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Phased financing project for real estate development - Phase I. The purpose of the loan is the development of two-apartment residential houses located in Vilnius. It is planned to build 4 residential two-apartment houses (8 apartments in total) with a total area of 995 sq. M. m. Once the houses are partially finished, they will be sold. The estimated selling price is 1,500 euros per square meter. The planned sales revenue of the whole project is 1.5 million. euros. It is planned to complete the construction works by 2022. February. The company has accumulated successful experience in real estate development. The for-profit investor community has funded 4 previous projects by this developer. All projects were successfully implemented, all investors were settled on time. As a guarantee to investors, land plots are pledged in a well-developed place - in Kalnenai, at Satrininku str. 22, 28, 30 and 36, Vilnius. The purpose of the land plots is the territory of one-room and two-room houses, which covers an area of 26.22 ares of land. Maximum planned funding: EUR 700 000. The Borrower will be entitled to borrow additionally in other stages, provided that it does not exceed the established maximum ratio of the value of the loan and the collateral - 70%. The official asset value ratio (LTV) at this stage is 50%. Interest by investment amount: From EUR 100 to EUR 499 - 7.5% From EUR 500 to EUR 2,999 - 8% From EUR 3 000 to EUR 9 999 - 8,5% From 10,000 EUR - 9% We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days. without raising funds.

About the Profitus

Licence ECSP
Profitus Plateforme vérifiée

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros, secured by real estate or warranty. It operates 24/7 and collaborates with Paysera, Trustly, and Creditinfo.

Investissement minimum
100 EUR
Retour annoncé
10.36%
Investisseurs
33,404
Options de paiement
Direct debit, Bank transfer
Volume de financement total
126,833,230 EUR
Durée moyenne du prêt
N/A
Qu'est-ce que Profitus offrir?

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.

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