• Advanced Project Stage: Since the first financing stage, the foundations, walls, floors, plumbing inlets, and roof have already been completed.
• Developer’s Experience: The project owner is an experienced developer who has already implemented more than 5,500 m² of projects in Denmark and Lithuania. His accumulated international experience ensures a responsible approach to construction processes and quality.
• Own Funds: The project owners investment - EUR 59,000 of personal funds into the project development.
• Attractive Location and Liquid Asset: Ringaudai is a rapidly growing suburb of Kaunas with high demand for residential housing.

Interest Rates by Investment Amount:
– From EUR 100 to EUR 499 – 8.00%
– From EUR 500 to EUR 1 999 – 8.30%
– From EUR 2 000 to EUR 6 999 – 8.60%
– From EUR 7 000 – 9.00%
Important: Individual investments are not combined or aggregated.

About the Project:
The project owner acquired a 0.1277 ha land plot and prepared design proposals for the construction of a semi-detached house. The project includes two spacious apartments of about 103–104 m² each, with a total living area of 207.32 m². Since the first financing stage, the project has reached an advanced stage: foundations, walls, floors, plumbing inlets, and the roof have already been completed.

The construction is taking place in a strategically attractive location – Ringaudai settlement, Kaunas district, Klevų Street. This is a quiet, rapidly expanding residential area highly valued by young families, with convenient connections to Kaunas city. The goal of the development is to complete the house to 85% readiness and sell it either with partial finishing or fully completed, depending on market conditions. This flexible model allows optimal use of market potential and ensures smooth realization. The project is implemented by a profitable company whose shareholder has extensive real estate development experience both in Lithuania and abroad – with more than 5,500 m² of total developed area.

Loan Information:
The financed funds will be used to refinance the existing Profitus loan and complete the project. The loan will be repaid from property sales revenue, while interest will be paid from operating income. The estimated sales revenue of the project is at least EUR 330,579.

Maximum financed amount: EUR 230,000. The project is financed based on the current collateral valuation until the maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation will be required, and further financing stages will only be launched if the set maximum LTV is not exceeded.

The fundraising period is planned for 7 days, with the possibility to extend up to 30 days if the target is not reached.