- Equity: The project owner plans to invest about 25% of his own funds (about 1.1 million EUR) in the project development works, which clearly demonstrates his strong commitment and unwavering confidence in the project's success.
- Over 6 000 m² of residential real estate projects developed: This demonstrates the developer's ability to successfully implement various real estate projects over the 4 years of the company's existence. The number provides a tangible scale and allows to assess the developer's capabilities in the real estate sector.
- Prestigious location: The project will be implemented in a convenient location in Vilnius - Dvarcionys, 8.7 km from the city center. Dvarcionys Lake is just 1 km away.
About the project:
The company owns a land plot (since 2023) on which it is planned to build 4 multi-apartment (3-storey) buildings with a total area of 2,829 m², consisting of 28 apartments. The area of apartments for sale is 1,492.84 m². The average apartment size is 53,31 m². 34 parking spaces (underground) and 17 storage units are planned for parking. The project owner intends to fully finish the apartments and sell them.
Project progress:
The value of the real estate pledged from the last stage has increased from EUR 2,058,000 to EUR 2,449,000. Construction works are proceeding according to the planned schedule. The registered completion rate according to the Registry Center data is 55%. The funds raised in this stage will be used to continue further construction works.
Loan information:
The planned revenue from the sale of 100% completed 4 apartment buildings is 6,142,940 EUR including VAT. This loan will be covered by the proceeds from the sale, and interest to investors will be paid from the operating income of the project owner.
Maximum funding amount: 3,200,000 EUR (already collected 586,200 EUR). The project is financed according to the current valuation of the mortgaged property until it reaches the established maximum loan-to-value (LTV) ratio. Upon reaching the maximum LTV, a new property valuation will have to be carried out, and further stages of project financing will be announced and collected only if the established maximum LTV is not exceeded.
We plan to raise the amount within 7 days, with the option of extending it to 30 days if we do not raise 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.
