A property investment opportunity is available in the serene country of Lithuania, specifically in Vilnius. Priced at €200 per share, this venture offers an estimated minimal return of 7.5% with a property value of €70,000. The project, located in Bitininku st., Vilnius district, involves the development of 43 semi-detached dwellings on 50 plots of land. Each semi-detached house is planned to be 103 m2, resulting in a total project area of approximately 8,858 m2.

The developer aims to furnish the semi-detached houses to partial completion and subsequently sell them. The initial phase of construction will encompass 12 semi-detached houses, with an anticipated total sales revenue of EUR 15,000,000 excluding VAT. The loan for the project will be repaid using the sales proceeds, with interest payments to investors sourced from the project owner's operating income.

Currently, the maximum financed amount stands at EUR 5,000,000, with EUR 420,000 already secured. Financing for the project is based on the current valuation of the collateral until it reaches a loan-to-value ratio of 70% LTV. Once this threshold is met, a new property valuation will be conducted, and further financing rounds will only proceed if the maximum LTV is not surpassed.