- Convenient Location: The project is located in a quiet yet convenient location, close to a forest. All necessary infrastructure facilities, such as schools, kindergartens, shops and public transport, are situated near the plot.
- Experience: A portfolio of successfully completed projects is the best indicator of an experienced project owner. Having faced a wide range of situations and challenges, they are adept at finding the right solutions and adapting to changing circumstances.
- Strong financial commitment to the project: A personal investment of EUR 160 000 demonstrates the owner's real belief in the project's success and their commitment to its implementation.
Project Rating (Project Loss Risk): A. This rating is consistent with the previous project rating of C+.
About the project owner:
Director of the company has developed different real estate projects (Markuciu st. 38 Vilnius, Svenceles st. 18C Svencele, Saltinelio st. 51 Klaipeda, Jazminu st. 22 Klaipeda).
About the project:
The developer will use the pooled amount to build two houses in Vilnius. The planned size of the dwellings is 142.27 m2 and 83.44 m2, of which one is a dwelling house and the other is a workshop, with a 28.84 m2 sauna to be built next to the dwelling house. There is also a 14,15-acre plot for the dwelling house, a 6,17-acre plot for the workshop and a 3,14-acre plot for the shared access. The foundations of all buildings are currently registered. The construction works are scheduled to be completed in December 2024. Estimated sales proceeds of EUR 605 000 including VAT. The loan will be covered by the sale proceeds and the interest to the investors will be covered by the other proceeds of the sale.
Project progress:
Since the last phase, the workshop space has been fitted with frame walls, windows and a roof. The residential building has also been fitted with frame walls and is currently being roofed. The funds from this phase will be used to continue further construction work.
The maximum planned amount of financing for the Project: EUR 290 000 (EUR 102 300 already raised). 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 – 10.00%
– From EUR 250 to EUR 699 – 10.50%
– From EUR 700 to EUR 1 999 – 11.00%
– From EUR 2 000 to EUR 6 999 – 11.50%
– From EUR 7 000 – 12.00%
Important: Individual investments are not aggregated and cannot be combined.
The project has a timeframe of 15 months, but no longer than 25 September 2025.
We plan to raise the amount within 7 days, with the possibility of extending it to 21 days in the event of non-collection.
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.
