• Proven Developer with a Track Record of Success: The project owner has established a reputation as a trusted developer on the Profitus platform, having successfully completed 11 projects that attracted over EUR 2 million in investments from individual investors. 
• The builder is clearly demonstrating its extraordinary commitment to the success of the project: He plans to invest a further EUR 253 854 of his own funds for the acquisition of premises. In addition, an advance of EUR 50 000 has already been invested for the purchase of the premises.
• Stable Income Stream: Lease agreements guarantee a reliable and consistent source of income for investors. This translates to regular returns on your investment.
• Conveniently Located with Easy Access: The project is situated in a prime location, surrounded by educational institutions and shops for your everyday needs. A public transportation stop is conveniently located just 100 m. away, offering easy access to Vilnius city center which is only 1.3 km. distant.

Project owner:
The company's team at Business Garden Vilnius carried out the complex interior finishing works and supplied the finishing materials. The company's shareholder has experience in real estate development and has developed projects of about 3 000 m2: „Cottage complex Smelio st. 50“, „Building reconstruction M. K. Ciurlionio st. 15A“, „Apartaments Algirdo st. 18“, „Apartaments Kauno st. 6“, „Apartaments Uzupio st. 16“, „Apartaments A. Mickeviciaus st. 7“. 

About the project:
The owner of the project has entered into a preliminary agreement for the acquisition of 6 units of residential and non-residential premises at Kalvariju st. 8, Vilnius. The purchase price for all 6 units is EUR 803 854. The two premises at Kalvariju st. 8-16 and 17, with a total area of 142,76 m2, are leased to VSi "Baltijos aplinkos forumas" until 01/08/2029 and generate rental income of EUR 21 200 per year. The owner of the project plans to reconstruct the acquired premises with his own funds and sell them, the two rented premises will not be reconstructed and will be sold with lease agreements. The development works are planned to be completed by April 2025. The estimated proceeds from the sale of all premises are EUR 1 279 767. This loan will be covered by the total sales proceeds of the project and the interest will be paid to the investors from the developer's operating income.

The maximum amount to be financed: EUR 500 000. 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 54% 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 299 – 10.00%
– From EUR 300 to EUR 749 – 10.50%
– From EUR 750 to EUR 2 499 – 11.00%
– From EUR 2 500 to EUR 7 499 – 11.50%
– From EUR 7 500 to EUR 14 999 – 12.00%
– From EUR 15 000 – 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.