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Commercial Building Development Project in Vilnius
Lithuania 
Lithuania, Vilnius
 Ukmergės
Offered by:
Return per year:
12.00% - 13.00%
Minimum investment
€ 100
Total value
€41,500.00
 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 percent. The total value of the property is €41,500. The borrower has secured a loan of EUR 388,800 for the project in 4 stages, with an additional 9-month term needed for project implementation.

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

The loan funds from the initial stages were used for the acquisition of the land plot, while the remaining stages will be utilized for the development of a 992 sq. m commercial building. The borrower plans to rent out the building and repay the loan by refinancing it in another financial institution upon completion of all construction and contracting works.

The investment project involves the development of a commercial building at Ukmergės st. 326, Vilnius, situated in an area experiencing rapid real estate development. The project is strategically located near various commercial facilities, business centers, and residential buildings, with well-developed social infrastructure and convenient access to Vilnius city center.

Investors are informed that employees of UAB Nordstreet are also investing in this project, highlighting a commitment to its success and potential for returns.