• Strong Interest: 7 preliminary purchase agreements have already been signed, with a total value of contracts including VAT reaching 1,708,305 EUR. This indicates that the project is generating a lot of interest and that buyers are ready to invest in it.
• Fully furnished houses: Only fully furnished houses are offered by Lapino Namai. This means that buyers can move right in without the worry or extra costs of renovation. 
• Reliability and Experience: The developer's business model and many years of experience in residential development, home construction, and furnishing have enabled the creation of offers that meet market needs.
• Investment Opportunity: The project owner will use the funds raised for real estate development. This means the opportunity to contribute to the creation of new residential neighborhoods.

About the Project Owner:
The project owner has developed various real estate projects with a total area of approximately 4 300 m². The developer also has the status of a reliable developer and, together with PROFITUS, has financed seven unique real estate projects: "Lapino namai", "Namas Dusmenu g.", "Lapino namai Biciuliu terasose", "Namas Dusmenu g. 63", "Biciuliu Ateities g. namai", "Biciuliu namai", "Namas D45", "Ateities 50". The projects have been successfully completed.

About the project:
"Lapino namai" is a new-build block of detached houses being developed in the "Biciuliu terasos" housing estate. The project consists of A+ and A++ energy class one-storey detached and semi-detached houses with a unified architecture and spacious land plots of 4-9 hectares for each dwelling. In total, the development is planned to house as many as 46 families. The houses are fully finished and the size of each dwelling ranges from 62 to 179 m². Nearby there are forests, the Trakai Lakes and the castle, which can be reached by bike. The neighbourhood is located right on the Vilnius city border and the city centre is reachable within 20 minutes by car. The houses will be sold and the estimated sales income for the whole project is EUR 10,445,600. To find out more about „Lapino Namai" projects, visit the project website - here.

Project Progress:
The funds raised from previous stages are used to continue construction work. At this stage, there are 13 remaining plots of land where 13 houses are being developed: 4 detached and 9 semi-detached. Since the last stage, two new property valuations have been submitted for semi-detached houses located at Ateities st. 84 and Ateities st. 86, the value of which has increased to EUR 483,600.

Maximum amount to be financed: EUR 1,000,000 (EUR 673,720 active portfolio). The project is financed on the basis of the current valuation of the collateral until it reaches the established maximum loan-to-value ratio of 80% LTV. Once the maximum LTV has been reached, a new valuation of the property will have to be carried out and further rounds of financing for the Project will only be advertised and collected if the set maximum LTV is not exceeded. 

Interest by investment amount:
– From EUR 100 to EUR 199 – 12.00%
– From EUR 200 to EUR 499 – 12.50%
– From EUR 500 to EUR 1 499 – 13.00%
– From EUR 3 000  – 13.50%
Important: investments made separately are not aggregated and cannot be pooled.

We plan to raise the amount within 7 days, with the option of extending it to 30 days if we do not raise funds.