- Transaction volume: The project owner has completed over 50 real estate transactions, demonstrating a wide range of experience in the real estate market.
- High liquidity: Due to its attractive location and the growing Vilnius real estate market, this property is highly liquid.
- History and culture: Naujamiestis has a rich history and culture. It is home to many old buildings, museums, galleries and other cultural attractions.
- Lifestyle: Naujamiestis is a vibrant district with a multitude of cafes, restaurants, bars and shops. There are also many parks and green spaces.
About the project owner:
The developer has completed over 50 real estate purchase and sale transactions as a real estate broker and organizes renovation and furnishing works. The total area of 50 different construction projects is about 2 000 m². More information about the company can be found here.
About the project:
The project owner is purchasing two loft-type premises located at Naugarduko st. 41-212 Vilnius. After the acquisition,the project owner intends to fully renovate the lofts, including all appliances and furniture, at his own expense. Once fully renovated, the developer will sell the lofts, with expected sales proceeds of EUR 210 000 excluding VAT. This loan will be repaid from the sales proceeds, and interest to investors will be paid from the project owner's operating income.
Interest by investment amount:
– From EUR 100 to EUR 249 – 9.20%
– From EUR 250 to EUR 599 – 9.70%
– From EUR 600 to EUR 1 999 – 10.20%
– From EUR 2 000 to EUR 6 999 – 10.70%
– From EUR 7 000 – 11.20%
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 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.
