- "Realco Group": A real estate company with years of experience, contributing to the urban development of Vilnius by implementing such ambitious projects as "Ozo parkas" and "Vichy parkas," which have become new centers of Vilnius.
- Project uniqueness: The "Ocean 11" project, launched in Estepona in the Malaga region, marks the debut of the "Realco" group of companies in the Spanish real estate market.
- Experienced project owner and company shareholders: In Lithuania, the project owner and company shareholders have already developed over 243,800 m². They are also currently developing real estate projects in Lithuania (121,500 m²) and in Spain (9,000 m²).
- Profitable project: A clear project plan has been established, the cost of the four villas being developed has been calculated, and the projected profit is EUR 2,000,000.
Interest by investment amount:
– From 100 EUR to 399 EUR – 7.00%
– From 400 EUR to 999 EUR – 7.25%
– From 1 000 EUR to 4 999 EUR – 7.50%
– From 5 000 EUR to 14 999 EUR – 7.75%
– From 15 000 EUR – 8.00%
Important: investments made separately are not accumulated.
About the Project:
The project owner is developing 4 premium class villas in Malaga, Spain. The "Ocean 11, East" villa project will be built on four 10.5-acre plots of land between Marbella and Estepona. Each villa will have a living area of approximately 400 m².
It is estimated that each villa will cost around 2.5 million EUR. Construction began in July 2024, and completion is scheduled for October 2025.
Loan Information:
This loan will be repaid from the project's sales revenue, which is estimated to be 10 million EUR. Interest will be paid from the project owner's own funds.
Maximum planned amount of funding for the Project: 3,999,999 EUR (EUR 650,000 already raised). Please note that funding will be based on the LTC indicator. The LTC indicator (Loan-to-cost) refers to the ratio between the loan and the total project cost. The project will be financed on the basis of the submitted acceptance of the construction works, to the account of the general contractor, within the maximum LTC of 70% and the maximum loan amount. No additional reassessment of the property will be carried out between the financing phases and the financing decision will be based on the certified acceptance of the works by the Construction Superintendent and the Client's evidence of payment of the equity share.
The target amount is planned to be raised within 7 days with the possibility of extending the period to 30 days if the funds are not raised.
About the Profitus
Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros. Profitus investments are secured by real estate mortgages, Your investment is secured by a first or second mortgage on the property, as well as by other collateral (e.g. a surety or guarantee). Transactions are managed through Lemonway, a regulated payment service provider.
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. Profitus operates with Lemonway, a regulated payment service provider.
