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Macro Location Analysis
EvoEstate Risk rating is of an informative nature only & can not be considered investment advice.
Loan To value
Purpose of the loan
The object of the loan is refinancing current loan and further development of real estate assets, situated in Bijūnų st. 36, Murlinės vilage, Vilnius district. This bridge loan will be returned by refinancing the loan or after selling the real estate.
Company title MB Bijūnu dvaras
Company code 305176222
Company website bijunudvaras.lt
SCE Bijūnų dvaras was founded on 03.06.2019 solely with the purpose of Bijunu Dvaras project development. The main activity of the company is real estate rent, organizing private and business events. The company also provides catering, conference hall rent, relaxation in the sauna and other services. With this financing, the company will refinance the current loan and finish outside works. The company expects to refinance this loan or to sell after development.
According to 2020Y finance statements, the company's revenue was 4132 EUR and ended with a loss. This was resulted by Covid and unfinished fieldworks and area development. The company has registered equity of 246 005 EUR, retained equity of 182 093 EUR, total asset value 445473.
Collateral Real estate pledge
Property type Residential
Value of collateral 398 400 €
Assessor Apus Turtas UAB / NEWSEC Valuations UAB
SCE Bijūnų dvaras is developing a real estate in Bijūnų st. 36, Murlinės vil. Vilnius district. This object consists of a land plot, total area 0,2848 hectares, i/d 4400-4140-2377, unfinished construction residential house (registered as two-flat house with terrace), registered finishing percentage - 94 %, end of construction 2019, total space 207,84 m2 and five additional other purpose buildings and sauna building (Supportive house, I/D: 4400-5301-4214, Supportive house, I/D: 4400-5301-4203, Supportive house: 4400-5301-4247, Supportive house: 4400-5301-4236, Supportive house: 4400-5301-4190, Supportive house - Sauna I/D: 4400-5301-4180. (for more details, please see Documents).
According to Newsec valuations LTD the value of all assets mentioned above as of 25-02-2021 was 302 000 EUR.
To secure the loan additionally will be pledged a one-flat house with a terrace, which is in Bijūnų st. 40, Murlinė vil., Vilnius district, i/d 4400-4648-7772, total space 69,72 m2, registered finishing 88 %, land plot, total area of 0,2488 hectares, i/d 4400-4049-7914, supportive house (total space 53 m2, registered finishing 100%), I/d: 4400-5109-7975, supportive house -garage (51 m2, registered finishing 100%), I/d 4400-5144-3675.
According to Apus Turtas LTD valuation, the value of all assets in Bijūnų st. 40, Vilnius district as of 14.04.2021 was 96 400 EUR.