EvoEstate Risk rating is of an informative nature only & can not be considered investment advice.
Loan To value
We present the project "Siaures namas", the working capital of which will be used for the development and expansion of the real estate project "Bendoriu panoramas". The project owner will develop the two-apartment house project by mortgaging his own residential house in the project "Siaures namas". The amount collected is EUR 87 000.
The project owner, who has a lot of experience in the real estate development business, plans to develop a 5-apartment house project. The project funds will be used for the arrangement of documentation, start of construction and implementation of design works in the developer's project "Bendoriu panoramos". 5 two-apartment houses will be designed on the 52.36-acre plot of land, and the area of four two-apartment apartments will be 120 sq. m. The area of the dormitory with a garage is 145 sq.m. In the first stage, 2-3 two-apartment houses will be built, and the first sales are planned to start in 6-7 months. after the start of construction. Two-apartment houses will be developed in Bendoriu village, Vilnius district. The planned completion of construction works is the fourth quarter of 2022. The project owner has accumulated experience in the real estate development business.
To ensure the interests of investors, a 6.03-acre plot of land is pledged and 79.79 sq.m of a residential house together with 16.8 sq. m in a farm building, North Gardens 4th st. 84, Pavilnys. The house is located in a quiet, green area of individual houses in Vilnius, near the Dvarcionys reserve. According to an independent real estate appraiser, the value of the mortgaged property is 124 300 euros. Investors are pledged a residential house with a full finish.
Interest by investment amount:
- EUR 100 to EUR 2 999 - 7%
- From EUR 3 000 - 8%
Important: investments made separately are not aggregated.
We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.
Investors of all stages will be pledged with a primary mortgage.
To ensure the interest of investors, the house built in 2021 of 79,79 sq.m, farm-building of 16,8 sq.m and plot of 6,03 acres are pledged, at Siaures sodu 4 st. 84, Vilnius.
Project owner UAB "Bildis"
Ask a question
Login or register for post question
Ask a question
Allowed characters: a-z, 0. Min 3 characters
01 December 2021, 11:36
Invest in Siaures namas,Vilnius, Lithuania