We present the phased financing project – „Senamiescio Trio". The project owner will use the pooled funds for property development. The amount to be raised in this phase is EUR 100 000.
About the project owner:
The project owner has experience in real estate. The developer has received funding on the Profitus platform and is developing the project „Faustinos namai", the project is on schedule and the interest is paid to investors on time.
Project objective:
The owner of the project is developing three 2 700 square metre four-storey A++ class apartment buildings with 48 designed apartments and parking spaces. The apartments will be sold with partial finishing. Reservations for apartments in blocks C and B are ongoing and 15 apartments have already been reserved. Estimated sales revenue EUR 4 293 000.
Project progress:
Construction work has started and the foundations of all blocks have been poured. The first floor of block B is under construction and the second floor of block C is under construction. Work will start on the A block once the masonry work on the B and C blocks has been completed.
Interest by investment amount:
– From EUR 100 to EUR 499 – 9%
– From EUR 500 to EUR 999 – 9.5%
– From EUR 1 000 to EUR 4 999 – 10%
– From EUR 5 000 to EUR 9 999 – 11.5%
– From EUR 10 000 – 12%
Important: investments made separately are not aggregated.
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.