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Naujasis pajūris IX

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100 %
  • Status funded
  • Goal 100,000 EUR (€)
  • Raised 100,000 EUR (€)
  • Investors 155
  • Interest rate 8%
  • Loan To Value(LTV) 60%
  • Credit Duration 12 month

Loan for real estate development – “Naujasis paj?ris” IX stage. The company is developing 51 residential houses on the seaside.

Since the beginning of the project financing, the foundation for 25 houses has been registered in the project, roads and sidewalks have been built, 7 houses have been built: 6 one-room houses and 1 two-room house. This house is decorated. Last week, the project developer began construction of 3 new homes. The developer has signed reservation agreements for three houses worth 333 thousand euros.

“Naujasis paj?ris” is a completely new “green” energy recreation-residential quarter in the quiet resort of Šventoji, Elijos Street, just 1 kilometer, or 15 minutes, walk to the sea. It is a house complex designed on a particularly spacious 9 ha plot of land.

Investors are pledged a plot of land owned by the developer, where 34 one-room and 17 two-room houses will be built.

One-storey – 2-storey (72 sq. m.) And two-storey – 2-storey (126 sq. m. Each house will be equipped with a solar power plant (solar panels integrated on the roof). The whole architecture will prevail in the whole quarter, each house will have a private plot of land and its own terrace. All engineering networks are planned: water supply, domestic sewage, electricity. The environment and infrastructure have been arranged, and pedestrian and bicycle paths have been installed.

For all investors, real estate is mortgaged with a primary mortgage.

Maximum planned amount of project financing: EUR 700,000. The project is financed according to the current valuation of the mortgaged property until it reaches the set maximum LTV. Once the maximum LTV is reached, a new valuation of the property will have to be performed and further stages of the Project financing will be announced and collected only if the set maximum LTV is not exceeded.

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

More information about the project:

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