- Rapid construction progress: Construction is proceeding smoothly and according to plan. Significant work has been completed in the past month, including window installation, utility system setup, wall insulation, and preparation of underfloor heating. This demonstrates efficient project management and ensures that construction will be completed on time.
- Clear project goal and value: Once construction is completed, the house will be sold fully furnished, including household appliances, making it an attractive option for buyers looking for a ready-to-live-in home without additional investment in interior finishing.
- High liquidity: The residential house is being developed in a fast-growing area of Vilnius district, where real estate demand is steadily increasing. This ensures the property’s attractiveness for both buyers and investors.
About the project:
The developer continues to successfully implement a residential house construction project in Didžiasalis village, Vilnius district. According to the Register Centre data, the completion level of the property is 36%, but according to an internal appraiser, the actual completion level has already reached 68%. The raised funds will be invested in further project development, ensuring a smooth construction process. The residential house is planned to be sold fully furnished, including furniture and household appliances. The construction is expected to be completed in Q3 of 2025.
Over the past month, construction has proceeded according to plan, and the following works have been completed:
- Exterior walls insulated;
- Floors concreted;
- All utility systems installed;
- Underfloor heating prepared;
- Windows installed;
- Roof covering completed.
Loan information:
This loan will be repaid from the sales revenue of the mortgaged project, which is estimated to be 260,000 EUR excluding VAT. Interest will be paid to investors from the project owner's operating income.
Maximum planned project funding amount: 120,000 EUR (54 700 EUR already raised). The project is financed according to the current valuation of the mortgaged property until it reaches the set maximum 1 loan-to-value (LTV) ratio. Once the maximum LTV is reached, a new property valuation must be performed, and further project financing stages will be announced and collected only if the set maximum LTV is not exceeded.
We plan to collect the raised amount within 7 days, with the possibility of extension up to 30 days if the funds are not collected.
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.
