- Liquid Asset: Both the property being acquired and the additionally pledged asset are characterized by high liquidity, with an expected sale period of up to 6 months.
- Developer Experience: Since 2017, the project owner has completed 20 residential and commercial real estate projects with a total area of 3,700 m².
- Strategic Location: The property is being acquired in one of the most prestigious districts of Vilnius – Užupis, near the city center, making it highly attractive and in demand on the real estate market.
Interest Based on Investment Amount:
– From 100 EUR to 299 EUR – 7.50%
– From 300 EUR to 749 EUR – 7.80%
– From 750 EUR to 4 999 EUR – 8.20%
– From 5 000 EUR – 8.50%
Important: individual investments are not accumulated or combined.
About the Project:
The project owner aims to acquire and develop an apartment in Vilnius, in the Užupis district, at Polocko St. 6-51. A preliminary purchase agreement has already been signed. The owner has already started renovation works and has invested approximately EUR 129,805 in the renovation, as well as paid an advance for the apartment purchase.
Once the renovation is completed, the property will be sold on the market. The planned sales revenue is about EUR 805,000, or EUR 5,370/m².
At this stage, the funds raised will be allocated to the company's working capital.
Loan Information:
The loan will be repaid from the proceeds of apartment sales, while interest to investors will be paid from the company’s working capital.
Maximum financed amount: 600 000 EUR (480 000 EUR already raised). The project is financed based on the current valuation of the pledged asset until the set maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new valuation must be performed, and further project financing stages will only be announced and opened if the set LTV threshold is not exceeded.
The targeted amount is planned to be raised within 7 days, with a possibility to extend up to 30 days if the funds are not fully raised.
About the Profitus
Profitus est une plateforme de crowdfunding et d’investissement avec un investissement minimum de 100 euros. Les investissements Profitus sont garantis par des hypothèques immobilières. Votre investissement est sécurisé par une première ou une deuxième hypothèque sur la propriété, ainsi que par d’autres garanties (par exemple, une caution ou une garantie). Les transactions sont gérées par Lemonway, un fournisseur de services de paiement réglementé.
Profitus est une plateforme de crowdfunding et d’investissement dont le principal objectif est de rendre l’investissement accessible à tous. Les investissements commencent à 100 euros, et la plateforme est ouverte 24/7. Les investissements sont garantis par la mise en gage de biens immobiliers et d’autres garanties (par exemple, une indemnité ou une garantie). Différents projets ont différents outils de sécurité auxquels les utilisateurs peuvent accéder en libre-service pour chaque projet.
Profitus consulte la Banque de Lituanie afin d’assurer une conformité parfaite avec la loi. Profitus fonctionne avec Lemonway, un fournisseur de services de paiement réglementé.