- Sales: The properties under development in this stage have received strong interest – preliminary sale and purchase agreements have been signed for both residential houses.
- High Completion Rate: The residential houses under development are in the final construction stage – with a completion rate of 85%, enabling the forecast of full completion and further sales.
- Active Demand: Four residential houses in this land plot cluster have already been built and successfully sold.
About the Project:
The project owner is continuing the development of a single-family residential housing community near the town of Vievis. The project is progressing according to plan, and since the previous stage, the construction of the house at Ievų St. 9 is nearly completed, with a registered completion rate of 85% in the Real Estate Register. Additionally, the house on Linų St. 10 has also reached 85% completion and is registered accordingly. Preliminary agreements have been signed for the sale of both properties.
The estimated sales revenue is approximately EUR 280,992 (excluding VAT) for both houses. The funds raised during this stage will be used to complete the construction of the houses on Ievų St. 9 and Linų St. 10 and to settle accounts with suppliers. Additionally, construction work on other residential houses (Ievų St. 5, Pievų St. 5, and Pievų St. 7) will continue.
Loan Information:
This loan will be repaid from the proceeds of the sale of the residential houses under development. Interest payments to investors will be made from the project owner's operating income.
Maximum loan amount: EUR 500,000 (EUR 111,973 already raised). The project is financed based on the current valuation of the pledged assets until the maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation must be carried out. Further financing stages will only be launched if the new valuation does not exceed the permitted LTV.
The funding goal is planned to be reached within 7 days, with a possible extension of up to 30 days if the full amount is not raised.
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.
