A residential building development in Vilnius, Lithuania, by UAB "Sino pliusas" offers an investment opportunity in a four-story, 20-apartment complex. The property boasts a total area of 1,335.44 m2, including 21 parking spaces. Currently, the project stands at 86% registered completion, with actual completion at 100%. Six apartments have already been sold, generating EUR 742,200 in sales revenue, with a projected EUR 2,666,200 from the remaining 14 units.
The price per share for this investment opportunity is set at €200, with an estimated minimum return of 10%. The total value of the property is listed at €223,000. Financing for the project is capped at EUR 1,519,000, with the existing active portfolio at EUR 1,175,148.62. The financing is based on the current valuation of the collateral, ensuring a maximum loan-to-value ratio of 70% LTV.
Future rounds of financing for the project will only proceed if the maximum LTV is not exceeded, requiring a new valuation of the property once the threshold is reached. The repayment of the loan will be facilitated through the sales proceeds of the apartments, ensuring a structured and secure investment opportunity for interested parties.
Investors looking to diversify their portfolio with a real estate venture in Vilnius can consider this development as a potential avenue for stable returns. With a strategic location and a well-designed residential complex, the project offers a promising opportunity for those seeking to participate in the real estate market in Lithuania.
For those interested in the real estate sector and seeking a transparent and structured investment opportunity, this residential building development in Vilnius presents a chance to be part of a growing market while ensuring a secure and monitored financing structure for their investment.