- Project Owner's Investment Share: The project owner invested 52.24% (approximately EUR 245 000) of the total investment amount. This means they covered more than half of the total project costs.
- Higher Property Value: A++ energy class homes are valued in the real estate market and are considered prestigious housing. As a result, such a house may have a higher resale value in the future.
- Environmental Friendliness: A++ energy class homes are built using environmentally friendly and sustainable materials, and they also incorporate advanced energy-saving technologies. This helps to reduce the environmental impact of the home.
- Proximity to Nature: There are parks, forests, and other natural attractions nearby that are perfect for recreation and leisure.
- Good Infrastructure: All necessary infrastructure facilities are located near the house, such as schools, kindergartens, shops, pharmacies, and public transport stops.
About the project owner:
The project owner is engaged in the construction of residential and non-residential buildings. Has developed a 300 m² semi-detached house on Salotes st.
About the project:
Development of an A++ energy class, 312.8 m² duplex residential building at Zofijos Gulevic st., 30A, Vilnius.The project owner intends to finish the semi-detached house to full completion, with all appliances and furniture, and sell it fully furnished. According to the data of the Register Center, the registered completion of the semi-detached house is currently 60%. After fully furnishing the semi-detached house, the developer intends to sell it for EUR 700 000 including VAT. This loan will be covered from sales proceeds and interest will be paid to investors from the project owner's operating income.
The maximum financed amount: EUR 200 000. The project is financed on the basis of the current valuation of the collateral until it reaches the established maximum loan-to-value ratio of 45% LTV. Once the maximum LTV has been reached, a new valuation of the property will have to be carried out and further rounds of financing for the Project will only be advertised and collected if the set maximum LTV is not exceeded.
Interest by investment amount:
– From 100 EUR to 249 EUR – 9.00%
– From 250 EUR to 499 EUR – 9.50%
– From 500 EUR to 1 999 EUR – 10.00%
– From 2 000 EUR to 6 999 EUR – 10.50%
– From 7 000 EUR – 11.00%
Important: investments made separately are not aggregated and cannot be pooled.
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 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. Monetary operations on the platform are carried out in cooperation with Paysera and Trustly. The risk relating to the project and project owner are assessed on the basis of information provided by Creditinfo.
