We present the new stage of staged financing project – „P00000807-4". The project owner will use the funds to refinance the existing loan and for working capital. The amount to be raised at this stage is EUR 125 000.
About the project owner:
The project owner has experience in real estate and has developed various construction projects with a total area of more than 2 000 square metres. He has successfully financed and implemented the project „Girios butai“ on the Profitus platform. The project „Bernardinu butai" is also being successfully developed and the interest is paid to investors on time.
About the project:
The owner of the project is developing a house with an area of 79.99 square metres. The developer intends to furnish the house to full completion. According to the Centre of Registers, the completion of the house is currently 80%, while the actual completion is almost 100% based on the work already done. The owner of the project plans to register the 100% completion at the Registry Centre in March. The refinancing of the project has been foreseen and taken into account in the company's cash flow planning. The expected sales revenue is around EUR 240 000.
The maximum financed amount: EUR 600 000 (EUR 272 000 already raised). The project is financed according to the current valuation of the mortgaged property until it reaches the set maximum LTV of 70%. Once the maximum LTV is reached, a new valuation of the property will have to be carried out, and the further stages of financing the project will be announced and collected only if the set maximum LTV is not exceeded. The loan-to-value ratio (LTV) with VAT at this stage is 55%.
Risk category (probability of default) of this project: 10/12.
Interest by investment amount:
– From EUR 100 to EUR 499 – 9.9%
– From EUR 500 to EUR 999 – 10.4%
– From EUR 1 000 to EUR 1 999 – 10.65%
– From EUR 2 000 to EUR 4 999 – 10.9%
– From EUR 5 000 to EUR 9 999 – 11.4%
– From EUR 10 000 – 11.9%
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 21 days if we do not raise funds.
About the Profitus
Profitus est une plateforme de crowdfunding et d’investissement avec un investissement minimum de 100 euros. Les investissements Profitus sont garantis par des hypothèques immobilières. Votre investissement est sécurisé par une première ou une deuxième hypothèque sur la propriété, ainsi que par d’autres garanties (par exemple, une caution ou une garantie). Les transactions sont gérées par Lemonway, un fournisseur de services de paiement réglementé.
Profitus est une plateforme de crowdfunding et d’investissement dont le principal objectif est de rendre l’investissement accessible à tous. Les investissements commencent à 100 euros, et la plateforme est ouverte 24/7. Les investissements sont garantis par la mise en gage de biens immobiliers et d’autres garanties (par exemple, une indemnité ou une garantie). Différents projets ont différents outils de sécurité auxquels les utilisateurs peuvent accéder en libre-service pour chaque projet.
Profitus consulte la Banque de Lituanie afin d’assurer une conformité parfaite avec la loi. Profitus fonctionne avec Lemonway, un fournisseur de services de paiement réglementé.
