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- Construction progress: Foundations, walls and floor slabs have been completed, and windows installed in Buildings C and D. Roof installation, façade preparation, internal partitioning, flooring and engineering system installation works are currently underway. A construction contract has been signed and technical supervision is being carried out.
- Experienced developer: The project owner, together with related parties, has developed more than 30 000 m² of total floor area in real estate projects. The company specialises in residential developments and has successfully completed projects in Vilnius and Palanga.
- Attractive location: The project is being developed in the central part of Druskininkai, near Lake Druskonis and the resort’s main attractions. Druskininkai is a year-round resort with stable demand for holiday and second homes, giving the project strong liquidity.
Interest rates according to investment amount:
– From 100 EUR to 749 EUR – 8.70%
– From 750 EUR to 2 999 EUR – 8.90%
– From 3 000 EUR – 9.20%
Important: individual investments are not aggregated and cannot be combined.
About the Project:
“Druskonio Perlai” is a modern residential development in the heart of Druskininkai, just a few steps from Lake Druskonis and Vijūnėlė Park. The project is being developed in one of the resort’s most attractive locations, at the intersection of M. K. Čiurlionio and Šv. Jokūbo streets, where urban infrastructure, nature and leisure spaces create a convenient environment for living and recreation.
The development consists of four residential buildings (A, B, C and D), up to 5 storeys high. Buildings C and D comprise apartments of various sizes, from compact one-room apartments of approximately 26–30 m² to spacious three-room apartments exceeding 60 m², with balconies or terraces. Large, distinctive terraces are planned on the upper floors. The project’s key advantage is its central location. Lake Druskonis, Vijūnėlė Park, Grand SPA Lietuva, Druskininkai Health Resort, restaurants and retail facilities are all within a few minutes’ walk. As Druskininkai is a year-round resort, the project is attractive for permanent living, a second home or a rental investment.
Development and financing information:
This loan will finance the construction of Buildings C and D. Buildings C and D are planned to include 56 fully finished apartments with a total area of 2 097,13 m², as well as 11 storage units and 38 parking spaces. Monolithic reinforced concrete foundations, masonry block walls and floor slabs have been completed, and plastic windows have been installed in Buildings C and D. Internal partition frameworks have also been installed, and plasterboard installation works have commenced. A levelling concrete layer over the underfloor heating system has been installed on Floors 1–2 of Building C and Floors 1–3 of Building D. City utility connections have been brought into the building basement; electrical wiring has been partially installed in the buildings, while water supply and wastewater connections have been installed up to the planned sanitary fixture locations. Roof installation, façade preparation, internal engineering systems and finishing works are currently ongoing.
The registered completion level of the property is 11%, while the actual level of project completion is currently estimated at approximately 40–50%. Approximately 20,65% of the project in Buildings C and D has currently been sold, representing 432,97 m² out of the total sellable apartment area of 2 097,13 m². A total of 13 apartments have been sold under signed preliminary sale and purchase agreements. Project completion is planned by the end of 2026. Total projected sales revenue from the project amounts to 8 007 850 EUR.
Loan information:
The loan will be repaid from property sale proceeds, while interest to investors will be paid from advance payments or the company’s working capital. At this stage, the funds raised will be used to carry out real estate development works.
Maximum financing amount: 5 000 000 EUR (Already raised 2 661 000 EUR). The project is financed based on the current valuation of the pledged property until the established maximum loan-to-value ratio (LTV) is reached. Once the maximum LTV is reached, a new property valuation will be required, and subsequent Project financing stages will be announced and raised only if the established maximum LTV is not exceeded.
We plan to raise the target amount within 7 days, with the possibility to extend the fundraising period to up to 30 days if the funds are not 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.
