 100,63 sq. 1
Number of storeys: 1
Number of rooms: 6
Constructions: brick walls, metal roofing
Enginery: communal water supply, sewage, gas, local central heating
Additional constructions: yard constructions (wells etc.))
This is a fully furnished, operational residential house with a functional layout, suitable for permanent residence.

b) Property at Rasos st. 12A, Ringaudai, Ringaudų mun., Kaunas d., Lithuania:

Land plot: 0,0765 ha
Purpose: territories of single-family and semi-detached residential buildings
Residential house:
Start of construction: 2016
End of construction (planned): 2025
Completion rate: 67 %
Total area: 137,90 sq. m.
Number of storeys: 1
Constructions: blocks, metal roof
Heating: individual system
Utilities: municipal water supply and sewage
This is an unfinished residential house which allows the new owner to complete the installation according to his/her own needs.

The total market value of the mortgaged property is EUR 578 000 (Rasos st. 12 - EUR 306 000; Rasos st. 12A - EUR 272 000).

Taking into account the use, location and physical characteristics, the optimal use of the property is individual residential use (the existing use is considered to be the best use), with possible additional uses: two-family residence; investment (rental or resale after completion); development of a residential project (in particular for parcel 12A).

Factors for attractiveness and liquidity assessment:

good location in the suburbs of Kaunas;
fully equipped one residential house;
additional development potential (unfinished house);
developed infrastructure;
residential quarter.
unfinished construction (additional investment).

The liquidity of the property is assessed by the assessors as medium to good. The property is in a sought-after market, but liquidity may be compromised by its partial completion. Potential buyers: individuals (families) looking for residential housing in the suburbs; investors (able to complete the construction and sell/rent); property developers (for small-scale projects).

The mortgaged property is a residential real estate complex in an attractive location in Kaunas district, consisting of a fully furnished residential house and an unfinished building. The property has a good location, well-developed infrastructure and clear potential for use. Despite the partial completion of the construction, the property is attractive on the market, has investment potential and can be used both for living and investment. The overall attractiveness of the mortgaged property is assessed by the valuers as good and the liquidity as medium, with a tendency to improve after the completion of the construction works.

For more information on the project (see Documents).

Investment from 50.00 €.

Interest

Annual interest rate

Investing from 50.00 € - fixed interest 14 %
Investing from 1 000.00 € - fixed interest 14.25 %
Investing from 3 000.00 € - fixed interest 14.5 %
Investing from 5 000.00 € - fixed interest 14.75 %
Investing from 7 500.00 € - fixed interest 15 %

The Interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Debtor's Account or to such other account (or accounts) as notified by the Debtor to the Operator in writing prior to the disbursement of the Loan Amount.

Loan term and repayment

Loan period 12 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2026-05-29

Estimated loan repayment date:* 2027-05-29

If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.

* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.

Procedure for disputes between parties to a financing transaction

The investor has the right to withdraw their investment within 96 hours from the submission of the money lending proposal on the platform

Debtor

Company title MB Brainta

Company code 306153454

Company registration address

M. K. Čiurlionio g. 22 Kazlų Rūda Lietuva LT-69422

MB Brainta - company incorporated on 29 September 2022. Main activities: a) Wholesale of wood, building materials and sanitary ware (EVRK 467300); b) Wholesale trade on a fee or contract basis; c) Wholesale of solid fuels; d) Retail trade of building materials. The partnership may engage in any other activity which is not contrary to the legislation of the Republic of Lithuania.

Shareholders of the company:

Justė Bertauskienė - 50% of shares;
Titas Bertauskis - 50% of shares.

Loan protection collateral

Loan collateral:

The property located at Rasos st. 12 and 12A, Ringaudai, Ringaudų mun., Kauno d., Lithuania shall be pledged as a mortgage of the first rank:

Land plot of land with the address Rasos st. 12, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 4400-6124-5550, cadastral No. 5250/0010:1782 in Noreikiškės k. v.., area - 0,1005 ha, the main use of the object - Other, the method of use - Territories of one- and two-family residential buildings;
Building - Residential house, the address of which is Rasos st. 12, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 5299-2027-7010, total area - 291,91 sq. m, the main use of the object - Single-family dwelling, completeness - 100%;
Other engineering structures - Yard structures (well, drainage well, sewerage well), the address of the building is Rasos st. 12, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 5299-2027-7021, the main use of the object - Other, completeness - 100%;
Land plot, the address of which is Rasos st. 12A, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 4400-6124-5107, cadastral No. 5250/0010:1783 Noreikiškės k., area - 0,0765 ha, main use of the object - Other, use type - Territories of one- and two-family residential buildings;
Building - Residential house (with terrace), address Rasos st. 12A, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 4400-5742-3039, total area - 137,90 sq. m, the main use of the object - Single-family dwellings, the completion rate - 67%.

