• Strategic location: The project is located in Nida, one of the most attractive holiday destinations in Lithuania, where real estate objects are characterized by high prices and prestige.
• Reliable project manager: The project is developed by UAB "Project 19", a part of one of the largest real estate development groups in Lithuania. The CITUS group of companies has significant experience in real estate development - a total of 143 105,60 m² projects have been implemented or are under development.
• Equity: The project owner plans to invest 1,584,000 EUR of equity in the project development.

Interest by investment amount:
– From 100 EUR to 299 EUR – 7.50%
– From 300 EUR to 749 EUR – 7.90%
– From 750 EUR to 2 999 EUR – 8.30%
– From 3 000 EUR to 9 999 EUR – 8.70%
– From 10 000 EUR to 49 999 EUR – 9.10%
– From 50 000 EUR – 9.50%
Important: investments made separately are not aggregated and cannot be pooled.

Project Overview:
"Demus Nida Development” plans to acquire a leasehold interest in a plot of land with the buildings to be reconstructed on it, forming Phases II and III of the Nidos Banga project. The entire project is planned to include 32 apartments:

• Mazoji banga: 8 apartments with an average area of 40.6 m².
• Mariu banga: 24 apartments with an average area of 63.81 m².
• Common areas: The project also includes plans for a spa and restaurant areas with a total area of 626.05 m². The project also plans to provide 29 parking spaces and 17 storage units. Currently, the project has not yet received a reconstruction permit. During the financing period, the fund intends to obtain a reconstruction permit.

At the end of this loan term, upon obtaining a reconstruction permit, the project will be refinanced.

In the same area, the first phase of reconstruction developed by UAB "Project 19" has achieved excellent results - 27 out of 38 apartments have already been sold or reserved. This successful sale demonstrates a high level of interest in this location and confirms that investing in real estate in Nida is profitable.

Project Essence:
The financing of this project is intended to refinance the existing loan and provide time to obtain a reconstruction permit. Within 3-4 months, the project owner plans to sell this financing obligation to "Demus Asset Management". The apartaments sales process may take several months due to changes in shareholders until all information is officially registered in public registers.

Ultimate Project Manager:
The obligation will be transferred to the investment fund "Demus Nida Development“, which is managed by "Demus Asset Management". This company has a solid experience in real estate development and sales, having implemented successful projects such as "Visi savi" and "Link Ten". Currently, "Demus Asset Management" manages 8 active real estate development funds, and 2 more have already been successfully completed.

Loan Information:
This loan will be covered by refinancing, and interest will be paid from the project owner's operating income.

Maximum Planned Project Financing Amount: 3,899,999 EUR (already raised 300,000 EUR). The project is financed according to the current valuation of the collateralized property until it reaches the established maximum loan-to-value (LTV) ratio. Upon reaching the maximum LTV, a new property valuation must be performed, and further stages of Project Financing will be announced and collected only if the established maximum LTV is not exceeded.

We plan to raise the required amount within 7 days, with the possibility of extending up to 30 days if the funds are not raised.