We are supervised by
We are reglamented by
Vaidilutės st. 41, Vilnius, Lithuania (1 stage)
Amount of funding
51 050 €
LTV
65%
Annual interest rate
14.00% - 15.00%
Total expected project return
14.00% - 15.00%
Loan period
12 mo.
Risk
C (higher)
Purpose of the loan
Loan for acquisition
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
0
Raised:
0 € Goal:
51 050 €
0 € Goal:
51 050 €
0.00%
How much will I earn if I invest:
Investment size
100.00 €
51 050.00 €
14%
14.25%
14.5%
14.75%
15%
With this project in one month I will earn
€
After 12 months I will earn
€
* This calculator is exemplary and provides approximate results. Please note that the actual earnings may differ from the results provided by the calculator
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | UAB Inata įstatai.pdf |
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| 2 | Turto vertinimo ataskaita.pdf |
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| 3 | Žemės sklypo planas.pdf |
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| 4 | PIID (1 etapas) (51 050 EUR).pdf |
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About the loan
Purpose of the loan
Real estate development
Amount of funding
51 050 €
LTV
65 %
Risk
C (higher)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
12 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
Amount allocated by project owner
224 000.00 €
Objective of the loan
The financing requires an amount of EUR 416 000 to be raised in stages. Part of the loan will be used for the purchase of a real estate property - a plot of land with the address Vaidilutės st. 41, Vilnius, unique No. 4400-5782-8342, cadastral No. 0101/0011:371, Vilnius city cadastral area, land plot area - 0,1186 ha, designation - other, use - territories of single-family and semi-detached residential buildings, the other part - for preaparation of a real estate project, i.e. the design of three individual residential houses and other works necessary for obtaining building permits and the commencement of the construction works. The loan will be repaid by refinancing with another financial institution or from the proceeds of the sale of the property. The amount that the project owner himself is contributing to the project is EUR 224 000.
About the project
The property is a plot of land located in Vilnius, Vaidilutės str. 41. Unique number of the plot - 4400-5782-8342, cadastre No. 0101/0011:371, Vilnius city cadastral area. Main use - other, use method - territories of single and two-family residential buildings. Total area of the plot - 0,1186 ha. Agricultural land productivity score - 40.
The plot is currently undeveloped: it is unfenced, overgrown with grass and has a few isolated trees. The terrain is flat with no significant slopes. The shape of the site is polygonal, close to an elongated rectangle. The exact dimensions are shown on the plot plan.
The plot is not served by utilities - there are no water supply, sewerage, electricity or other engineering networks. Therefore, their connection is possible only within the framework of a future construction project, taking into account the possibility of extending the territory's engineering infrastructure. The land plot is suitable for its intended use and can be adapted for residential construction.
Complexity of the property: the land plot constitutes a complete whole, suitable for its intended use, i.e. residential construction.
Development potential of the property: the best use of the property is its most efficient use, which is feasible, legally permissible and financially feasible. Taking into account the shape, location, surroundings and urban perspective of the site, the appraisers consider that the existing use for residential development is the best use of the property. Alternative uses have not been considered as the current use is optimal and reasonable under market conditions.
For more information on the project (see Documents).
Investment from 10.00 €.
Interest
Annual interest rate
- Investing from 10.00 € - fixed interest 14 %
- Investing from 1 000.00 € - fixed interest 14.25 %
- Investing from 3 000.00 € - fixed interest 14.5 %
- Investing from 5 000.00 € - fixed interest 14.75 %
- Investing from 7 000.00 € - fixed interest 15 %
The Interest on the Loan Amount shall be calculated from and including the date of disbursement of the Loan Amount to the Debtor's Account or to such other account (or accounts) as notified by the Debtor to the Operator in writing prior to the disbursement of the Loan Amount.
Loan term and repayment
Loan period
12 mo.
Minimum loan period
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2025-11-28
Estimated loan repayment date:*
2026-11-28
If the Debtor repays the Loan earlier than after the specified minimum loan period, it undertakes to pay interest to the Lender for the entire specified minimum period.
* The loan is planned to be repaid by the end of the project term from the expected growing income of the company, increasing profits, sale of assets or refinancing of the loan.
Procedure for disputes between parties to a financing transaction
The investor has the right to withdraw their investment within 96 hours from the submission of the money lending proposal on the platform
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