We present a new financing project "Sklypas Drebuliu g.", the funds of which will be allocated to the refinancing of the current loan. The amount to be raised is EUR 31 900.
The aim of the project:
The owner of the project has purchased a 24-acre plot of land in a residential quart in Kaunas district. This plot of land is planned to be divided into 6 separate property units and residential houses will be built in them.
Progress of the project:
The subdivision of the site is currently underway: aerial photographs, visualisations, density and layout planning. The architectural design of the block of houses is also being carried out in order to obtain a building permit as soon as possible. In addition, minor construction work has started, such as raising the ground level on the site and installing access roads for the houses.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure investors' interests, a plot of land with an area of 24.86 acres is pledged at Drebuliu str. 17, Kaunas district. According to an independent real estate appraiser, the value of real estate pledged to investors is currently EUR 70 000.
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.
