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Vakares kvartalas

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100 %
  • Status funded
  • Goal 163,800 EUR (€)
  • Raised 163,800 EUR (€)
  • Investors 116
  • Interest rate 10.5%
  • Loan To Value(LTV) 70%
  • Credit Duration 12 month

We present a new financing project – “Vakares kvartalas”. The raised funds will be used for the development of real estate. The amount to be raised at this stage is EUR 163 800.

About the project owner:
The project owner has experience in real estate development. Implemented different real estate projects with a total area of 2 000 square meters.

The aim of the project:
In a strategically convenient place in Jonavas district the owner of the project is developing the construction of cottages of the II construction phase with all infrastructure solutions for a comfortable life and a quiet neighborhood. It is a great place for those who dream of the peace of nature, but do not want to be separated from the city. The semi-detached houses of the first phase of construction are sold, but the construction work of the second phase is gaining momentum. Currently, 8 two-story semi-detached houses are under development, totaling 16 property units with a total area of 1 634.68 square meters. Apartments in semi-detached houses will have an area of 101-103 square meters. Each apartment will own a 3-5 acre plot of land. This pooled amount will be used for the completion of two semi-detached houses with a total area of 410 square meters. Apartments in semi-detached houses will be sold with partial decoration. The planned income from the sale of semi-detached houses are about EUR 554 500.

To secure the interests of investors, real estate is pledged with a primary mortgage:
Kaip užtikrinimo priemonė investuotojų interesams apsaugoti įkeičiamas 205 kvadratinių metrų ploto dvibutis namtas ir žemės sklypo dalis, adresu Vakarės g. 17, Gudžionių k., Jonavos r. According to an independent real estate appraiser, the value of the property pledged to investors is EUR 234 000. 

Interest by investment amount:
– From EUR 100 to EUR 499 – 10.5%
– From EUR 500 to EUR 999 – 11%
– From EUR 1 000 to EUR 2 999 – 11.5%
– From EUR 3 000 to EUR 5 999 – 12%
– From EUR 6 000 – 12.5%
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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