• Unique location and project: Just 400 meters from the sea, an exclusive, one-of-a-kind premium apartment project is being developed in Palanga, ensuring high appeal for both residents and investors.
• Reliable developer and contractor: The project is being implemented by a real estate developer with big experience in the sector. Construction work is carried out by the general contractor UAB "Conres LT", which has over 20 years of experience and has already built more than 802,000 m².
• Construction is already underway: The project is already in an active development stage – the plots are prepared, and construction work has begun.
• High project profitability: The projected profitability of the project exceeds 30%, demonstrating strong financial potential, ensuring a reserve for managing development risks, and providing an attractive investment return.
• Sales managed by professionals: The project's sales have been entrusted to the "Solds Real Estate" team, which is known for its long-standing successful experience in premium residential real estate sales, high competence, and market expertise.

Interest by investment amount:
– From 100 EUR to 349 EUR – 8.60%
– From 350 EUR to 749 EUR – 8.90%
– From 750 EUR to  3 499 EUR – 9.20%
– From 3 500 EUR to 9 999 EUR – 9.60%
– From 10 000 EUR – 10.00%
Important: Individual investments are not aggregated and cannot be combined.

Exclusive Location and Project Vision
In the town of Palanga, in the Monciškės neighborhood, just 400 meters from the sea, a unique, unprecedented premium segment apartment complex is being developed. This project will be part of a modern seaside complex, which will include not only residential buildings but also a hotel, SPA, restaurant, coworking, and service spaces.

The exceptional architectural project covers four plots of land with approved construction permits. The development plan involves the construction of three three-story apartment buildings, with a total of 129 apartments.The project also includes a designated parking space for each apartment and 76 storage units, providing additional convenience and added value for future residents or investors. The total saleable area is 7,108.58 m².

Construction Start with a Reliable Contractor
The project has already entered the active construction phase – the plots are prepared, and the construction work is being carried out by the experienced general contractor UAB "Conres LT." The company has extensive experience in implementing high-quality construction projects across various sectors throughout Lithuania – from luxury hotels and factories to logistics centers and cultural objects. The construction work is expected to be completed by the end of the third quarter of 2027.

Strong Financial Potential
The apartments will be sold with partial finishing. It is projected that the sale of all 129 apartments, along with storage units and parking spaces, will generate 30,084,400 EUR in revenue, with a total project profit of 10,294,968 EUR. Considering these figures, the profitability will exceed 30%, indicating a strong return on investment and high financial attractiveness.

Loan Information:
The loan will be repaid from the proceeds of the sale of the developed property, and interest to investors will be paid from the shareholder's personal funds or advance sale payments.

The first fundraising phase will raise a total of 1,866,000 EUR, of which 400,000 EUR will be allocated to cover the commitment to another credit institution, and the remaining raised funds will be directed towards further construction of the project. Please note that interest for investors will begin to accrue from each raised phase amount.

The total loan requirement for this project is 11,882,276 EUR. Since this amount exceeds the limit set by the crowdfunding regulations, PROFITUS will join a syndicated loan agreement with another financial partner. PROFITUS's share of the loan will amount to 5,000,000 EUR, and the syndicate partner's share will be 6,882,276 EUR. The project is financed based on the current valuation of the pledged asset until the maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new asset valuation must be carried out, and further financing phases of the project will only be announced and raised if the maximum LTV ratio is not exceeded.

The targeted amount is planned to be raised within 7 days, with the possibility to extend up to 30 days if the funds are not collected.