We present a new staged financing project "Pasiles namai", the funds of which will be allocated to the refinancing of the existing loan and the development of real estate. The amount to raised at this stage is EUR 580 000.
About the borrower:
The developer has a lot of experience, having developed about 4 thousand square meters (as a manager) and about 6 thousand square meters of real estate projects under the company's name. The developer previously received financing on the Profitus platform and has completed 9 real estate projects. Projects were successfully finished, and investors were paid back on time.
About the project:
The owner of the project is developing the construction of 9 semi-detached houses, a total of 18 apartments. Apartments in semi-detached houses will have an area of 92-93 square meters, A++ energy class and one floor. Each apartment will own a 5-acre plot of land. Currently, construction has already started, all houses have building permits. Semi-detached houses will be sold partially finished. The planned sales revenue of the entire project is about EUR 3 800 000.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, 9 plots of land with a total area of about 90 ares and 1 656 square meter 9 semi-detached houses are pledged at Pasiles st., Vilnius district. According to an independent real estate appraiser, the value of the property pledged to investors is EUR 964 000.
Maximum planned amount of funding for the project: EUR 2 500 000. 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 499 EUR – 9,5%
- From 500 EUR to 2 999 EUR – 10%
- From 3 000 EUR to 9 999 EUR – 10,5%
- From 10 000 EUR to 24 999 EUR – 11%
- From 25 000 EUR – 11,5%
Important: investments made separately are not aggregated.
We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days without raising 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.
