• Sales have already started: The sales of the first phase of the project have begun. One apartment has already been sold, and preliminary agreements have been made for 3 apartments. Currently, buyers are offered a duplex with two fully furnished apartments, while other apartments are sold with partial finishing.
• Clear Project Plan: The project develops 43 semi-detached houses to a partial finish, with each unit measuring approximately 103 m². The total built-up area is estimated at 8,858 m². The projected total sales revenue for the entire project is approximately EUR 18,000,000 including VAT.
• Significant Investment: The project owner has already invested approximately EUR 1,200,000 of their own funds in the acquisition of land plots and real estate development works.
• Additional Assurance: The entire loan is guaranteed by UAB Somaris, a company with 6 years of experience in real estate and a track record of developing over 3,000 m² of real estate.

Interest by investment amount:
– From 100 EUR to 249 EUR – 8.60%
– From 250 EUR to 499 EUR – 8.80%
– From 500 EUR to 999 EUR – 9.10%
– From 1 000 EUR to 1 999 EUR – 9.40%
– From 2 000 EUR to 4 999 EUR – 9.70%
– From 5 000 EUR to 9 999 EUR – 10.00%
– From 10 000 EUR to 24 999 EUR – 10.30%
– From 25 000 EUR – 10.60%
Important: investments made separately are not aggregated and cannot be pooled.

About the Project:
The project owner is developing a residential housing estate in the Vilnius district, on Bitininku Street. The developer has acquired 50 land plots where they intend to develop 43 semi-detached houses. Each apartment in the semi-detached houses will be approximately 103 m², and the total project area is about 8,858 m². The project owner will finish the semi-detached houses to a partial state and sell them. In the first phase of construction, 15 semi-detached houses have already been built, of which 13 are registered.

The first apartments are for sale:
Sales have already started: The sales of the first phase of the project have begun. One apartment has already been sold, and preliminary agreements have been made for 3 apartments. Currently, buyers are offered a duplex with two fully furnished apartments, while other apartments are sold with partial finishing.

Loan information: 
The developer seeks to obtain a loan for real estate development. Upon completion of the project, the semi-detached houses will be sold. The expected total sales revenue for the project is EUR 18,000,000 including VAT. The loan will be repaid from the project's sales revenue, and interest to investors will be paid from the project owner's operating income.

This project is financed in stages. The maximum funding amount is EUR 5,000,000 (EUR 3,089,963 has already been raised). The project is financed based on the current valuation of the collateral until the maximum Loan-to-Value (LTV) ratio is reached. Upon reaching the maximum LTV, a new property valuation must be carried out, and further project financing stages will be announced and collected only if the maximum LTV is not exceeded.

We plan to raise the amount within 7 days, with the option of extending it to 30 days if we do not raise funds.