We present a new financing project – „Butas Mindaugo gatveje". The project owner will use the money raised for working capital. The amount to be raised is EUR 131 100.
About the project owner:
The project owner has experience in real estate. The developer has developed more than 1 500 square metre of projects in Vilnius („Siaures st. 34", „Blindziu st. 13", „Grendaves st. 36A, 36B, 38", „Katysiu st. 5", „Dangaus st. 27F, 27L".).
About the project:
The owner of the project plans to develop two semi-detached houses at Norku street, Vilnius. The developer will pool funds for a building permit, infrastructure fees and foundation pouring. Once these works have been completed, additional funding will be sought to continue the construction of the semi-detached houses. This loan will be covered by the proceeds of the sale of the mortgaged property, which will amount to EUR 197 000 with VAT.
Interest by investment amount:
– From 100 EUR to 499 EUR – 9%
– From 500 EUR to 1 999 EUR – 9.5%
– From 2 000 EUR to 4 999 EUR – 10%
– From 5 000 EUR to 9 999 EUR – 10.5%
– From 10 000 EUR – 11%
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.
