Loan Amount
€25,000.00
Initial offer
€23,750.00
Available
€21,308.62
Available
€21,308.62
IR
13.00 %
LTV
-
Term
10 mo. 14 d.
€2,441.38 of €23,750.00

Loan details

Loan Type
Development Project
Loan Amount
25,000.00
Amortization method
Non-amortized
Date Listed
10.05.2019
Date Issued
10.05.2019
Maturity date
09.04.2020
Loan Originator
Primo invest SIA
Security
Guaranteed buyback

BuyBack guarantee in case of borrower's payments delay for more than 60 days

There is an agreement that SIA Primo Invest issues a loan to Norwegian Company under investment contract dated 07/03/2019 to finance the development project in Buvika, Norway. Money will be used to finance building 2 houses containing 5 apartments each.

The collateral of loan is the land, including the building.

In current project borrower is a general contractor, who obtained a right to build 2 3-floor apartment houses in Buvika, Norway with total area 1570 m2.

Project timeline:

Start of the foundation: March 2019

Start of supply elements: April 2019

External finishing and completion of project: April 2020

 

Additional Information

Norwegian company is a building contractor in Norway, whose team is a part of affiliated companies that have an extensive experience in construction industry, developing more than 180 building across Scandinavia, including multi-story apartment complexes, hotels, apartment buildings and dozens of private houses.

Property condition

All brand-new, turnkey design finishing

Building material

Timber

Number of houses

2

Number of apartments

10

Total Area of buildings

1570 sq.m. (2 houses, 10 apartments)

Total Area of land

3100 sq. m.

Address

Country:  Norway

Town: Buvika

Region: Trondelag

Number of floors

3

Number of rooms per apartments

5

Year of completion

2020

 

DESCRIPTION

• General contractor has obtained a right to build 2 identical houses with 5 apartments each in the new neighborhood in Buvika, Norway;

• The townhouses are built for the future sale;

• Each townhouse will have 3 floors;

• Buvika is a small town in Norway, located 25-minute drive to the 3 rd largest city Trondheim. Trondheim has 196,000 inhabitants, which will rise to 210,000 by 2030;

• Buvika lies along E39 European route, which connects Norway with Denmark;

• Property has a convenient location: the bus stop is 400m away from the property, kindergarten is 3 min drive or 1km away from the property;

• The property is overlooking beautiful Buvika Bay.

