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“P23” 16 butas

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100 %
  • Status funded
  • Goal 42,300 EUR (€)
  • Raised 42,300 EUR (€)
  • Investors 37
  • Interest rate 8.5%
  • Loan To Value(LTV) 70%
  • Credit Duration 6 month

We are presenting a new financing project “P23” 16 butas”, the funds of which will be used to refinance an existing loan. The amount to be raised is EUR 42 300.

The aim of the project:
The project owner will use the raised amount to refinance an existing loan. This loan will be repaid from the proceeds of the sale of the real estate. The apartment is already reserved, so this decision will give the project owner time to arrange the documentation for handing over the apartment and prepare for a notarial transaction.

Apartment building where is mortgaged apartment:
Panauja is a newly built apartment building in a strategically convenient location, just a few minutes from Vilnius Old Town. The project is being developed taking into account the needs of potential residents, all apartments are equipped with autonomous underfloor heating, excellent sound insulation and recuperation system. The apartment building is equipped with 24-hour video surveillance cameras. There are a total of 24 apartments and 24 parking spaces.

To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, an apartment of 26.99 square meters, on the third floor of four is pledged at Panevezio st., 23-16, Vilnius. According to an independent real estate appraiser, the value of the mortgaged property is EUR 60 500.

Interest by investment amount:
– From EUR 100 to EUR 499 – 8,5%
– From EUR 500 to EUR 2 999 – 9%
– From EUR 3 000 – 9,5%
Important: investments made separately are not aggregated.

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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