A spacious apartment located in the charming country of Lithuania, specifically in the capital city of Vilnius, is now available for investment. The price per share for this property is set at €200, with an estimated minimal return of 10% and a total property value of €770,000.

Developed by UAB "Sino pliusas," this four-story residential building consists of 20 apartments and includes 21 parking spaces, offering convenience and comfort to its future residents. The total area of the building is 1,335.44 m2, providing ample space for a modern and comfortable living environment.

Currently, the apartment building is at 86% registered completion according to the data of the Register Centre, with actual completion standing at 100% based on the work already carried out. Six apartments, totaling 354.24 m2, have already been sold, generating sales revenue of EUR 742,200 including VAT. The planned sales revenue for the remaining 14 apartments is set at EUR 2,666,200.

The maximum amount to be financed for this project is EUR 1,519,000, with EUR 1,387,000 already raised. The project is financed based on the current valuation of the collateral until it reaches the established maximum loan-to-value ratio of 70% LTV. Further rounds of financing will only be advertised and collected if the set maximum LTV is not exceeded after a new valuation of the property is carried out.

This investment opportunity offers a chance to be part of a thriving real estate project in Vilnius, Lithuania, with the potential for a solid return on investment. With a well-developed building, strategic location, and promising sales revenue, this apartment presents a lucrative opportunity for investors looking to diversify their portfolio in the real estate market.