Value of the pledged property: 578 000 EUR.

Additional security:

Company's (Borrower's) guarantee (promissory note in double amount);
Personal guarantees of the shareholder and director Justė Bertauskienė and the shareholder Titas Bertauskis;
Deposit of three (3) months interest.

Description of the mortgaged property

The mortgaged immovable property is located in Kaunas district, Ringaudai municipality, Ringaudai, at the addresses of Rasos st. 12 and Rasos st. 12A. Kaunas district is closely connected to Kaunas city, which is the second largest city in Lithuania and an important economic, educational and transport centre of the country.

Ringaudai sub-district is one of the more attractive residential areas of Kaunas suburbs, characterised by intensive development of individual residential houses, improving infrastructure and a favourable social environment. The area is classified as a zone of single-family and semi-detached residential buildings, which indicates a clear predominance of residential use and stable urban development.

Connections with Kaunas city are convenient - the object is located in the suburban zone, and is therefore accessible both by private transport and public transport. The proximity to Kaunas city provides good access to jobs, education, health care and shopping facilities.

The property is accessed via local streets (Rasos g.), which serve the block of individual houses. These streets are generally low-volume and provide a quiet residential environment.

The engineering infrastructure is well developed: the properties are connected to the municipal water supply and sewage networks, and there is access to other engineering networks, which enhances the comfort and functionality of the residence. It was also established that some of the plots fall within the protection zones of engineering networks (electronic communications and water management infrastructure), but these zones are limited in area and do not have a significant impact on the use of the property.

The location of the mortgaged property is assessed by the appraisers to be good - the property is located in an attractive suburban residential area of Kaunas, with good transport links, developed infrastructure and a stable residential environment. This location is marketable, suitable for individual living and ensures long-term liquidity of the property.

For more information (see About the project) (see Documents).

Strengths and risks

Strengths:

Company guarantee (bill of exchange) and guarantee of its director and shareholder.
The first order of real estate pledge - mortgage.
3 months interest deposit

Weaknesses:

Borrower 's activities are in a competitive sector.
The company is operating at a loss.
The company experienced a loss.

Possibilities:

The annual interest rate payable by the borrower is 14.00-15.00%.

Threats:

Uncertain economic situation.
Loan refinancing.
Rising cost of building materials.

Documents

#	File name	File type	Actions
1	Nuostatai Brainta, MB.pdf
2	Turto vertinimo ataskaita.pdf
3	PIID (1 etapas).pdf

Important

Nordstreet takes the following measures to ensure a safer investment:

The loan to value ratio of the project will not exceed the LTV ratio provided in the project description, including in cases when the project will be financed in stages.
If the required amount of funding is not collected before the start of the project, all investments will be returned to the investors. Upon application by the Debtor, the financing may be considered to have been successfully completed with a smaller amount collected, the financing of the project may be divided into several stages and / or the financing period of the project may be extended. In these cases, Nordstreet informs the funders and publishes the information on the completion of the project with a smaller amount, the division of the project funding into several stages or the extension of the project funding period on its website together with other information about the project.
By investing in a project, financiers acquire rights of recourse (claim rights). Nordstreet may provide the financiers with the possibility to transfer these claim rights to other users of the platform on the Secondary Market in accordance with the User Terms.
The activities of UAB Nordstreet are supervised by the Bank of Lithuania and UAB Nordstreet is included on the Public List of Operators of Crowdfunding Financing Platforms administered by the Bank of Lithuania.

About the loan

Purpose of the loan Real estate development

Amount of funding 100 000 €

LTV 65 %

Risk C (higher)

Payment of interest Every month

Loan repayment At the end of the loan period

Loan period 12 mo.

Minimum loan period 4 mo.

