- Significant experience of the project owner: UAB “Jore Home” has been operating in the market since 2024, however, the company’s shareholders have more than 15 years of experience in the real estate sector. Together with related companies – UAB “Jore Invest” and UAB “Vyčio slėnis” – they have implemented residential and commercial projects with a total development area exceeding 20,000 m².
- Experience with PROFITUS: The project owner already collaborates with the PROFITUS platform and has successfully completed two projects. Currently, two more projects under development are being financed through the platform.
- Attractive project location: The project is being developed in the western part of Marijampolė, on Vasaros Street – one of the fastest-growing areas of the city, distinguished by convenient access and well-developed infrastructure.
Interest rates based on investment amount:
– From 100 EUR to 299 EUR – 9.20%
– From 300 EUR to 749 EUR – 9.50%
– From 750 EUR to 2,999 EUR – 9.80%
– From 3,000 EUR to 9,999 EUR – 10.20%
– From 10,000 EUR – 10.60%
Important: separate investments are not combined and cannot be merged.
About the project:
UAB “Jore Home”, through the PROFITUS platform, purchased 9 land plots in Marijampolė, on Vasaros Street, for 191,000 EUR (excluding VAT). Some of the plots already had building permits issued. After the acquisition, the area was divided into 18 separate plots, for which new permits are currently being prepared.
The project foresees the construction of 18 semi-detached residential houses with partial finishing. Each duplex will have a total area of approximately 186 m², and the average planned sale price is 1,500 EUR/m² (excluding VAT). Sales are planned to be completed by Q1 2028.
The quarter will feature convenient infrastructure – designed access roads, landscaped public spaces, and easy connections with the city’s main roads. Construction works will be carried out by a related company, UAB “Vasaros namai”, which will hold the right to build on the land plots.
Loan information:
The loan will be repaid from the proceeds of the mortgaged property sales. Interest to investors will be paid from received advances. The total projected sales revenue of the project amounts to 5,022,000 EUR.
The maximum planned financing amount for the project is 2,000,000 EUR. The project will be financed based on the current valuation of the mortgaged property until the set maximum LTV ratio is reached. Once the maximum LTV is reached, a new valuation will be carried out, and further financing stages will be announced only if the maximum LTV is not exceeded.
The target amount is planned to be raised within 7 days, with a possibility to extend 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.