- Building Permit Issued: The project already has an issued building permit for the completion of the construction of a multi-apartment residential building and for changing its intended use, meaning construction works can proceed smoothly without additional coordination processes.
- Significant Contribution: The project owner has already invested a significant amount of their own funds — as much as 38% of the total project value — ensuring a strong personal commitment to the successful implementation of the project.
- Strategic Location: The project is being developed in the central part of Druskininkai city — close to cultural and recreational sites such as the Druskininkai Water Park, the Cable Car (Lynų Kelias), and the Cultural Center — ensuring high property liquidity and attractiveness to buyers.
Interest by investment amount:
– From 100 EUR to 299 EUR – 8.20%
– From 300 EUR to 699 EUR – 8.60%
– From 700 EUR to 2 499 EUR – 9.00%
– From 2 500 EUR to 7 499 EUR – 9.40%
– From 7 500 EUR to 19 999 EUR – 9.80%
– From 20 000 EUR – 10.20%
Important: Individual investments are not aggregated and cannot be combined.
About the Project:
The project owner has acquired a 15.67-are plot of land (zoned for multi-apartment buildings) with an unfinished building — originally intended as guest houses — located at Žalioji St. 11, Druskininkai. The developer intends to complete the construction and change the building’s purpose to that of a multi-apartment residential building. Upon completion, 21 apartments (fully finished) will be created, along with 14 underground and 7 above-ground parking spaces (one per apartment) and 16 storage units. On the 1st and 2nd floors, 19 apartments (ranging from 40–47 m²) with terraces/balconies are planned, while the 3rd floor will feature two spacious and luxurious apartments (101–103 m²) The total sellable apartment area is 1,081 m². The building already has an issued construction and usage change permit. According to the project owner, the current actual construction completion rate is 35% (registered at 29% in the Center of Registers).
The project's planned sales revenue is EUR 3,520,402 (excluding VAT). The project owner intends to fully finish the apartments and sell them. The sales process has been entrusted to one of the largest and most reliable real estate agencies in Lithuania — Ober-Haus. The projected apartment sales price is EUR 3,243,540 (excluding VAT), or approximately EUR 3,000/m² (excluding VAT).
The building is being developed in the central part of Druskininkai, near key sites such as the Druskininkai Cultural and Congress Center, the Druskininkai Water Park, the Cable Car to the "Snow Arena," and the newly built "Nemunas" building.
Loan Information:
The loan will be repaid from the sales proceeds of the apartments, storage units, and parking spaces. Interest payments to investors will be made from the operating revenues of the company's shareholder.
Maximum Amount to be Financed: EUR 1,600,000. The project is financed based on the current valuation of the mortgaged property, maintaining a set maximum loan-to-value (LTV) ratio. If the maximum LTV is reached, a new property valuation will be conducted, and further financing stages will be announced and launched only if the established maximum LTV is not exceeded.
We plan to raise the amount to be raised within 7 days with the possibility to extend to 30 days in case of failure to raise the funds.
About the Profitus
Profitus ist eine Crowdfunding- und Investitionsplattform mit einer Mindestinvestition von 100 Euro. Profitus-Investitionen sind durch Immobilienhypotheken gesichert. Ihre Investition ist durch eine erste oder zweite Hypothek auf die Immobilie sowie durch andere Sicherheiten (z. B. eine Bürgschaft oder Garantie) gesichert. Transaktionen werden über Lemonway, einen regulierten Zahlungsdienstleister, abgewickelt.
Profitus ist eine Crowdfunding- und Investitionsplattform, deren Hauptziel es ist, Investitionen für alle verfügbar zu machen. Investitionen beginnen bei 100 Euro, und die Plattform ist 24/7 geöffnet. Investitionen sind durch die Verpfändung von Immobilien und anderen Sicherheiten (z. B. Entschädigung oder Garantie) gesichert. Verschiedene Projekte haben unterschiedliche Sicherheitsinstrumente, auf die Benutzer im Selbstbedienungsmodus für jedes Projekt zugreifen können.
Profitus berät sich mit der Bank von Litauen, um eine perfekte Einhaltung des Gesetzes sicherzustellen. Profitus arbeitet mit Lemonway, einem regulierten Zahlungsdienstleister.