550-unit residential real estate development project with 20% work completed seeks funds for project development.

- Real estate project in Vilnius by a real estate company that specialized in timber, steel, and concrete frame construction.
- The project is spread over 100 hectares of land.
- Work has commenced and 20% of the work has been completed.
- The project will consist of 550 houses, out of which 80 houses have been constructed.
- The company that has conceptualized this project has only 3 management members. Other functions like project marketing, sales, design, and construction are sub-contracted.
- Sales figures mentioned are pre-sale figures from clients who have made partial payments in this project.
- There is 100% annual growth in pre-sales and the profitability is projected at an ROI of 40%-50%.
- The parent company is family-owned. It has bank loans that it is capable of repaying without this loan.

This is a residential housing project which will consist of 550 houses.
The company leading the project is involved in the construction of residential housing, timber frame constructions, commercial buildings, and multi-story apartments.

Business is funded by crowdfunding platforms and clients themselves, as future buyers. Some funding is coming back from house sales.

100 hectares of land; under-construction buildings, and houses. Property in Montenegro - lands for construction with building permits.