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Commercial Building Development Project in Vilnius
Lithuania 
Lithuania, Vilnius
 Ukmergės Street
Offered by:
Return per year:
12.00% - 13.00%
Minimum investment
€ 100
Total value
€99,500.00
 Earn free shares 
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About the property

A commercial property located in Vilnius, Lithuania, is currently available for investment. The price per share is set at €100, with an estimated minimal return of 12% and a property value of €99,500. The borrower has secured a total loan of EUR 388,800 for the project, with additional financing required for a 9-month extension to complete the development.

To fully finance the project, a total loan of EUR 1,176,000 is needed, divided into refinancing stages and additional financing stages. The borrower has revalued the property after obtaining the construction permit, with the current market value of the land plot at EUR 548,000 + VAT and the future market value projected at EUR 1,961,157 + VAT.

The loan funds from the initial stages were used for acquiring real estate, while the subsequent stages will be allocated for project development. The plan includes constructing a 992 sq. m commercial building for rental purposes, with repayment through refinancing upon project completion and registration.

The investment project focuses on developing a commercial building at Ukmergės st. 326, Vilnius, situated in a rapidly developing area in the northern part of the city. The project site is surrounded by various commercial facilities, business centers, and residential buildings, with well-established social infrastructure and convenient access to the city center.

Investors are informed that employees of UAB Nordstreet are actively participating in this project, offering an opportunity to contribute to the growth and development of this promising real estate venture.