- Project Owner Experience: The developer has many years of experience in the field of real estate development, operates in Sweden and Lithuania, and has developed more than 3,000 m² of residential buildings.
- Construction work: Currently, a residential building is under construction at Ievu st. 9, the actual completion of the residential building according to the work already completed is 57%.
- Sales: 4 residential buildings have already been built and successfully sold in this land plot array, and construction work is proceeding according to plan.
Interest by investment amount:
– From 100 EUR to 299 EUR – 8.60%
– From 300 EUR to 749 EUR – 9.00%
– From 750 EUR to 2 999 EUR – 9.40%
– From 3 000 EUR to 9 999 EUR – 9.80%
– From 10 000 EUR – 10.20%
Important: investments made separately are not aggregated and cannot be pooled.
About the project:
The project owner has acquired a mass of land plots near the town of Vievis, where he plans to develop a settlement of single-family houses. The massif consists of 34 land plots, including two communication plots and one plot designated for a green zone, with a total area of 4.5665 hectares. Single-family residential houses are being developed on the homestead land plots. The project owner is also considering the possibility of selling undeveloped land plots to buyers who would like to build their own residential houses. Currently, preparatory work is underway for access roads to the land plots, and projects are being prepared in parallel for the removal of electricity poles from some of the plots, and houses are also being built on Linų and Ievų streets.
Project progress:
The funds raised during this stage will be used to fully settle with the investors of the VI stage and for real estate development. The development works of the land plot array are proceeding according to plan - one or two residential houses are being built, and after they are sold, the proceeds are invested in the construction of another house.
Loan information:
This loan will be repaid from the sales revenue of the developed residential building and additionally pledged land plots, which is estimated to be EUR 278,511. Interest will be paid to investors from the project owner's operating income.
Maximum funding amount: EUR 500,000. The project is financed according to the current valuation of the pledged assets until it reaches the set maximum loan-to-value (LTV) ratio. Upon reaching the maximum LTV, a new property valuation must be performed, and further project financing stages will be announced and collected only if the set maximum LTV is not exceeded.
We plan to raise the required amount within 7 days, with the possibility to extend it to 30 days if the funds are not raised.
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.
