In the country of Lithuania, in the quaint town of Kankoreziu, a new real estate investment opportunity awaits. The price per share is set at €200, with an estimated minimal return of 10 percent. The total value of the property is €100,000, and the project owner is currently developing a two-bedroom residential building on Kankoreziu Street.

This development consists of two apartments, connected by storage rooms and a shared plot of land. The flats, which are currently registered for other uses, are planned to be converted into residential units in the future. Each apartment is projected to have a spacious area of 146.82 m2. The project owner intends to fully furnish the apartments and sell them upon completion, with an estimated sales revenue of €620,000 including VAT.

To finance this project, the maximum amount to be funded is €200,000. The financing is based on the current valuation of the collateral until it reaches a maximum loan-to-value ratio of 60% LTV. Once this threshold is met, a new property valuation will be conducted, and further rounds of financing will only proceed if the maximum LTV is not exceeded.

The loan for this project will be repaid from the sales proceeds, with interest payments to investors coming from the project owner's operating income. This investment opportunity offers a chance to be part of a promising real estate venture in the charming town of Kankoreziu, providing potential returns for savvy investors.

With careful planning and meticulous execution, this residential development project in Kankoreziu presents a unique opportunity for investors looking to diversify their portfolio. The project owner's commitment to quality and profitability ensures a sound investment with the potential for attractive returns in the thriving real estate market of Lithuania.