Collateral

The land and all real estate built on it.
Norway
Investor
Amount
Available
Total
Discount / Premium
Price
Investor
Amount €21,308.62
Available €21,308.62
Total €21,308.62
Discount / Premium 0.0%
Price €21,308.62
Investor Investor 1
Amount €50.00
-
-
-
-
Investor Investor 2
Amount €25.00
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-
-
-
Investor Investor 3
Amount €25.00
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-
-
-
Investor Investor 4
Amount €50.00
-
-
-
-
Investor Investor 5
Amount €30.00
-
-
-
-
Investor Investor 6
Amount €100.00
-
-
-
-
Investor Investor 7
Amount €25.00
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-
-
Investor Investor 8
Amount €20.00
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-
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-
Investor Investor 9
Amount €50.00
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-
-
Investor Investor 10
Amount €20.00
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-
-
Investor Investor 11
Amount €25.00
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Investor Investor 12
Amount €25.00
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Investor Investor 13
Amount €20.00
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Investor Investor 14
Amount €10.00
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Investor Investor 15
Amount €10.00
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Investor Investor 16
Amount €25.00
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Investor Investor 17
Amount €10.00
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Investor Investor 18
Amount €15.00
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-
Investor Investor 19
Amount €10.00
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-
Investor Investor 20
Amount €10.00
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Investor Investor 21
Amount €10.00
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Investor Investor 22
Amount €10.00
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Investor Investor 23
Amount €10.00
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Investor Investor 24
Amount €20.00
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Investor Investor 25
Amount €50.00
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Investor Investor 26
Amount €20.00
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Investor Investor 27
Amount €20.00
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Investor Investor 28
Amount €10.00
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Investor Investor 29
Amount €20.00
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Investor Investor 30
Amount €20.00
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Investor Investor 31
Amount €20.00
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Investor Investor 32
Amount €20.00
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Investor Investor 33
Amount €100.00
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-
Investor Investor 34
Amount €10.00
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-
Investor Investor 35
Amount €10.00
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Investor Investor 36
Amount €100.00
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Investor Investor 37
Amount €20.00
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Investor Investor 38
Amount €10.00
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Investor Investor 39
Amount €20.00
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Investor Investor 40
Amount €10.00
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Investor Investor 41
Amount €10.00
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Investor Investor 42
Amount €15.00
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Investor Investor 43
Amount €10.00
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Investor Investor 44
Amount €10.80
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Investor Investor 45
Amount €10.83
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Investor Investor 46
Amount €15.90
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Investor Investor 47
Amount €10.84
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Investor Investor 48
Amount €100.00
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Investor Investor 49
Amount €23.79
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Investor Investor 50
Amount €10.00
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Investor Investor 51
Amount €10.00
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Investor Investor 52
Amount €12.00
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Investor Investor 53
Amount €20.57
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Investor Investor 54
Amount €20.00
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Investor Investor 55
Amount €20.00
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Investor Investor 56
Amount €10.00
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Investor Investor 57
Amount €10.00
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Investor Investor 58
Amount €26.21
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Investor Investor 59
Amount €20.00
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Investor Investor 60
Amount €20.00
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Investor Investor 61
Amount €25.00
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Investor Investor 62
Amount €10.00
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Investor Investor 63
Amount €10.00
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Investor Investor 64
Amount €20.00
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Investor Investor 65
Amount €50.00
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Investor Investor 66
Amount €20.00
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Investor Investor 67
Amount €10.00
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Investor Investor 68
Amount €10.00
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Investor Investor 69
Amount €10.00
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Investor Investor 70
Amount €10.00
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Investor Investor 71
Amount €20.00
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Investor Investor 72
Amount €20.00
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Investor Investor 73
Amount €10.00
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Investor Investor 74
Amount €20.00
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Investor Investor 75
Amount €20.00
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Investor Investor 76
Amount €25.00
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Investor Investor 77
Amount €25.00
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Investor Investor 78
Amount €15.00
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Investor Investor 79
Amount €10.00
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Investor Investor 80
Amount €20.00
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Investor Investor 81
Amount €10.00
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Investor Investor 82
Amount €20.00
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Investor Investor 83
Amount €20.00
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Investor Investor 84
Amount €20.00
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Investor Investor 85
Amount €13.55
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Investor Investor 86
Amount €19.59
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Investor Investor 87
Amount €14.78
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Investor Investor 88
Amount €14.47
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Investor Investor 89
Amount €10.00
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Investor Investor 90
Amount €10.00
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Investor Investor 91
Amount €10.18
-
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Investor Investor 92
Amount €20.00
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Investor Investor 93
Amount €30.00
-
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Investor Investor 94
Amount €20.00
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Investor Investor 95
Amount €10.00
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Investor Investor 96
Amount €10.00
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Investor Investor 97
Amount €10.00
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Investor Investor 98
Amount €20.00
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Investor Investor 99
Amount €10.00
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Investor Investor 100
Amount €50.00
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Investor Investor 101
Amount €20.00
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Investor Investor 102
Amount €10.00
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Investor Investor 103
Amount €10.00
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Investor Investor 104
Amount €20.00
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Investor Investor 105
Amount €20.00
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Investor Investor 106
Amount €12.00
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Investor Investor 107
Amount €10.00
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Investor Investor 108
Amount €10.00
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Investor Investor 109
Amount €10.00
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Investor Investor 110
Amount €100.00
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Investor Investor 111
Amount €20.00
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Investor Investor 112
Amount €10.00
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Investor Investor 113
Amount €10.00
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Investor Investor 114
Amount €15.00
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Investor Investor 115
Amount €10.87
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Investor Investor 116
Amount €10.00
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Investor Investor 117
Amount €10.00
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Investor Investor 118
Amount €50.00
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-
Date
Principal
Interest
Total
Received i
Payment date
Status
Date 10.06.2019
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 10.07.2019
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 10.08.2019
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 10.09.2019
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 10.10.2019
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 10.11.2019
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 10.12.2019
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 10.01.2020
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 10.02.2020
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 10.03.2020
Principal €0.00
Interest €257.29
Total €257.29
-
-
Status Scheduled
Date 09.04.2020
Principal €23,750.00
Interest €248.99
Total €23,998.99
-
-
Status Scheduled
Loan Amount
€25,000.00
Initial offer
€23,750.00
Available
€21,308.62
Available
€21,308.62
IR
13.00 %
LTV
-
Term
10 mo. 14 d.
€2,441.38 of €23,750.00

Loan details

Loan Type
Development Project
Loan Amount
25,000.00
Amortization method
Non-amortized
Date Listed
10.05.2019
Date Issued
10.05.2019
Maturity date
09.04.2020
Loan Originator
Primo invest SIA
Security
Guaranteed buyback