A residential house in Trinapolio Street, Vilnius, Lithuania is the focus of this real estate investment opportunity. The property, valued at €80,000, is being acquired by the project owner for further development. The house has already undergone renovation and refurbishment, with an initial investment of €150,000. An additional €55,000 will be allocated for further renovation works post-acquisition.

Upon completion of the renovation, the house will be rented out starting from July 1, 2024, generating a monthly rental income of €3,800 (excluding VAT). The loan for this project, totaling €415,000, is being financed based on the current valuation of the property. The developer has already raised €200,100 towards this amount.

Investors in this project will receive interest payments from the developer's operating income. The loan will be repaid through refinancing or proceeds from the property's sale. The estimated minimum return on investment is 11%, with each share priced at €200.

As the project progresses, further rounds of financing may be offered if the maximum loan-to-value ratio of 69% LTV is not exceeded. A new valuation of the property will be conducted once this threshold is reached, ensuring transparency and security for investors.

This real estate investment opportunity in Vilnius offers a chance to participate in the development of a renovated residential property with a promising rental income potential. With a clear financing structure and projected returns, investors can consider this project as a viable addition to their investment portfolio.