Located in the picturesque country of Lithuania, in the charming village of Raisiu, lies a promising real estate investment opportunity. This apartment project offers investors a chance to participate in the development of three spacious apartments, ranging from 109.48 m2 to 186.93 m2.

The project's objective is clear: to refinance an existing loan from another lender in order to secure lower interest rates and continue project development activities. The estimated minimal return on investment is 9%, with a price per share set at €200 and a total property value of €230,000.

With a registered completion rate of 85% according to the Centre of Registers, the developer is committed to furnishing the apartments to full completion and landscaping before putting them on the market. The loan will be reimbursed from the proceeds of the sale of the mortgaged property, with interest payments to investors coming from the project owner's operating income.

Investors have the opportunity to finance up to EUR 450,000 for this project, with financing based on the current valuation of the collateral until it reaches a maximum loan-to-value ratio of 79% LTV. Once this ratio is reached, a new property valuation will be conducted before further rounds of financing can be advertised and collected.

Don't miss out on this chance to be part of a promising real estate venture in the tranquil village of Raisiu. Join us in supporting the development of these beautiful apartments and secure your investment in this growing market.