We present a new financing project "Butas Maironio g.", the funds of which will be allocated to working capital. The amount to be raised is EUR 120 000.
Project owner:
The project owner has experience in real estate development. Has implemented various residential reconstructions in Kaunas with a total area of 500 square meters.
The aim of the project:
The owner of the project purchased a 5-room, 98.97 square meter fully furnished apartment on the fourth floor at Maironio st. 40-7, Kaunas. The apartment is planned to be divided into two property units, fully equipped and sold. Each apartment is planned to be sold for EUR 110 000 - 130 000.
To ensure the interests of investors, a real estate primary mortgage is pledged:
To protect the interests of investors a 5-room, 98.97 square meter fully furnished apartment on the fourth floor is pledged at Maironio st. 40-7, Kaunas. According to an independent real estate appraiser, the value of the mortgaged property is EUR 188 000.
Interest by investment amount:
- From EUR 100 to EUR 499 – 7%
- From EUR 500 to EUR 9 999 – 7,5%
- From EUR 10 000 – 8%
Important: investments made separately are not aggregated.
We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.
About the Profitus
Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros. Profitus investments are secured by real estate mortgages, Your investment is secured by a first or second mortgage on the property, as well as by other collateral (e.g. a surety or guarantee). Transactions are managed through Lemonway, a regulated payment service provider.
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. Profitus operates with Lemonway, a regulated payment service provider.