• The funds raised will be used for working capital and to furnish the apartment until it is fully finished;
• The mortgaged property is liquid, 85% complete, and the location has a very beautiful landscape (nearby forests);
• The owner of the project has many years of experience in the construction sector.

About the project owner:
Since 2009, the head of the company has been developing public projects (clinics at LSMU (Kaunas), Rail baltica, School (Gabijos, CMM), and since 2016, together with UAB PPI group, he has been constructing apartment buildings (Savanoriu prospectus, Virbeliskiu st.). Since 2020, the company has started to develop real estate on its own. At the beginning: ~70 units of one- and two-family dwellings with a total area of about 10 000 square meters, later: 12 Svajoniu St., a guest house complex (CO-living) is currently under construction with a total area of 3 300 square metres.

Project objective:
The owner of the project has purchased an apartment of 152.02 square metres in Antakalnis. The apartment is currently registered as 85% complete according to the Centre of Registers. The project owner intends to furnish the apartment in a modern way with all appliances and furniture. After completion of these works, the apartment with 2 parking spaces will be for sale. The estimated sale proceeds are EUR 815 000. The loan will be covered by the sale proceeds.

Interest by investment amount:
– From EUR 100 to EUR 499 – 9.2%
– From EUR 500 to EUR 2 499 – 9.7%
– From EUR 2 500 to EUR 4 999 – 10.2%
– From EUR 5 000 to EUR 14 999 – 10.7%
– From EUR 15 000 to EUR 29 999 – 11.2%
– From EUR 30 000 to EUR 99 999 – 11.7%
– From EUR 100 000 – 12.2%
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 21 days if we do not raise funds.