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Žaslių st. 53, Zūbiškiai, Kaišiadorių d., Lithuania
Amount of funding
79 200 €
LTV
45%
Annual interest rate
12.00% - 13.00%
Total expected project return
12.00% - 12.99%
Loan period
12 mo.
Risk
B (medium)
Purpose of the loan
Loan for installation
Collateral
Real estate pledge
Country
Lithuania
Lithuania
Investors
8
Raised:
1 800 € Goal:
79 200 €
1 800 € Goal:
79 200 €
2.27%
How much will I earn if I invest:
Investment size
100.00 €
77 400.00 €
12%
12.25%
12.5%
12.75%
13%
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 | Įstatai UAB Eastimpex.pdf |
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| 2 | Turto vertinimo ataskaita.pdf |
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| 3 | PIID.pdf |
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About the loan
Purpose of the loan
Real estate development
Amount of funding
79 200 €
LTV
45 %
Risk
B (medium)
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
96 800.00 €
Purpose of the Loan
The financing required amounts to 79,200 EUR, which will be raised in one or two stages. The loan proceeds will be used to renovate real estate: a residential house, two farm buildings, a barn, and engineering structures located at Žaslių St. 53, Zūbiškiai, Kaišiadorys District, 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 96,800 EUR.
About the Project
The real estate complex consists of a 0.2988 ha plot of land with unique No. 4968-0001-0078, primary intended use—other; type of use—residential area; nature of use—construction of low-rise residential buildings; as well as the structures located on the plot: a residential house, unique No. 4997-2009-4014; a farm building, unique No. 4997-2009-4025; farm building, unique No. 4997-2009-4036, a barn, unique No. 4997-2009-4047, and other engineering structures—yard structures, unique No. 4997-2009-4058. The land plot is irregularly polygonal in shape, flat, fenced, and partially occupied by a residential house and auxiliary farm buildings; the grounds are well-maintained. The plot has electricity, a local water supply, and a local sewer system. The land plot data also indicates 0.1629 ha of agricultural land, 0.0230 ha of forest area registered in the State Forest Cadastre, and 0.1359 ha of built-up area, with an agricultural land productivity rating of 34.8. Ownership of the plot and the structures is registered in the name of the shareholder and manager.
The main structure of the mortgaged property is a single-family residential house, marked 1A1mp on the plan. The house was renovated in 1994; it is 100 percent complete and has one story. The total area of the house is 168.08 square meters, the usable area is 141.00 square meters, the living area is 102.93 square meters, garage area is 6.61 square meters, volume is 603 cubic meters, built-up area is 201.00 square meters, and the number of rooms is 5. The building has concrete foundations; the walls are log walls, plastered on the exterior and clad with wooden siding; the roof structure is gabled, and the roofing material is sheet metal. The windows consist of plastic-framed double-pane units and standard wooden-framed windows; the doors are wooden. The interior finishes include wooden plank, tile, and laminate flooring; plastered, painted walls with wooden siding; and wooden siding on the ceilings. The house has electricity, a local water supply, local sewage disposal, and local central heating fueled by solid fuel. The residential house is functionally complemented by auxiliary buildings: a farm building (2I1ž) constructed in 1998, with a built-up area of 255.00 square meters and a volume of 824 cubic meters; walls—wooden frame, roof—gabled, covered with sheet metal, condition—fair; a farm building (3I1p) built in 1998, with a floor area of 6.00 square meters, a volume of 15 cubic meters, brick walls, roof—gabled, covered with sheet metal, condition—fair; A barn (4I1ž) built in 1998, with a floor area of 47.00 square meters, a volume of 122 cubic meters, and walls made of wood with a frame, roof—gabled, covered with sheet metal, condition—fair; as well as yard structures—a courtyard, a well, and a sewer manhole. A residential house with a pitched metal roof, a plastered facade, and wooden gables, set in a mature landscape of greenery and forest.
The best use of the mortgaged property is considered to be its current use—a residential property with auxiliary farm buildings. This conclusion is based on the land use, the layout of the residential house and auxiliary structures, the property’s location, the established residential environment, the shape of the lot, the existing infrastructure, and the nature of the area. Alternative, more intensive commercial or other uses are not the primary consideration in this case, as the property is located in a residential setting, and its value is primarily determined by the combination of the residential house, the lot, the outbuildings, the access road, and the natural surroundings. According to the submitted property report, the market value of the real estate, calculated using the comparative method, is 176,000 EUR, of which 120,600 EUR is attributed to the residential house, €20,000 for the farm building 2I1ž, €400 for the farm building 3I1p, €3,200 for the barn, €9,800 for the yard structures, and €22,000 for the land plot. In terms of appeal, the property is quite functional due to the size of the residential house, the auxiliary buildings, the fenced and landscaped plot, local utilities, the paved access road, the proximity to the forest, and the quieter residential environment. The appraisers consider liquidity to be average: the completed property complex, residential use, outbuildings, natural surroundings, and access road all have a positive impact; however, liquidity is limited by the location, the distance to the center of Kaišiadorys, the year of construction and renovation of the residential house, its average physical condition, and the potential need for repair or modernization work.
The property consists of a complete residential estate complex, suitable for permanent residence or recreational use, and its main advantages include a fully developed lot, a residential house with on-site utilities, outbuildings, proximity to a forest, and good access.
More about the project (see Documents).
Investment from 50.00 €.
Interest
Annual interest rate
- Investing from 50.00 € - fixed interest 12 %
- Investing from 1 000.00 € - fixed interest 12.25 %
- Investing from 3 000.00 € - fixed interest 12.5 %
- Investing from 5 000.00 € - fixed interest 12.75 %
- Investing from 7 500.00 € - 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
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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