- Strong guarantor: "Lorus Construction" UAB, the guarantor, has a successful track record of developing and selling residential and commercial real estate in Vilnius. The company offers a wide range of services, covering all stages of the construction process, from design to finishing.
- Developed infrastructure: You will find everything you need for a comfortable life nearby - schools, kindergartens, hospitals, clinics, shopping centers and other important institutions.
- Financial commitment to the project: The project owner's decision to invest EUR 59 000 of his own funds demonstrates his strong belief in the success of the project and his commitment to its implementation.
- Steadily growing real estate market: Vilnius real estate is characterized by stable demand and constantly growing prices.
About the project owner:
The project owner has over 7 years of experience in the real estate industry, including the successful development and sale of over 5 000 m² (approximately 15 projects) of residential and commercial properties in Vilnius.
About the project:
"Gulbinu namai" residential quarter of 5 houses is being developed at Vaiselos st., Vilnius. The project owner intends to equip the houses in a modern style, with all appliances and furniture. The total area of 5 residential houses is planned to be 401.65 m², the current completion rate registered in the Register Center is 30%, and the area is 240.28 m². The developer intends to sell the fully equipped houses, with expected sales revenues of EUR 1 004 125 including VAT. This loan will be covered from sales proceeds, and interest will be paid to investors from the down payments received for the houses.
The maximum financed amount: EUR 500 000 (EUR 70 000 already raised). The project is financed on the basis of the current valuation of the collateral until it reaches the established maximum loan-to-value ratio of 70% LTV. Once the maximum LTV has been reached, a new valuation of the property will have to be carried out and further rounds of financing for the Project will only be advertised and collected if the set maximum LTV is not exceeded.
Interest by investment amount:
– From 100 EUR to 249 EUR – 9.00%
– From 250 EUR to 499 EUR – 9.50%
– From 500 EUR to 1 999 EUR – 10.00%
– From 2 000 EUR to 6 999 EUR – 10.50%
– From 7 000 EUR – 11.00%
Important: investments made separately are not aggregated and cannot be pooled.
We plan to raise the amount within 7 days, with the option of extending it to 30 days if we do not raise funds.
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.
