We are presenting a new financing project "Loftai Vilniaus priemiestyje", the funds of which will be used to refinance an existing loan. This decision will give the project owner time to deal with the protracted design work of the apartment building and start construction. The amount to be raised is EUR 65 000.
About the project:
The project owner is developing a real estate project in Vilnius "Vilniaus priemiescio loftai". 36.3 acres of land in Vilnius, Vismaliuku str. 44 is planned to build a 36-apartment residential house, with 36 parking spaces. The total area of the house under construction is 1 830 square meters. The planned sales revenue of the whole project is EUR 3 230 000.
About the project owner:
The project owner has experience in developing real estate projects and has already developed real estate projects covering more than 15 000 square meters.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To ensure the interests of investors, a 36.30 acres plot of land is pledged in Vilnius, Vismaliuku str. 44. According to an independent real estate appraiser, the value of the mortgaged property is EUR 152 000.
Interest by investment amount:
- From EUR 100 to EUR 349 – 10%
- From EUR 350 to EUR 699 – 10,5%
- From EUR 700 to EUR 1 999 – 11%
- From EUR 2 000 to EUR 6 999 – 11,5%
- From EUR 7 000 – 12%
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.
