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Butas Laisves aleja

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100 %
  • Status funded
  • Goal 141,400 EUR (€)
  • Raised 141,400 EUR (€)
  • Investors 240
  • Interest rate 9%
  • Loan To Value(LTV) 70%
  • Credit Duration 9 month

We present a new project for investment “Butas Laisves aleja”. The raised funds will be used by the project owner for the purchase of real estate. The amount to be raised for the project is EUR 141 400.

About the project owner:
The project owner has experience in real estate development. Implemented different real estate development projects with a total area of 4 150 square meters.

The aim of the project:
The project funds will be used for the purchase of a three-room apartment with an area of 58.61 square meters in the center of Kaunas, on Laisves avenue. The apartment is furnished in a modern way with all household appliances and furniture. The owner of the project plans to keep the purchased apartment for himself, and repaid the loan from other assets purchased for development and resale.

To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, an apartment of 58.61 square meters is pledged at Laisves ave. 87-6, Kaunas. According to an independent real estate appraisal, the value of real estate pledged to investors is EUR 202 000.

Interest by investment amount:
– From EUR 100 to EUR 499 – 9%
– From EUR 500 to EUR 2 999 – 9,5%
– From EUR 3 000 to EUR 9 999 –10%
– From EUR 10 000 – 10,5%
Important: investments made separately are not aggregated.

We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days without raising funds.

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