• Significant construction progress: After the last financing stage, the project continued to be developed using the owner’s own funds and has currently reached approximately 75% completion.
• Guarantee: The owner of the real estate provides an additional personal guarantee for the full loan amount.
• Significant investment: The project owner has invested EUR 86,000 of personal funds into the project, representing a substantial share of the project costs incurred to date.

About the Project:
The project owner continues the construction of a single-family residential house. The project is progressing according to the original plan, and since the last financing stage on 2025-07-09, construction works have been continued using the owner’s own funds. The current completion level of the building is approximately 75% (previously about 60%), therefore the current property value is expected to be significantly higher than the valuation dated 2025-06-18.

The single-storey house will have a total area of 172.2 m² and four fully equipped rooms meeting modern living standards. Interior installation works are currently in progress, and the completion of the project is planned within the next 3–4 months, after which the property is planned to be placed on the market for sale.

At this stage, the raised funds will be used to refinance the existing PROFITUS loan, providing the project owner with additional time to complete construction works and sell the property.

Loan information:
This loan will be repaid from the sale proceeds of the project, which are estimated at EUR 265,000 excluding VAT, or by refinancing the loan. Interest to investors will be paid from the project owner’s operating income.

This project is financed in stages. The maximum financing amount is EUR 100,000. The project is financed according to the current valuation of the pledged property until the maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation must be performed and further financing stages of the project will only be announced and collected if the established maximum LTV is not exceeded.

The term of the project stage is 11 months, but no later than 2027-02-21.

We plan to raise the funding within 7 days, with the possibility to extend the fundraising period up to 30 days if the amount is not collected.