• Attractive Location: The project is being developed in an exclusive part of Marijampolė – Pašešupys Park, near Sakura Island.
• Increased value: After a new property valuation, which included all 5 floors of the building according to the valid documents, the property value increased by 489,000 – from 1.016 million to 1.505 million EUR excluding VAT.
• Architectural Quality: The project was designed by award-winning architect Gintautas Vieversys, ensuring architectural solutions that combine aesthetics, functionality, and added value.
• Developer’s Experience: The company’s director has accumulated experience in developing over 15,000 m² of residential and commercial space. He has completed 6 residential housing complexes and established a network of 182 gas stations across Lithuania.

About the Project:
The project owner is developing a new residential real estate project “Sakurų Namai” (Sakura Homes), located at Parko g. 1D, Marijampolė. The project is being implemented in one of the most exclusive areas of Marijampolė – Pašešupys Park, near Sakura Island. The plan includes the construction of two five-story apartment buildings.

The funds raised during the loan term will be used exclusively for the construction of one building – Block A, titled “Migdolas.” This building is planned to include 20 apartments with a total sellable area of 1,134.12 m² and a project gross area of 1,432.68 m². Along with the apartments, 20 above-ground parking spaces will be sold.

Construction is already well advanced: the five-story structural frame has been built, along with foundations, floor slabs, walls, and the roof. According to the Center of Registers, the officially registered completion rate is 7%, though the actual completion is approximately 45%. The building is planned to be finished up to partial interior installation and reach an 85% registered completion rate by January 1, 2026. The majority of apartments are expected to be sold by April 1, 2026.

Since the last stage, no significant new construction progress has been recorded; however, a new property valuation was carried out, which included all 5 floors of the building according to the valid documents, and the property value increased by 489,000 EUR – from 1.016 million EUR to 1.505 million EUR excluding VAT. In addition, the apartment building has already been registered as separate property units – apartments.

The total planned sales revenue from the project – including apartments and parking spaces – is estimated at 2,660,000 EUR (excluding VAT). In this funding stage, the funds raised will be allocated to continue real estate development works.

Loan Information:
The loan will be repaid using revenue from the sale of the constructed property. Interest to investors will be paid from advance payments and the company’s own capital.

Maximum Planned Project Financing Amount: 1,250,000 EUR (650 000 EUR already raised). The project will be financed according to the appraised value of the mortgaged property, until the maximum Loan-to-Value (LTV) ratio is reached. Once the LTV limit is reached, a new property valuation will be required, and further financing stages will only proceed if the maximum LTV is not exceeded.

The targeted amount is planned to be raised within 7 days, with the option to extend the fundraising period up to 30 daysif the full amount is not collected.