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Cottage, Bart? g

Profitus
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100 %
  • Status funded
  • Goal 114,800 EUR (€)
  • Raised 114,800 EUR (€)
  • Investors 114
  • Interest rate 9%
  • Loan To Value(LTV) 64%
  • Credit Duration 12 month

The purpose of the project “Cottage, Bart? St.” is to refinance a previous loan and manage working capital flows.

Investors are mortgaged real estate – part of the land plot with a cottage on it. The cottage is almost fully equipped, in a two-room house, it already has a kitchen. The area of the mortgaged object is 155.62 sq. M. m, part of the land plot – 7.95 a. The planned sale price is 190 thousand. Eur.

Actual completion of the assets pledged to investors (according to the appraiser) 99%.

The mortgaged property is located in Buivydišk?s village, near the pond. Good connection with the city of Vilnius, right next to the surrounding area. Nearby public transport stop, large supermarkets, kindergartens.

The developer plans to repay the loan from the proceeds of the sale of real estate.

We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.

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