We present a new financing project - "Namas Dusmenu g. 55". The funds raised will be used for the development of a real estate project. The amount to be raised is EUR 40 000.
Project owner:
The project owner is developing a newly built residential quarter in Vilnius, Dusmenu street. The new quarter is being built with all the necessary communications and an asphalt road. The owner of the project is well acquainted with the surroundings of Lentvaris and has developed a similar type of residential project there and has accumulated a lot of valuable experience in developing residential projects. The project owner has the status of a reliable entrepreneur - the project is rapidly developing and loans are repaid on time.
The aim of the project:
The project owner will allocate raised amount for the construction of other houses. This loan will be covered by the proceeds from the sale of the company's real estate.
To secure the interests of investors, real estate is pledged with a secondary mortgage:
To secure the interests of investors a plot of land with a 102.57 square meter, A + class house is pledged at Dusmenu st. 55, Vilnius. According to an independent real estate appraiser, Ober-Haus, the value of the mortgaged property is EUR 158 000.
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.