- Experienced Team: Company's CEO has extensive experience in renovating single-family homes and apartments (approximately 1 000 m2). Company's shareholder has extensive experience in building and selling single-family and semi-detached houses (approximately 2 000 m2).
- Specialisation: The shareholder is an experienced specialist in the construction of single-family and semi-detached houses in the Trakai-Vilnius region. Due to his long experience and accumulated knowledge, he has a good knowledge of the specifics of the area, the construction process and market prices.
- Efficient work: construction starts as soon as planning permission is granted (likely in June) and bookings can start as soon as planning permission is granted. 85% completion is expected between September and October.
About the project:
The developer is constructing two semi-detached residential buildings at 28 and 30 Strazdu st. Vilnius. The apartments are planned to have an area of 100 m2 each. The developer will sell the apartments with partial finishing. Construction is expected to be completed in September/October 2024 and sales can commence once planning permission is granted. Estimated proceeds from the sale of the two semi-detached houses EUR 560 000. This loan will be covered from sales proceeds, and interest to investors will be paid from the project owner's operating income.
The maximum amount to be financed: EUR 440 000. 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 70% 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 EUR 100 to EUR 249 – 10.50%
– From EUR 250 to EUR 499 – 11.00%
– From EUR 500 to EUR 1 499 – 11.50%
– From EUR 1 500 to EUR 4 999 – 12.00%
– From EUR 5 000 – 12.50%
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 21 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.
