- Guarantee: The loan is guaranteed by the profitable parent company Magnus Investments, whose preliminary net profit for 2024 exceeds EUR 10 million.
- Experienced Developer: The project owner has many years of experience in real estate development and management. Since 2017, they have developed over 10,000 m² of residential, commercial, and administrative property projects.
- Prime Location: The project is being developed in a strategic and attractive location — a prestigious part of Vilnius Naujamiestis, just a few minutes away from the main Old Town streets.
Interest by investment amount:
– From 100 EUR to 399 EUR – 12.00%
– From 400 EUR to 999 EUR – 12.25%
– From 1 000 EUR to 4 999 EUR – 12.50%
– From 5 000 EUR to 19 999 EUR – 12.75%
– From 20 000 EUR – 13.00%
Important: Individual investments are not aggregated and cannot be combined
About the Project:
In cooperation with PROFITUS, the project owner has acquired a commercial-use building in a strategically attractive part of Vilnius Naujamiestis and has already started construction and renovation works. The building's roof is currently being renovated, and interior repairs are underway to adapt the premises for administrative use. The building is expected to be leased or a lease agreement signed starting from August 2025. The project owner plans to lease the entire building at a rate of EUR 21/m², including staircases and other common-use areas.
Loan Information:
The loan will be repaid by refinancing through another credit institution, and the interest will be paid from the shareholder’s personal funds
The maximum financed amount, together with a planned syndicate partner NuCapital, is EUR 8,000,000 (already funded 305 900 EUR). The project is financed based on the current valuation of the mortgaged property until the set maximum Loan-to-Value (LTV) ratio of 90% is reached. Once the maximum LTV is reached, a new property valuation must be carried out, and further project financing stages will be announced and launched only if the maximum LTV is not exceeded.
The targeted amount is planned to be raised within 7 days, with the possibility of an extension up to 30 days if the funds are not collected.
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.
