• Liquid Asset: The project is being developed in a strategically convenient location – Europos Ave. 70, Kaunas. This is a rapidly developing part of the city, which contributes to the property's high attractiveness and liquidity.
• Reserved Units: 67% of the apartments and creative workshops have already been reserved. Additionally, a 12-year lease agreement has been signed with the main tenant of the second floor – one of the largest gym chains in Lithuania.
• Building Permit: The Kaunas City Municipality has issued a building permit for the project, allowing for major renovations of the building and changes to the designated use of certain premises.
• Works in Progress: Major renovation works are well underway – key preparatory stages have been completed, including demolition, new wall masonry, installation of facade frames, and window placement.

Interest by investment amount:
– From 100 EUR to 299 EUR – 7.50%
– From 300 EUR to 749 EUR – 7.80%
– From 750 EUR to 3 499 EUR – 8.20%
– From 3 500 EUR to 9 999 EUR – 8.60%
– From 10 000 EUR to 24 999 EUR – 9.00%
– From 25 000 EUR – 9.50%
Important: Individual investments are not aggregated and cannot be combined.

About the Project:
The project owner has acquired a four-storey industrial building at Europos Ave. 70, Kaunas, with a current total area of 8,005.19 m². The aim is to carry out a major renovation and expand the total area to 9,345.84 m². After the renovation, the building will be suitable for rent or sale, depending on the type of premises.

The development plan includes apartments on the fourth floor, and creative workshops and lofts on the third floor. Currently, 43 out of 63 unit sales agreements have already been signed. The premises on the first and second floors will be leased. The second floor is already fully leased – a 12-year agreement has been signed with one of Lithuania’s largest gym chains. Rental operations are planned to begin within the next 12 months upon completion of renovation works. Additionally, 80 parking spaces will be provided.

In the first financing stage, the raised funds will be used to refinance an existing loan from another credit institution. Once that obligation is refinanced, subsequent funding rounds will be allocated for the implementation of the building’s major renovation works. Renovation has already started – premises have been demolished, new walls have been built, floor structures reinforced, metal frames installed for façade openings, and windows fitted. To date, approximately 480,000 EUR has been invested into the renovation works.

Loan Information:
The loan will be repaid from real estate sales and rental income. Interest payments will be covered by the company's working capital or rental income. The total expected project revenue from sales and rent amounts to 10,938,721 EUR. If needed, the loan may be refinanced.

Maximum Planned Project Financing Amount: 4,820,000 EUR. The project is financed based on the current valuation of the pledged property until the maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is met, a new property valuation must be conducted, and further financing stages will only be launched if the set maximum LTV is not exceeded.

We plan to raise the targeted amount within 7 days, with the possibility to extend up to 30 days if the funds are not collected.