We present a new project for investment "Butas Justiniskese". The project owner will use the raised funds for the refinancing of existing loan. The amount to be raised for the project is EUR 63 000.
About the project owner:
The owner of the project has 6 years of experience in real estate. Implemented eleven different real estate projects in Vilnius and Anyksciai district.
The aim of the project:
The project owner will use the raised funds to refinance the existing loan. This decision will give the project owner time to sell the 41.44 square meter two-room apartment. The apartment is equipped in a modern way with all household appliances and furniture. Estimated sales revenue about EUR 115 600. The proceeds of the sale will repaid this loan.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, an apartment of 41.44 square meters is pledged at Justiniskiu st. 144A-33, Vilnius. According to an independent real estate appraisal, the value of real estate pledged to investors is EUR 95 100.
Interest by investment amount:
- From 100 EUR to 499 EUR – 9%
- From 500 EUR to 999 EUR – 9.5%
- From 1 000 EUR to 4 999 EUR – 10%
- From 5 000 EUR to 9 999 EUR – 10.5%
- From 10 000 EUR – 11%
Important: investments made separately are not aggregated.
We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days without raising 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.
