- Liquid Asset: Both the property being acquired and the additionally pledged asset are characterized by high liquidity, with an expected sale period of up to 6 months.
- Developer Experience: Since 2017, the project owner has completed 20 residential and commercial real estate projects with a total area of 3,700 m².
- Strategic Location: The property is being acquired in one of the most prestigious districts of Vilnius – Užupis, near the city center, making it highly attractive and in demand on the real estate market.
Interest Based on Investment Amount:
– From 100 EUR to 299 EUR – 7.50%
– From 300 EUR to 749 EUR – 7.80%
– From 750 EUR to 4 999 EUR – 8.20%
– From 5 000 EUR – 8.50%
Important: individual investments are not accumulated or combined.
About the Project:
The project owner aims to acquire and develop an apartment in Vilnius, in the Užupis district, at Polocko St. 6-51. A preliminary purchase agreement has already been signed. The owner has already started renovation works and has invested approximately EUR 129,805 in the renovation, as well as paid an advance for the apartment purchase.
Once the renovation is completed, the property will be sold on the market. The planned sales revenue is about EUR 805,000, or EUR 5,370/m².
At this stage, the funds raised will be allocated to the company's working capital.
Loan Information:
The loan will be repaid from the proceeds of apartment sales, while interest to investors will be paid from the company’s working capital.
Maximum financed amount: 600 000 EUR (480 000 EUR already raised). The project is financed based on the current valuation of the pledged asset until the set maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new valuation must be performed, and further project financing stages will only be announced and opened if the set LTV threshold is not exceeded.
The targeted amount is planned to be raised within 7 days, with a possibility to extend up to 30 days if the funds are not fully raised.
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.
