- Smooth Sales Progress: 32% of the entire project has already been sold, indicating growing buyer interest and high project liquidity. The sales pace of the first apartment building is particularly strong – 63% of the units have already been sold.
- Advanced Construction Stage: Construction of the second apartment building is underway. The foundations and monolithic columns have been poured, the elevator shaft has been installed, floor slabs have been concreted, load-bearing monolithic and brick walls have been built, and balconies on all floors have been poured.
- Experience with PROFITUS: The project owner has successfully completed 2 projects on the PROFITUS platform.
Interest by investment amount:
– From 100 EUR to 299 EUR – 8.50%
– From 300 EUR to 749 EUR – 9.00%
– From 750 EUR to 3 499 EUR – 9.50%
– From 3 500 EUR to 9 999 EUR – 10.00%
– From 10 000 EUR – 10.50%
Important: investments made separately are not aggregated and cannot be pooled.
About the Project:
The funds raised in this stage will be used to continue the construction of the second apartment building. The project is being developed on a plot of land owned by the company at Žeimenos St. 149, Kaunas, where two 7-storey residential apartment buildings are planned. The total area of both buildings is approximately 2,428 m², with 2,209.74 m² designated as sellable space. The project includes 38 apartments and 40 parking spaces. Both buildings will comply with the A++ energy efficiency class. The development started with the construction of the first building, which has currently reached 85% completion. 19 separate apartment units have been formed, of which:
- 13 apartments have been sold,
- 1 apartment is reserved (a preliminary sale-purchase agreement has been signed),
- 5 apartments remain unsold.
Construction of the second building is also well underway – the foundations, elevator shaft, all floor balconies, monolithic columns and slabs have been completed, and the load-bearing walls are under construction. According to the data from the Real Estate Register, the completion rate of this building currently stands at 19%
Loan Information:
This loan will be covered by the proceeds from the sale of the mortgaged property, and interest to investors will be paid from the project owner's operating income.
The maximum planned project financing amount is 3,300,000 EUR (666 614 EUR existing active portfolio). The project is financed based on the current valuation of the mortgaged property until it reaches the specified maximum loan-to-value ratio (LTV). Upon reaching the maximum LTV, a new property valuation will have to be carried out, and further project financing stages will be announced and collected only if the specified maximum LTV is not exceeded.
We plan to raise the amount within 7 days, with the option of extending it to 30 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.
