iAlready invested: a solar plant
A 600 kW solar plant (~€250k investment) is already installed. It cuts operating costs, lifts EBITDA and reduces the CO₂ footprint – a sustainability credential that matters to residents and financiers alike.
Investment project · Lančiūnava, Kėdainiai district
A warm home. A sound investment.
Jaukuma is a 510-bed modern senior care campus in Kėdainiai district: owned real estate, state-funded revenue and a clear growth plan.
i ~€10.4m annual revenue (forecast)
The modern care home Lithuania is missing
Lithuania’s care home market is fragmented: many small operators and very few modern, large-scale facilities. Jaukuma fills that gap – a contemporary, welcoming 510-bed care campus in a green setting, where professional care meets the warmth of home.
| Address | Area | Beds | Share |
|---|---|---|---|
| Liepų alėja 10 | 1,400 m² | 140 beds | |
| Liepų alėja 8B | 1,200 m² | 120 beds | |
| Liepų alėja 8 | 2,500 m² | 250 beds |
Implementation phases
- Now
Renovation, licensing and team building – building by building.
- Sep 2027
Operations start (planned). Rate: €2,000/month per resident.
- +12 mo.
Target 85% occupancy – 434 residents.
- ~5 years
Mature operations: €15.2m revenue, €6.5m EBITDA. Possible exit.
Preliminary plan, refined as the project progresses.
i
iQuality, not the minimum
The planned staffing ratio is 0.35 employees per resident – twice the minimum regulatory requirement. More attention, better care, stronger reputation.
Location
Lančiūnava is a quiet settlement in Kėdainiai district, surrounded by parkland and fields, next to St. Casimir’s church. Reachable by paved road and convenient for residents’ families from Kaunas, Kėdainiai and Vilnius.
Kėdainiai ~14 kmKaunas ~60 kmVilnius ~120 km
Interactive map – zoom in and out.
Why now?
Lithuania is ageing faster than most OECD countries: the share of residents aged 65+ will grow from 20% (2019) to 32% (2050). Care beds are already scarce today – and demand keeps rising.
Share of 65+ population in Lithuania
0 % 2020
0 % 2030
0 % 2050
Source: OECD, “Integrating Services for Older People in Lithuania”
- 01 Growing demand driven by an ageing society
- 02 Increasing state funding for care
- 03 Nationwide shortage of care beds
- 04 Shift of services to the private sector
- 05 Opportunity for consolidation and economies of scale
Transparent numbers. A protected investment.
The investment is offered as equity – shares in the project company. Required investment: about €600k of equity; the remaining €3.0m is debt financing from ILTE or a commercial bank.
Revenue model
beds 510
× occupancy (434) 85%
× per resident / month €2,000
annual revenue ~€10.4m
The 2026 market rate is €1,800/month; from operations start (2027) the forecast rate is €2,000/month. Revenue is backed by state-funded care.
Cost structure
| Staff 0.35 ratio per resident – 2× the minimum requirement | €3.80m |
| Food 10% of revenue | €1.04m |
| Utilities 7% of revenue | €0.73m |
| Maintenance & repairs 4% of revenue | €0.42m |
| Other administrative 4% of revenue | €0.42m |
| Total OPEX ~€6.4m | EBITDA ~€4.0m (38%) |
5-year financial projection
| Year | Revenue (€m) | Costs (€m) | EBITDA (€m) | Margin |
|---|---|---|---|---|
| 1 | 10.4 | 6.4 | 4.0 | 38% |
| 2 | 11.4 | 6.9 | 4.5 | 39% |
| 3 | 12.6 | 7.5 | 5.1 | 40% |
| 4 | 13.9 | 8.1 | 5.8 | 42% |
| 5 | 15.2 | 8.7 | 6.5 | 43% |
Cash flow dynamics
Two financing scenarios
| Scenario A – ILTEState financial institution | Scenario B – bankAlternative | |
|---|---|---|
| Loan | €3.0m (€2.4m repayable) | €3.0m |
| Interest rate | 2.5% | 7–8% |
| Annual payments | ~€315k | — |
| Cash flow | ~€3.7m / yr | €3.8m → €3.5m / yr |
| Repayment | after 3 years; share pledge | after 5 years; pledge |
| Years 1–2 | — | interest only (~€225k) |
| From year 3 | — | ~€450–500k / yr |
Security is the foundation of this project, not an afterthought.
- 01
Real-estate pledge
The primary security is a pledge over the project’s real estate. Project property value: €0.8m, total area 6,000 m².
- 02
Share pledge
In the ILTE scenario the company’s shares are additionally pledged – a second line of protection.
- 03
Owned property
All buildings are owned by the company. No rent risk, no dependence on third parties.
- 04
State-funded revenue
Care services are largely financed by the state and municipalities – revenue is resilient to economic cycles.
- 05
Coordinated with ILTE
The financing structure is being coordinated with ILTE, Lithuania’s national development institution.
- 06
Phased rollout
The project is implemented building by building, limiting execution risk.
Exit strategy
After ~5 years of operations the project can be sold to a strategic or financial investor. Market valuation benchmark: 8–10× EBITDA. The sector is consolidating, and modern large-scale facilities are rare and sought-after.
The information on this website is of a general informational nature and does not constitute a public offering of securities, investment advice or a recommendation. Financial projections are forecasts based on assumptions and do not guarantee future results. Consult independent financial and legal advisers before making any investment decision.
i 
i 
i 
i 
i 
i 
i i i Let’s talk
Write to us – we reply within 1–2 business days.