- Rapid construction progress: Construction is proceeding smoothly and according to plan. Significant work has been completed in the past month, including window installation, utility system setup, wall insulation, and preparation of underfloor heating. This demonstrates efficient project management and ensures that construction will be completed on time.
- Clear project goal and value: Once construction is completed, the house will be sold fully furnished, including household appliances, making it an attractive option for buyers looking for a ready-to-live-in home without additional investment in interior finishing.
- High liquidity: The residential house is being developed in a fast-growing area of Vilnius district, where real estate demand is steadily increasing. This ensures the property’s attractiveness for both buyers and investors.
About the project:
The developer continues to successfully implement a residential house construction project in Didžiasalis village, Vilnius district. According to the Register Centre data, the completion level of the property is 36%, but according to an internal appraiser, the actual completion level has already reached 68%. The raised funds will be invested in further project development, ensuring a smooth construction process. The residential house is planned to be sold fully furnished, including furniture and household appliances. The construction is expected to be completed in Q3 of 2025.
Over the past month, construction has proceeded according to plan, and the following works have been completed:
- Exterior walls insulated;
- Floors concreted;
- All utility systems installed;
- Underfloor heating prepared;
- Windows installed;
- Roof covering completed.
Loan information:
This loan will be repaid from the sales revenue of the mortgaged project, which is estimated to be 260,000 EUR excluding VAT. Interest will be paid to investors from the project owner's operating income.
Maximum planned project funding amount: 120,000 EUR (54 700 EUR already raised). The project is financed according to the current valuation of the mortgaged property until it reaches the set maximum 1 loan-to-value (LTV) ratio. Once the maximum LTV is reached, a new property valuation must be performed, and further project financing stages will be announced and collected only if the set maximum LTV is not exceeded.
We plan to collect the raised amount within 7 days, with the possibility of extension up to 30 days if the funds are not collected.
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.
