UPDATED INFORMATION
In this project, a new real estate valuation has been obtained, in which the value of the property under development has increased. Accordingly, under the same conditions, the client will be financed with an additional loan amount, which will not exceed EUR 279,000 and will be divided into stages. It is important to mention that the project reduces LTV from 60% to 49%.
The loan funds will be used for the further development of the real estate at M. K. Čiurlionios 73, Druskininkai, Lithuania, and for the necessary construction works.
The loan can be refinanced in other financial institution, from income of real estate sales or from company's capital.
About the project
Investment project - Residential (apartment) commercial building in Druskininkai, M.K. Čiurlionio st. 73. The existing area of the building is 3538 m2, the area of the building after reconstruction is 4154 m2, residential premises 1894 m2, commercial premises 2260 m2.
"ČIURLIONIO MUZOS"
The vision is to give you a feeling of being surrounded by space and nature that you are independent of everyday worries, can indulge in dreams and the creation of plans for their realization.
Positioning the implementation of the vision:
- Accommodation in apartments is cheaper than in a separate private house, the feeling here is the same;
- The price difference between these properties can reach tens / hundred thousand euros (reserve investment to the buyer, or the fulfillment of a dream for loved ones);
- Range of amenities, wide price range;
- There will be no shortage of extensive integrated public and social spaces in the state-of-the-art recreational complex;
- The easiest way to define value: location, price and available amenities;
- The facilities in the recreational building are like a luxury property, offering many more amenities and attractive properties than the average, and above-average value apartment.
Project location
Druskininkai city center. The fresh Ratnyčia stream winds through the country, and in the immediate vicinity - both in winter and summer enchanting Dineika and Vijūnėlė parks. Just 10 minutes away - Druskininkai Old Town, Čiurlionis House museum and other facilities: shops, banks, restaurants, library - a few steps away.
More about the project (see Documents).