• Additional Security: Full personal surety for the entire loan amount is provided by the company’s shareholder and director.
• Attractive Location: The property is being developed approximately 1.8 km from Trakai city centre, in a rapidly developing residential area characterized by convenient infrastructure and an attractive living environment.
• Advanced Construction Stage: The property is in an active construction phase with a registered completion level of 52%, meaning the works are halfway completed and the remaining construction has been clearly planned until finalisation.

About the Project: 
The project owner is developing a semi-detached residential house in Trakai, at Pergalės g. 13. The pledged asset is a 122.58 m² apartment together with the corresponding share of the land plot. The registered completion level is currently 52%, indicating that construction works are midway. Loan funds will be used to complete construction up to partial finishing. Construction is planned to be completed within 8 months, with the sales process expected to start in Q4 2026. The planned sale price is approximately EUR 194,215 excluding VAT (approximately EUR 1,584/m² excluding VAT).

The property is being developed in Trakai — one of the most attractive cities in Lithuania for living and recreation, known for its unique natural environment, lakes, and historic old town. The object is located approximately 1.8 km from Trakai centre, ensuring convenient access to urban infrastructure, retail, education, and service facilities. Trakai is considered an attractive residential location due to its peaceful environment, proximity to Vilnius, and limited supply of new individual housing developments. As a result, demand for residential property in this segment remains stable.

Loan Information: 
The loan will be repaid from the sale proceeds of the pledged property, while interest will be paid from advance payments or the company’s working capital.

Maximum planned project financing amount: EUR 85,000. The project is financed based on the current valuation of the pledged asset until the established maximum Loan-to-Value (LTV) ratio is reached. Upon reaching the maximum LTV, a new valuation must be carried out, and further financing stages will only be announced and raised if the maximum LTV is not exceeded.

The targeted amount is planned to be raised within 7 days, with the possibility of extending up to 30 days if the full amount is not collected.