- Experience with PROFITUS: The project owner has successfully completed the project "House on Europos Parko St." through the PROFITUS platform. Settlements with investors were made on time.
- Liquidity and Development Potential: The project is being developed in the rapidly growing Kaributo neighborhood in Vilnius city, where the construction of over 100 new homes is planned. The houses will be sold fully finished, ensuring high liquidity and potential for value appreciation.
- Smooth Implementation: Currently, 21% of the semi-detached houses have been completed, with essential masonry work already done, and construction is progressing smoothly according to plan. Construction is expected to be completed within 12 months, i.e., by April 2026.
About the Project:
The project owner has acquired a plot of land in Vilnius city and has already started the construction of 15 semi-detached residential houses. At present, masonry work is underway—the third floor is under construction. According to the data from the Center of Registers, the completion rate of the semi-detached houses is 21%. A total of 15 semi-detached houses are planned to be developed, with a total area of 1,369.87 m². The project owner intends to fully finish the houses and sell them. The expected sales revenue is EUR 2,772,617 excluding VAT (EUR 2,024/m²).
Currently, it is planned to fully complete the construction and sell the houses by April 2026, with the first purchase-sale agreements to be signed by October this year.
Loan Information:
The loan funds are needed for the development and completion of the project. Part of the raised loan funds will also be used to acquire additional plots of land for further development.
The loan will be repaid from the proceeds of property sales, and the interest to investors will be paid from the company’s working capital and advance payments.
Maximum financed amount: EUR 2,000,000. The project is financed based on the current valuation of the pledged property, up to a specified maximum loan-to-value (LTV) ratio. Once the maximum LTV is reached, a new property valuation must be carried out, and further financing stages for the project will only be announced and collected if the set maximum LTV is not exceeded.
We plan to raise the required amount within 7 days, with the possibility to extend the funding period up to 30 days if needed.
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.
