We present a new project for investment - "K. Kalinausko 11A-32". The raised funds will be used for the furnishing of apartments. The amount to be raised for the project is EUR 90 300
The aim of the project:
The funds of the project will be allocated to repair works for other projects developed by the project owner: Sv. Stepono st. 9, Teatro st. 7C, Glitiskiu dvaro lobynas ir Didzioji st. 22. The apartments will be sold after the installation work is completed. This loan will be repay by one of the listed proceeds from the sale of the project.
About the project owner:
UAB "Ribas Holdings" main activity is Real estate operations and retail sale of jewelry and jewelry in specialized stores. To date, the group has developed 928 square meters of apartments and commercial premises and returned funds to investors ahead of schedule.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, a 42.13 square meter apartment built in 1940 is pledged at K. Kalinausko str. 11A-32, Vilnius. In addition, this loan is guaranteed by Patrikas Ribas. According to an independent real estate appraiser, the value of the property pledged to investors is EUR 129 000.
Interest by investment amount:
- From EUR 100 to EUR 999 - 8%
- From EUR 1 000 to EUR 2 499 - 8.5%
- From EUR 2 500 to EUR 7 499 - 9%
- From EUR 7 500 - 9.5%
Important: investments made separately are not aggregated.
We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days without raising funds.
About the Profitus
Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros. Profitus investments are secured by real estate mortgages, Your investment is secured by a first or second mortgage on the property, as well as by other collateral (e.g. a surety or guarantee). Transactions are managed through Lemonway, a regulated payment service provider.
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. Profitus operates with Lemonway, a regulated payment service provider.
