A commercial property in Vilnius, Latvia, is now available for investment at a price per share of €200, with an estimated minimal return of 8.5% and a property value of €220,000.
The project highlights the successful opening of the PRO BRO car wash, showcasing eco-conscious practices such as water treatment and solar energy utilization to minimize environmental impact and reduce operational costs.
The project owner's substantial investment of approximately 37% of their own funds demonstrates a strong commitment to the venture, ensuring long-term stability and reliable profits through a 50-year lease agreement with PRO BRO operations SIA.
The project owner, a reputable developer with over 13 years of experience in the market, has acquired a plot of land in Latvia to build a MIDI tunnel-type car wash, with plans for completion, rental, and eventual sale at a projected price of at least €4,517,829.
Project progress includes ongoing infrastructure development and building completion, with financing based on the Loan-to-cost ratio and interest rates varying based on investment amounts, offering investors an opportunity to participate in a promising real estate venture with a clear timeline and refinancing strategy.