Loan collateral:
Pledge of first-rank mortgage on the property located at Karačiūnų st. 68, Vilnius, Lithuania:
- 13667/57116 part of the Building - Residential house (with terrace tr1 - 72 sq.m., 68, Karačiūnų g., Vilnius, Lithuania, part of which has a total area of 136,67 sq. m, the use procedure for which has been established, the completion rate - 79%, the purpose group: single-family houses and semi-detached houses, the main purpose of use: single-family houses.
Value of the pledged property: 471 000 EUR.
Additional security:
- Company's guarantee (promissory note in double amount);
- Surety of Kęstutis Petrauskas, shareholder.
Description of the pledged property
The pledged immovable property is located at Karačiūnų str.
Antakalnio microdistrict is an administrative-territorial unit in the municipality of the City of Vilnius, to the north-east of the city centre, near Antakalnis. There are 29 educational institutions - universities, colleges, secondary and primary schools, kindergartens and special education institutions, 24 medical institutions - hospitals, clinics, outpatient clinics and others, as well as a police station, a fire station, a post office, foreign embassies and consulates, collective gardens.
Distances to the mortgaged property and the nearest infrastructure:
- The distance to the city centre - ~12,8 km.
- Bus stop - approx. 280 m.
- Forest - approx. 1,0 km.
- Lake Tapeliai and other natural areas (~2 km).
Factors of Influence:
- Peaceful and healthy environment - abundant greenery and very low air pollution.
- Good security - crime statistics are extremely low.
- Nature close by - close proximity to forests and lakes allows for active recreation.
- No city noise, life is not disturbed.
- Good accessibility - nearby bus stops provide public transport links, easy access by car to the city centre.
- Long distance to the city centre - approximately 12.8 km.
- Frequent public transport timetable.
- Limited urban service infrastructure with fewer household, shopping or entertainment facilities nearby.
The location of the mortgaged property is considered by the assessors to be a good location. The appraisers consider that the mortgaged property constitutes a complete whole and that the maximum and best use of the property is for the intended use and the type of use, i.e. residential use.
For further information (see About the project) (see Documents).