- Stable Income: All premises are 100% complete and generate monthly rental income of 500 EUR per loft.
- High Liquidity: Due to its strategic location and the rapidly growing real estate market in Kaunas, this property offers high liquidity, ensuring the possibility of quicker asset realization.
- Developer’s Experience: The project owner, with 27 years of experience in the real estate sector, consistently implements various projects, reflecting a high level of professionalism and deep market knowledge.
Interest Rates Based on Investment Amount:
– From 100 EUR to 299 EUR – 7.50%
– From 300 EUR to 699 EUR – 7.80%
– From 700 EUR to 1 999 EUR – 8.10%
– From 2 000 EUR to 4 999 EUR – 8.40%
– From 5 000 EUR to 12 499 EUR – 8.70%
– From 12 500 EUR – 9.00%
Important: individual investments are not combined and cannot be aggregated.
About the Project:
In 2021, the project owner acquired an industrial-use building, which was thoroughly reconstructed into 56 modern lofts ranging in size from 30 to 38 m². Currently, 30 lofts have already been successfully sold, while the remaining 26 lofts ensure stable and consistent income from long-term rental.
During reconstruction, the highest quality and design standards were followed, making these lofts attractive to both residents and investors, ensuring a solid and profitable investment. The lofts are currently rented out and generate monthly income of 500 EUR per loft.
At this stage, funds are being raised to refinance an existing PROFITUS loan, as outlined in the financing plan.
Loan Information:
The loan will be repaid from the income of the existing property sale or through refinancing, while interest to investors will be paid from the rental income of the lofts, other leased properties, and the company’s operational revenue.
Maximum Project Financing Amount: 350 000 EUR. The project is financed according to the current valuation of the pledged property until the set maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation must be carried out, and subsequent financing stages will be launched only if the set maximum LTV is not exceeded.
We plan to raise the targeted amount within 7 days, with the option to extend up to 30 days if the full amount is not collected.
About the Profitus
Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros. Profitus investments are secured by real estate mortgages, Your investment is secured by a first or second mortgage on the property, as well as by other collateral (e.g. a surety or guarantee). Transactions are managed through Lemonway, a regulated payment service provider.
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. Profitus operates with Lemonway, a regulated payment service provider.
