- Experience with PROFITUS: The group of companies related to the Project Owner has successfully financed 7 projects through the PROFITUS platform. All projects have either been successfully completed or are currently being developed according to plan. One of the largest projects by the group, currently under development and financed via PROFITUS, is the “Elfa Loftai” project.
- Construction Progress: Construction works are proceeding according to schedule — the structures of both houses have been completed, the properties are registered in the Real Estate Register, and actual progress is estimated at approximately 45%.
- Owner's Equity: 168,627 EUR of personal funds have already been invested in the project, allocated for land plot acquisition and the start of construction works.
About the Project:
The Project Owner is continuing the development of two single-family residential houses in the Vilnius district, at Vanagų aklg. 10 and 14. A total of 168,627 EUR in owner’s equity has already been invested to acquiring the land plots, and the remainder to construction works. At present, the building shells (“boxes”) of both houses are constructed, and they are registered in the Real Estate Register with a legal completion rate of 32% and 37%. According to an independent expert, the actual completion is about 45%. All necessary building permits have been issued. Upon reaching 85% completion and performing partial interior finishing, both houses are planned to be sold. The projected total sales revenue is 470,208 EUR excluding VAT.
The project is located in a strategically attractive area — near Lake Gilužis, just 12.9 km from the center of Vilnius. This location ensures high liquidity and strong appeal for both end-buyers and investors.
Loan Information:
This loan will be repaid from project sales revenues, and interest will be paid to investors from the Project Owner’s business income, advance payments, or income from other assets sold by the company.
The maximum planned financing amount for the project is 300,000 EUR (of which 55,000 EUR has already been raised). The project is financed based on the current appraised value of the pledged assets, up to the defined maximum Loan-to-Value (LTV) ratio. Once the maximum LTV is reached, a new appraisal will be required. Any further financing stages will only be launched if the set maximum LTV is not exceeded.
The planned amount is expected to be raised within 7 days, with a possible extension of up to 30 days if funding is not completed in the initial period.
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.
