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We are reglamented by
K. Bučiūno st. 5, Rėkliai, Panevėžio d., Lithuania (1 stage)
Amount of funding
72 500 €
LTV
50%
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
9
Raised:
1 000 € Goal:
72 500 €
1 000 € Goal:
72 500 €
1.38%
How much will I earn if I invest:
Investment size
100.00 €
71 500.00 €
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 | Nuostatai MB Virginijus Real Estate.pdf |
|
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| 2 | Turto vertinimo ataskaita.pdf |
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| 3 | PIID (1 etapas).pdf |
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About the loan
Purpose of the loan
Acquisition of real estate
Amount of funding
72 500 €
LTV
50 %
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
122 500.00 €
Purpose of the Loan
The amount required for financing is 122,500 EUR, which is being raised in stages. The loan proceeds will be used to purchase the real estate property—a residential house with a land plot located at Panevėžio d., Panevėžio mun., Rėklių vil., Kazimiero Bučiūno St. 5, Lithuania. The loan will be repaid by refinancing it with another financial institution or from the proceeds of the sale of the real estate. The amount that the project owner is contributing to the project is 122,500 EUR.
About the Project
The property consists of a land plot and the building located on it—a residential house. The land plot’s unique No. is 6604-0003-0138, cadastral No. 6604/0003:138 in the Bernatoniai cadastral district, with an area of 0.1200 ha. The plot’s primary intended use is “other”; the type of use is “residential area”; and the nature of use is “construction of low-rise residential buildings.” The plot was formed based on preliminary measurements; it is developed, has a regular rectangular shape, flat terrain, is well-maintained, landscaped with a lawn, and features a well-kept residential environment with greenery, a lawn, paths, a courtyard, and recreational areas.
The residential house, unique No. 6692-5004-8013, is a single-family dwelling; its designation on the plan is 1A1m. The total area registered in the Real Estate Register is 103.32 sq. m, the volume is 337 cu. m, the built-up area is 118.00 sq. m, and the number of rooms is 4. According to the cadastral survey file, the total area of the residential house is 145.50 square meters, with a completion rate of 100 percent, energy efficiency class is D, and the calculated annual heating energy consumption is 171.15 kWh/sq. m.
The building was renovated in 2009, and over the past five years, based on a visual inspection, minor repair work has been carried out. From a structural standpoint, the building features reinforced concrete foundations, log walls, wooden partition walls, a wooden floor structure, a pitched roof, and a facade finished with wooden siding; The building is a single-story structure with an attic and is used for residential purposes. The interior finish is described as neat: the walls are painted; the bathroom is tiled; the floors are covered with linoleum and tiles; the ceilings are painted; the windows have plastic frames with double-pane glass; the interior doors are wooden; and the entry door has a plastic frame with glass. The interior photos provided show the living areas, the kitchen and living room area, a children’s room/study in the attic, and a utility room.
In terms of engineering systems, the property has undergone significant quality improvements. The house is equipped with a “Daikin” air-to-water heat pump system featuring an indoor unit and a hot water storage tank; heating is provided via a water-based underfloor heating system. It is also equipped with a water iron removal system, a water softening system, a hot water boiler, and other water treatment devices with automatic control. Such engineering infrastructure is a significant advantage of the mortgaged property, as it enhances operational convenience, reduces dependence on solid fuel solutions, and brings the property in line with the technical standards of modern single-family homes. Appraisers describe the actual condition of the property as good.
From a legal standpoint, the mortgaged land plot and residential house are owned by MB “Jorvila LT,” legal entity code 307079252. Both the land plot and the building are subject to a registered conditional mortgage.
The best use of the mortgaged property is its existing residential purpose, as specified in the documents—the use of a single-family residential house for permanent residence. The property constitutes a complete residential complex: the lot has been subdivided and developed, the residential house has been adapted for its intended use, the systems necessary for living and operation have been installed, and the character of the area is consistent with that of a neighborhood of single-family homes. An alternative commercial or more intensive development scenario would not be as justified in this case as the current use, since the size of the lot, the nature of the development, surroundings, and the local market are best suited to residential use.
The appeal of the mortgaged property is enhanced by its quiet suburban location, a sense of greenery and privacy, good access to the city of Panevėžys, a 12-ar plot of land with an established homestead, a house adapted for residential use, modernized utility systems, underfloor heating, an air-to-water heat pump, water treatment systems, and well-maintained surroundings. Liquidity is considered sufficient or moderately good, as demand for similar single-family homes on the outskirts of Panevėžys comes from buyers seeking a quieter suburban environment, but who wish to maintain convenient access to the city. Prices for similar properties range from approximately 250,000 to 289,000 euros, and the market value of the mortgaged property as of June 1, 2026, was determined to be 245,000 euros, of which approximately 22,050 euros is attributed to the land plot and 222,950 euros to the residential house.
The mortgaged property is a functional, single-family home and land plot complex suitable for residential use and in good physical condition, located in an attractive suburban area of Panevėžys; its market appeal and liquidity are considered sufficient.
More about 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 7 500.00 € - 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:*
2026-07-17
Estimated loan repayment date:*
2027-07-17
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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