Project "16 butas Pazailsio apartamentuose". Project funds will be used for refinancing. The project developer intends to sell the mortgaged apartment to investors and repay the loan from the proceeds of the sale. The amount to be collected - EUR 48 500.
The owner of the project has the status of a reliable developer - in 2020 he successfully implemented the projects "Pazaislio apartamentai" in Kaunas and "Gedimino St." in Palanga. The developer fully settled with the investors of the project "Pazaislio apartamentai" on April 30, 2020, and fully settled with the investors of the project "Gedimino str." On May 22, 2020.
To ensure the interests of investors, a 49.95 square meter apartment is pledged in the "Pazaislio apartamentai" project, at Betonuotoju St. 4-16, Kaunas. The spacious and bright apartments are located on the third floor of the building. The apartments have large windows and high ceilings. The apartment will be sold, the estimated income from the sale of the apartment is 219 000 EUR.
The apartment building where the mortgaged apartment is located is a picturesque place, surrounded by nature, near Kaunas Lagoon and Pazaislis Park. Safe and tidy environment: yard lighting, video cameras, fountain in the yard, classic style gazebo, parking lot.
Interest by investment amount:
- From EUR 100 to EUR 499 - 7%
- From EUR 500 to EUR 4 999 - 7,5%
- From EUR 5 000 - 8%
Important: individual investments are not aggregated.
We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days. without raising funds.
About the Profitus
Profitus is a crowdfunding and investment platform whose main goal is to make investment available to everyone. Investments start at 100 euros, and the platform is open 24/7. Investments are secured by pledging real estate and other collateral (e.g., indemnity or warranty). Different projects have different security tools that users can access in self-service for each project.
Profitus consults with the Bank of Lithuania in order to ensure perfect compliance with the law. Monetary operations on the platform are carried out in cooperation with Paysera and Trustly. The risk relating to the project and project owner are assessed on the basis of information provided by Creditinfo.
