We are supervised by
Rožių st. 74, Panevėžys, Lithuania (3 stage)
Amount of funding
50 000 €
LTV
49%
Annual interest rate
13.00%
Total expected project return
24.91%
Loan period
23 mo.
Risk
B (medium)
Purpose of the loan
Development loan
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
104
Raised:
50 000 € Goal:
50 000 €
50 000 € Goal:
50 000 €
100.00%
| # | File name | File type | Actions |
|---|---|---|---|
| 1 | 2024-07-09 Įstatai.pdf |
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| 2 | RC - UAB Prekybos centras Puriena - Parduotuvė, ŪP, KS Panevėžys, Rožių g. 74 neįkeista.pdf |
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| 3 | RC - UAB Prekybos centras Puriena - dalis ŽS Panevėžys, Rožių g. 74 neįkeista.pdf |
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| 4 | RC - UAB Prekybos centras Puriena - Parduotuvės patalpa Nr. 1 Panevėžys, Rožių g. 74 neįkeista.pdf |
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| 5 | RC - UAB Prekybos centras Puriena - Parduotuvės patalpa Nr. 2 Panevėžys, Rožių g. 74 neįkeista.pdf |
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| 6 | Vertinimo ataskaita.pdf |
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| 7 | PIID (3 etapas).pdf |
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About the loan
Purpose of the loan
Real estate development
Amount of funding
50 000 €
LTV
49 %
Risk
B (medium)
Payment of interest
Every month
Loan repayment
At the end of the loan period
Loan period
23 mo.
Minimum loan period
4 mo.
Collateral
Real estate pledge
Guarantees / surety
Mortgage rank
First order mortgage
Amount allocated by project owner
256 000.00 €
Purpose of the loan
An amount of EUR 250,000 is required for financing, which will be collected in five stages. UAB Prekybos centras "Puriena", using the loan funds, will carry out the renovation and other real estate improvements of the shopping center owned by the company, located at 74 Rožių St., Panevėžys. The loan will be repaid by refinancing it in another financial institution or from the proceeds of the sale of the renovated property. The amount that the project owner himself allocates to the project is EUR 256,000.
About the project
Prekybos centras "Puriena" UAB owns the shopping center at Rožių st. 74, Panevėžys city. The object consists of two non-residential premises - shops (total area 912.52 sq. m, unfinished reconstruction), farm building (built-up area 55 sq. m), yard structures (yard fence, yard lot) and 0.2592 ha of commercial land plot, 1217/2592 part of which is owned by the company, and the remaining 1375/2592 part is leased from the state until 03/30/2098.
A business object forms a complete whole. In the opinion of the property appraiser, the purpose of the property corresponds to the current use, and the alternative use is inappropriate. The plot of land has electricity, city water and sewage connections. The condition of the plot of land: the paths are paved with concrete blocks, fenced.
The building is brick, built in 1987, reconstructed in 2004-2005. The reconstruction is not finished (completion 79%). The main purpose of the premises (shops) is trade. The premises are spread over one first floor.
Building structures: foundations - concrete, walls - brickwork, roof - plastered, covered with ruberoid coating. Windows - plastic frames with glass units. Communications and engineering equipment: electrical input, city water and sewage inputs. Interior decoration of the premises: floor - tiles, walls - painted / tiles / without decoration, ceiling - painted. Repairs have started (the old finishing materials are being dismantled).
More about the project (see Documents).
Investment from 50.00 €.
Interest
Annual interest rate
- Investing from 50.00 € - fixed interest 13 %
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
23 mo.
Minimum loan period
4 mo.
Loan repayment
At the end of the loan period
Estimated start date of the loan:*
2024-12-09
Estimated loan repayment date:*
2026-10-14
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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