- The project owner has the status of a trusted developer: He has successfully completed 12 projects on the Profitus platform with more than EUR 1 million in investor funding.
- Proven track record of successful projects: Approximately 40 completed real estate projects demonstrate the project owner's ability to successfully execute projects of varying sizes and complexities.
- Convenient access: Kaunas st. 30 is located in a prime location in Naujamiestis, close to the centre and the city's most important attractions. It is close to public transport stops, shops, restaurants, cafes and other services.
- "Loftas" Art Factory: A popular entertainment venue in Vilnius A vibrant cultural centre located in Naujamiestis, Vilnius. This unique space, housed in a former radio factory, offers a diverse entertainment programme, from concerts and performances to exhibitions and festivals.
About the project owner:
With over 20 years of experience in the construction sector, the project owner has successfully completed a wide range of projects, including construction, finishing work, and renovations.
About the project whose loan is being refinanced:
The project plan includes refinancing an existing loan, thereby reducing the cost of the loan. The project has been financed on a short-term basis and this refinancing is therefore planned. The owner of the project has purchased 10 lofts with a total area of 393 m2. The developer, with the help of designers, designed, custom-made furniture, selected and installed the necessary appliances and equipment for comfortable living. The lofts were rented out, generating a rental income stream of EUR 17 000 per month. This loan will be repaid from the proceeds of the sale of the next project and interest will be paid to the investors from the rental income.
Interest by investment amount:
– From 100 EUR to 249 EUR – 8.70%
– From 250 EUR to 699 EUR – 9.00%
– From 700 EUR to 1 999 EUR – 9.30%
– From 2 000 EUR to 4 999 EUR – 9.60%
– From 5 000 EUR to 9 999 EUR – 10.00%
– From 10 000 EUR – 10.30%
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.
About the Profitus
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. Monetary operations on the platform are carried out in cooperation with Paysera and Trustly. The risk relating to the project and project owner are assessed on the basis of information provided by Creditinfo.
