We present the third stage of the phased financing project “Kvartalas "Baltai". The funds of this stage will be allocated for the development of real estate. The amount to be raised is EUR 50 000.
The "Baltai" quarter is a unique residential quarter. Much attention is paid to architectural elements that tastefully use Baltic symbols. Modern architecture was chosen due to rational building solutions and opportunities to expand the possibilities of the house by installing terraces on the roofs. Technologies implemented in construction and living environments are compatible with ecology, allow efficient use of energy resources and protect nature.
Progress of the project:
After the second financing phase, the project owner paid an advance to the suppliers of windows and doors and started building walls and roofs in other houses. Currently, the following works have been performed in the house: the house is insulated with eco-wool, the roof is covered, the floor heating is installed and the communications are concreted and laid out. By the end of November, the project plans to put together windows and doors, make interior room partitions. The project owner has already poured 8 foundations for individual houses on other plots of land. One detached house is already fully built but not yet registered. The foundations of the two three-aparmtnet houses are also being laid. It is planned to sell one house / apartment with partial finishing from EUR 1 050 euros per square meter, and with full finishing from EUR 1 250 per square meter. The planned sales revenue of the whole project is EUR 5 300 000.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors 40 land plots of land with a total area of 4,5516 ha are pledged at Fabriko st. 25; 25A; 25B; 25C; 25D; 25E; 25F; 25G; 27; 27A; 27B; 27C; 27D; 27E; 27F; 27G; 29; 29A; 29B; 29C; 29D; 29E; 29F; 29G; 31; 31A; 31B; 31C; 31D; 31E; 31F; 31G Vilnius, Vilnius city municipality. Pilialaukio st. 51; 53; 55; 57; 59; 61; 63; 65 Vilnius, Vilnius city municipality. According to an independent real estate appraiser, the value of the mortgaged real estate is EUR 1 065 000.
Maximum planned amount of funding for the project: EUR 3 500 000. The project is funded based on the current mortgage valuation until it reaches the maximum LTV set. When maximum LTV is reached, a new valuation of the property will be required and further project funding stages will be announced and collected only if the maximum LTV set is not exceeded.
Interest by investment amount:
- From 100 EUR to 999 EUR – 8,5%
- From 1 000 EUR to 19 999 EUR – 9,5%
- From 20 000 EUR - 10,5%
Important: investments made separately are not aggregated.
We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.
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.
