Introducing the new financing project "Butas Seskines gatveje" The project owner will allocate the raised funds for the development of real estate and working capital. The amount to be raised is EUR 66 500.
The purpose of the project:
The funds of the project will be allocated to the separation of the 62.91 square meter apartment in the building built in 1982, which was purchased with own funds for EUR 95 000, into 2 separate apartments, their furnishing and the implementation of other existing projects. After completing these works, the apartments will be sold. Estimated sales revenue is about EUR 200 000.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To ensure the interests of investors, a 62.91 square meter apartment is pledged at Seskines str. 3-11, Vilnius. According to an independent real estate appraiser, the value of the mortgaged real estate is EUR 96 500.
Interest by investment amount:
- From EUR 100 to EUR 499 - 9%
- From EUR 500 to EUR 1 999 - 9.5%
- From EUR 2 000 to EUR 4 999 - 10%
- From EUR 5 000 to EUR 9 999 - 10.5%
- From 10 000 - 11%
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.
