• Liquidity: The property under development is nearly complete (86% of construction works finished), is highly liquid, and is strategically located in an area with well-developed social and engineering infrastructure.
• Guarantee: The company's shareholder provides an additional guarantee for the entire loan amount.
• Uniqueness: One unit in a semi-detached house with a 36.58-acre plot will have direct access to Lake Salote.                      

About the Project:
The project owner is developing a semi-detached house in Raisiai village. Currently, the registered completion of the semi-detached house, according to the Centre of Registers, is 86%. The developer intends to finish the semi-detached house with partial finishing and landscaping. After completing these works, the house will be sold.

Project Progress:
The raised funds will be used to refinance the existing obligation, as the semi-detached house was not sold within the planned timeframe due to market trends indicating a demand for properties with full, rather than partial, finishing. Due to the need for additional borrowing for the property development until full finishing, the project owner is seeking additional financing. Exterior works have been successfully completed at Raisiu st. 3C-2: the facade has been insulated and finished, a terrace has been built, and the surroundings have been landscaped. Inside, the walls have been erected, electrical installations, a heat recovery system have been installed, and plastering works have begun. At 3C-1, a terrace has also been built, engineering networks have been laid, and masonry and plastering works have been completed. Bathroom installation works are currently underway. Both houses are already adorned with new fences, and the yard of 3C-1 is decorated with a lawn. 

Loan Information:
This loan will be covered by the proceeds from the sale of the mortgaged property, which is estimated to be: Raisiu st. 3C-1 - approximately EUR 750,000 (EUR 3,363/m²), Raisiu st. 3C-2 - EUR 1,100,000, EUR 5,133/m²), totaling approximately EUR 1,850,000 including VAT. Interest payments to investors will be made from the project owner's operating income.

Maximum funding amount: 862,000 EUR. The project is financed according to the current valuation of the mortgaged property until it reaches the established maximum loan-to-value (LTV) ratio. Upon reaching the maximum LTV, a new property valuation will have to be carried out, and further stages of project financing will be announced and collected only if the established maximum LTV is not exceeded.

Interest by investment amount:
– From EUR 100 to EUR 299 – 9.20%
– From EUR 300 to EUR 749 – 9.70%
– From EUR 750 to EUR 4 999 – 10.20%
– From EUR 5 000 to EUR 14 999 – 10.70%
– From EUR 15 000 – 11.20%
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.