Back to Profitus offerings
active
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
Europos 70, Kaunas
CrowdSpace n'est pas responsable du contenu présenté dans cette offre. Consultez les informations sur le site Web officiel de Profitus et prenez des décisions éclairées en vous basant sur vos propres recherches.
  • Liquid Asset: The project is being developed in a strategically convenient location – Europos Ave. 70, Kaunas. This is a rapidly developing part of the city, which contributes to the property's high attractiveness and liquidity.
  • Reserved Units: 67% of the apartments and creative workshops have already been reserved. Additionally, a 12-year lease agreement has been signed with the main tenant of the second floor – one of the largest gym chains in Lithuania.
  • Building Permit: The Kaunas City Municipality has issued a building permit for the project, allowing for major renovations of the building and changes to the designated use of certain premises.
  • Works in Progress: Major renovation works are well underway – key preparatory stages have been completed, including demolition, new wall masonry, installation of facade frames, and window placement.

Interest by investment amount:
– From 100 EUR to 299 EUR – 7.50%
– From 300 EUR to 749 EUR – 7.80%
– From 750 EUR to 3 499 EUR – 8.20%
– From 3 500 EUR to 9 999 EUR – 8.60%
– From 10 000 EUR to 24 999 EUR – 9.00%
– From 25 000 EUR – 9.50%
Important:
Individual investments are not aggregated and cannot be combined.

About the Project:
The project owner has acquired a four-storey industrial building at Europos Ave. 70, Kaunas, with a current total area of 8,005.19 m². The aim is to carry out a major renovation and expand the total area to 9,345.84 m². After the renovation, the building will be suitable for rent or sale, depending on the type of premises.

The development plan includes apartments on the fourth floor, and creative workshops and lofts on the third floor. Currently, 43 out of 63 unit sales agreements have already been signed. The premises on the first and second floors will be leased. The second floor is already fully leased – a 12-year agreement has been signed with one of Lithuania’s largest gym chains. Rental operations are planned to begin within the next 12 months upon completion of renovation works. Additionally, 80 parking spaces will be provided.

In the first financing stage, the raised funds will be used to refinance an existing loan from another credit institution. Once that obligation is refinanced, subsequent funding rounds will be allocated for the implementation of the building’s major renovation works. Renovation has already started – premises have been demolished, new walls have been built, floor structures reinforced, metal frames installed for façade openings, and windows fitted. To date, approximately 480,000 EUR has been invested into the renovation works.

Loan Information:
The loan will be repaid from real estate sales and rental income. Interest payments will be covered by the company's working capital or rental income. The total expected project revenue from sales and rent amounts to 10,938,721 EUR. If needed, the loan may be refinanced.

Maximum Planned Project Financing Amount: 4,820,000 EUR. The project is financed based on the current valuation of the pledged property until the maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is met, a new property valuation must be conducted, and further financing stages will only be launched if the set maximum LTV is not exceeded.

We plan to raise the targeted amount within 7 days, with the possibility to extend up to 30 days if the funds are not collected.

Location
Europos pr. 70, Kaunas, Lithuania

About the Profitus

Licence ECSP
Profitus Vous travaillez ici ? Réclamer ce profil

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros. Profitus investments are secured by real estate mortgages, Your investment is secured by a first or second mortgage on the property, as well as by other collateral (e.g. a surety or guarantee). Transactions are managed through Lemonway, a regulated payment service provider.

Investissement minimum
100 EUR
Retour annoncé
11,4%
Investisseurs
44,041
Options de paiement
Direct debit, Bank transfer
Volume de financement total
254,260,361 EUR
Durée moyenne du prêt
N/A
Qu'est-ce que Profitus offrir?

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. Profitus operates with Lemonway, a regulated payment service provider.

Profitus alternatives

crowdfunding report 2023
Obtenez notre dernier rapport sur le marché européen du crowdfunding 2023.

Notre tout nouveau rapport donne un aperçu de l'état du marché du crowdfunding en général et approfondit les volumes de financement, les profils des bailleurs de fonds et des collecteurs de fonds, les implications réglementaires, les défis techniques et bien d'autres choses encore. Prenez votre exemplaire, il est GRATUIT !