We present a new financing project – „Butas Kaune M105-1". The pooled funds will be used the company's working capital. The amount to be raised at this stage is EUR 56 800.
About the project owner:
The owner of the project has the status of a trusted developer and together with PROFITUS has financed eight unique real estate projects (Azuolyno G19, G21 and G23, Butas Laisves aleja, Butas Rokiskio g. Kaune, Butas Asigalio g., Butas Mackeviciaus G105-1, Ajeru G2, Horizonto G2 and Paslaugu centras Silainiuose). Currently active projects, which have not yet returned their investments to the investors, are: Ajeru G2, Butas Mackevicius G105-1, Dvibutis Horizonto G2 and Paslaugu centras Silainiuose. All other projects have fully repaid their investments to the investors and interest payments are made on time. Jonresta MB has experience in real estate development. It has implemented various real estate development projects with a total area of 5 000 square metres.
About the project:
The owner of the project purchased the apartment in 2022, which was partially completed. The funds raised were used to purchase the property. The project owner has furnished the apartment and currently only the furniture is missing. The purpose of the pooled loan for this project is to provide additional borrowing for working capital. This loan will be reimbursed from the proceeds of the sale of the mortgaged assets, which will amount to EUR 450 000.
Interest by investment amount:
– From EUR 100 to EUR 999 – 12%
– From EUR 1 000 to EUR 4 999 – 12.5%
– From EUR 5 000 – 13%
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.