Collateral

Real estate pledge

Guarantees / surety

Mortgage rank First order mortgage

Amount allocated by project owner 203 000.00 €

The purpose of the loan

About the project

The property consists of two separate plots of land with residential buildings:

a) Property at Rasos st. 12, Ringaudai, Ringaudų mun., Kaunas d., Lithuania:

Land plot: 0,1005 ha
Purpose: territories of single-family and semi-detached residential buildings
Dwelling house:
Construction year: 1992
Completion date: 100%
Total area: 291,91 sq. m.
Residential area: 191,28 sq. m
Living area: 120,12 sq. m
Basement: 100,63 sq. 1
Number of storeys: 1
Number of rooms: 6
Constructions: brick walls, metal roofing
Enginery: communal water supply, sewage, gas, local central heating
Additional constructions: yard constructions (wells etc.))
This is a fully furnished, operational residential house with a functional layout, suitable for permanent residence.

b) Property at Rasos st. 12A, Ringaudai, Ringaudų mun., Kaunas d., Lithuania:

Land plot: 0,0765 ha
Purpose: territories of single-family and semi-detached residential buildings
Residential house:
Start of construction: 2016
End of construction (planned): 2025
Completion rate: 67 %
Total area: 137,90 sq. m.
Number of storeys: 1
Constructions: blocks, metal roof
Heating: individual system
Utilities: municipal water supply and sewage
This is an unfinished residential house which allows the new owner to complete the installation according to his/her own needs.

The total market value of the mortgaged property is EUR 578 000 (Rasos st. 12 - EUR 306 000; Rasos st. 12A - EUR 272 000).

Factors for attractiveness and liquidity assessment:

good location in the suburbs of Kaunas;
fully equipped one residential house;
additional development potential (unfinished house);
developed infrastructure;
residential quarter.
unfinished construction (additional investment).

For more information on the project (see Documents).

Investment from 50.00 €.

Interest

Annual interest rate

Investing from 50.00 € - fixed interest 14 %
Investing from 1 000.00 € - fixed interest 14.25 %
Investing from 3 000.00 € - fixed interest 14.5 %
Investing from 5 000.00 € - fixed interest 14.75 %
Investing from 7 500.00 € - fixed interest 15 %

Loan term and repayment

Loan period 12 mo.

Minimum loan period 4 mo.

Loan repayment At the end of the loan period

Estimated start date of the loan:* 2026-05-29

Estimated loan repayment date:* 2027-05-29

If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.

* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.

Procedure for disputes between parties to a financing transaction

The investor has the right to withdraw their investment within 96 hours from the submission of the money lending proposal on the platform

Loan protection collateral

Collateral

Real estate pledge

Guarantees / surety

Property type

Residential

Mortgage rank

First order mortgage

LTV

65%

Documentation

Asset Valuation Report

Report preparation date

2026-04-18

Assessor

UAB Vertinimo partneriai

Loan collateral:

The property located at Rasos st. 12 and 12A, Ringaudai, Ringaudų mun., Kauno d., Lithuania shall be pledged as a mortgage of the first rank:

Land plot of land with the address Rasos st. 12, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 4400-6124-5550, cadastral No. 5250/0010:1782 in Noreikiškės k. v.., area - 0,1005 ha, the main use of the object - Other, the method of use - Territories of one- and two-family residential buildings;
Building - Residential house, the address of which is Rasos st. 12, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 5299-2027-7010, total area - 291,91 sq. m, the main use of the object - Single-family dwelling, completeness - 100%;
Other engineering structures - Yard structures (well, drainage well, sewerage well), the address of the building is Rasos st. 12, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 5299-2027-7021, the main use of the object - Other, completeness - 100%;
Land plot, the address of which is Rasos st. 12A, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 4400-6124-5107, cadastral No. 5250/0010:1783 Noreikiškės k., area - 0,0765 ha, main use of the object - Other, use type - Territories of one- and two-family residential buildings;
Building - Residential house (with terrace), address Rasos st. 12A, Ringaudai, Ringaudų mun., Kauno d., Lithuania, unique No. 4400-5742-3039, total area - 137,90 sq. m, the main use of the object - Single-family dwellings, the completion rate - 67%.

Value of the pledged property: 578 000 EUR.

Additional security:

Company's (Borrower's) guarantee (promissory note in double amount);
Personal guarantees of the shareholder and director Justė Bertauskienė and the shareholder Titas Bertauskis;
Deposit of three (3) months interest.

Description of the mortgaged property

The property is accessed via local streets (Rasos g.), which serve the block of individual houses. These streets are generally low-volume and provide a quiet residential environment.

For more information (see About the project) (see Documents).

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