We present a new financing project "Metu dvibutis", the funds of which will be used to increase the company's working capital. The amount to be raised is EUR 160 000.
The aim of the project:
The project owner intends to purchase concreting formwork that will be used for rent. The project owner has been operating scaffolding and concreting formwork for 8 years. This loan will be covered by the company's operating and sales income. The estimated income from the sale of one apartment is EUR 145 000.
About the project owner:
The project owner has experience in real estate development projects both as a builder and as a contractor in Lithuania and abroad. Estimated experience amounts to about 2 500 square meters in commercial projects such as the construction of a private school in the Netherlands, the construction of an administrative building in Belgium
To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors a 10-acre plot of land with a 125,21 square meter residential house is pledged at Vilnius district, Avizieniu eldership, Bajoru village, Metu st. 17S. The registered completion of a two-apartment house is 16%, but the actual completion is higher, and the actual areas of apartments would be about 117 square meters. According to the valuation performed by the independent real estate appraiser "Centro Kubas", the value of the property pledged to investors is EUR 270 000.
Interest by investment amount:
- From 100 EUR to 999 EUR –8,5%
- From 1 000 EUR to 4 999 EUR – 9%
- From 5 000 EUR – 9,5%
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.
