• Attractive Location: The project is being developed in the central part of Panevėžys city, where well-developed social and engineering infrastructure, convenient transportation connections, and proximity to the Nevėžis River and recreational areas increase the attractiveness for residential use.
• Liquidity: Limited supply of newly built housing in Panevėžys and demand for modern apartments create conditions for fast and smooth property sales.
• Clear Implementation Strategy: A prepared reconstruction project, an issued building permit, and a defined sales structure form the basis for consistent project execution and structured work planning.

Interest rates by investment amount:
– From 100 EUR to 349 EUR – 8.00%
– From 350 EUR to 999 EUR – 8.20%
– From 1 000 EUR to 4 999 EUR – 8.40%
– From 5 000 EUR – 8.60%
Important: individual investments are not aggregated and cannot be combined.

About the Project:
The developer acquired a former industrial pumping station building and yard structures located on a state-owned land plot at A. Jakšto g. 12, Panevėžys. A reconstruction project has been prepared and a building permit has been issued, providing for the conversion of the building into a multi-apartment residential building with administrative premises.

The reconstruction includes 32 residential apartments, 24 storage units, 6 administrative premises with a total saleable/leaseable area of approximately 455 m², and one commercial unit of approximately 54.79 m². The leased state-owned land plot provides 10 surface parking spaces.

The administrative premises are planned to be adapted and leased to a kindergarten, with 2 parking spaces allocated. Preliminary rental income from these premises is expected to amount to approximately EUR 6,000 per month plus VAT.

Projected apartment sales revenue amounts to EUR 4,652,311, while total projected project revenue amounts to EUR 5,679,772. The project is located approximately 850 meters from Laisvės Square in central Panevėžys. The area features developed infrastructure, convenient transport connections, and a mixed-use environment suitable for residential purposes. Nearby are educational institutions, shopping centres, healthcare facilities, and other services. Additional attractiveness is provided by the Nevėžis River and the Panevėžys old riverbed pond with recreational areas.

Upon reconstruction and adaptation to modern housing standards, apartment liquidity in this location is considered good. The central location, limited new housing supply in Panevėžys, and growing demand for quality housing support efficient and relatively quick sales.

Loan Information:
The loan will be repaid from the sale of developed apartments, while interest will be paid from advance payments and shareholders’ personal capital.

Maximum planned project financing amount: EUR 2,200,000 (Already funded 75 000 EUR). The project is financed based on the current valuation of the pledged asset until the established maximum Loan-to-Value (LTV) ratio is reached. Once the maximum LTV is reached, a new valuation must be performed, and further financing stages will only be announced if the maximum LTV is not exceeded.

The targeted funding amount is planned to be raised within 7 days, with the possibility to extend up to 30 days if the full amount is not collected.